Cybersecurity Market Growth, Share, Trends and Insights 2032 | Key Players- Capgemini, Cognizant, HCL Technologies Limited

The Cybersecurity Market research provides a comprehensive analysis of the industry vertical, with a focus on the growth matrix and global advancements. The research gives market players a competitive advantage by providing a complete overview of development potential and market trends.

The research provides in-depth analysis of the Cybersecurity industry as well as key market trends. Historical and future market data, information, pricing trends, and company shares are all included in the market study.

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Key Drivers-

The growing number of e-commerce platforms, as well as technological advancements such as artificial intelligence, cloud computing, and blockchain, have augmented internet security solutions in a network infrastructure. Furthermore, e-commerce businesses are focusing on incorporating network security solutions into their IT and electronic security systems.
For example, in September 2020, Askul Corp. implemented Shadankun, an advanced network security solution developed by Cyber Security Cloud, Inc., in their business unit to protect their assets from cyber threats. The increasing use of these technologies to combat cyber threats is fueling demand for network security solutions. Governments in India, Germany, France, Israel, and Brazil, among others, are investing in internet security solutions to protect their vast amounts of confidential data and information.

According to a European Cyber Security Organization report, the government of the United Kingdom will spend approximately USD 2.30 billion in 2020 to carry out various network and internet security projects in defense and research. This investment will help to drive the overall adoption rate of IT security solutions across multiple industries, which will favor the growth of the global cyber security market during the forecast period.

Recent Development

• In May 2022, Cisco launched a new product named Cloud Controls Framework (CCF). The Cisco CCF is a comprehensive framework aggregating international and national security compliance and certification standards. It enables teams to ensure that cloud goods and services fulfil security and privacy standards through a streamlined and rationalized compliance and risk management strategy, saving considerable costs.

• In April 2022, Palo Alto Networks launched a new product named Okyo Garde Enterprise Edition. It reduces the possibility of lateral migration by protecting the business network from the employee's personal network at home. It also helps in protecting the unmanaged work equipment at homes, such as printers, VoIP phones, and hardware prototypes.

• In February 2022, IBM launched a product named IBM Security X-Force Threat Intelligence Index. It helps clients understand emerging threats and quickly make informed security decisions combined with IBM security operations telemetry, research, incident response investigations, commercial data, and open sources. It unveiled various insights regarding the threat landscape in Asia.

Key Players-

The report includes competition among the market's leading participants, and information on consumer purchasing power. The market research report also includes the newest strategic advancements and trends of the market participants. The report assists purchasers in the worldwide market in charting their next steps toward the market's future position.

Major Companies- Capgemini, Cognizant, HCL Technologies Limited, IBM Corporation, Symantec Corporation, Tata Consultancy Services, Wipro Limited, others

Market Segmentation-

The study forecasts global Cybersecurity market revenues in 2032, as well as specific market share and penetration projections for various segments and geographies in the market. For each segment during the forecast period, the study highlights existing trends as well as possible drivers and challenges that could contribute to growth or fall of the market segments.

• By Component (Solutions and Services)
• By Solution/Offerings (Identity and Access Management, Infrastructure Security, Governance, Risk, & Compliance, Unified vulnerability management service offering, and Data security and Privacy service offering)
• By Deployment type (Cloud and On-Premises)
• By Organization Size (Large enterprises and Small & Medium enterprises)
• By Industry Verticals (Aerospace and Defense, BFSI, Public sector, Retail, Healthcare, IT and Telecom, Energy and Utilities, Manufacturing, and Others)

Regional Analysis

North America (US, Canada, Mexico), Market size, Growth Market size, growth & Opportunity Analysis, Future forecast & Opportunity Analysis

Europe (Germany, Russia, UK, France, Italy, Spain, The Netherlands, Rest of Europe), Market size, growth, Future forecast & Opportunity Analysis

Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Rest of Asia Pacific), Market size, Future forecast & Opportunity Analysis

Middle East and Africa (UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa), North Africa, South Africa, Rest of Middle East and Africa), Market size, Future forecast & Opportunity Analysis

South America (Brazil, Argentina, Colombia, Rest of South America), Market size, Future forecast & Opportunity Analysis

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Frequently Asked Questions
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This release was published on openPR.