Generative AI is Triggering an Evolution in Cybersecurity Solution Development
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This cybersecurity market report evaluates 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 2025 to 2030 by product and solution, managed services, professional services, security type, deployment model, industry verticals, and threat platforms.
Select Report Findings:
- Total global enterprise data security market will reach $98.5 billion by 2030
- Securing data, OS, and networks from spoofing is a fast-growing opportunity
- Security management and orchestration will become the largest cybersecurity revenue opportunity
- Government-mandated cybersecurity requirements are emerging as a major catalyst for revenue growth
The financial commitment to safeguarding digital assets within both enterprise and governmental sectors is poised for significant expansion in the coming years. This surge in expenditure will encompass a broad spectrum of cybersecurity offerings, including advanced security products, comprehensive managed security services, and specialized professional consulting.
Looking ahead, the cumulative global investment in cybersecurity products and services is projected to surpass one trillion US dollars within the next five years. This substantial financial outlay underscores the escalating recognition of the pervasive and increasingly complex cyber threat landscape.
Furthermore, the economic repercussions of cybercrime are anticipated to be even more staggering, with cumulative damage potentially reaching multiple trillions of US dollars by the year 2030. Considering these projections, solutions focused on damage control and threat mitigation are expected to constitute a critical and substantial segment of the overall cybersecurity market.
Several key factors are fueling this robust spending trajectory. At a macro level, the primary driver is the growing awareness of the increasingly voluminous and sophisticated nature of global threats targeting digital infrastructure. Nation-states, organized criminal groups, and individual malicious actors are constantly evolving their tactics and deploying more intricate attacks, necessitating a commensurate increase in defensive capabilities.
At the business level, the fundamental operational reliance of companies on interconnected digital systems is a significant catalyst for cybersecurity investment. The pervasive use of the Internet, open application programming interfaces (APIs), and seamless communication channels between businesses and their customers and partners create an expanded attack surface that demands robust and multi-layered cybersecurity solutions. Compromise of any of these interconnected systems can lead to significant financial losses, reputational damage, and operational disruptions.
Moreover, the proliferation of new and emerging technologies and solutions, such as the Internet of Things (IoT), introduces novel and unique cybersecurity challenges. The sheer volume and diversity of connected devices, often with inherent security vulnerabilities, necessitate the development of new approaches and innovative solutions to ensure their security and prevent their exploitation.
As highlighted in our report focusing on Artificial Intelligence in IoT security and fraud prevention, the integration of advanced technologies like AI will be crucial in addressing these evolving threats. As we have stated many times, early AIoT solutions are rather monolithic, but it is anticipated that AIoT integration within businesses and industries will ultimately lead to more sophisticated and valuable inter-business and cross-industry solutions. Cybersecurity will benefit from this through highly integrated solutions.
With the purchase of this report at the Multi-user License or greater level, you will have access to one hour with an expert analyst who will help you link key findings in the report to the business issues you're addressing. This will need to be used within three months of purchase.
This report also includes a complimentary Excel file with data from the report for purchasers at the Site License or greater level.
Table of Contents
1 Executive Summary
Companies Mentioned
- Accenture PLC
- Akamai
- Amazon
- AT&T
- Axway Software
- BAE Systems Inc.
- Barracuda Networks Inc. (Thoma Bravo)
- Bayshore Networks (OPSWAT)
- BlackBerry (Cylance)
- BlackMesh Inc. (Contegix)
- Bomgar (BeyondTrust)
- Booz Allen Hamilton Inc.
- BT
- Carbon Black (VMware)
- Cassidian Cybersecurity
- Centrify Corporation
- Check Point Software Technologies Ltd.
- Cisco Systems Inc.
- Clearwater Compliance
- Cloudflare
- CrowdStrike
- CyberArk
- Darktrace
- Dell EMC
- DFLabs (Sumo Logic)
- DotOrigin
- DXC Technology
- EY
- F5 Networks
- FireEye inc
- Forcepoint
- ForeScout
- Fortinet Inc.
- HelpSystems
- Herjavec Group
- Hewlett Packard Enterprise
- IBM Corporation
- Imperva
- Juniper Networks
- Kaspersky Lab
- KnowBe4
- KPMG
- Lockheed Martin
- LogRhythm Inc.
- McAfee
- Microsoft
- Mimecast
- Northrop Grumman Corporation
- Okta
- OneLogin (One Identity)
- Palo Alto Networks Inc.
- Pradeo Security Systems
- PricewaterhouseCoopers
- Proofpoint
- Radware
- Rapid7, Inc.
- Raytheon
- root9B (Deloitte)
- RSA Security LLC
- Schneider Electric
- SecureWorks Inc.
- Sera-Brynn
- Sophos Ltd.
- Splunk
- Symantec Corporation (Accenture)
- Tanium
- Thales Group
- Thycotic
- Trend Micro, Inc.
- Vasco Data Security
- Verizon Communications Inc.
Methodology
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