The global market for cybersecurity technologies was valued at $208.1 billion in 2023. The market is expected to grow from $229.3 billion in 2024 to $396.8 billion by the end of 2029, at a compound annual growth rate, or CAGR, of 11.6% from 2024 to 2029.
The network security segment of the global cybersecurity market is expected to grow from $83.3 billion in 2024 to $142.5 billion by the end of 2029, at a CAGR of 11.3% from 2024 to 2029.
The cloud security segment of the global cybersecurity market is expected to grow from $29.1 billion in 2024 to $56.6 billion by the end of 2029, at a CAGR of 14.2% from 2024 to 2029.
Report Scope:
This report provides an overview of the global cybersecurity market. It includes base year data from 2023 and projected data from 2024 to 2029. The report analyzes the global market revenue ($ billions) by segment (security type, solution type, deployment mode, organization size, end-user industry) and region (North America, Europe, Asia-Pacific, and Rest of the World).
The report examines the trends and challenges driving the market and the companies operating in it. It analyzes environmental, social and corporate governance (ESG) developments, patents and new technologies, as well as funding for startups. The report also examines the competitive landscape and provides profiles of leading companies as well as interesting startups.
Report Includes:
76 data tables and 71 additional tables
Analyses of trends in the global market for cybersecurity technologies, with market revenue data from 2023, estimates for 2024, forecasts for 2025 and 2028, and projected CAGRs through 2029
Estimate of the current market size and revenue prospects, along with a market share analysis based on solution type, security type, deployment type, organization size, end-user industry and region
Facts and figures pertaining to the market dynamics, current and emerging technologies and the expected impact of macroeconomic factors
Insights into the market through the Porter's Five Forces model, value chain and supply chain analyses, and case studies
Overview of sustainability and ESG trends, with a focus on consumer attitudes, companies' ESG score rankings and their ESG practices
A review of patent activity and key patent grants
An analysis of the industry structure, including companies' market shares, merger and acquisition activity and venture funding
Profiles of the leading companies, including Cisco Systems Inc., IBM, Microsoft Corp., Accenture and Palo Alto Networks Inc.
Table of Contents
Chapter 1 Executive Summary
Market Outlook
Scope of Report
Market Summary
Chapter 2 Market Overview
Current and Future Market Overview
Macroeconomic Factors Analysis
Geopolitical Tensions and Cyber Warfare
Economic Uncertainty and Recessions
Cybersecurity Regulation
Porter's Five Forces Analysis
Chapter 3 Market Dynamics
Overview
Market Drivers
Increase in Ransomware and Target-Based Cyberattacks
Growing Digital Transformation Initiatives
Online Financial Transactions
Adoption of E-Commerce and E-Governance
Market Challenges
Increased Use of Pirated Products Leads to Data Theft
Lack of Cybersecurity Experts
Budget Constraints in Small and Medium Enterprises
Market Opportunities
Use of AI and ML for Incident Response
Demand for Industrial Robots
Growing Adoption of Managed Security Services
Chapter 4 Emerging Technologies and Developments
Overview
Emerging Technologies and Market Trends
Blockchain
Cloud Encryption
Defensive AI
Cyber Insurance
Patent Analysis
Key Findings
Chapter 5 Market Segmentation Analysis
Segmentation Breakdown
Cybersecurity Market, by Security Type
Network Security
Endpoint Security
Application Security
Cloud Security
Other Cybersecurity Types
Cybersecurity Market, by Solution Type
Antivirus and Antimalware
Encryption and Tokenization
Risk and Compliance Management
Identity and Access Management
Firewalls
Other Cybersecurity Solutions
Cybersecurity Market, by Deployment Mode
Cloud-Based
On-Premises
Cybersecurity Market, by Organization Size
Large Enterprises
Small and Medium-sized Enterprises (SMEs)
Cybersecurity Market, by End-User Industry
Defense and Aerospace
BFSI
Information Technology and Telecom
Government
Retail
Healthcare
Other End-user Industries
Geographic Breakdown
Cybersecurity Market, by Region
North America
Europe
Asia-Pacific
Rest of the World
Chapter 6 Competitive Intelligence
Market Share Analysis
Strategic Analysis
Funding of Startups in the Cybersecurity Industry
Chapter 7 Sustainability in the Cybersecurity Arena: An ESG Perspective