Press release
Cybersecurity Market expected to hit USD 396.92 Bn by 2029 from USD 187.6 Bn in 2022 at a CAGR of 11.3% during the forecast period
Cybersecurity Market Overview:Cybersecurity is a critical system that safeguards data on computers, servers, mobile devices, and other electronic and telecommunication systems from cyber-attacks. Also known as information technology security or electronic information security, this discipline offers diverse data protection solutions including network security, endpoint security, application security, and cloud security. The Cybersecurity Market's trajectory is driven by the surge in malicious attacks, the rapid digitization fostering an increased attack rate, and heightened awareness among small and medium enterprises (SMEs) regarding data protection. However, diverse attack methods and budget constraints in SMEs for cybersecurity solutions may pose limitations to market expansion.
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Cybersecurity Market Dynamics:
Growing Awareness and Stringent Government Regulations to Bolster the Cybersecurity Market
Noteworthy corporations across industrial, IT, and BFSI sectors have incurred substantial financial losses due to malicious attacks, underlining the imperative need for cybersecurity solutions. Consequently, awareness about deploying robust cybersecurity measures has risen among private companies. Furthermore, stringent government regulations pertaining to cybersecurity are expected to propel the market. Organizations are allocating significant resources to secure sensitive client data and projects, given the mounting threats of data breaches. Recent incidents, such as the unauthorized leakage of India's Aadhar details, underscore the indispensability of cybersecurity in every sector, thereby fueling the demand for cybersecurity solutions.
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Cybersecurity Market Segmentation:
by Components
Hardware
Software
Services
by Security Type
Endpoint Security
Cloud Security
Network Security
Application Security
Infrastructure Protection
Data Security
Others
by Solution
Unified Threat Management (UTM)
IDS/IPS
DLP
IAM
SIEM
DDoS
Risk And Compliance Management
Others
by Service
Professional Services
Design, Consulting and Implementation
Managed Services
by Deployment
Cloud-based
On-premises
by Organisation Size
SMEs
Large Enterprises
by Industry Vertical
IT & Telecom
Retail
BFSI
Healthcare
Defense/Government
Manufacturing
Energy
Media and Entertainment
Others
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Cybersecurity Market Key Players:
1. Palo Alto Networks
2. Fortinet
3. Cisco
4. CrowdStrike
5. IBM
6. Zscaler
7. Trend Micro
8. Okta
9. OneTrust
10. Rapid7
11. Tenable
12. KnowBe4
13. Darktrace
14. Check Point
15. Sophos
16. Broadcom
17. Microsoft
18. Amazon Web Services (AWS)
19. Oracle
Table of content for the Functional Ingredients Market includes:
1. Global Functional Ingredients Market: Research Methodology
2. Global Functional Ingredients Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Functional Ingredients Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Global Functional Ingredients Market Segmentation
• Global Functional Ingredients Market, by Components (2022-2029)
• Global Functional Ingredients Market, by Security Type (2022-2029)
• Global Functional Ingredients Market, by Solution (2022-2029)
• Global Functional Ingredients Market, by Service (2022-2029)
• Global Functional Ingredients Market, by Deployment (2022-2029)
• Global Functional Ingredients Market, by Organisation Size (2022-2029)
• Global Functional Ingredients Market, by Industry Vertical (2022-2029)
5. Regional Functional Ingredients Market (2022-2029)
• Regional Functional Ingredients Market, by Components (2022-2029)
• Regional Functional Ingredients Market, by Security Type (2022-2029)
• Regional Functional Ingredients Market, by Solution (2022-2029)
• Regional Functional Ingredients Market, by Service (2022-2029)
• Regional Functional Ingredients Market, by Deployment (2022-2029)
• Regional Functional Ingredients Market, by Organisation Size (2022-2029)
• Regional Functional Ingredients Market, by Industry Vertical (2022-2029)
• Regional Functional Ingredients Market, by Country (2022-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
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Regional Insights:
North America, with its strong presence of key cybersecurity players and early technological revolution, dominated the market in 2022 and is expected to continue its dominance during the forecast period (2023-2029). Cyber attacks surged post-COVID-19 pandemic disruptions, given the increased digitization, the rise of remote work, and Internet of Things (IoT) adoption. These factors are expected to drive the market growth in the region.
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by different segment | 2023-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Product
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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