Cybersecurity Market by Solution Type (IAM, Firewall & VPN, Log Management & SIEM, Antivirus/Antimalware), Service (Professional (Risk & Threat Assessment, Training & Education), Managed), Security Type (Cloud, Application) - Global Forecast to 2030
The global cybersecurity market size is projected to grow from USD 227.59 billion in 2025 to USD 351.92 billion by 2030 at a Compound Annual Growth Rate (CAGR) of 9.1% during the forecast period. The growing adoption of IoT devices across industries has significantly expanded the attack surface, creating new vulnerabilities that require automated and scalable cybersecurity solutions. As connected devices proliferate in sectors like healthcare, manufacturing, and smart cities, organizations are increasingly seeking intelligent threat detection, real-time monitoring, and automated response capabilities to safeguard critical assets. At the same time, the rising stringency of government regulations and industry-specific compliance requirements, such as GDPR, HIPAA, and data localization laws, is pushing companies to adopt comprehensive security frameworks. Together, these trends are accelerating demand for advanced cybersecurity technologies and services.
Scope of the Report
Years Considered for the Study
2019-2030
Base Year
2024
Forecast Period
2025-2030
Units Considered
(USD) Million/Billion
Segments
Offering, Solution Type, Security Type, Deployment Mode, Organization Size, Vertical, and Region
Regions covered
North America, Europe, Asia Pacific, Middle East & Africa, Latin America
"By deployment mode, the cloud segment is expected to grow at the highest CAGR during the forecast period."
The cloud deployment segment is witnessing rapid growth in the cybersecurity market as organizations increasingly migrate workloads to cloud-native and hybrid environments. Enterprises are prioritizing flexible, scalable security solutions that can safeguard data and applications across multi-cloud infrastructures. The rise of remote work, SaaS adoption, and DevOps practices has further amplified the need for cloud-based threat protection, workload security, and identity management. Leading cybersecurity providers such as Microsoft, Palo Alto Networks, and Zscaler are expanding their cloud security offerings with Zero Trust, Secure Access Service Edge (SASE), and Cloud Security Posture Management (CSPM) solutions to address evolving threat vectors. In sectors such as healthcare and BFSI, regulatory compliance and secure data storage are driving demand for encrypted, policy-driven cloud security frameworks. With growing concerns over cloud misconfigurations, access control, and insider threats, organizations are integrating cloud-native security tools into their architecture to ensure visibility, automation, and threat response across dynamic IT environments.
"The US is expected to hold the largest market share of the North American region during the forecast period."
The US continues to lead the North American cybersecurity market due to its advanced digital infrastructure, high frequency of cyberattacks, and strong government and enterprise-level security initiatives. The country has seen a sharp rise in ransomware, supply chain, and critical infrastructure attacks, prompting both public and private sectors to enhance their cyber defense capabilities. Federal initiatives like the National Cybersecurity Strategy, CISA's ongoing resilience programs, and executive orders on improving software supply chain security are shaping a more coordinated national approach. Additionally, sectors such as healthcare, energy, finance, and defense are rapidly investing in next-generation security solutions, including Zero Trust architectures, Extended Detection and Response (XDR), and AI-powered threat analytics. Major US-based cybersecurity vendors such as CrowdStrike, Palo Alto Networks, Fortinet, and IBM Security are spearheading innovations and partnerships to deliver robust protection. With growing regulatory compliance mandates and cyber insurance requirements, the US remains the central hub of cybersecurity innovation and investment.
Breakdown of primaries
The study contains insights from various industry experts, from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:
By Company Type: Tier 1 - 35%, Tier 2 - 45%, and Tier 3 - 20%
By Designation: Managerial and Other Levels- 60%, C-Level - 40%
By Region: North America - 35%, Europe - 20%, Asia Pacific - 20%, Middle East & Africa - 20%, Latin America - 5%
Major vendors in the global cybersecurity market include IBM (US), Cisco (US), Microsoft (US), Palo Alto Networks (US), Fortinet (US), Check Point (Israel), Trellix (US), Trend Micro (Japan), Rapid7 (US), Google (US), Cloudflare (US), Proofpoint (US), F5 (US), Gen Digital (US), CrowdStrike (US), CY4GATE (Italy), Broadcom (US), SentinelOne (US), OpenText (Canada), Accenture (Ireland), CyberArk (US), Zscaler (US), NETSCOUT (US), Dell Technologies (US), Netskope (US), Okta (US), Akamai (US), HPE (US), Atos (France), AWS (US), Oracle (US), Commvault (US), Zebra Technologies (US), F Secure (Finland), Imperva (US), Teledyne FLIR (US), Allegion (US), Arista (US), Databricks (US), Snowflake (US), Qualys (US), Forcepoint (US), McAfee (US), Sophos (UK), Nozomi Networks (US), Illumio (US), Seclore (US), Varonis (US), Tenable (US), Yubico (US), Fastly (US), and Trustwave (US).
The study includes an in-depth competitive analysis of the key players in the cybersecurity market, their company profiles, recent developments, and key market strategies.
Research Coverage
The report segments the cybersecurity market and forecasts its size by Offering (Solution and Service), Solution Type (Identity & Access Management (IAM), Antivirus/Antimalware, Log Management & SIEM Firewall & VPN, DLP, Encryption & Tokenization, Compliance & Policy Management, Patch Management, Other Solution Types (Data Backup & Recovery, Asset Identification & Visibility, Cloud Security Posture Management (CSPM), Network Access Control (NAC), DDOS Mitigation, API Security, and Others)), Deployment Mode (On-premises, Cloud, and Hybrid), Organization Size (Large Enterprises and SMEs), and Vertical (Government, Banking, Financial Services, and Insurance (BFSI), IT & ITeS, Healthcare & Life Sciences, Aerospace & Defense, Retail & e-Commerce, Manufacturing, Energy & Utilities, Telecommunications, Transportation & Logistics, Media & Entertainment, Other Verticals (Education, Construction, Real Estate, and Travel & Hospitality)).
The study also includes an in-depth competitive analysis of the key market players, their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key Benefits of Buying the Report
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall cybersecurity market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights into the following pointers:
Analysis of key drivers (increased target-based cyberattacks drawing operational disruptions, Rise in need for protecting business assets from growing threats, Cybersecurity Mesh Architecture (CSMA) facilitating security infrastructure, rise in IoT trends and need for automated cybersecurity, and demand for ensuring compliance with government regulations and requirements), restraints (lack of skilled professionals, and high implementation and maintenance costs), opportunities (adoption of cloud-based cybersecurity solutions among SMEs, growth in adoption of digital applications leading to increased cyber risks, and implementation of AI revolutionizing incident response), and challenges (challenges in deploying and implementing cybersecurity design solutions, diverse nature of sophisticated threats, complexities of vendor overload and diversity of technologies, rising complexities of advanced threats)
Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and product & service launches in the cybersecurity market
Market Development: Comprehensive information about lucrative markets (the report analyses the cybersecurity market across varied regions)
Market Diversification: Exhaustive information about products & services, untapped geographies, recent developments, and investments in the cybersecurity market
Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players, including Trellix (US), Trend Micro (Japan), Rapid7 (US), SentinelOne (US), Open Text (Canada)
TABLE OF CONTENTS
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKET SEGMENTATION
1.3.2 INCLUSIONS AND EXCLUSIONS
1.4 YEARS CONSIDERED
1.5 CURRENCY CONSIDERED
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.2 PRIMARY DATA
2.1.2.1 Breakup of primary profiles
2.1.2.2 Key insights from industry experts
2.2 MARKET SIZE ESTIMATION
2.2.1 TOP-DOWN APPROACH
2.2.2 BOTTOM-UP APPROACH
2.3 DATA TRIANGULATION
2.4 MARKET FORECAST
2.5 RESEARCH ASSUMPTIONS
2.6 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN CYBERSECURITY MARKET
4.2 CYBERSECURITY MARKET, BY OFFERING
4.3 CYBERSECURITY MARKET, BY SOLUTION
4.4 CYBERSECURITY MARKET, BY SOLUTION TYPE
4.5 CYBERSECURITY MARKET, BY SERVICE
4.6 CYBERSECURITY MARKET, BY PROFESSIONAL SERVICE
4.7 CYBERSECURITY MARKET, BY SECURITY TYPE
4.8 CYBERSECURITY MARKET, BY DEPLOYMENT MODE
4.9 CYBERSECURITY MARKET, BY ORGANIZATION SIZE
4.10 CYBERSECURITY MARKET, BY VERTICAL
4.11 MARKET INVESTMENT SCENARIO
5 MARKET OVERVIEW AND INDUSTRY TRENDS
5.1 INTRODUCTION
5.2 EVOLUTION OF CYBERSECURITY
5.2.1 INTRODUCTION
5.2.2 HISTORICAL MILESTONES
5.2.2.1 Early beginning and concept of cyber threats (1971)
5.2.2.2 Rise of malicious software and response (1980-1990)
5.2.2.3 Government involvement and regulatory frameworks (2002)
5.2.2.4 Hacktivism and political cyber threats (2003)
5.2.2.5 Industrial espionage and large-scale cyberattacks (2009-2010)
5.2.2.6 Era of ransomware and advanced persistent threats (recent years)
5.2.2.7 Regulatory measures and data protection
5.2.2.8 Remote work and expansion of cybersecurity boundaries