Global Cybersecurity Services Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global Cybersecurity Services Market Report by The Business Research Company covers cybersecurity services market drivers and restraints, cybersecurity services market size, major players, and the impact of COVID-19 on the cybersecurity services market.
The cybersecurity services market consists of sales of cybersecurity services and related products by entities (organizations, sole traders and partnerships) that provide cybersecurity services to individual customers and businesses. Cybersecurity is the practice of protecting networks, computers, programs, mobile devices, hardware, electronic systems and data from unauthorized and/or unintended access or malicious attacks. It is also known as electronic information security and information technology security.
The global cybersecurity services market reached a value of nearly $66,867.0 million in 2019, having increased at a compound annual growth rate (CAGR) of 9.4% since 2015. The market is expected to increase from $66,867.0 million in 2019 to $91,094.2 million in 2023 at a rate of 8.0%. The market is expected to grow at a CAGR of 10.4% to nearly $1,10,990.2 million by 2025, and at a CAGR of 10.4% to $ 1,82,329.8 million by 2030.
The increasing incidence of massive cyber-attacks is a key factor driving the growth of the cybersecurity services market. While the primary motives behind cybercrimes include political competition, negative credibility, foreign competition and radical involvement of religious groups, most cyber-attacks are for financial gain.
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Some cybersecurity services market trends include leveraging AI, machine learning and blockchain technologies for cyber defense and cloud-based cybersecurity services.
Global cybersecurity services market segments include:
1) By Security Type – Network Security, Endpoint Security, Application Security, Cloud Security, Others
2) By User Type – Large Enterprises, Small & Medium Enterprises
3) By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Cybersecurity Services Global Market Report 2021: Forecast To 2030 is one of a series of new reports from The Business Research Company that provides cybersecurity services market overviews, analyzes and forecasts market size, share, cybersecurity services market players, cybersecurity services market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The cybersecurity services identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Cybersecurity Services Global Market Report 2021: Forecast To 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: International Business Machines Corporation, Microsoft Corporation, Oracle Corporation, Palo Alto Networks, Inc., Cisco Systems, Inc.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Cybersecurity Services Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Cybersecurity Services Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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