Press release
Cybersecurity Services Global Market Break Down by Top Companies, Countries, Applications, Challenges, Opportunities and Forecast 2026- Cisco Systems,IBM Corporation,Microsoft,Check Point Software Technologies,Oracle
This report focuses on cybersecurity services market which is experiencing strong growth. The report gives a guide to the cybersecurity services market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.
The global cybersecurity services market is expected to decline from $66.87 billion in 2019 to $65.46 billion in 2020 at a compound annual growth rate (CAGR) of -2.1%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities that has led to a slowdown in the economy. This impacted the bottom line of companies, restricting them from investing in cybersecurity services. The market is then expected to recover and reach $ 91.1 billion in 2023 at a CAGR of 11.64%.
Major key players covered in this report:
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,Intel Security (Intel Corporation)
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The cybersecurity services market consists of sales of cybersecurity services that are used in IT and telecommunications and other industries. Cybersecurity refers to the collection of technologies, processes and practices designed to secure networks, computers, software and data against online attacks, destruction or data theft. Cybersecurity can also be identified as the security of information technology.
The cybersecurity services market covered in this report is segmented by security type into network security; endpoint security; application security; cloud security; others. It is also segmented by user type into large enterprises; small & medium enterprises and by industry verticals into aerospace and defense; BFSI; public sector; retail; healthcare; IT and telecom; energy and utilities; manufacturing; others.
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What the report features:-
1. Global analysis of Cybersecurity Services Market from 2020 β 2023 illustrating the progression of the market.
2. Forecast and analysis of Cybersecurity Services Market by Dosage, Route of Administration and Application from 2020 β 2023.
3. Forecast and analysis of Cybersecurity Services Market in five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America.
Reason to Buy:
1. Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Cybersecurity Services Market.
2. Highlights key business priorities in order to assist companies to realign their business strategies.
3. The key findings and recommendations highlight crucial progressive industry trends in the Cybersecurity Services Market, thereby allowing players to develop effective long term strategies.
4. Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
5. Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
6. Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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