Cybersecurity Market Research Study on Revenue, Statistics, Industry Growth, and Demand by 2032 from Ravi Thakre's blog

The global cybersecurity market size reached USD 203.8 Billion in 2022 and is expected to register a revenue CAGR of 12.2% during the forecast period, according to the latest analysis by Emergen Research. The increasing number of new tools for cyber-attacks and the rapid adoption of Cybersecurity Mesh Architecture (CSMA) by organizations are key factors driving the revenue growth of the market.

The report, Global Cybersecurity Market Research Report and Forecast to 2032, provides a detailed analysis of the global Cybersecurity Market, including market size, market share, current and future trends, and the most recent technological breakthroughs. The research provides information on the regional and global competitive landscape of the Cybersecurity Market, along with a complete prognosis through 2032. The impact of the COVID-19 epidemic on the market for Cybersecurity has been updated in the most recent research. It examines the impact of the epidemic on each region's political and economic systems. It presents a present and projected view of the pandemic's effects on supply chain disruptions and economic volatility.

The purpose of CSMA is to modularize security functions and allow them to communicate with one another via a number of supporting layers, increasing security's composability and scalability. A company can accomplish greater security with fewer resources due to CSMA's ability to make security more unified and collaborative. These factors are expected to drive revenue growth in the market over the forecast period.

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Competitive Landscape:

The latest study provides an insightful analysis of the broad competitive landscape of the global Cyber Security market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers & acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report. The report analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years. Our team of experts has leveraged several powerful analytical tools, such as Porter’s Five Forces analysis and SWOT analysis, to deliver a comprehensive overview of the global Cyber Security market and pinpoint the fundamental growth trends.

The leading market contenders listed in the report are:

IBM Corporation, Cisco Systems, Juniper Networks, CyberArk, Forcepoint, McAfee, Microsoft, F5 Networks, Oracle, and Fortinet

Global Cyber Security Market Highlights:

Regional demand estimation and forecast
Product Mix Matrix
R&D Analysis
Cost-Benefit Analysis
Pre-commodity pricing volatility
Supply chain optimization analysis
Technological updates analysis
Raw Material Sourcing Strategy
Competitive Analysis
Mergers & Acquisitions
Location Quotients Analysis
Carbon Footprint Analysis
Patent Analysis
Vendor Management

Key Parameters Analyzed in This Section:

Company Profiles
Gross Revenue
Profit margins
Product sales trends
Product pricing
Industry Analysis
Sales & distribution channels

Regional Segmentation:

North America
Latin America
Europe
Middle East & Africa
Asia Pacific

Key Points Covered in This Section:

Regional contribution
Estimated revenue generation
Vital data and information about the consumption rate in all the leading regional segments
An expected rise in market share
Forecast growth in the overall consumption rate

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Some Key Highlights From the Report

The service segment accounted for a significant revenue share in the global cybersecurity market in 2022. This can be attributed to rapid increase in threats of cyber-attack across the globe. Major Information Technology (IT) companies are providing various security services in order to provide protection to cyber infrastructure of end-user companies to meet rising demand. This is driving revenue growth of the segment.
The infrastructure protection segment accounted for largest revenue share in 2022. The modern business environment is becoming more digital, along with increasing number of targeted cyberattacks on vital infrastructure and IT systems. Implementing infrastructure security enables businesses to foresee, respond to, and guard against a wide range of threats as well as major incidents impacting critical infrastructure environments.
The Identity and Access Management (IAM) segment is expected to account for largest revenue share over the forecast period, which can be attributed to increasing usage of IAM solutions by IT and security organizations to manage user identities and restrict access to corporate resources.
The Defense & government segment is expected to account for largest revenue share over the forecast period. This can be attribute to increasing number of cyber-attacks aimed at government agencies and public organizations, which has led to rising demand for cybersecurity solutions.
The market in North America is expected to register largest revenue share over the forecast period. Conducive government policies such as Infrastructure Investment and Jobs Act in order to drive investment and strengthen cybersecurity and protect sensitive data.
On 19 December 2022, CrowdStrike expanded its Falcon platform with an addition of an External Attack Surface Management (EASM) module. The service uses a proprietary engine to continuously search the internet to find customers' known and unknown exposed assets, flags and prioritizes the risks, and provides automated remediation step suggestions through the optimizer services.

Market Overview:

The report bifurcates the Cyber Security market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Segments Covered in this report are:

Component Outlook (Revenue, USD Billion; 2019–2032)

Hardware
Software

Solution Outlook (Revenue, USD Billion; 2019–2032)

Threat Intelligence

Identity and Access Management
Security and Vulnerability Management
Risk and Compliance Management
Others (Others include threat intelligence platforms, SIEM, and incident forensics)

Encryption
Data Loss Prevention

Network DLP
Storage/ Data Center DLP
Endpoint DLP

Unified Threat Management
Firewall
Antivirus/ Antimalware
Intrusion Detection Systems/ Intrusion Prevention Systems

Network-based
Host-based
Wireless

Disaster Recovery
Distributed Denial of Service
Web Filtering
Others (Other solutions include application whitelisting and patch management)

Services Outlook (Revenue, USD Billion; 2019–2032)

Professional Services

Design and Integration
Risk and Threat Assessment
Consulting
Training and Education
Support and Maintenance

Managed Security Services

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Key reasons to buy the Global Cyber Security Market report:

The latest report comprehensively studies the global Cyber Security market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
The report offers an insightful analysis of the regional outlook of the market.
It offers a detailed account of the end-use applications of the products services offered by this industry.
The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

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