Market Forecast By Product Type (Solutions (Identity & Access Management, Threat Detection & Prevention, DDoS & Mitigation, IDS, Security Information & Event Management And Others) And Services), By End-User Industry (Aerospace & Defense, Healthcare, Manufacturing, Retail, Utility, IT & Telecom And Others), By Deployment (On-Premise And Cloud) And Competitive Landscape
Product Code: ETC037343 | Publication Date: Jan 2021 | Updated Date: Apr 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Rising investment in cyber security, rising demand for cloud security, concern on critical infrastructure security, collaborations and partnerships, and focus on threat intelligence as well as a response are some of the latest developments of the Australia Cyber Security Market. The government of the nation is investing in cyber security in order to improve its defence from cyber threats. For instance, in August 2021, the country’s government announced an investment of $1.67 billion over the coming ten years in order to strengthen the cyber security defences of the nation. There has been a rising demand for cloud security solutions in the country with the rising adoption of cloud computing. The government is also focusing on protecting essential infrastructure from cyber-attacks. A number of organizations in the nation are focusing on threat intelligence and response to detect and respond rapidly to cyber threats. There is a rising demand for security information and event management solutions in Australia.
A number of organizations in the country are collaborating with each other as well as with cyber security vendors with the growing sophistication and complexity of cyber threats in order to enhance their security posture and share threat intelligence. These are some factors contributing to the Australia Cyber Security Market Growth.
Australia cyber security market is anticipated to register superior growth in the coming time zone on the back of an increase in the conversion towards true digital transformation which is leading to a rise in the development of whole new business models around the digital platform and is leading to an increase in the growth of the improvised business landscapes which is expected to be a pioneer in the overall growth and development of digitalization. Additionally, this is leading to an increased demand for state of art technological upgradations to be adopted on the face of not only the most ancillary towards the accomplishment of business goals but also towards building a technology-driven and growth-oriented mission towards the accomplishment of long-term as well as short term business goals and is expected to bring in bountiful opportunities for the makers of the cyber security and web protection software makers to achieve superstitious business growth opportunities in the forthcoming years and enjoy a growth-oriented business landscape in the near future.
According to 6Wresearch, the Australia Cyber Security Market size is anticipated to register growth during 2020-2026. The outbreak of the global COVID-19 pandemic has no doubt, led to disruptions in the economy globally and has impacted various sectors globally also. The industrial sector has been highly impacted as a result of disruptions in the production cycle as a result of nationwide lockdown imposed over in the developed and developing economies across the world, as the Regions ramp up to win the bid to combat the spread of the novel coronavirus. The advent of the digital world has led to an increase in the demand for data and as a result, has imposed pressure on the installation of superior software-based security infrastructure to align the supply chain with the rising demand in the economy. This is expected to bring in bountiful opportunities for the Australia cyber security market to witness a spur in the coming year 2021 and is anticipated to leave a positive impact on the overall market growth of the Australia cyber security market in the next five to ten years.
Additionally, the potential of cyber security in catalyzing the digital business platform against digital adverse threats for organizations which can later on turn out towards creating a business malware suffering situation has been turned out as a positive aspect for the increased growth and successful integration of the software product and as a result, is expected to contribute towards the success of the global asset performance management market in the forthcoming years.
Further, an acceleration in the digital transition platforms is leading to an increase in the increased use of digital platforms which tend to outperform a business application and is proving evident for the long-term success and globalized connectivity approach for businesses with customers. But, along with this increased adoption, it is also leading to a rise in digital threats which are continuously evolving and intensifying leading to phishing of customers, site spoofing and impersonating business landscape and leading to a rise in the wreaking of havoc amongst the digital business lives as a result of being weaponized by attackers and hence, is leading to an increase in the deployment Cyber security which is no doubt, expected to be a growth proliferating factor for the superstitious growth of the global Cyber security market in the coming timeframe.
The Australia Cyber security market report thoroughly covers the market by Product, End-user Industry, Deployment Mode and key Regions. The Australia Cyber security market outlook report provides an unbiased and detailed analysis of the ongoing Australian Cyber security market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
some of the major companies operating in the Australia Cyber Security Industry are:
These players offer a range of cyber security solutions as well as services, like endpoint security, network security, cloud security, managed security services, threat intelligence, and more. They cater to a diverse range of industries, which also include government, banking as well as finance, retail, healthcare, and manufacturing. These companies have been investing heavily in research and development to bring innovative cyber security solutions to the sector.
The Australia Cyber Security Market report provides a detailed analysis of the following market segments:
By End-user industry:
By Deployment Mode:
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Australia Cyber Security Market Overview |
3.1. Australia Cyber Security Market Revenues, 2016-2026F |
3.2. Australia Cyber Security Market Revenue Share, By Product Type, 2019 & 2026F |
3.3. Australia Cyber Security Market Revenue Share, By End-user Industry, 2019 & 2026F |
3.4. Australia Cyber Security Market Revenue Share, By Deployment Mode, 2019 & 2026F |
3.5. Australia Cyber Security Market Revenue Share, By Countries, 2019 & 2026F |
3.6. Australia Cyber Security Market Industry Life Cycle |
3.7. Australia Cyber Security Market- Porter’s Five Forces |
4. Australia Cyber Security Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Australia Cyber Security Market Trends |
6. Australia Cyber Security Market Overview, By Product Type |
6.1. Australia Cyber Security Market Revenues, By Solutions, 2016-2026F |
6.1.1. Australia Cyber Security Market Revenues, By Identity & Access Management, 2016-2026F |
6.1.2. Australia Cyber Security Market Revenues, By Threat Detection & Prevention, 2016-2026F |
6.1.3. Australia Cyber Security Market Revenues, By DDoS & Mitigation, 2016-2026F |
6.1.4. Australia Cyber Security Market Revenues, By IDS, 2016-2026F |
6.1.5. Australia Cyber Security Market Revenues, By Security Information & Event Management, 2016-2026F |
6.1.6. Australia Cyber Security Market Revenues, By Others, 2016-2026F |
6.2. Australia Cyber Security Market Revenues, By Services, 2016-2026F |
7. Australia Cyber Security Market Overview, By End-user Industry |
7.1. Australia Cyber Security Market Revenues, By Retail, 2016-2026F |
7.2. Australia Cyber Security Market Revenues, By Aerospace & Defense, 2016-2026F |
7.3. Australia Cyber Security Market Revenues, By Healthcare, 2016-2026F |
7.4. Australia Cyber Security Market Revenues, By IT & Telecom, 2016-2026F |
7.5. Australia Cyber Security Market Revenues, By Utility, 2016-2026F |
7.6. Australia Cyber Security Market Revenues, By Manufacturing, 2016-2026F |
7.7. Australia Cyber Security Market Revenues, By Others, 2016-2026F |
8. Australia Cyber Security Market Overview, By Deployment Mode |
8.1. Australia Cyber Security Market Revenues, By On-premises, 2016-2026F |
8.2. Australia Cyber Security Market Revenues, By Cloud, 2016-2026F |
9. Australia Cyber Security Market Competitive Landscape |
9.1. Australia Cyber Security Market, By Companies, 2019 |
10. Company Profiles |
11. Key Strategic Recommendations |