The global cyber security market size was valued at USD 167.13 billion in 2020 and is expected to register a CAGR of 10.9% from 2021 to 2028. The growth of the market can be attributed to the growing sophistication of cyberattacks. The frequency and intensity of cyber scams and crimes have increased over the last decade, resulting in huge losses for businesses. As incidents of cybercrimes increased significantly, businesses worldwide channeled their spending on advanced information security technologies to strengthen their in-house security infrastructure.
A full report of Cyber Security Market available at: https://www.orionmarketreports.com/cybersecurity-service-market/35333/
Major Players
• Broadcom (Symantec Corporation)
• Cisco Systems, Inc.
• Check Point Software Technology Ltd.
• IBM
• McAfee, LLC
• Palo Alto Networks, Inc.
• Trend Micro Incorporated
Cyber Security Market- Segmentation
On the basis of component
• Hardware
• Software
• Services
On the basis of Software
• APT
• Threat Intelligence Platform
• SIEM
• Security and Vulnerability Management
• Network Access Control
• Antivirus/Antimalware
• Firewall
• Secure Web Gateway
• SOAR
• IAM
• Encryption
• Disaster Recovery
• IDS/IPS
• Risk and Compliance Management
• Others
On the basis of Security type
• Network security
• Endpoint security
• Application security
• Cloud security
• Others
On the basis of deployment type
• Cloud
• On-Premises
On the basis of organization size
• Large Enterprise
• SMEs
On the basis of verticals
• Aerospace and Defense
• Government
• BFSI
• IT
• Healthcare
• Retail
• Manufacturing
• Energy and Utilities
• Telecommunications
• Media and Entertainment
• Others
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
