IT & Telecom Cyber Security Market Size, Share & Trends Analysis … – Business Wire




DUBLIN–()–The “IT & Telecom Cyber Security Market Size, Share & Trends Analysis Report by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa), and Segment Forecasts, 2022-2030” report has been added to ResearchAndMarkets.com’s offering.

The global IT & telecom cyber security market size is expected to reach USD 82.64 billion by 2030, expanding at a CAGR of 12.1% from 2022 to 2030
Expansion of telecom networks, emerging BYOD trend, and the emergence of 5G technology are anticipated to increase the network traffic and create loopholes, thereby increasing the risk of cyber-attacks.
Additionally, IT & telecom companies are increasing investments in deploying advanced cyber security solutions to tackle the varied nature of threats and keep up with the evolving threat landscape.
The emergence of 5G technology has prompted several organizations to opt for edge computing and shift workloads to cloud networks. Cloud platforms also expose enterprises to various threats across interlinked networks.
Additionally, with increased usage of digital services, several devices are connected over private unsecured networks and use cloud services to store any information or data. This increases the risk of vulnerabilities for cloud networks, in turn exposing the IT & telecom companies to cyber threats, which is expected to drive the adoption of cyber security solutions in the sector.
Several governments have imposed stringent data protection laws to regulate the telecom sector and safeguard consumer data. For instance, the German government released a data protection law in December 2021, the Telecommunications Telemedia Data Protection Act (TTDSG), which regulates the protection of privacy and confidentiality while using the internet-ready terminal infrastructure, including smart home devices, messenger services, and websites.
As such, the increasing risk of cyber-attacks and stringent data protection laws are expected to compel several IT & telecom firms to adopt cyber security solutions, thereby contributing to market growth.
IT & Telecom Cyber Security Market Report Highlights
Competitive Landscape
Key Topics Covered:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
2.1. IT & Telecom Cyber Security Market – Industry Snapshot & Key Buying Criteria, 2018 – 2030
Chapter 3. IT & Telecom Cyber Security Market Variables, Trends & Scope
3.1. Market Size and Growth Prospects, 2018 – 2030
3.2. Industry Value Chain Analysis
3.3. Market Dynamics
3.3.1. Market Driver Analysis
3.3.2. Market Restraint/Challenge Analysis
3.3.3. Market Opportunity Analysis
3.4. Penetration & Growth Prospect Mapping (Key Opportunities Prioritized)
3.5. Business Environment Analysis Tools
3.5.1. Industry Analysis – Porter’s Five Forces Analysis
3.5.2. PEST Analysis
3.6. COVID-19 Impact Analysis
Chapter 4. IT & Telecom Cyber Security Market: Regional Outlook
4.1. IT & Telecom Cyber Security Market Share by Region, 2021 & 2030 (USD Million)
Chapter 5. Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/r/hnfk5q
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
[email protected]
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
[email protected]
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

source


CyberTelugu

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