Cybersecurity Market Size to Grow by USD 189.70 Billion, Booz Allen Hamilton Holding Corp. and Broadcom Inc. Among Key Vendors – Technavio – PR Newswire




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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

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:
Buy report to get access to a full list of key vendors, their strategies, and the latest developments
Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. Download a FREE PDF Sample Report
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.
The cybersecurity market report covers the following areas:
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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).
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 countries
US, China, UK, Germany, and Japan
Competitive landscape
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key 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 recovery analysis and future consumer dynamics, and Market condition analysis for the 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.
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.
Browse Information Technology Market Reports
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Deployment
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide 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
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
Newsroom: https://newsroom.technavio.org/news/top-drivers-for-cybersecuritymarket
SOURCE Technavio
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