Cybersecurity Market Size to Grow by USD 189.70 Billion, Booz Allen Hamilton Holding Corp. and Broadcom Inc. Among Key Vendors - Technavio
NEW YORK, Nov. 22, 2022 /PRNewswire/ -- The cybersecurity market size is projected to grow by USD 189.70 billion from 2020 to 2025. In addition, the growth momentum of the market will accelerate at a CAGR of 14.97% during the forecast period, according to Technavio. The report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment. Request a Free Sample Report
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Cybersecurity Market 2021-2025: Vendor Analysis
In a bid to help players strengthen their market foothold, this cybersecurity market forecast report provides a detailed analysis of the leading market 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., and The Boeing Co. are some of the major market participants. The key offerings of a few of these vendors are mentioned below:
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Cybersecurity Market 2021-2025: Segmentation
Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. Download a FREE PDF Sample Report
Cybersecurity Market 2021-2025: Key Market Driver
Adherence to regulatory requirements is driving the growth of the market. Large enterprises with global operations have to comply with the regulations imposed by different regulatory authorities. Any breach of compliance can lead to financial losses and regulatory action. Therefore, companies are securing their network perimeters and applications to prevent compliance-related breaches. In addition, with the rising number of incidents related to data theft and insider fraud, regulatory authorities may tighten their compliance regulations. This will encourage more end-users to adopt advanced security solutions such as cybersecurity solutions. Some of the regulations enforced by governments and regulatory bodies in North America to maintain data security include The Family Educational Rights and Privacy Act, HIPAA, and Gramm-Leach-Bliley Act.
Cybersecurity Market 2021-2025: Scope
The cybersecurity market report covers the following areas:
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Cybersecurity Market 2021-2025: Key Highlights
Artificial Intelligence-based Cybersecurity Market by End-user and Geography - Forecast and Analysis 2021-2025: The artificial intelligence-based cybersecurity market share is projected to increase by USD 18.94 billion from 2020 to 2025. This report extensively covers segmentation by end-user (BFSI, government, ICT, healthcare, and others) and geography (APAC, North America, Europe, South America, and MEA).
Automotive Cybersecurity Market by Application and Geography - Forecast and Analysis 2021-2025: The automotive cybersecurity market share is projected to increase by USD 1.91 mn from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 16.58%. This report extensively covers segmentation by application (passenger vehicles and commercial vehicles) and geography (North America, APAC, Europe, South America, and MEA).
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Table of Contents
Five Forces Analysis
Market Segmentation by Deployment
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