Cyber Security Market Global Trends, Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

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.

Major Players

·         Broadcom (Symantec Corporation)

·         Cisco Systems, Inc.

·         Check Point Software Technology Ltd.

·         IBM

·         McAfee, LLC

·         Palo Alto Networks, Inc.

·         Trend Micro Incorporated

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A full report of Global Cyber Security Market is available at: https://www.orionmarketreports.com/cybersecurity-service-market/35333/

The following Segmentation are covered in this report:

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

The report covers the following objectives:

·         Proliferation and maturation of trade in the global Cyber Security Market.

·         The market share of the global Cyber Security Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.

·         Current and future market trends that are influencing the growth opportunities and growth rate of the global Cyber Security Market.

·         Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Cyber Security Market.

(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)