Enterprise and government spending on 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 2024. Accordingly, the author sees 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 necessitates 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 the report 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 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, vmWave, and others), the bill asserts a desperate need for cybersecurity regulation.
The bill recognizes that there could be 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 Telefónica.
This cybersecurity market 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, product and solutions, and impact on industry verticals. The report includes global and regional cybersecurity forecasts for the period 2019 to 2024 by product and solution, managed services, professional services, security type, deployment model, industry verticals, and threat platforms.
Select Report Findings:
- Total global government data cybersecurity will become an almost $64B USD market by 2024
- Securing data, OS, and networks from spoofing is a fast-growing cybersecurity market opportunity
- Total global cybersecurity associated with edge networks and equipment will reach nearly $72B USD by 2024
- Security Management and Orchestration will become the largest revenue opportunity of all cybersecurity components
- IT services companies
- Cybersecurity solution providers
- Network and data center operators
- Managed security service providers
- Cloud and network solution providers
- Governmental agencies and NGO organizations
- Enterprise organizations across all industry verticals
1.1 Current State of Cybersecurity
1.2 Cybersecurity Incident Review
1.3 Cyber Threat Patterns
1.4 Rise of Cybercrime
1.5 Cybersecurity Landscape
1.6 BYOD to Invite More Threats
1.7 Increasing Trend of Ransomware
1.8 Cyberwarfare and Cyberterrorism
1.9 Darknet and Cybersecurity
1.10 Cybersecurity in IoT Domain
1.11 Industrial Cybersecurity and Industrial IoT
1.12 Big Data and Machine Learning in Cybersecurity
1.13 Blockchain in Cybersecurity
1.14 Cybersecurity Regulatory Framework
2 Cybersecurity Technology and Market Impact Analysis
2.1 Cybersecurity Technology and Solutions
2.1.1 Prognostic Solutions
2.1.2 Receptive Solutions
2.1.3 Inspective Solutions
2.1.4 Supervision Solutions
2.1.5 Analytical solution
2.1.6 Protective solution
2.2 Enterprise Cybersecurity Infrastructure
2.2.1 External vs. Internal Threats
2.2.2 Threat Intelligence and Information Sharing
2.2.3 Geopolitical Threats
2.2.4 Operational Excellence
2.2.5 Cybersecurity as Competitive Advantage
2.3 Cybersecurity Investment Trends
2.3.1 Consumer Cybersecurity
2.3.2 Training and Professional Services
2.4 Cybersecurity Impact by Region
2.5 Cyber Threats by Industry
2.6 Data Breach Financial Impact
2.7 Cybersecurity Service Model
2.8 Cybersecurity Impact on Job Market
3.0 Company and Solution Analysis
3.1 SecureWorks Inc.
3.2 RSA Security LLC
3.3 Cisco Systems Inc.
3.4 FireEye inc
3.5 Hewlett Packard Enterprise (HPE)
3.6 IBM Corporation
3.8 Kaspersky Lab
3.9 Lockheed Martin
3.10 Rapid7, Inc.
3.11 Sophos Ltd.
3.12 Symantec Corporation
3.13 DXC Technology
3.14 Trend Micro, Inc.
3.15 Schneider Electric
3.16 Verizon Communications Inc.
3.17 Northrop Grumman Corporation
3.18 Palo Alto Networks Inc.
3.19 Check Point Software Technologies Ltd.
3.20 Fortinet Inc.
3.21 BAE Systems Inc.
3.22 Barracuda Networks Inc.
3.23 BlackMesh Inc.
3.24 Booz Allen Hamilton Inc.
3.25 Cassidian Cybersecurity
3.26 Centrify Corporation
3.27 LogRhythm Inc.
3.28 Pradeo Security Systems
3.29 Thales Group
3.30 Juniper Networks
3.31 Accenture PLC
3.32 Fortscale Security Ltd.
3.33 PricewaterhouseCoopers (PwC)
3.34 Bayshore Networks
3.38 Amazon (Amazon Web Services)
3.40 Axway Software
3.41 Blackberry (Cyberlance)
3.43 Carbon Black
3.44 Clearwater Compliance
3.49 Dell EMC
3.51 Digital Defense
3.54 F5 Networks
3.58 Herjavec Group
3.74 Vasco Data Security
4 Global Cybersecurity Market 2019 – 2024
4.1 Global Cybersecurity Market by Category 2019-2024
4.1.1 Global Computer Security Market 2019-2024
4.1.2 Global Network Security Market 2019-2024
4.1.3 Global Data Security Market 2019-2024
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
4.2 Global Cybersecurity Market by Solution Type 2019-2024
4.2.1 Global Cybersecurity Market by Service 2019-2024
4.2.2 Global Cybersecurity Market by Software Solution 2019-2024
4.3 Global Market for Cybersecurity by Industry Vertical
4.4 Cybersecurity Market by Region 2019-2024
5 Cybersecurity Market by Major Segment 2019-2024
5.1 Consumer Cybersecurity Market 2019-2024
5.1.1 Consumer Cybersecurity Market by Region 2019-2024
5.1.2 Global Consumer Cybersecurity Market by Software Solution 2019-2024
5.2 Enterprise Cybersecurity Market 2019-2024
5.2.1 Enterprise Cybersecurity by Region 2019-2024
5.2.1 Global Enterprise Cybersecurity Market by Software Solution 2019-2024
5.3 Industrial Cybersecurity Market 2019-2024
5.3.1 Industrial Cybersecurity by Region 2019-2024
5.3.2 Global Industrial Cybersecurity Market by Software Solution 2019-2024
5.4 Government Cybersecurity Market 2019-2024
5.4.1 Global Government Cybersecurity by Region 2019-2024
5.4.2 Global Industrial Cybersecurity Market by Software Solution 2019-2024
6 Global IoT Cybersecurity Market 2019-2024
6.1 Global IoT Cybersecurity Market 2019-2024
6.1.1 Global IoT Cybersecurity Market by Software Solution 2019-2024
7 Global Cloud Computing Cybersecurity Market 2019-2024
7.1 Global Cloud Computing Cybersecurity Market 2019 – 2024
7.1.1 Global Cloud Computing Cybersecurity Market by Software Solution 2019-2024
8 Global AI in Cybersecurity Market 2019 – 2024
8.1 AI Cybersecurity in Data, Identity, Metadata, Workloads and IoT 2019-2024
9 Conclusions and Recommendations
List of Figures
Figure 1: Monthly Cyber-attack Trend Comparison
Figure 2: Cyber-attack Motivations Comparison
Figure 3: Top Ten Cyber-attack Techniques Comparison
Figure 4: Cyberattack Exploit Pack Percentage by Application
Figure 5: Cybersecurity Landscape
Figure 6: Cybersecurity Domain
Figure 7: Cybersecurity PRISAP Solution Model
Figure 8: Top Ten Malicious Affected Countries
Figure 9: Top Ten Distribution of Targets for Cyber-attack
Figure 10: Top Ten Industries for Cyber-attack
Figure 11: Top Ten Organization Type for Cyber-attack
Figure 12: SecureWorks Counter Threat Platform and Vendor Neutral Approach
Figure 13: HPE Security Solution to Protect Extended Enterprise
Figure 14: Palo Alto Networks Next-Gen Security Platform
Figure 15: Global Market for Cybersecurity 2019-2024
Figure 16: Global Market for Cybersecurity by Category 2019-2024
Figure 17: Global Market for Computer Security by Sub-Category 2019-2024
Figure 18: Global Market for Network Security by Sub-Category 2019-2024
Figure 19: Global Market for Data Security by Data Ownership 2019-2024
Figure 20: Global Market for Data Security by Data Type 2019-2024
Figure 21: Global Market for Data Security by Solution Type 2019-2024
Figure 22: Global Market for Data Security by Service Type 2019-2024
Figure 23: Global Market for Data Security by Software Solutions 2019-2024
Figure 24: Global Market for Data Security by Industry 2019-2024
Figure 25: Cybersecurity Markets by Region 2019-2024
Figure 26: Cybersecurity Markets by Customer Category 2019-2024
Figure 27: Global Market for Consumer Cybersecurity 2019-2024
Figure 28: Market for Consumer Cybersecurity by Region 2019-2024
Figure 29: Global Market for Enterprise Cybersecurity 2019-2024
Figure 30: Market for Enterprise Cybersecurity by Region 2019-2024
Figure 31: Global Market for Industrial Cybersecurity 2019-2024
Figure 32: Market for Industrial Cybersecurity by Region 2019-2024
Figure 33: Global Market for Government Cybersecurity 2019-2024
Figure 34: Market for Government Cybersecurity by Region 2019-2024
Figure 35: Global Market for Cybersecurity in IoT 2019-2024
Figure 36: Global Market for Cybersecurity in Cloud 2019-2024
List of Tables
Table 1: Top Twenty Cyber-attack Programs
Table 2: Top Ten Trojan-Ransom Malware
Table 3: Top Ten Trojan-Ransom Malware Affected Countries
Table 4: Top Ten Encryptors Attacked Country
Table 5: Top Twenty Counties Affected by Online Infection
Table 6: High vs. Medium vs. Low Risk Online Infected Countries
Table 7: Top Twenty Counties Affected by Local Infection
Table 8: High vs. Medium vs. Low Risk Online Infected Countries
Table 9: Top Ten Safe Counties from Local Infection
Table 10: Top Ten Countries in Banking Sector Affected by Cyber-attack
Table 11: Top Ten Malware Families in Banking Sector
Table 12: Global Market for Cybersecurity 2019-2024
Table 13: Global Market for Cybersecurity by Category 2019-2024
Table 14: Global Market for Computer Security by Sub-Category 2019-2024
Table 15: Global Market for Network Security by Sub-Category 2019-2024
Table 16: Global Market for Data Security by Data Ownership 2019-2024
Table 17: Global Market for Data Security by Data Type 2019-2024
Table 18: Global Market for Cybersecurity by Solution Type 2019-2024
Table 19: Global Market for Cybersecurity by Services Type 2019-2024
Table 20: Global Market for Cybersecurity by Software Solution 2019-2024
Table 21: Global Market for Cybersecurity by Industry 2019-2024
Table 22: Cybersecurity Markets by Region 2019-2024
Table 23: Cybersecurity Markets by Customer Category 2019-2024
Table 24: Global Market for Consumer Cybersecurity 2019-2024
Table 25: Market for Consumer Cybersecurity by Region 2019-2024
Table 26: Global Market for Software Solutions for Consumer Cybersecurity 2019-2024
Table 27: Global Market for Enterprise Cybersecurity 2019-2024
Table 28: Market for Enterprise Cybersecurity by Region 2019-2024
Table 29: Global Market for Software Solutions for Enterprise Cybersecurity 2019-2024
Table 30: Global Market for Industrial Cybersecurity
Table 31: Market for Industrial Cybersecurity by Region 2019-2024
Table 32: Global Market for Software Solutions for Industrial Cybersecurity 2019-2024
Table 33: Global Market for Government Cybersecurity 2019-2024
Table 34: Market for Government Cybersecurity by Region 2019-2024
Table 35: Global Market for Software Solutions for Government Cybersecurity 2019-2024
Table 36: Global Market for Cybersecurity in IoT 2019-2024
Table 37: Global Market for Software Solutions for Cybersecurity in IoT 2019-2024
Table 38: Global Market for Cybersecurity in Cloud 2019-2024
Table 39: Global Market for Software Solutions for Cybersecurity in Cloud 2019-2024
Table 40: Global Market for Artificial Intelligence in Cybersecurity 2019-2024
- Accenture PLC
- Axway Software
- BAE Systems Inc.
- Barracuda Networks Inc.
- Bayshore Networks
- Blackberry (Cyberlance)
- BlackMesh Inc.
- Booz Allen Hamilton Inc.
- Carbon Black
- Cassidian Cybersecurity
- Centrify Corporation
- Check Point Software Technologies Ltd.
- Cisco Systems Inc.
- Clearwater Compliance
- Dell EMC
- Digital Defense
- DXC Technology
- F5 Networks
- FireEye inc
- Fortinet Inc.
- Fortscale Security Ltd.
- Herjavec Group
- Hewlett Packard Enterprise
- IBM Corporation
- Juniper Networks
- Kaspersky Lab
- Lockheed Martin
- LogRhythm Inc.
- Northrop Grumman Corporation
- Palo Alto Networks Inc.
- Pradeo Security Systems
- PricewaterhouseCoopers (PwC)
- Rapid7, Inc.
- RSA Security LLC
- Schneider Electric
- SecureWorks Inc.
- Sophos Ltd.
- Symantec Corporation
- Thales Group
- Trend Micro, Inc.
- Vasco Data Security