Cybersecurity Global Market Report 2022 – By Solution (Network Security, Cloud Application Security, End-point Security, Secure Web Gateway, Internet Security), By Enterprise Size (Small & Medium Enterprise, Large Enterprise), By Deployment Type (Cloud, On Premises), By End-Use (BFSI, IT & Telecommunications, Retail, Healthcare, Government, Manufacturing, Travel and Transportation, Energy and Utilities) – Market Size, Trends, And Global Forecast 2022-2026

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The cybersecurity market consists of sales of cybersecurity software and related services. Cybersecurity is a practice of protecting the network, computers, mobile devices, hardware, electronic systems, and data from digital or malicious attacks. It is also known as electronic information security and information technology security. Cybersecurity can be segregated into categories including network security, application security, information security, operational security, and others.

The main solutions of cybersecurity are network security, cloud application security, end-point security, secure web gateway, internet security and others. Network security is a set of technologies that protects the usability and integrity of a company's infrastructure by preventing a wide range of potential threats from entering or spreading within a network. The software is deployed through cloud and on-premises mode by small and medium enterprise, large enterprise. The various end users include BFSI, IT and telecommunications, retail, healthcare, government, manufacturing, travel and transportation, energy and utilities, among others.

The global cybersecurity market size is expected grow from $181.12 billion in 2021 to $201.33 billion in 2022 at a compound annual growth rate (CAGR) of 11.2%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The cybersecurity market is expected to reach $307.70 billion in 2026 at a CAGR of 11.2%.

The rising scale of cyber threats is generating higher demand for cybersecurity solutions. Cyberattacks on individuals, companies, and governmental organizations are increasing and resulting in huge financial losses. According to Kaspersky, the global cyber threats are developing rapidly with the mounting number of data breaches. A report from RiskBased Security revealed that about 7.9 billion records have been exposed by data breaches in the first nine months of 2019, which was double the number of records exposed in the previous year during the same period. It is projected that global spending on cybersecurity is expected to grow. Therefore, rising spending on cybersecurity solutions attributing to the increasing threat of cyberattacks is projected to propel the revenues for the cybersecurity market during the forecast period.

The increasing use of unlicensed or pirated software is a significant threat to the cybersecurity market. Pirate software refers to the unauthorized copy of the software, which is a replica of the original software. Internet-based piracy of software and solutions is an emerging issue for the industry. According to the BSA global software survey published, despite the 2% drop in the pirated software installation rates, the unlicensed software was being installed at alarming rates, accounting for 37% of software installed on personal computers. The organizations purchasing unlicensed software packages and a computer with pirated software installed can impede the growth of the bottom line and induce unprecedented security risk. Thus, this high rate of software piracy is hindering the growth of the cybersecurity market.

Increasing government investments in cybersecurity solutions is a major trend shaping the growth of the cybersecurity industry. For instance, in October 2019, the UK government has announced a multi-million investment project of $48 million (£36 million) to protect the country’s businesses from cyberattacks. This scheme combines the government’s partnership with leading tech firms such as ARM as a part of the government’s digital security by design initiative, which was backed previously by Microsoft and Google. The government funding will help to detect future threats and mitigate their effects including terrorism, financial extortion, and damaging established systems. Thus, increasing investments by the governments globally are likely to create large avenues for expansion for the players operating in the cybersecurity market over the forthcoming years.

In August 2019, Cisco Systems Inc., an American multinational technology conglomerate completed the acquisition of Sentryo, a France-based company that is engaged in providing cybersecurity solutions and assets visibility for industrial control systems (ICS). This acquisition is expected to enhance Cisco’s security with unparalleled device visibility in the operational technology (OT) environment which would provide engineers with deeper visibility into assets to secure and optimize their industrial networks. Sentryo is engaged in designing and developing threat intelligence and network monitoring platforms that offer cyber-resilience for data acquisition networks, supervisory control, and industrial control systems.

Major players in the cybersecurity market are AVG Technologies NV, Check Point Software Technologies, Cisco Systems, CyberArk, F5 Networks, FireEye, Forcepoint, Fortinet, F-Secure, IBM Corporation, Imperva, Juniper Networks, McAfee, Micro Focus, Microsoft, Oracle, Palo Alto Networks, Proofpoint, Qualys, Rapid7, RSA Security, Sophos, Splunk, Symantec and Trend Micro.

Asia Pacific was the largest region in the cybersecurity market in 2021. North America was the second largest region in the cybersecurity market. The regions covered in cybersecurity market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the cybersecurity market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.

The global cybersecurity market is segmented -

1) By Solution: Network Security, Cloud Application Security, End-Point Security, Secure Web Gateway, Internet Security, Others

2) By Enterprise Size: Small and Medium Enterprise, Large Enterprise

3) By Deployment Type: Cloud, On Premises

4) By End-Use: BFSI, IT and Telecommunications, Retail, Healthcare, Government, Manufacturing, Travel and Transportation, Energy and Utilities, Others

    Table Of Contents

    1. Executive Summary

    2. Cybersecurity Market Characteristics

    3. Cybersecurity Market Trends And Strategies

    4. Impact Of COVID-19 On Cybersecurity

    5. Cybersecurity Market Size And Growth

    5.1. Global Cybersecurity Historic Market, 2016-2021, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Cybersecurity Forecast Market, 2021-2026F, 2031F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Cybersecurity Market Segmentation

    6.1. Global Cybersecurity Market, Segmentation  By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Network Security

    Cloud Application Security

    End-point Security

    Secure Web Gateway

    Internet Security

    Others

    6.2. Global Cybersecurity Market, Segmentation  By Enterprise Size, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

     Small & Medium Enterprise

    Large Enterprise

    6.3. Global Cybersecurity Market, Segmentation  By Deployment Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Cloud

    On Premises

    6.4. Global Cybersecurity Market, Segmentation  By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    BFSI

    IT & Telecommunications

    Retail

    Healthcare

    Government

    Manufacturing

    Travel and Transportation

    Energy and Utilities

    Others  

    7. Cybersecurity Market Regional And Country Analysis

    7.1. Global Cybersecurity Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    7.2. Global Cybersecurity Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    8. Asia-Pacific Cybersecurity Market  

    8.1. Asia-Pacific Cybersecurity Market Overview  

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Cybersecurity Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    8.3. Asia-Pacific Cybersecurity Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    9. China Cybersecurity Market  

    9.1. China Cybersecurity Market Overview  

    9.2. China Cybersecurity Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

    9.3. China Cybersecurity Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

    10. India Cybersecurity Market  

    10.1. India Cybersecurity Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    10.2. India Cybersecurity Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    11. Japan Cybersecurity Market  

    11.1. Japan Cybersecurity Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    11.2. Japan Cybersecurity Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    12. Australia Cybersecurity Market  

    12.1. Australia Cybersecurity Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    12.2. Australia Cybersecurity Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    13. Indonesia Cybersecurity Market  

    13.1. Indonesia Cybersecurity Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    13.2. Indonesia Cybersecurity Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    14. South Korea Cybersecurity Market  

    14.1. South Korea Cybersecurity Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    14.2. South Korea Cybersecurity Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    15. Western Europe Cybersecurity Market  

    15.1. Western Europe Cybersecurity Market Overview

    15.2. Western Europe Cybersecurity Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    15.3. Western Europe Cybersecurity Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    16. UK Cybersecurity Market  

    16.1. UK Cybersecurity Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    16.2. UK Cybersecurity Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    17. Germany Cybersecurity Market  

    17.1. Germany Cybersecurity Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    17.2. Germany Cybersecurity Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    18. France Cybersecurity Market  

    18.4. France Cybersecurity Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    18.5. France Cybersecurity Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    19. Eastern Europe Cybersecurity Market  

    19.1. Eastern Europe Cybersecurity Market Overview

    19.2. Eastern Europe Cybersecurity Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    19.3. Eastern Europe Cybersecurity Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    20. Russia Cybersecurity Market  

    20.1. Russia Cybersecurity Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    20.2. Russia Cybersecurity Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    21. North America Cybersecurity Market  

    21.1. North America Cybersecurity Market Overview

    21.2. North America Cybersecurity Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    21.3. North America Cybersecurity Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    22. USA Cybersecurity Market  

    22.1. USA Cybersecurity Market Overview

    22.2. USA Cybersecurity Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    22.3. USA Cybersecurity Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    23. South America Cybersecurity Market  

    23.1. South America Cybersecurity Market Overview

    23.2. South America Cybersecurity Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    23.3. South America Cybersecurity Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    24. Brazil Cybersecurity Market  

    24.1. Brazil Cybersecurity Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    24.2. Brazil Cybersecurity Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    25. Middle East Cybersecurity Market  

    25.1. Middle East Cybersecurity Market Overview

    25.2. Middle East Cybersecurity Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    25.3. Middle East Cybersecurity Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    26. Africa Cybersecurity Market  

    26.1. Africa Cybersecurity Market Overview

    26.2. Africa Cybersecurity Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    26.3. Africa Cybersecurity Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    27. Cybersecurity Market Competitive Landscape And Company Profiles

    27.1. Cybersecurity Market Competitive Landscape

    27.2. Cybersecurity Market Company Profiles

    27.2.1. AVG Technologies NV

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. Check Point Software Technologies

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. Cisco Systems

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. CyberArk

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. F5 Networks

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    28. Key Mergers And Acquisitions In The Cybersecurity Market

    29. Cybersecurity Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Research Inquiries

    30.4. The Business Research Company

    30.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2016-2021, $ Billion
  • Table 2: Global Forecast Market Growth, 2021-2026F, 2031F, $ Billion
  • Table 3: Global Cybersecurity Market, Segmentation  By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 4: Global Cybersecurity Market, Segmentation  By Enterprise Size, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 5: Global Cybersecurity Market, Segmentation  By Deployment Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 6: Global Cybersecurity Market, Segmentation  By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 7: Global Cybersecurity Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 8: Global Cybersecurity Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 9: Asia-Pacific, Cybersecurity Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 10: Asia-Pacific, Cybersecurity Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 11: China, Cybersecurity Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 12: China, Cybersecurity Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 13: India, Cybersecurity Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 14: India, Cybersecurity Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 15: Japan, Cybersecurity Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 16: Japan, Cybersecurity Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 17: Australia, Cybersecurity Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 18: Australia, Cybersecurity Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 19: Indonesia, Cybersecurity Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 20: Indonesia, Cybersecurity Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 21: South Korea, Cybersecurity Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 22: South Korea, Cybersecurity Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 23: Western Europe, Cybersecurity Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 24: Western Europe, Cybersecurity Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 25: UK, Cybersecurity Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 26: UK, Cybersecurity Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 27: Germany, Cybersecurity Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 28: Germany, Cybersecurity Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 29: France, Cybersecurity Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 30: France, Cybersecurity Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 31: Eastern Europe, Cybersecurity Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 32: Eastern Europe, Cybersecurity Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 33: Russia, Cybersecurity Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 34: Russia, Cybersecurity Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 35: North America, Cybersecurity Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 36: North America, Cybersecurity Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 37: USA, Cybersecurity Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 38: USA, Cybersecurity Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 39: South America, Cybersecurity Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 40: South America, Cybersecurity Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 41: Brazil, Cybersecurity Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 42: Brazil, Cybersecurity Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 43: Middle East, Cybersecurity Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 44: Middle East, Cybersecurity Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 45: Africa, Cybersecurity Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 46: Africa, Cybersecurity Market, Segmentation By End-Use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 47: AVG Technologies NV Financial Performance
  • Table 48: Check Point Software Technologies Financial Performance
  • Table 49: Cisco Systems Financial Performance
  • Table 50: CyberArk Financial Performance
  • Table 51: F5 Networks Financial Performance

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