This report examines security technology and solutions while assessing the risks and operational issues relative to current and anticipated cybersecurity technologies. The report also analyzes the impact regionally including North America, Europe, APAC, Middle East, Africa, and Latin America.
The report evaluates leading cybersecurity solution provider companies, products and solutions, and impact on industry verticals. The report includes global and regional cybersecurity forecasts for the period 2021 to 2026 by product and solution, managed services, professional services, security type, deployment model, industry verticals, and threat platforms.
Select Report Findings:
Government driven 5G replacement a new cybersecurity opportunity
Total global government data cybersecurity will reach $88B USD by 2026
Securing data, OS, and networks from spoofing is a fast-growing opportunity
Total global cybersecurity associated with edge networks will reach $99B USD by 2026
Security management and orchestration will become the largest cybersecurity revenue opportunity
Government-mandated cybersecurity requirements are emerging as a major catalyst for revenue growth
Enterprise and government spending for cybersecurity products, managed services, and professional services will be substantial over the course of the next few years. Cumulative global spending on cybersecurity products and services will exceed one trillion US dollars over the next five years with multiple trillions of dollars in cybercrime damages realized through 2026. Accordingly, we see damage control and mitigation solutions as a critical portion of the cybersecurity market.
At the macro level, spending is driven by the realization of increasingly more voluminous and sophisticated global threats to digital infrastructure. At the business level, company reliance upon the Internet, open interfaces, and communication between customers and other companies necessitate robust cybersecurity solutions. In addition, new technologies and solutions such as the Internet of Things (IoT) will require new approaches to cybersecurity and hence innovative solutions as evaluated in our report focused on Artificial Intelligence in IoT security and fraud prevention.
With recent high-profile events such as alleged espionage on the part of Huawei, cybersecurity is also getting extreme attention at the government level. By way of example, The Internet of Things (IoT) Cybersecurity Improvement Act of 2019 is being introduced in the Senate by the U.S. Among other areas, the Act is intended to address IoT device security relative to Secure Development, Identity management, Patching, and Configuration Management. Quoting opinions from market leaders (such as Cloudflare, Symantec, VMware, and others), the bill asserts a desperate need for cybersecurity market regulation.
The bill recognizes that there could minimally be some fundamental security improvements in areas such as default device passwords with supporting material citing, "Sometimes shipped with factory-set, hard-coded passwords and oftentimes unable to be updated or patched, IoT devices can represent a weak point in a network's security, leaving the rest of the network vulnerable to attack."
At the network services provider level, the cybersecurity market is heating up as carriers realize that the advent of 5G and other network advances will increase network complexity, which will translate into increasingly more potential vulnerability areas.
Accordingly, communication service providers are both working unilaterally as well as banding together to address common cybersecurity concern areas. By way of example, AT&T recently became the first North American carrier to join the Global Telco Security Alliance, which launched last year with founding members Etisalat, Singtel, SoftBank, and Telefonica.
We see evolving IoT systems and emerging 5G networks as new opportunities for the cybersecurity market. Leading companies such as Palo Alto Networks, Cyberlance (BlackBerry), and others are poised to capitalize on the market for securing IoT and 5G based networks, systems, applications, and services. We see the use of AI as a key tool for dealing with increasingly interconnected networks, devices, and open access to data. This is because AI solutions focus on behavior rather than relying upon identifying malware signatures.
While some of the same types of security solutions will be required for 5G as other ICT infrastructure elements, such as network firewall protection, there will also be many new areas of concern.
Key Topics Covered:
1.0 Executive Summary
2.0 Overview 2.1 Current State of Cybersecurity 2.2 Cybersecurity Incident Review 2.3 Cyber Threat Patterns 2.4 Rise of Cybercrime 2.5 Cybersecurity Landscape 2.6 BYOD to Invite More Threats 2.7 Increasing Trend of Ransomware 2.8 Cyberwarfare and Cyberterrorism 2.9 Darknet and Cybersecurity 2.10 Cybersecurity in IoT Domain 2.11 Industrial Cybersecurity and Industrial IoT 2.12 Big Data and Machine Learning in Cybersecurity 2.13 Blockchain in Cybersecurity 2.14 Cybersecurity Regulatory Framework
3.0 Cybersecurity Technology and Market Impact Analysis 3.1 Cybersecurity Technology and Solutions 3.1.1 Prognostic Solutions 3.1.2 Receptive Solutions 3.1.3 Inspective Solutions 3.1.4 Supervision Solutions 3.1.5 Analytical solution 3.1.6 Protective solution 3.2 Enterprise Cybersecurity Infrastructure 3.2.1 External vs. Internal Threats 3.2.2 Threat Intelligence and Information Sharing 3.2.3 Geopolitical Threats 3.2.4 Operational Excellence 3.2.5 Cybersecurity as Competitive Advantage 3.3 Cybersecurity Investment Trends 3.3.1 Consumer Cybersecurity 3.3.2 Training and Professional Services 3.4 Cybersecurity Impact by Region 3.5 Cyber Threats by Industry 3.6 Data Breach Financial Impact 3.7 Cybersecurity Service Model 3.8 Cybersecurity Impact on Job Market
4.0 Company and Solution Analysis 4.1 SecureWorks Inc. 4.2 RSA Security LLC 4.3 Cisco Systems Inc. 4.4 FireEye inc 4.5 Hewlett Packard Enterprise 4.6 IBM Corporation 4.7 McAfee 4.8 Kaspersky Lab 4.9 Lockheed Martin 4.10 Rapid7, Inc. 4.11 Sophos Ltd. 4.12 Symantec Corporation 4.13 DXC Technology 4.14 Trend Micro, Inc. 4.15 Schneider Electric 4.16 Verizon Communications Inc. 4.17 Northrop Grumman Corporation 4.18 Palo Alto Networks Inc. 4.19 Check Point Software Technologies Ltd. 4.20 Fortinet Inc. 4.21 BAE Systems Inc. 4.22 Barracuda Networks Inc. 4.23 BlackMesh Inc. 4.24 Booz Allen Hamilton Inc. 4.25 Cassidian Cybersecurity 4.26 Centrify Corporation 4.27 LogRhythm Inc. 4.28 Pradeo Security Systems 4.29 Thales Group 4.30 Juniper Networks 4.31 Accenture PLC 4.32 Fortscale Security Ltd. 4.33 PricewaterhouseCoopers (PwC) 4.34 Bayshore Networks 4.35 Bomgar 4.36 root9B 4.37 Akamai 4.38 Amazon (Amazon Web Services) 4.39 AT&T 4.40 Axway Software 4.41 BlackBerry (Cylance) 4.42 BT 4.43 Carbon Black 4.44 Clearwater Compliance 4.45 Cloudflare 4.46 CrowdStrike 4.47 CyberArk 4.48 Darktrace 4.49 Dell EMC 4.50 DFLabs 4.51 Digital Defense 4.52 DotOrigin 4.53 EY 4.54 F5 Networks 4.55 Forcepoint 4.56 ForeScout 4.57 HelpSystems 4.58 Herjavec Group 4.59 Idaptive 4.60 Imperva 4.61 KnowBe4 4.62 KPMG 4.63 Microsoft 4.64 Mimecast 4.65 Okta 4.66 OneLogin 4.67 Proofpoint 4.68 Radware 4.69 Raytheon 4.70 Sera-Brynn 4.71 Splunk 4.72 Tanium 4.73 Thycotic 4.74 Vasco Data Security
5.0 Global Cybersecurity Market Analysis and Forecasts 5.1 Global Cybersecurity Market by Category 2021 - 2026 5.1.1 Global Computer Security Market 2021 - 2026 5.1.2 Global Network Security Market 2021 - 2026 5.1.3 Global Data Security Market 2021 - 2026 188.8.131.52 Global Market for Data Security by Data Ownership 184.108.40.206 Global Market for Data Security by Type of Data 5.2 Global Cybersecurity Market by Solution Type 2021 - 2026 5.2.1 Global Cybersecurity Market by Service 2021 - 2026 5.2.2 Global Cybersecurity Market by Software Solution 2021 - 2026 5.3 Global Market for Cybersecurity by Industry Vertical 5.4 Cybersecurity Market by Region 2021 - 2026
6.0 Cybersecurity Market by Major Segment 2021 - 2026 6.1 Consumer Cybersecurity Market 2021 - 2026 6.1.1 Consumer Cybersecurity Market by Region 2021 - 2026 6.1.2 Global Consumer Cybersecurity Market by Software Solution 2021 - 2026 6.2 Enterprise Cybersecurity Market 2021 - 2026 6.2.1 Enterprise Cybersecurity by Region 2021 - 2026 6.2.1 Global Enterprise Cybersecurity Market by Software Solution 2021 - 2026 6.3 Industrial Cybersecurity Market 2021 - 2026 6.3.1 Industrial Cybersecurity by Region 2021 - 2026 6.3.2 Global Industrial Cybersecurity Market by Software Solution 2021 - 2026 6.4 Government Cybersecurity Market 2021 - 2026 6.4.1 Global Government Cybersecurity by Region 2021 - 2026 6.4.2 Global Industrial Cybersecurity Market by Software Solution 2021 - 2026
7.0 Global IoT Cybersecurity Market 2021 - 2026 7.1 Global IoT Cybersecurity Market 2021 - 2026 7.1.1 Global IoT Cybersecurity Market by Software Solution 2021 - 2026
8.0 Global Cloud Computing Cybersecurity Market 2021 - 2026 8.1 Global Cloud Computing Cybersecurity Market 2021 - 2026 8.1.1 Global Cloud Computing Cybersecurity Market by Software Solution 2021 - 2026
9.0 Global AI in Cybersecurity Market 2021 - 2026 9.1 AI Cybersecurity in Data, Identity, Metadata, Workloads and IoT 2021 - 2026
10.0 Conclusions and Recommendations
11.0 Appendix: Human and Machine Trust/Threat Detection and Damage Mitigation