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Cyber Security Market Share

Report ID: GMI3078
Published Date: Nov 2022
Report Format: PDF

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Cyber Security Market Share

The cyber security market comprises several prominent enterprises:

BAE Systems Inc
Cisco Systems Inc
Dell Technologies Inc
Palo Alto Networks Inc
DXC Technology Company
F5 Inc
Fortinet Inc
IBM Corporation
Intel Corporation
Microsoft Corporation
Oracle Corporation

These firms are developing advanced cybersecurity solutions through collaboration to extend their consumer reach. For instance, in March 2022, ConnectWise, a software provider, partnered with tech leader Intel to improve cyber security by incorporating Intel's TDT technology in its remote monitoring and management software, which enables it to recognize and address security incidents.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market for cyber security was valued at USD 200 billion in 2022 and is expected to witness 15% CAGR from 2023 to 2032 impelled by mounting internet access across the globe.

The vulnerability assessment infrastructure protection segment held over 20% market share in 2022 and is estimated to witness sturdy growth as companies are opting for regular vulnerability assessments to safeguard IT assets, keep up with the environment's weaknesses, and react promptly to any attacks.

The Asia Pacific cybersecurity industry is projected to grow at over 20% CAGR through 2032 owing to the rapid industrial digitalization across the region.

The industry consists of renowned technology companies such as BAE Systems, Inc., Cisco Systems, Inc., Dell Technologies Inc., Palo Alto Networks, Inc., DXC Technology Company, F5, Inc., Fortinet, Inc., IBM Corporation, Intel Corporation, Microsoft Corporation, Oracle Corporation, and others.