According to a report by Reports and Data, the global cyber security market size was USD 218.00 Billion in 2021, and is expected to register a revenue CAGR of 9.5% during the forecast period. This growth is driven by several factors, including the increasing number of cyberattacks, the growing adoption of cloud-based services, and the increasing demand for mobile and web applications.
The global Cyber Security Market refers to the market for products and services designed to protect digital assets from cyber threats. These products and services include software, hardware, and services like consulting, risk assessment, and managed security services. The cybersecurity market is divided into several segments based on the type of product or service, the size of the organization, and the industry vertical.
Market Overview
The global cybersecurity market comprises various technologies, solutions, and services designed to protect computer networks, devices, and sensitive information from cyber threats. The market is segmented based on deployment type, organization size, end-user, and region.
Deployment Type
• Cloud-based
• On-premises
Organization Size
• Large Enterprises
• Small and Medium-sized Enterprises (SMEs)
End-User
• Banking, Financial Services, and Insurance (BFSI)
• Healthcare
• Government
• IT and Telecommunications
• Retail
• Energy and Utilities
• Manufacturing