The Business Research Company’s Cybersecurity Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Cybersecurity Global Market Report 2023 evaluates cybersecurity market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global cybersecurity market is expected to grow from $360,449.9 million in 2027 at a rate of 12.4%. The market is then expected to grow at a CAGR of 14.2% from 2027 and reach $699,417.6 million in 2032.
Increasing internet penetration is expected to propel the growth of cybersecurity services going forward. Increased internet penetration increased the number of companies utilizing cybersecurity services to optimize their businesses. Extensive digitization across enterprises is prone to cyber threats and information breaches; thus, established enterprises are investing heavily in cybersecurity solutions. For instance, in December 2022, according to First Site Guide, a US-based e-commerce website, there are 5.47 billion active internet users in the world, and this will increase by 8.2% year-on-year. Therefore, increasing internet penetration will boost demand for the cybersecurity market during the forecast period.
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The cybersecurity market segments in the report are:
1) By Solution: Infrastructure Protection; Network Security; Endpoint Security; Data Security; Application Security; Cloud Security; Other Solutions
2) By Enterprise Size: Small And Medium Enterprise; Large Enterprise
3) By Deployment Type: Cloud; On Premises
4) By End-User: BFSI; IT And Telecommunications; Retail; Healthcare; Government; Manufacturing; Travel And Transportation; Energy And Utilities; Other End-Users
The table of contents in TBRC’s cybersecurity market report includes:
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