Data protection as a service (DPaaS) refers to a collection of services that help organizations to protect their data and also improve their network security and recovery options. Data Protection-as-a-Service (DPaaS) is a cloud-based or web-based system for networking security and data loss prevention. These services are provided to the clients through multiple memberships and help organizations in cutting the costs of system security and maintenance. The main types of data protection as a service are disaster recovery as a service, backup as a service, and storage as a service. Disaster recovery as a service (DRaaS) is a cloud computing service model that enables an organization to back up its data and IT infrastructure in a third-party cloud computing environment and provides all DR orchestration, all through a SaaS solution, to regain access and functionality to IT infrastructure following a disaster. Data protection as a service can be deployed in the public cloud, private cloud, and hybrid cloud in large enterprises and SMEs that can be used in various industries such as banking, financial services and insurance (BFSI), telecom & IT, government & public sector, healthcare, retail, energy & utilities, manufacturing, and others. The data protection as a service (DPaaS) market research report is one of a series of new reports from The Business Research Company that provides data protection as a service (DPaaS) market statistics, including data protection as a service (DPaaS) industry global market size, regional shares, competitors with a data protection as a service (DPaaS) market share, detailed data protection as a service (DPaaS) market segments, market trends and opportunities, and any further data you may need to thrive in the data protection as a service (DPaaS) industry. This data protection as a service (DPaaS) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global data protection as a service (dpaas) market size grew from $22.48 billion in 2022 to $28.14 billion in 2023 at a compound annual growth rate (CAGR) of 25.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The data protection as a service (dpaas) market size is expected to grow to $70.38 billion in 2027 at a CAGR of 25.8%. The increase in concern about data loss and data security is propelling the demand in the data protection as a service (DPaaS) market. Data loss refers to the loss of data due to internal issues like system failure or external issues like cyber attacks, etc. Enterprises from all around the world have been concerned about data security recently due to incidents of data loss and data leaks. For instance, according to Identity Theft Resource Center’s report, a United States non-profit organization, the year 2021 saw 1,862 data breaches, which was up from 1,108 data breaches in 2020. These breaches have increased concerns about data loss in companies. Hence, the increasing concerns about data loss and data security are driving the growth of the data protection as a service market. New technological advancements like the integration of connected devices with the internet of things (IoT) and virtual private network (VPN) are shaping the data protection as a service (DPaaS) market. For instance, in May 2021, GLobal Electronic-SECurity (GLESEC), a cyber-security firm announced the launch of its new Orchestrated data leakage detection and protection service. This security-as-a-service has a unique offering of detecting and protecting data leakage without the need to classify all the information of the company. With this service, the company would address the need for the organization’s security requirements. In January 2021, Veritas, headquartered in California, a provider of enterprise data protection services, acquired HubStor for an undisclosed amount. With this acquisition, Veritas would add a SaaS-based data protection team to the team and would be able to bring data protection services to the cloud. Hubstor, headquartered in Canada, is data protection as a service provider. Major players in the data protection as a service (DPaaS) market are IBM Corporation, Amazon Web Services, Hewlett-Packard Development Company, Commvault Systems, VMware, Quantum Corporation, Asigra, EMC Corporation, Dell, Veritas Technologies, Commvault, Quest Software Inc., NxtGen Datacenter & Cloud Technologies Pvt. Ltd., Hitachi Vantara Corporation, and Atos SE. North America was the largest region in the data protection as a service (DPaaS) market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the data protection as a service (DPaaS) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the data protection as a service (DPaaS) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The data protection as a service (DPaaS) market includes revenues earned by entities by providing services such as backup as a service (BaaS), storage as a service (STaaS), and disaster recovery as a service (DRaaS). The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global data protection as a service dpaas market is segmented - 1) By Service Type: Disaster Recovery As A Service, Backup As A Service, Storage As A Service 2) By Enterprise Size: Large Enterprise, SMEs 3) By Deployment Mode: Public Cloud, Private Cloud, Hybrid Cloud 4) By Industry: Banking, Financial Services And Insurance (BFSI), Telecom And IT, Government And Public Sector, Healthcare, Retail, Energy And Utilities, Manufacturing, Other Industries

General data protection regulation (GDPR) refers to a regulatory framework that establishes standards for the gathering and processing of personal data from people living in the European Union (EU). GDPR is used to provide a set of uniform data protection laws among all the participating nations in the European Union (EU). The main types of general data protection regulation services are on-premise and cloud services. On-premises refers to IT infrastructure hardware and software applications that are hosted on-site. This contrasts with IT assets that are hosted by a public cloud platform or remote data center. The offerings involved are data management, data discovery and mapping, data governance, and API management. The organisation size is large enterprises and small and medium-sized enterprises. The various end users involved banking, financial services, and insurance (BFSI), telecom and IT, retail and consumer goods, healthcare and life sciences, manufacturing, and other end-user industries. The general data protection regulation services market research report is one of a series of new reports from The Business Research Company that provides general data protection regulation services market statistics, including general data protection regulation services industry global market size, regional shares, competitors with a general data protection regulation services market share, detailed general data protection regulation services market segments, market trends and opportunities, and any further data you may need to thrive in the general data protection regulation services industry. This general data protection regulation services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global general data protection regulation services market size grew from $1.64 billion in 2022 to $2.04 billion in 2023 at a compound annual growth rate (CAGR) of 24.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The general data protection regulation services market size is expected to grow to $4.78 billion in 2027 at a CAGR of 23.8%. The increase in the number of cyberattacks is expected to propel the growth of the general data protection regulation services market going forward. A cyber attack is an attempt to enter a computer, computing system, or computer network without authorization with the goal of causing harm. Cyber attackers would enable hackers to gain access to a person's or company's financial accounts using sensitive data, among other potentially damaging actions. General data protection regulation services (GDPR) provide a secure way to protect sensitive data from unauthorised access, theft, or exposure. For instance, in 2021, according to the Federal Bureau of Investigation’s Internet Crime Report, a US-based federal agency for investigating cyber attacks and intrusions in the USA, complaints registered under cybercrimes reached a total of 84.73k cases, showing an increase of 7% from 2020. Therefore, an increasing number of cyberattacks is driving the general data protection services market. The increase in the trend of shifting towards new and advanced technology is the key trend gaining popularity in the general data protection regulation services market. Major companies operating in the general data protection regulation services market are focused on developing new technological solutions to strengthen their position. For instance, in January 2020, Black Penny Consulting, a UK-based company operating in general data protection regulation services, developed the compliance space technology. The compliance space is built on a platform that is affordable, simple to use, and breach-sensitive for assisting with instances involving breaches of personal data. This provides a direct platform connection to the consulting partner and is designed to replace time-consuming spreadsheets with a more intuitive software interface that will make compliance management more effective and efficient, including real-time legislative updates. The service is aimed solely at data protection officers and specialist consultants who are tasked with assisting businesses in meeting their GDPR obligations. In January 2021, Veritas, a US-based international data management company, acquired HubStor for an undisclosed amount. This acquisition is expected to improve Hubstor's strong backup-as-a-service technology with the Microsoft Azure public cloud base of Veritas. HubStor is a Canada-based company operating in general data protection regulation services. Major players in the general data protection regulation services market are International Business Machines Corporation, Veritas Technologies LLC, Amazon Web Services (AWS) Inc., Microsoft Corporation, Micro Focus International plc, Absolute Software Corporation, Capgemini SE, Informatica Inc., Iron Mountain Incorporated, Mimecast Services Limited, Oracle Corporation, Proofpoint Inc., SAS Institute Inc., Varonis, and Talend. North America was the largest region in the general data protection regulation services market in 2022. North America is expected to be the fastest-growing region in the forecast period. The regions covered in this general data protection regulation services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the general data protection regulation services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The general data protection regulation market includes revenues earned by entities by providing services such as legal obligation, vital interests, public task, and legitimate interests. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global general data protection regulation services market is segmented - 1) By Type of Deployment: On-Premise, Cloud 2) By Offering: Data Management, Data Discovery and Mapping, Data Governance, API Management 3) By Organization Size: Large Enterprises, Small and Medium-Sized Enterprises 4) By End User: Banking, Financial Services, and Insurance (BFSI), Telecom and IT, Retail and Consumer Goods, Healthcare and Life Sciences, Manufacturing, Other End-user Industries

DDOS-cyber-attack solutions refer to solutions used for the prevention of distributed denial of service (DDOS) attacks from malicious actors who, for various reasons, want to sabotage the network and functioning of a targeted organization by flooding their servers with internet traffic to prevent legitimate users from accessing their services. DDOS cyber-security solutions are services provided by firms to users to mitigate DDOS attacks. The main types of DDOS-cyber-attack solutions are hardware, software, and services. The hardware solutions provide DDOS cyber-attack hardware that acts as a physical barrier between the organization’s network and potential attackers. Hardware is most effective when applied at the network's very edge to protect all other inside devices from attacks, including firewalls. They are used in various enterprises, such as small and medium enterprises and large enterprises, deployed on-premise, cloud, and hybrid. The numerous applications include network security and database security, which are used in various verticals such as government and defense, BFSI, manufacturing, energy, and utilities, among others. The DDOS-cyber-attack solutions market research report is one of a series of new reports from The Business Research Company that provides DDOS-cyber-attack solutions market statistics, including DDOS-cyber-attack solutions industry global market size, regional shares, competitors with an DDOS-cyber-attack solutions market share, detailed DDOS-cyber-attack solutions market segments, market trends and opportunities, and any further data you may need to thrive in the DDOS-cyber-attack solutions industry. This DDOS-cyber-attack solutions market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global DDOS-cyber attack solutions market size grew from $3.53 billion in 2022 to $4.14 billion in 2023 at a compound annual growth rate (CAGR) of 17.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The DDOS-cyber attack solutions market size is expected to grow to $7.58 billion in 2027 at a CAGR of 16.4%. The increase in the number of DDOS attacks is significantly contributing to the growth of the DDOS cyber-security market. As firms are increasingly shifting their applications and infrastructure to the public cloud, the scope of DDOS attacks is increasing and attackers are becoming sharper, more organized, and more focused in the pursuit of their goals. As a result of this, more firms are demanding DDOS cyber-attack solutions. For instance, according to a 2021 report on global threat analysis by Radware, DDOS attacks have grown by 37% from 2020 to 2021. Therefore, an increase in the number of DDOS attacks will drive the growth of the DDOS cyber-security market. Technological advancements have emerged as a key trend gaining popularity in the DDOS network security solutions market. Major companies operating in the DDOS cyber-security solutions sector are focused on introducing new technologies to improve users’ security and mitigate sophisticated and novel attacks from DDOS attackers. For instance, in January 2022, Bigleaf, a US-based internet redundancy and optimization service company, launched a DDOS mitigation service based on cloud and internet-based technology. It works across various circuits to help firms deliver more reliable services to their users. It is circuit-independent, allowing users to safeguard any ISP connection they use under a single service contract. It also covers the entirety of their bandwidth, reducing exposure to risk while simplifying support and service responsibilities. In February 2022, Radware Inc., a US-based provider of cybersecurity and applications, acquired SecurityDAM for $30 million. The acquisition will help Radware to grow its cloud security services, as SecurityDAM specializes in cloud-based DDOS solutions and licensing of software to monitor and control DDOS attacks. SecurityDAM is an Israel-based cybersecurity and applications provider. Major players in the DDOS-cyber-attack solutions market are A10 Networks, Activereach Ltd., Akamai Technology, Allot Ltd., Cloudflare Inc., BT Group, Corero Network Security PLC, DDoS-Guard, Fastly, Fortinet, Haltdos, Huawei Technology, Imperva, Indusface Pvt Ltd., Link11, NETSCOUT Systems Inc., Nexusguard, PhoenixNap, Radware Inc., RioRey, Seceon Inc., StackPath, StrataCore, Sucuri, Verisign, Arbor Networks Inc., Neustar Inc., Dosarrest Internet Security Ltd., F5 Networks, AhnLab, and Alibaba Cloud. North America was the largest region in the DDOS-cyber-attack solutions market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the DDOS-cyber-attack solution market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the DDOS-cyber-attack solution market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The DDOS-cyber-attack solutions market includes revenues earned by entities by providing solutions for protecting the website and servers against malicious activities and hackers. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global ddos cyber attack solutions market is segmented - 1) By Offering: Hardware, Software, Services 2) By Deployment Mode: On-Premise, Cloud, Hybrid 3) By Size of Enterprise: Small and Medium Enterprises, Large Enterprises 4) By Application: Network Security, Database Security 5) By Vertical: Government and Defense, BFSI, Manufacturing, Energy and Utility, Other Verticals

The DDoS protection and mitigation refers to a network or cloud-based protection service that is specially designed for victims to mitigate incoming threats. The DDoS protection and mitigation are used for protecting a server or network that is targeted by a DDoS (distributed denial-of-service) attack. The main types of components of DDoS protection and mitigation are hardware solutions, software solutions, and services. Hardware solutions provide protection from external attacks. The deployment includes on-premise and cloud. The organization size includes small, medium, and large enterprises. The various applications involved are network security, endpoint security, application security, and database security, and are used by various end-users, such as it and telecom, government, education, and other end-users. The DDoS protection and mitigation market research report is one of a series of new reports from The Business Research Company that provides DDoS protection and mitigation market statistics, including DDoS protection and mitigation industry global market size, regional shares, competitors with a DDoS protection and mitigation market share, detailed DDoS protection and mitigation market segments, market trends and opportunities, and any further data you may need to thrive in the DDoS protection and mitigation industry. This DDoS protection and mitigation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global DDoS protection and mitigation market size grew from $3.7 billion in 2022 to $4.28 billion in 2023 at a compound annual growth rate (CAGR) of 15.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The DDoS protection and mitigation market size is expected to grow to $7.64 billion in 2027 at a CAGR of 15.6%. Increasing cyberattacks on websites are expected to propel the growth of the DDoS protection and mitigation market going forward. Cyberattacks are deliberate and malicious attempts by individuals or organizations that breach the information system of another individual to disrupt the network. DDoS protection and mitigation helps protect a server or network that is targeted by a DDoS (distributed denial-of-service) attack, as a result, increasing cyber-attacks increase the demand for DDoS protection and mitigation. For instance, in February 2022, according to an article published by Fortune, a US-based business magazine, there has been a 105% surge in ransomware cyberattacks 2021. Therefore, the increasing cyberattacks are driving the DDoS protection and mitigation market. Technological advancements are a key trend in the DDoS protection and mitigation market. Major companies operating in the DDoS protection and mitigation market are focused on developing new technological solutions to strengthen their position. For instance, in 2021, Mazebolt Technology, Israel-based DDoS protection and mitigation, and cybersecurity company launched its new product which is the world’s first DDoS risk assessment product named the MazeBolt Radar. Radar is a patented technology that provides DDoS protection through DDoS simulations on live production without any downtime. This technology maintains DDoS mitigation without any disruptions and downtime. In January 2021, Link 11, Europe-based DDoS protection and cyber security company, acquired DOSarrest Internet Security Limited for an undisclosed amount. This acquisition provides Link 11 with an extended and strengthened security services infrastructure and will give them new customers who are dependent on digital services and processes. Link 11 believes that with DOSarrest it will be able to expand around the globe and strengthen its position as a leading provider of DDoS protection solutions. DOSarrest is a Vancouver-based provider of DDoS protection services that serves multiple customers across the globe. Major players in the DDoS protection and mitigation market are Netscout Systems Inc., Akamai Technologies Inc., Radware Inc, Fortinet, Link11, Imperva, Cloudflare Inc., Corero Network Security Inc., A10 Networks, Neustar Inc., DOSarrest Internet Security, Flowmon Networks, Allot, Sucuri, NSFOCUS, and Lumens Technologies Inc (Centurylink). North America was the largest region in the DDoS protection and mitigation market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in DDoS protection and mitigation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the DDoS protection and mitigation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The DDoS protection and mitigation market consist of revenues earned by entities by providing hybrid DDoS protection and mitigation security. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global DDoS protection and mitigation market is segmented - 1) By Component: Hardware Solution, Software Solution, Services 2) By Deployment: On-Premise, Cloud 3) By Organization Size: Small and Medium Enterprises, Large Enterprises 4) By Application: Network security, Endpoint Security, Application Security, Database security 5) By End-User: IT and Telecom, Government, Education, Other End-Users

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. The main security types of cybersecurity services are network security, endpoint security, application security, cloud security, and others. Endpoint security is the process of preventing malicious actors and campaigns from exploiting endpoints or entry points of end-user devices such as desktops, laptops, and mobile devices. The services are used by large enterprises, small and medium enterprises of various industry verticals such as aerospace and defense, BFSI, public sector, retail, healthcare, IT and telecom, energy and utilities, manufacturing, and others. The cybersecurity services market research report is one of a series of new reports from The Business Research Company that provides cybersecurity services market statistics, including cybersecurity services industry global market size, regional shares, competitors with a cybersecurity services market share, detailed cybersecurity services market segments, market trends and opportunities, and any further data you may need to thrive in the cybersecurity services industry. This cybersecurity services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global cybersecurity services market size will grow from $81 billion in 2022 to $90.56 billion in 2023 at a compound annual growth rate (CAGR) of 11.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global cybersecurity services market size is expected to grow to $139.24 billion in 2027 at a CAGR of 11.4%. The increasing instances of massive cyber-attacks are a key factor driving the growth of the cybersecurity services market. The primary motive behind cybercrimes is political competition, financial gain, negative credibility, foreign competition and radical involvement of religious groups. Most cyber-attacks are for financial gain. WannaCry, Petya, NotPetya, and BadRabbit are some of the main ransomware products that have targeted large-scale businesses and government organizations. According to cyber security experts, ransomware threats rose by 40% to 199.7 million attacks worldwide in Q3 of 2020. In Q3 2020, Ryuk ransomware threats rose to 67.3 million, which is 33.7% of all ransomware incidents this year. The ransomware implications included inaccessibility to various municipal facilities, information leakage, and economic loss. Therefore, the increasing instances of massive cyber-attacks compel companies to integrate cybersecurity in their systems and functionality to prevent crashing thereby driving the growth of the cybersecurity services market. Use of Pirated and open source cybersecurity solutions, Dearth of cybersecurity expertise for proactive strategic planning, Limited security budget among SMEs, Lack of interoperability with the existing information systems, High cost of innovations and budget constraints for SMEs, and Lack of training and inadequate workforce are the major factors hampering the growth of the cybersecurity services market. Leveraging AI, machine learning, and blockchain technologies for cyber defense is a key trend in the cybersecurity services market. Cybersecurity vendors integrate artificial intelligence (AI) and machine learning principles into their solutions to tackle crucial hyper-connected workplace risks, with quicker identification, prevention, and responsiveness capabilities, the advances in technology, such as AI and machine learning, turn the tables against cybercrime. Vade Secure is one of the world's largest e-mail security firms, leveraging artificial intelligence and machine learning to defend more than 600 million mailboxes in 76 countries from a range of attacks comprising spear phishing, ransomware, and malware. In June 2020, the firm received an investment of more than $75 million from General Catalyst and plans to extend the use of AI to secure inboxes all over the globe. Cybersecurity specialists are therefore leveraging AI and machine learning technology to resolve the emerging cyber threats facing individuals, companies, and governments. Major players in the cybersecurity services market are Cisco Systems, IBM Corporation, Microsoft, Check Point Software Technologies, Oracle, Trend Micro., Cyber Ark Software Ltd., FireEye Inc., Imperva Inc., ProofPoint, Inc., Micro Focus, RSA Security, Sophos, Splunk, Accenture, Capgemini, Cognizant, HCL Technologies Limited, Tata Consultancy Services, Wipro Limited, Qualys, Dell Technologies Inc., AVG Technologies NV and Intel Security (Intel Corporation). North America was the largest region in the cybersecurity services market in 2022. Asia-Pacific was the second largest region in the global cybersecurity services market. The regions covered in the global cybersecurity services market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the cybersecurity services market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The cybersecurity services market includes revenues earned by entities by providing services such as network security, application security, information security and operational security. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global cybersecurity services market is segmented - 1) By Security Type: Network Security, Endpoint Security, Application Security, Cloud Security, Other Security Types 2) By User Type: Large Enterprises, Small & Medium Enterprises 3) By Industry Verticals: Aerospace and Defense, BFSI, Public sector, Retail, Healthcare, IT and Telecom, Energy and Utilities, Manufacturing, Other Industry Verticals

Cybersecurity is the protection of Internet-connected systems against cyber threats such as hardware, software, and data. 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 cybersecurity market research report is one of a series of new reports from The Business Research Company that provides cybersecurity market statistics, including cybersecurity industry global market size, regional shares, competitors with a cybersecurity market share, detailed cybersecurity market segments, market trends and opportunities, and any further data you may need to thrive in the cybersecurity industry. This cybersecurity market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global cybersecurity market size will grow from $201.33 billion in 2022 to $223.7 billion in 2023 at a compound annual growth rate (CAGR) of 11.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global cybersecurity market size is expected to grow to $338.84 billion in 2027 at a CAGR of 10.9%. 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. For example, according to Infosecurity Magazine, a Canadian online magazine serving information security community, 108.9 million internet user accounts were breached in the third quarter of 2022, with a 70% increase over the previous quarter. 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 September 2022, the Department of Homeland Security (DHS), a US federal executive department responsible for public security launched a $1 billion investment to fund its first-ever cyber grant program customized especially for state, local and territorial governments across the country. This will aid governments to address cybersecurity risks such as identifying key vulnerabilities, eliminating threats and bolstering critical infrastructure. 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 October 2022, KnowBe4 agreed to be acquired by Vista Equity Partners, an American investment firm for $4.6 billion. The acquisition enables KnowBe4 to have additional resources and support from Vista for its next phase of development. KnowBe4 is a US-based cybersecurity company. 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 2022. North America was the second largest region in the global cybersecurity market. The regions covered in the global cybersecurity market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the 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 cybersecurity market includes revenues earned by entities by offering software for 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. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global cybersecurity market is segmented - 1) By Solution: Network Security, Cloud Application Security, End-point Security, Secure Web Gateway, Internet Security, Other Solutions 2) By Enterprise Size: Small & Medium Enterprise, Large Enterprise 3) By Deployment Type: Cloud, On Premises 4) By End-Use: BFSI, IT & Telecommunications, Retail, Healthcare, Government, Manufacturing, Travel and Transportation, Energy and Utilities, Other End-Uses

The enterprise governance, risk, and compliance (eGRC) refers to a strategy used by enterprises to manage their governance, corporate compliance and enterprise risk management with applicable regulations while effectively maintaining business objectives. eGRC helps enterprises to achieve anticipated goals through the automation of workflow, while simultaneously ensuring that is adherence to government regulations and internal controls that employees must adhere to company-wide. The main components of enterprise, governance, risk and compliance (eGRC) market are software and services. Software refers to a set of instructions, data, or programs used to operate a computer and execute specific tasks. The organization size is large enterprises and small and medium enterprises. The deployment is cloud-based and on-premise. The various verticals involved BFSI, healthcare, government, energy and utilities, manufacturing, retail and consumer goods, telecom and IT, and other verticals. The enterprise governance, risk and compliance (eGRC) market research report is one of a series of new reports from The Business Research Company that provides eGRC market statistics, including eGRC industry global market size, regional shares, competitors with a eGRC market share, detailed eGRC market segments, market trends and opportunities, and any further data you may need to thrive in the eGRC industry. This eGRC market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global enterprise governance, risk and compliance (egrc) market size grew from $33.29 billion in 2022 to $38.26 billion in 2023 at a compound annual growth rate (CAGR) of 14.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The enterprise governance, risk and compliance (egrc) market size is expected to grow to $66.87 billion in 2027 at a CAGR of 15.0%. Increasing cyber-attack incidents are expected to propel the growth of the enterprise governance, risk, and compliance (eGRC) market going forward. A cyber-attack refers to any attempt to gain unauthorized access to a computer, computing system, or computer network with the intent to cause damage. Organizations globally are adopting eGRC solutions to leverage numerous features such as risk and compliance management, business resiliency applications, and financial audit management. For instance, according to a report published by SonicWall, a US-based cybersecurity company, there has been a 105% surge in ransomware cyberattacks in 2021. Governments saw an 1885% increase in cyberattacks, while the healthcare industry faced a 755% increase in cyberattacks in 2021. Therefore, the increasing cyber-attack incidents are driving the growth of the enterprise governance, risk, and compliance (eGRC) market. Technological advancements are a key trend gaining popularity in the enterprise governance, risk, and compliance (eGRC) market. Major companies operating in the enterprise governance, risk, and compliance market are focused on developing new technological solutions to strengthen their position. For instance, in January 2022, MetricStream, a US-based software company operating in the integrated risk management (IRM) and governance, risk, and compliance (GRC), launched an AI (artificial intelligence), deep domain capabilities, and risk quantification capabilities embedded solution, ConnectedGRC for addressing several urgent business challenges related to risk, compliance, audit, cyber risks, and environmental, social, and governance (ESG). With MetricStream's integrated GRC software, professionals can collaborate more effectively, share information, and manage risk quantitatively. ConnectedGRC offers three distinct product lines including BusinessGRC, CyberGRC, and ESGRC. In April 2020, Tricor Group, a Hong Kong-based business expansion specialist company, acquired Axcelasia Inc., for an undisclosed amount. With this acquisition, Tricor aims to provide governance, risk, and compliance (GRC) solutions for end-users to manage their complex compliance and regulatory requirements and responsibilities. Axcelasia is a Malaysia-based company operating in enterprise governance, risk, and compliance. Major players in the enterprise governance, risk and compliance (eGRC) market are IBM Corporation, LogicManager Inc., MetricStream Inc., Microsoft Corporation, SAP SE, SAS Institute Inc., Oracle Corporation, RSA Security LLC, Thomson Reuters Corporation, Lockpath Inc., Infosys Limited, Convercent, Refinitive, Modulo Security LLC and Mphasis Limited. North America was the largest region in the enterprise, governance, risk, and governance (eGRC) market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the enterprise, governance, risk, and governance (eGRC) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the enterprise, governance, risk, and governance (eGRC) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The enterprise governance, risk, and compliance (eGRC) market consist of revenues earned by entities by providing compliance management and audit management. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global enterprise governance risk and compliance egrc market is segmented - 1) By Component: Software, Services 2) By Organization Size: Large Enterprise, Small And Medium Enterprise 3) By Deployment Model: Cloud-Based, On-Premise 4) By Vertical: Banking, Financial Services And Insurance (BFSI), Healthcare, Government, Energy And Utilities, Manufacturing, Retail And Consumer Goods, Telecom And Information Technology (IT), Other Verticals

The enterprise risk management refers to processes that strategically examines risk management from the viewpoint of the entire company or organization. It is a top-down strategy that tries to recognize, evaluate, and get ready for prospective losses, dangers, hazards, and other potential for harm that may obstruct an organization's operations and goals and/or result in losses. The main types of deployment of enterprise risk management are cloud and on-premises. The on-premise enterprise risk management refers to enterprise risk management solutions that are implemented in-house and as part of an organization's IT infrastructure where the solution, as well as any connected procedures, are the responsibility of the enterprise. The main components of enterprise risk management include hardware, software, and services. The end-users of enterprise risk management include BFSI, IT and telecom, retail, healthcare, energy and utilities, manufacturing, and government and defense. The enterprise risk management market research report is one of a series of new reports from The Business Research Company that provides enterprise risk management market statistics, including enterprise risk management industry global market size, regional shares, competitors with an enterprise risk management market share, detailed enterprise risk management market segments, market trends and opportunities, and any further data you may need to thrive in the enterprise risk management industry. This enterprise risk management market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global enterprise risk management market size grew from $4.78 billion in 2022 to $5.1 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The enterprise risk management market size is expected to grow to $6.38 billion in 2027 at a CAGR of 5.8%. The surge in data security breaches in enterprises is driving the enterprise risk management market. A data breach is a situation in which information is taken from a system without the owner's knowledge or consent. Data security breaches are increasing due to weak and stolen credentials, application vulnerabilities, malware, malicious insiders, insider error and others. Enterprise risk management helps to recognize, evaluate, and get ready for prospective losses that may arise due to data security breaches. For instance, in 2021 according to the Identity Theft Resource Center (ITRC), a nationally recognized nonprofit organization established to support victims of identity crime, data breaches in 2021 surpassed the total number in 2020 by 17%. Therefore, a rise in data security breaches will propel the growth of the enterprise risk management market. The strategic partnership is a key trend gaining popularity in the enterprise risk management market. Companies operating in the enterprise risk management sector are entering into strategic partnerships to leverage each other's resources and expand into new markets. For instance, in August 2021, Galvanize, a US-based software as a service company that builds security, risk management, compliance, and audit software for the governance, risk management, and compliance (GRC) market, partnered with Turnkey. Through this partnership, Turnkey will include Galvanize's HighBond platform in its extensive lineup of tech-enabled solutions for customers. Turnkey is a London-based provider of Integrated Risk Management (IRM), Identity Access Management (IAM) and cyber and application Security. In September 2022, IppoPay Technologies Pvt Ltd., an India-based provider of payment infrastructure, acquired Tutelar Fintech Private Limited for an undisclosed amount. With the acquisition, IppoPay is expected to enter the payments infrastructure market and Tutelar enables IppoPay to fight against frauds in the financial transactions. Tutelar Fintech Private Limited is an India-based risk management company using full-stack AI. Major players in the enterprise risk management market are IBM Corporation, Capgemini, Fidelity National Information Services, Inc., Infosys Limited, Oracle Corporation, SAP SE, LogicManager, Inc., MetricStream, Dell Inc., Ideagen PLC., Intelex Technologies, SAI Global Pty Limited, QUALYS, Inc., Alyne GmbH, MEGA International, and NAVEX Global, Inc., North America was the largest region in the enterprise risk management market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the enterprise risk management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the enterprise risk management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The enterprise risk management market consists of revenues earned by entities by providing enterprise risk management components including event modification and objective setting. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global enterprise risk management market is segmented - 1) By Deployment: Cloud, On-Premises 2) By Component: Hardware, Software, Services 3) By Industry Vertical: BFSI, IT and Telecom, Retail, Healthcare, Energy and Utilities, Manufacturing, Government and Defense