As per a survey conducted by the … The report includes the market size, regional share, recent trends, growth value, and industry overview. – IS Data Security and Network Manager, Retail industry, 500M – 1B USD firm size. Findings include: the number of UK cyber security companies 5 . The cyber security market for managed services is projected to grow at higher pace as compared to professional services. Cyber security offers security in areas of application, network, endpoint, cloud, wireless, and others. The EPP market size is estimated to grow from 3.17 billion U.S. dollars in 2015 to 3.6 billion in 2020, while the market revenues for EDR are forecast to … 10 According to Cybersecurity Ventures’ 2019 … This marks the 21 st time in the company’s history to be named a Leader by Gartner.. We believe, Gartner’s recently published 2020 Magic Quadrant for Network Firewalls report lauds Check Point for its consolidated architecture, complete cloud security offering … "In the current scenario, North America … Between 2017 and 2020, sector revenue grew by $800 million - from $2.8 billion to $3.6 billion. Consulting firm, MarketsandMarkets, have estimated the cyber security market to grow to £120 billion by 2020, at a compound annual growth rate of 9.8% from 2015 to 2020. In fact, according to Gartner, by 2025, 75% of OT security solutions will be interoperable with IT security solutions and delivered via multifunction platforms.. Gartner, another market research firm, also expected a growth with a predicted global IT security expenditure of $101 billion (£71 billion) by 2018. The global cyber security market size is expected to showcase significant growth by reaching USD 366.10 billion by 2028. All rights reserved. Security information and event management (Siem) was the fastest-growing segment of the global security market in 2015, according to research firm Gartner… Pre & Post Covid-19 Impact and Recovery Analysis (Estimates) is Covered in cyber security Market Research Report. The market continues to adapt to the challenges facing organizations around: An increasingly complex IT environment that includes SaaS and IaaS, and the expansion into nontraditional IT domains; The growing hostile external landscape; The ongoing issues of a lack of … While it is seemingly small in proportion to its total IT market size (at Increasing demand for robust and secure networks by enterprises for safe data accessibility is likely to fuel the industry demand. The cybersecurity market grew by roughly 35X over 13 years entering our most recent prediction cycle.” 8 Worldwide spending on data security tools and services will extend more than $114 billion (USD) in 2018, an increase of 12.4 % from 2017. The European cyber security market of products and services protecting organisations from such breaches was worth $22bn in 2016 and is expected to grow at 8% Australian cybersecurity spending to reach $3.8 billion in 2018: Gartner. Jess Bolton June 17, 2021. The UK Cyber Security Sectoral Analysis provides an estimate of the size and scale of the UK cyber security industry. Cyber Security Market size exceeded USD 150 billion in 2019 and it is estimated to grow at over 15% CAGR between 2020 and 2026. The Gartner Market Guide highlights notable products and services operating in an emerging category or market. According to Cyber Security Hub, Grand View Research predicted that spending on threat intelligence products and services will reach $12.6 billion by 2025. Based on component, the solutions segment dominated the overall cyber security market size in 2019 and is expected to remain dominant during the forecast period, due to increase in need to monitor external and in-house threats for large as well as small & medium enterprises. Its only appearance on Gartner MQs is as a Leader in security … Cyber Security Market - The Global Cyber Security Market size is expected to grow from USD 158,425.94 Million in 2019 to USD 267,420.59 Million by the end of 2025 at a … Gartner Magic Quadrant: “a graphical competitive positioning of vendors in markets where growth is high and provider differentiation is distinct” . The Singaporean cyber security market alone is projected to be worth A$913 million by 2020. The AI in cyber security market is projected to generate a revenue of $101.8 billion in 2030, increasing from $8.6 billion in 2019, progressing at a … Worldwide spending on information security products and services will reach more than $114 billion in 2018, an increase of 12.4 percent from last year, according to the latest forecast from Gartner, Inc. And IBM hit the road with the X-Force Command Cyber Tactical Operations Center, a mobile security operations center (SOC) that offers training in the U.S. … Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise … Big Data Security Market Size And Forecast. Request Download Sample Ask For Discount Company Profile. _____ 1 Gartner, “Market Share: Security Consulting Services, Worldwide, 2020”, Elizabeth Kim, 6 April 2021 Contacts Brett Ater (913) 304-7683 Brett.ater@optiv.com Media@optiv.com ). In reality, a lot more people should be concerned with cybersecurity and not just the big corporations. A new report from Gartner sheds light on these challenges and explores cyber security trends where priorities and investments are steered by business outcomes, not technology or open checkbooks. Cyber Security Market Size and Growth 2021-2028 | Top Vendors – Risk Vision, Safer Social, Webroot Software, TitanHQ, Netikus.net, Horangi Cyber Security, Netwrix, Trend Micro. Research firm Gartner projects that the world will spend $101 billion on information security in 2018. The cyber security market is estimated to grow to $170 billion (USD) by 2020, at a Compound Annual Growth Rate (CAGR) of 9.8% from 2015 to 2020, according to a report from Markets and Markets. Get more details on this report - … Worldwide spending on information security products and services will reach over US$114 billion in 2018, an increase of 12.4 percent from last year, according to recent forecasts from Gartner, a market researcher. Verizon uses a global network of SOCs, with three SOCs in the U.S., four in the Asia/Pacific region (India and Australia), and two in Europe (Luxembourg and Germany). Big Data Security Market was valued at USD 17.38 Billion in 2019 and is projected to reach USD 57.29 Billion by 2027, growing at a CAGR of 17.35% from 2020 to 2027.. Among the organization size segments, the large enterprises segment accounted for comparatively larger revenue share in the global market in 2020, owing to availability of capital investments by these firms in data analysis and need for appropriate cyber-security solutions for large volume of data generated by these organizations. homeland security market size was $238 billion in 2014. Gartner Market Guide for Network Detection and Response (NDR) 2020. Check Point Software Technologies is proud to be named a Leader in the 2020 Magic Quadrant for Network Firewalls (NFW). India has the world’s second largest population, and a very small cybersecurity economy. It is worth mentioning that the growing number of cyber-attacks, coupled to the increasing penetration of internet of things (IoT), bring your own devices (BYOD) and artificial intelligence (AI), are some of the factors driving the cybersecurity market. Proofpoint offers email protection, network sandboxing, security awareness training, cloud protection and more. Cyber Security market is estimated to be US$100 billion in 2017 and to grow to US$173 billion in 2022 at a CAGR of 11.6%. Worldwide spending on information security and risk management technology and services will continue to grow through 2020, although at a lower rate than previously forecast, according to Gartner, Inc. Information security spending is expected to grow 2.4% to reach $123.8 billion in 2020 (see Table 1). According to the Gartner report, “The MSS market is mature, with an estimated market size of $10.7 billion in 2018. According to the report, global demand for cyber security market was valued at approximately USD 140.2 Billion in 2019 and is expected to … Share of businesses with unknown cyber security breach source in the UK 2019, by size Cyber security government incentive support among small U.S. businesses 2015 IT … Twitter “The global Internet of Things (IoT) security market should reach $51.2 billion by 2025 from $16.2 billion in 2020 at a compound annual growth rate (CAGR) of 25.9% for the forecast period of 2020 to 2025” Gartner Gartner Top Strategic Technology Trends for 2021 (19 Oct 2020) Address the Increasing Cyber Risk Presented by […] Organizations are experiencing more complex and targeted attacks in which traditional security approaches are not enough to stop bad actors. Network Detection and Response (NDR) is a new and fast-growing market. The cybersecurity market was valued at USD 156.24 billion in 2020, and it is expected to reach USD 352.25 billion by 2026, registering a CAGR of 14.5% during 2021-2026. Gartner estimates that the MSS market size has grown by 8.3% in 2020, reaching $12.7 billion in revenue. Conclusion. Gartner defines EPP as “solutions deployed on endpoint devices to harden endpoints, to prevent malware and malicious attacks, and to provide…investigation and remediation capabilities.” Cloud Security is the smallest, fastest-growing cybersecurity market segment with market size of $439M last year. Increasing demand for robust and secure networks by enterprises for safe data accessibility is likely to fuel the industry demand. The global cybersecurity market is predicted to grow from $167.1B in 2019 to $248.26B by 2023, attaining a 10.4% CAGR, according to Statista. “Global cyber security market size is expected to gain market growth in the forecast period of 2021 to 2027, with a CAGR of 19% in the forecast period of 2021 to 2027 and will expected to reach USD XXX million by 2027″ Pune, India, May 24, 2021 (GLOBE NEWSWIRE) -- The global cyber security market size is set to experience speedy growth from USD 165.78 billion in … The growth of the market can be attributed to the growing sophistication of cyberattacks In its latest forecast report, Gartner projects total Information Security to reach $2,199 mn ( 8.8% growth) compared to 2020. Read the Gartner Market Guide for Cloud Workload Protection Platforms to gain an understanding of: Why security platforms designed solely for protecting end-user devices aren’t enough to protect hybrid cloud workloads. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and is used herein with permission. The market watcher has published its top seven security and risk management trends for the year. We've been recognised in the 2020 Gartner Market Guide for Security Awareness Computer-Based Training. The global Endpoint Security market was valued at USD 13.96 billion in 2020, and it is expected to reach USD 22.21 billion by 2026, registering a CAGR of 8.0%. As organizations worldwide become more and more aware of the risks posed by the lack of protection against cyber threats, information security spending will continue to increase, Gartner forecasts. Sources: Gartner, IBISWorld, AustCyber's Digital Census 2020, AlphaBeta analysis . Depending on industry and region, managers may also consider security discretionary and postpone these investments. Field Programmable Gate Array (FPGA) in Cyber Security Market Size, Share, Growth, Global Emerging Technologies, Global Regional Trends, Sales … Gartner Highlights MSSP Opportunity As Security Market Set To Hit $86.4B In 2017. Spending on cloud security will reach $30 mn ( 250.3% growth). Numerous small and medium businesses across the globe encountered permanent and temporary shutdowns. Within Asia, we assessed Singapore’s cybersecurity market size to be around S$570m in the same year. Cybersecurity is the combination of various technologies, techniques and parameters set forth to prevent attacks; restrict the effects of potential cyber-attacks while limiting the chances of any unauthorized access. Endpoint security solutions market is growing at an annual rate of 8% , from a total size of 6.5 billion USD in 2018 to an estimated 13 billion by 2022. Worldwide spending on information security (a subset of the broader cybersecurity market) products and services exceeded $114 billion in 2018, an increase of … The trends for IoT, BYOD, AI, and machine learning in cybersecurity are increasing. Cyber Security Market size exceeded USD 150 billion in 2019 and it is estimated to grow at over 15% CAGR between 2020 and 2026. The cyber security market is estimated to grow to … With new technologies and software being adopted by businesses around the world, the number of vulnerabilities for cyber-criminals to exploit will grow multiple times. SentinelOne was named a Leader in the 2021 Gartner Magic Quadrant for EPP. But they are a nation to watch for cybersecurity market growth. Cyber Security Sectoral Analysis 2020. Verizon’s … Gartner, Market Guide for Mobile Threat Defense, 29 March 2021, Dionisio Zumerle, Rob Smith. Data security is an … The cyber security market size will magnify due to the rising need to comply with data privacy laws. Important Cyber Security Facts. The firm’s X-Force Red team recently deployed Onapsis cybersecurity technology to offer ERP penetration tests for SAP & Oracle applications. Cyber Security Market Size and Growth (2020 – 2025) Global Cyber Security market expected to reach $254.21 billion by 2025, growing at a CAGR of 11.54% during the forecast period. UK cyber security: Public sector market size 2010-2017, by segment Argentina: cybersecurity strategy maturity level 2020, by area Further Content: You might find this interesting as well Growth in spending is reflected in the local sector's revenue, which has risen by $800 million since 2017. Artificial Intelligence in Cyber Security Market Size And Forecast. 8. Gartner research VP Peter Firstbrook said the trends pinpoint ongoing strategic shifts in the market that are not yet widely recognised, but are expected to have broad industry impact and significant potential for disruption. APAC Cybersecurity Market share estimated to be over USD 35 billion in 2019 and is expected to register a lucrative growth between 2020 and 2026 at a CAGR of over 20%.. Cybersecurity Market, By Network Security . New Jersey, United States,- The Verified Market Reports report predicts that the Cyber Security Market will find … Operational technology security products and services continue to evolve rapidly. Research firm Gartner projects that the world will spend $101 billion on information security in 2018. Gartner report on Security Awareness Computer-Based Training names Cyber Risk Aware as leading player October 2020 by Marc Jacob Gartner released it’s 2020 Security Awareness Training Market Guide tackling the complexity of the cybersecurity market for CSOs and highlighting Cyber Risk Aware’s platform for being innovative, unique and a leader in cyber security awareness … IT security and cyber risk defense are becoming more critical in today's changing digital environment. According to the IT research and advisory firm, global IT security spending will reach $71.1 billion this year, which represents an increase of 7.9% compared to 2013. [244 Pages Report] MarketsandMarkets forecasts the Cybersecurity Market to grow from USD 152.71 billion in 2018 to USD 248.6 billion by 2023 at a CAGR of 10.2% from 2018 to 2023. This is down from the 8.7% growth Gartner projected in its December 2019 forecast … Rapid Adoption of Security Solutions Across Healthcare and Government Sector to Boost Demand The COVID-19 epidemic severely affected the overall behavior of consumers and providers. Interpretation of a large volume of data in a complex environment is a major … Published: 14 Jul 2016 13:30. Market researchers size information security spending A Gartner report projected global spending on “IT security” products and services would top $81 billion in 2016 , an increase of 7.9% over the prior year (this is not a “cybersecurity” projection that would include all aspects of cyber defense i.e. Gartner: 10 Biggest Cybersecurity Consulting Companies By Revenue. Gartner Market Guide for Operational Technology Security, January 2021. More than 39,000 organizations of all sizes, across a variety of industries, trust Mimecast to identify and stop cyber threats before they affect business operations. competitive cyber security market servicing both local and multinational business. Radiflow Recognized as a Representative Vendor in Gartner’s Market Guide for Operational Technology Security August 31, 2018 Hugh … 9 According to Gartner (2019), the market is forecast to grow 8.7 percent to $124 billion. In this dynamic context, Atos has long placed cybersecurity at the core of its strategy. Ransomware Statistics. Next year, spending will … The security market grew 5.3% in 2014, touching $21.4 billion in revenue, according to Gartner’s Market Share: All Software Markets, Worldwide, 2014 report. The global Internet Security market size was estimated at USD 137.63 billion in 2019 and is expected to reach 248.26 billion by 2024, growing at a rate of 10.54% CAGR. Asia Pacific Cybersecurity Market is poised to reach USD 39.554 billion by 2024. DUBLIN–(BUSINESS WIRE)–The “Aviation Cyber Security Market – Size, Share, Outlook, and Opportunity Analysis, 2021 – 2027” report has been added to ResearchAndMarkets.com’s offering.Increasing adoption of cloud computing networks and services drives the growth of aviation cyber security market. Artificial Intelligence in Cyber Security Market was valued at USD 4.89 Billion in 2018 and is projected to reach USD 40.61 Billion by 2026, growing at a CAGR of 30.12 % from 2019 to 2026.. Cyber security market in India – driving factors The cyber security market is crucial to ensuring India’s stature as one of the world’s leading investment hubs, as well as the security of its major sectors, and is expected to become more pronounced and grow exponentially. Market Overview. Cyber security, also referred to as IT security, emphasizes on safeguarding computers, programs, networks, and data from unlicensed or spontaneous access. The Asia Pacific Cyber Security market is expected to outperform the global market Dublin, July 19, 2019 -- The "Global Cyber Security Market: Size, Trends and Forecasts (2019-2023)" report has been added to ResearchAndMarkets.com's offering.. In the Gartner 2021 Board of Directors Survey, directors rated … consumers, IoT devices, automobiles, etc. Gartner’s Market Guide for Email Security 2019 reaffirms that an increasing number of organizations are migrating their email platforms to the cloud. How risks enter the picture in a cloud environment – and what those risks might entail. A total of 480 respondents participated in the survey, from eight countries: Australia, Canada, France, Germany, India, Singapore, the U.K. and the U.S. ** Effective July 2018, Gartner added segments to the security software forecast and transitioned to reporting end-user spending. Cyber Concern Drives Legacy System Protection Market. Cyber-savvy board of directors. Gartner offers similar figures. From: Department for Digital, Culture, Media & … Phishing Statistics. ICS Security Market size is set to surpass USD 12 billion by 2026, according to a new research report by Global Market Insights, Inc.. ICS security includes the security and management of Supervisory Control & Data Acquisition (SCADA) systems, distributed control systems, and programmable logic controllers. Governments across the world have implemented new cyber laws and amended the existing ones to offer a better security ecosystem. Gartner says data security spending to reach $114 billion this year.

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