Cybersecurity Market Size to Grow by USD 189.70 Bn, Broadcom Inc. and Cisco Systems Inc. Among Key Vendors - Technavio

News provided by

Jul 25, 2022, 05:30 ET

NEW YORK, July 25, 2022 /PRNewswire/ -- The cybersecurity market is fragmented, and the vendors are deploying various organic and inorganic growth strategies to compete in the market. The cybersecurity market size is expected to grow by USD 189.70 billion from 2020 to 2025. In addition, the market will accelerate at a CAGR of 14.97% during the forecast period.

View our Sample Report to explore additional aspects of the market

Technavio has announced its latest market research report titled Cybersecurity Market by Deployment and Geography - Forecast and Analysis 2021-2025

Market Segmentation

Cybersecurity Market Split by Deployment

On-premise: The on-premise segment will contribute the highest market share growth during the forecast period.
Cloud-based

Cybersecurity Market Split by Geography

North America
APAC
Europe
MEA
South America

Top Key Players in the Cybersecurity Market are covered as:

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. The key offerings of some of these vendors are listed below:

Booz Allen Hamilton Holding Corp. - The company offers cybersecurity solutions through real-time cyber operations, leading-edge technical innovations, critical large-scale incident responses, and advanced cyber threat intelligence that helps keep businesses and missions secure, under the brand name of Booz Allen Hamilton.
Broadcom Inc. - The company offers cybersecurity solutions that deliver endpoint security, identity security, information security, and network security across on-premises and cloud infrastructures to provide complete and effective asset protection in the industry, under the brand name of Broadcom.
Cisco Systems Inc. - The company offers cybersecurity solutions using a cloud-native, built-in platform that connects the Cisco Secure portfolio and one's infrastructure, which allows to radically reduce dwell time, human-powered tasks, and protection from cyber crimes, under the brand name of Cisco.
Corporation Service Co. - The company offers cybersecurity solutions that focus on global government defense and prevents continued attacks on agencies, which results in breaches that impact the security of a nation and the wellbeing of its citizens under the brand name of CSC.
Fortinet Inc. - The company offers cybersecurity solutions that complement the power and scalability of cloud providers by breaking down the barriers that complicate security visibility across an organization's entire infrastructure and improve security lifecycle management with full automation capabilities under the brand name of Fortinet.

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View our Sample Report

Parent Market Analysis

Technavio categorizes the global cybersecurity market as a part of the global information technology (IT) spending market. The parent global IT spending market covers revenue generated from the sales and subscription of IT services, communications services, cloud services, IT hardware, and IT software.

Imperative Insights on the following aspects:

What was the size of the global cybersecurity industry by value in 2020?
What will be the size of the global cybersecurity industry in 2025?
What factors are affecting the strength of competition in the global cybersecurity industry?
How has the industry performed over the last five years?
What are the main segments that make up the global cybersecurity market?

Get lifetime access to our Technavio Insights! Subscribe to our "Basic Plan" billed annually at USD 5000

Internet Security Market by Solution and Geography - Forecast and Analysis 2022-2026

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 consumer countries	US, China, UK, Germany, and Japan
Competitive landscape	Leading companies, competitive strategies, consumer engagement scope
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 future consumer dynamics, market condition analysis for 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.

Table of Content:

Executive Summary

Market Landscape

Market ecosystem
Value chain analysis

Market Sizing

Market definition
Market segment analysis
Market size 2020
Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

Market Segmentation by Deployment

Market segments
Comparison by Deployment
On-premise - Market size and forecast 2020-2025
Cloud-based - Market size and forecast 2020-2025
Market opportunity by Deployment

Customer landscape

Geographic Landscape

Geographic segmentation
Geographic comparison
North America - Market size and forecast 2020-2025
APAC - Market size and forecast 2020-2025
Europe - Market size and forecast 2020-2025
MEA - Market size and forecast 2020-2025
South America - Market size and forecast 2020-2025
Key leading countries
Market opportunity by geography
Market drivers
Market challenges
Market trends

Vendor Landscape

Overview
Landscape disruption

Vendor Analysis

Vendors covered
Market positioning of 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.
The Boeing Co.

Appendix

Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides 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 Us:

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio