Cyber Security Market by Component (Solution and Service), Solution (Identity & Access Management, Infrastructure Security, Governance Risk & Compliance, Unified Vulnerability Management Service Offering, Data Security & Privacy Service Offering, and Othe

Cyber Security Market by Component (Solution and Service), Solution (Identity & Access Management, Infrastructure Security, Governance Risk & Compliance, Unified Vulnerability Management Service Offering, Data Security & Privacy Service Offering, and Others), Deployment Model (Cloud and On-Premise), Enterprise Size (Large Enterprises and SMEs), and Industry Vertical (Telecom, Automotive, BFSI, Public Sector, Retail, Healthcare, IT, Energy & Utilities, Manufacturing, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030

Cybersecurity includes the safety of assets from cybercrime, terrorism, and other network service disruptions, which can possibly affect everyday operations. It can be accomplished through active monitoring of IT assets, exposure of outages or malicious movement, and prompt response to interruptions. In addition, with the proliferation of cloud, mobility, and bring-your-own-device (BYOD), endpoint protection has become crucial for all security departments. Moreover, cybersecurity threats and vulnerabilities can change from day to day and even hour to hour.

Rise in malware and phishing threats among enterprises and increase in adoption of IoT and BYOD trend are boosting the growth of the cybersecurity market. In addition, surge in demand for cloud-based cybersecurity solutions positively impacts the growth of the market. However, budget constraints among organizations and complexities of device security hamper the market growth. On the contrary, increase in adoption of mobile device applications and platforms, need for strong authentication methods, and transformation in traditional antivirus software industry are expected to offer remunerative opportunities for expansion of the market during the forecast period.

The global cyber security market is segmented on the basis of component, solution, deployment model, enterprise size, industry vertical, and region. Depending on component, the market is bifurcated into solution and services. On the basis of solution, the market is fragmented into identity & access management, infrastructure security, governance, risk, & compliance, unified vulnerability management service offering, data security & privacy service offering, and others. By deployment model, it is segregated into cloud and on-premises. As per enterprise size, it is classified into large enterprises and SMEs. In terms of industry vertical, it is differentiated into telecom, automotive, BFSI, public sector, retail, healthcare, IT, energy and utilities, manufacturing, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Some of the key players operating in the global cybersecurity market include Accenture, Broadcom Inc., Capgemini, Cognizant, F5 Networks Inc., FireEye Inc., HCL Technologies Limited, IBM Corporation, Infosys Limited, L&T Technology Services Limited, PwC International Limited Broadcom Inc., Tata Consultancy Services, Tech Mahindra Limited, and Wipro Limited. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.

KEY BENEFITS FOR STAKEHOLDERS

The study provides an in-depth analysis of the global cyber security market forecast along with the current & future trends to explain the imminent investment pockets.
Information about key drivers, restraints, & opportunities and their impact analysis on global cyber security market trends is provided in the report.
Porter’s five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.
The quantitative analysis of the market from 2021 to 2030 is provided to determine the market potential.

Key Market Segments

By Component

Solution
Service

By Solution

Identity & Access Management
Infrastructure Security
Governance Risk & Compliance
Unified Vulnerability Management Service Offering
Data Security & Privacy Service Offering
Others

By Deployment Model

Cloud
On-premise

By Enterprise Size

Large Enterprises
SMEs

By Industry Vertical

Telecom
Automotive
BFSI
Public Sector
Retail
Healthcare
IT
Energy & Utilities
Manufacturing
Others

By Region

North America
U.S.
Canada
Europe
UK
Germany
France
Russia
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa

KEY MARKET PLAYERS

Accenture
Broadcom Inc.
Capgemini
Cognizant
F5 Networks Inc.
FireEye Inc.
HCL Technologies Limited
IBM Corporation
Infosys Limited
L&T Technology Services Limited
PwC International Limited Broadcom Inc.
Tata Consultancy Services
Tech Mahindra Limited
Wipro Limited

List of Company Profiles

Accenture
Broadcom Inc.
Capgemini
Cognizant
F5 Networks Inc.
FireEye Inc.
HCL Technologies Limited
IBM Corporation
Infosys Limited
L&T Technology Services Limited
PwC International Limited Broadcom Inc.
Tata Consultancy Services
Tech Mahindra Limited
Wipro Limited