Cybersecurity Mesh Market Report 2024 - Cybersecurity Mesh Market Demand, Trends, And Forecast

"The Business Research Company recently released a comprehensive report on the Global Cybersecurity Mesh Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

According to The Business Research Company's, The cybersecurity mesh market size has grown rapidly in recent years. It will grow from $68.18 billion in 2023 to $78.58 billion in 2024 at a compound annual growth rate (CAGR) of 15.3%. The growth in the historic period can be attributed to increased cyber threats, regulatory compliance, cybersecurity skills gap, incident response challenges, digital transformation.

The cybersecurity mesh market size is expected to see rapid growth in the next few years. It will grow to $139.25 billion in 2028 at a compound annual growth rate (CAGR) of 15.4%. The growth in the forecast period can be attributed to ransomware threat mitigation, edge computing security needs, regulatory emphasis on cybersecurity, hybrid workforce security, continuous authentication, quantum computing preparedness. Major trends in the forecast period include zero trust security models, cloud-native security, api security, threat intelligence integration, automation and orchestration, behavioral analytics.

Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/cybersecurity-mesh-global-market-report

Market Drivers and Trends:
The increasing incidences of cyberattacks are expected to propel the growth of the cybersecurity mesh market. A cyber-attack is any effort to obtain illicit access to a computer, computing system, or computer network to do harm. Cybersecurity mesh is the most feasible and adaptable strategy for dealing with these enterprise-level organization risks. It expands security across your architecture, enabling users to safeguard all systems and points of access with a single, unified set of technologies. For instance, in March 2023, the Federal Bureau of Investigation, a US-based intergovernmental organization, received 800,944 reports of cybercrime from the general population. The total possible damage from cyber-attacks in 2022 has risen to $10.2 billion, up from $6.9 billion in 2021. Moreover, in July 2021, according to the cybersecurity threatscape report by Positive Technologies, a Russia-based cybersecurity company, the number of cyberattacks increased by 17% in Q1 of 2021 compared to Q1 of 2020, and it increased by 1.2% as compared to Q4 2020. Therefore, the increasing incidences of cyberattacks are driving the growth of the cybersecurity mesh market.

Technological advancements are a key trend gaining popularity in the cybersecurity mesh market. Companies operating in the cybersecurity mesh market are adopting new technologies, such as automation, to sustain their position in the market. Automation can help organizations detect and respond to threats more quickly and effectively, reducing the risk of a successful cyber-attack. For instance, in June 2022, BeyondTrust, a US-based identity management company, automated the cybersecurity mesh with the launch of Password Safe 22.2 and BeyondInsight 22.2. Password Safe is a password management solution that helps organizations manage their passwords securely. With Password Safe, businesses can automate password rotation and credential management, reducing the risk of a successful cyber-attack. BeyondInsight, on the other hand, is a vulnerability management solution that helps businesses identify and address vulnerabilities in their network. With BeyondInsight, businesses can automate vulnerability scanning and analysis, reducing the risk of a successful cyber-attack. BeyondTrust assists businesses in staying ahead of cyber threats by automating these vital cybersecurity processes.

Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.

Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=10189&type=smp

Major Key Players of the Market:
Trend Micro Inc.; Oracle Corporation; Fortinet Inc.; Microsoft Corporation; Exium; Stefanini Group; International Business Machines Corporation; Smartz Solutions; E-Spin Nanotech Pvt. Ltd.; Forcepoint; GCA Technology Services; SonicWall; Naoris Protocol; Palo Alto Networks; Zscaler; Ivanti; Cato Networks; Aryaka Networks Inc.; SailPoint Technologies Inc.; AppgateInc.; Mesh Security; Primeter 81; Check Point Software Technologies Ltd.; Cisco Systems Inc.; McAfee Corp.; Trellix; Bocasay; Abcam plc; Bio-Rad Laboratories Inc.

Cybersecurity Mesh Market 2024 Key Insights:
• The cybersecurity mesh market size will grow to $139.25 billion in 2028 at a compound annual growth rate (CAGR) of 15.4%.
• Escalating Cybersecurity Threats Drive Growth In The Cybersecurity Mesh Market
• Technological Advancements In Cybersecurity Mesh Market
• North America was the largest region in the Cybersecurity Mesh market in 2023

We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=10189&type=smp

Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ"

This release was published on openPR.