Global Cyber Security Market (2020-2026) | Size, Outlook, Share, Analysis, Revenue, Growth, Value, Forecast, Trends, COVID-19 IMPACT, Industry & Companies

The growing crime rate, incidents of data thefts, growth of public infrastructure, rising IT spending, government initiatives, as well as increasing security spending are boosting the growth of the global cyber security market. Additionally, the requirement for strict adherence to regulatory norms, the evolution of artificial intelligence in the industrial context together with the need for combatting rising instances of cyber-attacks would drive the demand for the cybersecurity market over the coming years.

According to 6Wresearch, the Global Cyber Security Market size is expected to grow rapidly during 2020-2026. North America currently holds the largest market share in the cybersecurity market and is expected to maintain its dominance in the forecast period due to the growth of E-commerce platforms and national security concerns. Europe market is expected to register high growth in the cybersecurity market over the forecast period owing to the growing developments in Artificial intelligence and increasing penetration of the Internet of Things (IoT) in the region.

Based on components, the services segment is anticipated to grow significantly on the back of the rapid implementation of cloud-based services to manage the integral infrastructure of companies. Also, cloud deployment mode is gaining popularity on account of its low maintenance requirements and data increasingly being stored on cloud platforms. Based on Offerings, Identity and Access Management is the leading segment in terms of market share, and the growing culture of ‘Bring Your Own Device’ and ‘Internet of Things' is likely to propel further growth of the segment.

The global cyber security market report systematically covers the market by components, offerings, deployments, verticals, regions including Asia Pacific, North America, Latin America, Middle East, and Africa, and Europe and key countries. The global cyber security market outlook provides an unbiased and detailed analysis of the on-going global 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.

The Global cyber security market is expected to register sound revenue growth in the coming years backed by the rising need for security and safety in the developed and developing economies across the globe. The rising number of cybercrimes whereby, false use of the user’s personal information is made and poses a threat to his privacy. These rising threats are posing a substantial demand for cybersecurity and is expected to assist the global cybersecurity market garner potential revenues in the coming years. Further, the unaffordability of businesses regarding data breaches is another driving factor for the potential growth of the Global cybersecurity market and is expected to assist potential market growth in the coming years. 

Global Cybersecurity market is anticipated to register sound revenues in the upcoming six years on the back of the rising cyberattacks and data breaching practices. Additionally, on the basis of region, Europe Cybersecurity Market is projected to gain momentum in the forthcoming years backed by the rising growth of online start-up businesses across the region such as online grocery sales and online coaching whereby the outbreak of the global COVID-19 has been playing a crucial role in scaling up the growth of online businesses as the entire population maintain social distancing while performing their essential activities at times of coronavirus pandemic and this is increasing online activities. As a result, the increase in the online business landscapes is not only into profit deals, but their sales platform is also exposed to malfunctioning and as a result, require cybersecurity solutions to ensures safe transaction during online grocery sales and is expected to propel the significant demand for cybersecurity solutions in the coming years in the European countries and would benefit the massive growth of the entire Europe Cybersecurity Market in the forthcoming years and would benefit the growth of the overall Global cybersecurity market in the impending period.

The global cybersecurity market is estimated to witness substantial growth throughout the forecast period 2020-26F backed by the rising e-commerce platform at a starry rate. On the basis of the region, the Asia Pacific cybersecurity market is expected to mark its presence in the market owing to country-wise, the Indian facility management market is estimated to strengthen the growth of the market in the coming years underpinned by the rising evolution of the corporate sector especially in Bangalore, Hyderabad, and Mumbai which are registered as commercial hubs. With the increase of skilled manpower along with the rising IT outsourcing service in the country, the growth of facility management is expected to gain popularity in commercial offices especially to ensure enormous business productivity, as a result, these factors would act as a catalyst for the growth of Asia Pacific facility management market, as a result, is estimated to bolster the growth of cybersecurity market globally.

Key Highlights of the Report:                         

• Global Cyber Security Market Overview
• Global Cyber Security Market Outlook
• Global Cyber Security Market Forecast
• Historical Data of Global Cyber Security Market Revenues, for the Period 2016-2019
• Global Cyber Security Market Size and Global Cyber Security Market Forecast of Revenues, Until 2026
• Historical Data of Global Cyber Security Market Revenues, By Components, for the Period 2016-2019
• Market Size & Forecast of Global Cyber Security Market Revenues, By Components, Until 2026
• Historical Data of Global Cyber Security Market Revenues, By Offerings, for the Period 2016-2019
• Market Size & Forecast of Global Cyber Security Market Revenues, By Offerings, Until 2026
• Historical Data of Global Cyber Security Market Revenues, By Deployment Types, for the Period 2016-2019
• Market Size & Forecast of Global Cyber Security Market Revenues, By Deployment Types, Until 2026
• Historical Data of Global Cyber Security Market Revenues, By Verticals, for the Period 2016-2019
• Market Size & Forecast of Global Cyber Security Market Revenues, By Verticals, Until 2026
• Historical Data of North America Cyber Security Market Revenues, for the Period 2016-2019
• Market Size & Forecast of North America Cyber Security Market Revenues, Until 2026
• Historical Data of Europe Cyber Security Market Revenues, for the Period 2016-2019
• Market Size & Forecast of Europe Cyber Security Market Revenues, Until 2026
• Historical Data of Asia-Pacific Cyber Security Market Revenues, for the Period 2016-2019
• Market Size & Forecast of Asia-Pacific Cyber Security Market Revenues, Until 2026
• Historical Data of Latin America Cyber Security Market Revenues, for the Period 2016-2019
• Market Size & Forecast of Latin America Cyber Security Market Revenues, Until 2026
• Historical Data of the Middle East and Africa Cyber Security Market Revenues, for the Period 2016-2019
• Market Size & Forecast of the Middle East and Africa Cyber Security Market Revenues, Until 2026
• Market Drivers and Restraints
• Global Cyber Security Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Global Cyber Security Market Share, By Players
• Global Cyber Security Market Share, By Regions
• Global Cyber Security Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The Global Cyber Security Market report provides a detailed analysis of the following market segments:

• By Components
• Solutions
• Services
  
  
• By Offerings
• Identity and Access Management
• Infrastructure Security
• Governance, Risk, and Compliance
• Unified Vulnerability Management Service
• Data Security and Privacy Service
• Other
  
  
• By Deployments
• Cloud
• On-Premises
  
  
• By Verticals
• Aerospace and Defense
• BFSI (Banking Finance Services and Insurance)
• Retail
• Healthcare and Hospitality
• IT and Telecom
• Energy and Utilities
• Manufacturing
• Commercial Offices
• Others
  
  
• By Regions
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
• By Key Countries

Other Key Reports Available:

• North America Cyber Security Market Report
• Europe Cyber Security Market Report
• Asia Pacific Cyber Security Market Report
• Latin America Cyber Security Market Report
• The Middle East & Africa Cyber Security Market Report

Frequently Asked Questions About the Market Study (FAQs):