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Emerging Trends to Drive Cybersecurity Mesh Market Growth at 17% CAGR Through 2029
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Cybersecurity Mesh Market Size Growth Forecast: What to Expect by 2025?
In the past few years, the cybersecurity mesh industry has seen a significant expansion. The market is projected to swell from $76.91 billion in 2024 to $87.08 billion in 2025, experiencing a compound annual growth rate (CAGR) of 13.2%. Factors such as a surge in cyber threats, adherence to regulatory compliance, a shortage in cybersecurity skills, incident response difficulties, and digital transformation have contributed to its growth during the historical period.
How Will the Cybersecurity Mesh Market Size Evolve and Grow by 2029?
In the upcoming years, a swift expansion is anticipated for the cybersecurity mesh market, estimated to reach $163.29 billion in 2029, affirmed by a 17.0% compound annual growth rate (CAGR). This spurt during the forecast period stems from diverse factors such as mitigation of ransomware threats, the requirement of security for edge computing, regulatory focus on cybersecurity, security for hybrid workforce, constant authentication, and readiness for quantum computing. Significant trends during this forecast timeline feature zero trust security models, cloud-native security, API security, the integration of threat intelligence, automation and orchestration, and behavioral analytics.
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What Drivers Are Propelling the Growth of Cybersecurity Mesh Market Forward?
The escalating frequency of cyberattacks is set to fuel the expansion of the cybersecurity mesh market. A cyberattack defines any endeavor to illegally gain access to a computer, computing system, or computer network with the intention of causing damage. Cybersecurity mesh offers the most practical and flexible approach to manage these risks at an enterprise scale. It enhances security throughout your infrastructure, allowing users to secure all systems and access points through a single, consolidated set of technologies. For example, in March 2023, the Federal Bureau of Investigation, an intergovernmental organization based in the US, recorded 800,944 cybercrime reports from the public. The projected damage from these cyber-attacks reached a staggering $10.2 billion in 2022, escalating from $6.9 billion in 2021. Therefore, the surge in cyberattack incidents is propelling the growth of the cybersecurity mesh market.
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Which Emerging Trends Are Transforming the Cybersecurity Mesh Market in 2025?
The incorporation of new technologies is a rising trend in the cybersecurity mesh market due to technological advancements. In order to maintain their market position, companies involved in the cybersecurity mesh market are turning to state-of-the-art technologies like automation. Automation allows businesses to identify and tackle threats more efficiently, thereby decreasing the likelihood of effective cyber-attacks. For example, BeyondTrust, a reputed identity management firm in the US, leveraged automation in cybersecurity mesh with the introduction of Password Safe 22.2 and BeyondInsight 22.2 in June 2022. Password Safe is an innovative password management solution enabling organizations to secure their passwords. It allows companies to automate the process of password rotation and credential management, lowering the chances of successful cyber-attacks. Conversely, BeyondInsight is a solution to manage vulnerabilities, helping enterprises detect and rectify network vulnerabilities. With the aid of BeyondInsight, businesses can automate vulnerability scans and analyses, thus minimizing the opportunity for a successful cyber-attack. Through the automation of these crucial cybersecurity procedures, BeyondTrust helps businesses to stay ahead in dealing with cyber threats.
What Are the Key Segments in the Cybersecurity Mesh Market?
The cybersecurity meshmarket covered in this report is segmented -
1) By Offering: Solutions, Services
2) By Deployment Type: Cloud Based, On-Premises
3) By Application: Large Enterprises, Small And Medium Enterprises
4) By Vertical: IT And ITeS, Banking, Financial Services and Insurance (BFSI), Healare, Energy And Utilities
Subsegments:
1) By Solutions: Identity And Access Management, Data Security Solutions, Network Security Solutions, Endpoint Security Solutions, Application Security Solutions, Threat Intelligence Solutions, Security Information And Event Management (SIEM),
2) By Services: Consulting Services, Managed Security Services, Incident Response Services, Security Training And Awareness, Compliance And Risk Management Services, Security Assessment Services.
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Who Are the Key Players Shaping the Cybersecurity Mesh Market's Competitive Landscape?
Major companies operating in the cybersecurity mesh market include Trend Micro Inc., Oracle Corporation, Fortinet Inc., Microsoft Corporation, Exium, Stefanini Group, International Business Machines Corporation, 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
What Geographic Markets Are Powering Growth in the Cybersecurity Mesh Market?
North America was the largest region in the Cybersecurity Mesh market in 2024. The regions covered in the cybersecurity mesh market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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