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Cybersecurity Market Size to Grow by USD 189.70 Bn, Broadcom Inc. and Cisco Systems Inc. Among Key Vendors - Technavio
[July 25, 2022]

Cybersecurity Market Size to Grow by USD 189.70 Bn, Broadcom Inc. and Cisco Systems Inc. Among Key Vendors - Technavio


NEW YORK, July 25, 2022 /PRNewswire/ -- The cybersecurity market is fragmented, and the vendors are deploying various organic and inorganic growth strategies to compete in the market. The cybersecurity market size is expected to grow by USD 189.70 billion from 2020 to 2025. In addition, the market will accelerate at a CAGR of 14.97% during the forecast period. 

View our Sample Report to explore additional aspects of the market

Market Segmentation

  • Cybersecurity Market Split by Deployment
    • On-premise: The on-premise segment will contribute the highest market share growth during the forecast period. 
    • Cloud-based
  • Cybersecurity Market Split by Geography
    • North America
    • APAC
    • Europe
    • MEA
    • South America

Top Key Players in the Cybersecurity Market are covered as:

Booz Allen Hamilton Holding Corp., Broadcom Inc., Cisco Systems Inc., Corporation Service Co., Fortinet Inc., HP Inc., Lockheed Martin Corp., McAfee LLC, Microsoft Corp., and The Boeing Co. The key offerings of some of these vendors are listed below:

  • Booz Allen Hamilton Holding Corp. - The company offers cybersecurity solutions through real-time cyber operations, leading-edge technical innovations, critical large-scale incident responses, and advanced cyber threat intelligence that helps keep businesses and missions secure, under the brand name of Booz Allen Hamilton.
  • Broadcom Inc. - The company offers cybersecurity solutions that deliver endpoint security, identity security, information security, and network security across on-premises and cloud infrastructures to provide complete and effective asset protection in the industry, under the brand name of Broadcom.
  • Cisco Systems Inc. - The company offers cybersecurity solutions using a cloud-native, built-in platform that connects the Cisco Secure portfolio and one's infrastructure, which allows to radically reduce dwell time, human-powered tasks, and protection from cyber crimes, under the brand name of Cisco.
  • Corporation Service Co. - The company offers cybersecurity solutions that focus on global government defense and prevents continued attacks on agencies, which results in breaches that impact the security of a nation and the wellbeing of its citizens under the brand name of CSC.
  • Fortinet Inc. - The company offers cybersecurity solutions that complement the power and scalability of cloud providers by breaking down the barriers that complicate security visibility across an organization's entire infrastructure and improve security lifecycle management with full automation capabilities under the brand name of Fortinet.

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View our Sample Report

Parent Market Analysis

Technavio categorizes the global cybersecurity market as a part of the global information technology (IT) spending market. The parent global IT spending market covers revenue generated from the sales and subscription of IT services, communications services, cloud services, IT hardware, and IT software. 

Imperative Insights on the following aspects:

  • What was the size of the global cybersecurity industry by value in 2020?
  • What will be the size of the global cybersecurity industry in 2025?
  • What factors are affecting the strength of competition in the global cybersecurity industry?
  • How has the industry performed over the last five years?
  • What are the main segments that make up the global cybersecurity market?

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Cybersecurity Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 14.97%

Market growth 2021-2025

USD 189.70 billion

Market structure

Fragmented

YoY growth (%)

12.69

Regional analysis

North America, APAC, Europe, MEA, and South America

Performing market contribution

North America at 35%

Key consumer countries

US, China, UK, Germany, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Booz Allen Hamilton Holding Corp., Broadcom Inc., Cisco Systems Inc., Corporation Service Co., Fortinet Inc., HP Inc., Lockheed Martin Corp., McAfee LLC, Microsoft Corp., and The Boeing Co.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.


Table of Content:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Deployment

  • Market segments
  • Comparison by Deployment
  • On-premise - Market size and forecast 2020-2025
  • Cloud-based - Market size and forecast 2020-2025
  • Market opportunity by Deployment

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2020-2025
  • APAC - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Booz Allen Hamilton Holding Corp.
  • Broadcom Inc.
  • Cisco Systems Inc.
  • Corporation Service Co.
  • Fortinet Inc.
  • HP Inc.
  • Lockheed Martin Corp.
  • McAfee LLC
  • Microsoft Corp.
  • The Boeing Co.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations


About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact Us:

Technavio Research
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UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

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SOURCE Technavio


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