Cybersecurity Market Benefits From The Global Investments In Cybersecurity Solutions


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Cybersecurity Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026

The Business Research Company's Cybersecurity Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026

LONDON, GREATER LONDON, UK, May 4, 2022 /EINPresswire.com / -- The rising scale of cyber threats is generating higher demand for cybersecurity solutions. Cyberattacks on individuals, companies, and governmental organizations are increasing and resulting in huge financial losses. According to Kaspersky, the global cyber threats are developing rapidly with the mounting number of data breaches. It is projected that global spending on cybersecurity is expected to grow. According to the global cybersecurity market analysis, rising spending on cybersecurity solutions attributing to the increasing threat of cyberattacks is projected to propel the revenues for the market during the forecast period.

Increasing government investments in cybersecurity solutions is a major trend shaping the growth of the cybersecurity industry. The government funding will help to detect future threats and mitigate their effects including terrorism, financial extortion, and damaging established systems. Thus, increasing investments by the governments globally are likely to create large avenues for expansion for the players operating in the cybersecurity market over the forthcoming years.

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The global cybersecurity market size is expected grow from $181.12 billion in 2021 to $201.33 billion in 2022 at a compound annual growth rate (CAGR) of 11.2%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The cybersecurity market share is expected to reach $307.70 billion in 2026 at a CAGR of 11.2%.

Major players covered in the global cybersecurity industry are AVG Technologies NV, Check Point Software Technologies, Cisco Systems, CyberArk, F5 Networks, FireEye, Forcepoint, Fortinet, F-Secure, IBM Corporation, Imperva, Juniper Networks, McAfee, Micro Focus, Microsoft, Oracle, Palo Alto Networks, Proofpoint, Qualys, Rapid7, RSA Security, Sophos, Splunk, Symantec and Trend Micro.

TBRC's global cybersecurity market report is segmented by solution into network security, cloud application security, end-point security, secure web gateway, internet security, others, by enterprise size into small and medium enterprise, large enterprise, by deployment type into cloud, on premises, by end-use into BFSI, IT and telecommunications, retail, healthcare, government, manufacturing, travel and transportation, energy and utilities, others.

Cybersecurity Global Market Report 2022 – By Solution (Network Security, Cloud Application Security, End-point Security, Secure Web Gateway, Internet Security), By Enterprise Size (Small & Medium Enterprise, Large Enterprise), By Deployment Type (Cloud, On Premises), By End-Use (BFSI, IT & Telecommunications, Retail, Healthcare, Government, Manufacturing, Travel and Transportation, Energy and Utilities) – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides a cybersecurity market overview, forecast cybersecurity market size and growth for the whole market, cybersecurity market segments, geographies, cybersecurity market trends, cybersecurity market drivers, cybersecurity market restraints, leading competitors' revenues, profiles, and market shares.

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