Outlook for Global Cybersecurity Market to 2027

    TRAVEL, November 7, 2022 /PRNewswire/ — Report “Global Cybersecurity Market by Enterprise Size, Deployment Level, Type, Industry, Region, Competitive Forecast & Opportunities, 2027” be added’s offer for sale.

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    Global Cybersecurity Market Valued 29.06 billion USD in 2021 and is projected to grow strongly during the forecast period at a CAGR of 12.23% due to the shift towards cloud-based services and data concerns, leading to an increase in growth of the global cybersecurity market.

    Cybersecurity is a set of technologies that protect the usability and integrity of a company’s infrastructure by preventing the entry or growth of potential threats and viruses in a network. .

    Emerging Trends Bring Your Own Device (BYOD) Drive Market Growth

    Organizations and corporations can increase productivity, creativity, cost savings, mobility and employee satisfaction by adopting Bring Your Own Device (BYOD). As a result, employees are encouraged to use their personal devices, such as mobile phones and tablets, at work, as part of their IT policy.

    This phenomenon allows employees to gain access to confidential company applications and information, which requires accurate and real-time data synchronization, driving the need and demand for deployment. mobile middleware in mobile applications.

    However, there has been an increase in the possibility of cybercriminals stealing mobile devices to access intellectual property. Various security solutions, including firewalls and VPNs, are deployed to reduce network security threats, and employees are required to complete mandatory security training.

    The main purpose of employee education is to communicate to them that security concerns are undermining the company and that by following the policy they can improve their own safety while also supporting them. help prevent potential data breaches that could endanger the organization. Furthermore, BYOD is driving demand for network security, which is expected to increase in the future.

    Combining Internet of Things (IoT) with Cybersecurity

    Any connected IoT device that lacks rigorous security can be compromised and can be operated by an unauthorized person to collect user data. IoT security is defined as a defense strategy and defense mechanism that directly protects network-linked IoT devices from cyber threats and is intentionally created as a set of activities. Predefined. As a result, operations and security teams must integrate IoT security into their routines and practices to ensure that these unmanaged devices have the same level of visibility and control as other non-managed devices. managed.

    Concerns about data integrity

    Data integrity refers to the accuracy and consistency of data throughout its lifespan. Since compromised or altered data is of no benefit to the company, and the loss of sensitive data can pose a threat to the organization, network security becomes a necessity when working in the industry. digitally connected environment. Implementing network security can prevent unauthorized access and malicious code that can breach information.

    Growing Investment in Cybersecurity Supports Market Growth

    Business leaders are seeing online security as a strategic goal to deal with changing vulnerabilities and threats and the growing need to build trust to stay competitive. . It is now better understood that online security is not the latest idea driven by compliance but must be an integral part of a company’s organization and processes if a business is to survive. at and stay competitive. As a result, a large investment in cybersecurity has been recorded over the past decade and this investment is likely to increase in the coming future.

    Market Segment

    The Global Cybersecurity Market is segmented on the basis of Enterprise Size, Deployment, Type, Industry, Region and by Company. Based on Enterprise Size, the market is segmented into Large Enterprises and Small and Medium Enterprises. Based on deployment, the market is segmented into On-premise and Cloud. Based on Type, the market is segmented into Firewalls, Anti-Virus & Anti-Malware, Intrusion Prevention Systems, VPNs, Wireless Security and others.

    In addition, market segmentation for Service Industry is done into BFSI, IT & Telecommunication, Retail, Healthcare, Government, Manufacturing and others. Market analysis also studies the segmented region. Asia Pacific Cybersecurity Market Stands in USD 5.66 billion in 2021 and is expected to grow at a CAGR of 13.65% during the forecast period.

    Asia Pacific this region includes some of the countries with the most solid and developing infrastructure, such as China, Japan, India, south Korea, Australia and Singapore. The US cybersecurity market stands at 6.80 billion USD in 2021 and is projected to grow at a CAGR of 11.75% during the forecast period.

    company profile

    Palo Alto Networks Inc., Cisco Systems Inc., NortonLifeLock Inc., AT&T, Check Point Software Technologies Ltd., McAfee LLC, IBM Corporation, FireEye, Trend Micro Inc., CrowdStrike Holdings Inc are the major players in the security market Global network .

    Main topics covered:

    1. Service Overview

    2. Research Methods

    3. Executive Summary

    4. Customer Feedback
    4.1. Brand awareness
    4.2. Key factors influencing cybersecurity investment
    4.3. Type of Subscription Agreement Terms Opt-in Cybersecurity
    4.4. Customer satisfaction

    5. Global Cybersecurity Market Outlook
    5.1. Market Size & Forecast
    5.1.1. by value
    5.2. Market Share & Forecast
    5.2.1. By enterprise size (Large Enterprise, SMEs)
    5.2.2. By Deployment (On-Premise, Cloud)
    5.2.3. By type (Firewall, Anti-Virus & Anti-Malware, Intrusion Prevention System, VPN, Wireless Security, Other)
    5.2.4. By Industry (BFSI, IT & Telecom, Retail, Healthcare, Government, Manufacturing, Other)
    5.2.5. By region (North America, Europe, Asia Pacific, Middle East and Africa, South America)
    5.3. Market map (Business size, deployment, type, industry, region)

    6. North American Cybersecurity Market Outlook

    7. Europe Global Cybersecurity Market Outlook

    8. Asia Pacific Cybersecurity Market Outlook

    9. Middle East and Africa Cybersecurity Market Outlook

    10. South American Cybersecurity Market Outlook

    11. Market dynamics
    11.1. drivers
    11.2. challenges

    12. Market trends and developments

    13. Policy & Regulatory Context

    14. Impact of COVID-19 on the global cybersecurity market

    15. Company Profile
    15.1. Palo Alto . Network
    15.2. Cisco Systems Corporation
    15.3. Norton LifeLock Inc.
    15.4. AT&T
    15.5. Check Point Software Technology Co., Ltd
    15.6. McAfee Co., Ltd
    15.7. IBM Corporation
    15.8. Fiery eyes
    15.9. Trend Micro Company
    15.10. CrowdStrike Holdings Inc

    16. Strategic Recommendations

    17. About Publisher & Disclaimer

    For more information on this report, visit

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