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Cyber Security Market Size

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

Cyber Security Industry Analysis

Cyber Security Market size exceeded USD 200 billion in 2022 and is estimated to grow at over 15% CAGR from 2023 to 2032 driven by mounting internet access across the globe. Increasing consumer inclination toward mobile and wireless gadgets is anticipated to benefit the industry growth. The increasing use of 5G technology and soaring demand for IoT devices are projected to bolster market progress. These modern technologies are more vulnerable to attacks and hence, require high levels of network security. As the global connectivity infrastructure advances quickly, businesses and consumers are embracing smart gadgets. Furthermore, the demand for cybersecurity solutions is rising with the booming digital transformation across varied industries.


Global Cyber security Market

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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.

Cyber Security Market Scope

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Access to only 1 person; cannot be shared; cannot be printed
Access for 2 to 5 users only within same department of one company
Access to a company wide audience; includes subsidiary companies or other companies within a group of companies

Premium Report Details

  • Base Year: 2022
  • Companies covered: 28
  • Tables & Figures: 695
  • Countries covered: 31
  • Pages: 450
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