Scienza e Tecnologia
Cyber Security Market Size to Garner $500.70 Billion by 2030 at CAGR 12.9% - Grand View Research, Inc.
Trends suggest an increased traction for cyber security solutions and services in the IT and telecom sector as businesses strive to expand their market penetration and boost product portfolios. Furthermore, soaring digitalization has augured well for telecom companies as they continue to inject funds into 5G, IoT, and cloud, thereby boosting the IT and telecom cybersecurity market.
Lately, demand for remote and hybrid work culture has expedited the need for Bring-Your-Own-PC (BYOPC), which has led to the need for remote management, including endpoint security, data encryption and strong authentication. This is likely to boost the number of endpoint devices, fostering the adoption of unified cyber safety solutions.
A spike in hybrid operating models and remote work has underpinned the adoption of cloud and advanced security measures. The cloud segment is likely to observe a CAGR of 15.9% between 2025 and 2030. The integration of AI in cloud security and companies' emphasis on cloud-based solutions on the back of minimum hardware requirements, low operating costs, and diverse solution availability have spurred segment growth. For instance, automated threat detection and real-time monitoring have prompted industry participants to invest in cloud solutions.
Key market players have joined forces with cloud technology providers to develop DDoS protection solutions and bolster their portfolios. To illustrate, in August 2021 , Radware, Inc. collaborated with Internap Holding LLC (INAP), a hybrid IT & enterprise cloud Solutions Company, to utilize its DDoS Protection Services and Cloud Web Application Firewall (WAF) for organizations across the globe. Meanwhile, in October 2024 , Atlas Systems announced the rollout of ComplyScore, a cybersecurity software, to reduce risks for mid-to-large-sized companies.
: Cyber Security Market Report
Grand View Research has segmented the global cyber security market based on offering, security, deployment, organization size, solution, end use, and region:
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco , the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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