Among regions, North America is expected to hold the largest portion in the global Cyber Security Market share owing to the rise in the number of security breaches in the upper corporate tranches and growing dependency on the internet. Furthermore, the development of e-commerce platforms is pushing up the demand for Cyber Security solutions.
Steadily climbing the number of internet users in India will propel the market in Asia-Pacific in the forecast period. Additionally, India is expected to witness a rising prevalence of cyberattacks in the near future, which is good news for the global Cyber Security Market.
The primary drivers in the market in Europe are a proliferation of information and technology (ICT) in the fields of aerospace and defense along with rising investment in Cyber Security measures by public and private sectors in the region.
Creation of Innovative Products to Intensify Competition
Major players in the global Cyber Security Market are looking to gain a competitive edge through different innovations. For example, in 2018, IBM unveiled its cloud security platform, IBM Security Connect, that has been designed to improve response effectivity to cyberattacks by bringing developers, vendors, AI, and data on a common platform. Strategic collaborations among players is also gaining preference. For instance, in 2019, Qualys and Proficio partnered to integrate their cloud-based security technology and managed detection and response capacities respectively.
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Table of Content
5. Global Cyber Security Market Analysis, Insights and Forecast, 2015-2026
5.1. Key Findings / Summary
5.2. Market Size Estimates and Forecasts
5.2.1. By Component (Value)
18.104.22.168.1. Network Security
22.214.171.124.2. Cloud Security
126.96.36.199.3. Application Security
188.8.131.52.4. End-point Security
184.108.40.206.1. Professional Services
220.127.116.11.2. Managed Services
5.2.2. By Deployment (Value)
6. North America Cyber Security Market Analysis, Insights and Forecast, 2015-2026
6.1. Key Findings / Summary
6.2. Market Size Estimates and Forecasts
6.2.1. By Component (Value)
18.104.22.168.1. Network Security
22.214.171.124.2. Cloud Security
126.96.36.199.3. Application Security
188.8.131.52.4. End-point Security
184.108.40.206.1. Professional Services
220.127.116.11.2. Managed Services
6.2.2. By Deployment (Value)
6.2.3. By Organization Size (Value)
18.104.22.168. Large Enterprises
6.2.4. By End-User (Value)
7. Europe Cyber Security Market Analysis, Insights and Forecast, 2015-2026
7.1. Key Findings / Summary
7.2. Key Policies and Regulations
7.3. Market Size Estimates and Forecasts
7.3.1. By Component (Value)
22.214.171.124.1. Network Security
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