Global Cybersecurity Market 2021–2025

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However, the marketplace increase is predicted to be confined via way of means of complexity of community infrastructure and better reliance on conventional authentication methods. The worldwide cyber protection marketplace via way of means of kind may be segmented as follows: protection services, infrastructure protection, community protection, identification get right of entry to management, customer protection services, incorporated danger management, records protection, utility protection, cloud protection and different facts protection software.

The worldwide cyber protection marketplace is forecasted to attain US$276.1 billion in 2025, experiencing increase at a CAGR of 7.64% for the duration of the length spanning from 2021 to 2025. Growth withinside the worldwide cyber protection marketplace changed into supported via way of means of elements including surge in cyber crime rate, growing digitalization, upward thrust in cyber protection regulations, evolution of Internet of Things (IoT) devices, upsurge in internet traffic, surge in tech startups, and growing e-trade income.

Highlights

  • In 2020, the dominant proportion of marketplace changed into being held via way of means of North America, accompanied via way of means of Europe and Asia Pacific. Factors including surge in tech startups and growing e-trade income helped in boosting marketplace increase.

  • In 2020, the dominant proportion of world cyber protection marketplace changed into held via way of means of protection services, accompanied via way of means of infrastructure protection. The worldwide cyber protection marketplace via way of means of cease person may be segmented as follows: government, IT & telecom, banking, manufacturing, insurance, transportation, securities and others. The biggest proportion of the marketplace changed into being held via way of means of government, accompanied via way of means of IT & telecom and banking.

The document affords a complete evaluation of the worldwide cyber protection marketplace with capacity effect of COVID-19. The foremost local markets (North America, Europe, Asia Pacific, Latin America and Middle East & Africa) were analyzed. The marketplace dynamics including increase drivers, marketplace tendencies and demanding situations are analyzed in-depth.

Scope of the document

The aggressive panorama of the marketplace, at the side of the organisation profiles of main players (International Business Machines Corporation (IBM), Cisco Systems, Inc., Broadcom Inc., Palo Alto Networks, Inc., McAfee Corp., Check Point Software Technologies Limited) also are supplied in detail.

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