Cyber Security Software Trends and Forecast
The future of the global cyber security software market looks promising with opportunities in the BFSI, healthcare, manufacturing , government & defense, and IT & telecommunication markets. The global cyber security software market is expected to grow with a CAGR of 12.8% from 2024 to 2030. The major drivers for this market are growing need for scalable IT infrastructure and digitalization and rising incidents of cybersecurity.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Cyber Security Software by Segment
The study includes a forecast for the global cyber security software by deployment, offering, end use, and region.
Cyber Security Software Market by Deployment [Shipment Analysis by Value from 2018 to 2030]:
• On-Premises
• Cloud
Cyber Security Software Market by Offering [Shipment Analysis by Value from 2018 to 2030]:
• Software
• Service
Cyber Security Software Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• BFSI
• Healthcare
• Manufacturing
• Government & Defense
• IT & Telecommunication
• Others
Cyber Security Software Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Cyber Security Software Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies cyber security software companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the cyber security software companies profiled in this report include-
• IBM Corporation
• Microsoft Corporation
• Cisco Systems
• Check Point Software Technologies
• Broadcom
• Fortinet
• F5 Networks
• Palo Alto Networks
• Proofpoint
• CyberArk Software
Cyber Security Software Market Insights
Lucintel forecasts that cloud is expected to witness the higher growth over the forecast period.
Within this market, BFSI is expected to witness the highest growth.
North America is expected to witness the highest growth over the forecast period due to increasing rate of infrastructure development and the exponential expansion of data across all industry verticals.
Features of the Global Cyber Security Software Market
Market Size Estimates: Cyber security software market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Cyber security software market size by deployment, offering, end use, and region in terms of value ($B).
Regional Analysis: Cyber security software market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different deployment, offerings, end uses, and regions for the cyber security software market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the cyber security software market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for cyber security software market?
Answer: The global cyber security software market is expected to grow with a CAGR of 12.8% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the cyber security software market?
Answer: The major drivers for this market are growing need for scalable IT infrastructure and digitalization and rising incidents of cybersecurity.
Q3. What are the major segments for cyber security software market?
Answer: The future of the cyber security software market looks promising with opportunities in the BFSI, healthcare, manufacturing , government & defense, and IT & telecommunication markets.
Q4. Who are the key cyber security software market companies?
Answer: Some of the key cyber security software companies are as follows:
• IBM Corporation
• Microsoft Corporation
• Cisco Systems
• Check Point Software Technologies
• Broadcom
• Fortinet
• F5 Networks
• Palo Alto Networks
• Proofpoint
• CyberArk Software
Q5. Which cyber security software market segment will be the largest in future?
Answer: Lucintel forecasts that cloud is expected to witness the higher growth over the forecast period.
Q6. In cyber security software market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness the highest growth over the forecast period due to increasing rate of infrastructure development and the exponential expansion of data across all industry verticals.
Q.7 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the cyber security software market by deployment (on-premises and cloud), offering (software and service), end use (BFSI, healthcare, manufacturing , government & defense, IT & telecommunication, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Cyber Security Software Market, Cyber Security Software Market Size, Cyber Security Software Market Growth, Cyber Security Software Market Analysis, Cyber Security Software Market Report, Cyber Security Software Market Share, Cyber Security Software Market Trends, Cyber Security Software Market Forecast, Cyber Security Software Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.