MarkNtel Advisors Releases Comprehensive Study on the Cybersecurity Market, Forecasting Strong Growth from 2024 to 2030

MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled “Cybersecurity Market Analysis, 2024–2030.”
This report provides a detailed assessment of the Cybersecurity Market, covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.

Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.

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Cybersecurity Market Timeline Overview

-Historical Years: 2019-22

-Base Years: 2023

-Forecast year - 2024-2030

This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.

Cybersecurity Market Outlook

According to the report, The Global Cybersecurity Market size was valued at around USD 181 billion in 2023 & is estimated to grow at a CAGR of around 10% during the forecast period, i.e., 2024-30. The cybersecurity market has witnessed substantial expansion due to the rising demand for data security that complies with stringent regulatory requirements.

The report also examines consumer preferences, regulatory impacts, and investment trends that will shape the market’s trajectory over the next decade.

Cybersecurity Market Drivers:

Increasing Number of Target-Based Cyber-Attacks Augmenting Market Demand – Over the past few years, increasing cybercrime and target-based attacks have vigorously driven the growth of the Cybersecurity Industry. Cyber attackers target network infrastructure, endpoints, and cloud-based applications to cause significant financial losses and disrupt business operations. Rising cybercrimes like the theft of sensitive & critical data or information result in huge financial losses; thus, advanced information security technologies have been adopted by businesses across the globe to safeguard their security infrastructure.

Cybersecurity Market Trends:

Increasing Inclination Towards a Zero Trust Security Model – In recent years, there has been a growing movement towards implementing the Zero Trust Security Framework, which is becoming the fundamental concept of not automatically trusting a user or device. Given the limitations of traditional perimeter-based security strategies to address cyber threats in today's complex environment, companies are adopting Zero Trust to strengthen their security measures and prevent unauthorized access to critical assets. In addition, source access is carefully monitored and confirmed using standards such as users' connections, device conditions, network conditions, and behavioral models.

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Cybersecurity Market Segmentation

The study categorizes the Cybersecurity Market into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.

By Offering

  • Solution
  • Standalone Hardware
  • Software Solution
  • Services
  • Professional Services
  • Design, Consulting & implementation
  • Risk & Threat Management
  • Training & Education
  • Support & Maintenance
  • Managed Services

By Solution Type

  • Identity & Access Management (IAM)
  • Antivirus/Antimalware
  • Log Management & SIEM
  • Firewall
  • Encryption & Tokenization
  • Compliance & Policy Management
  • Patch Management
  • Others

By Deployment mode

  • On-premises
  • Cloud
  • Hybrid Cloud
  • By Organization size
  • Large Enterprises
  • SMEs (Small & Medium Enterprises)

By Security Type

  • Network Security
  • Cloud Security
  • Endpoint & IoT Security
  • Application Security
  • Others

By Vertical

  • Banking, Financial Services and Insurance (BFSI)
  • Government
  • Healthcare & Life Sciences
  • Aerospace & Defense
  • Manufacturing
  • IT & ITeS
  • Education
  • Retail & Ecommerce
  • Energy & Utilities
  • Telecommunications
  • Transportation & Logistics
  • Media & Entertainment
  • Others (Education, Construction, Travel & Hospitality)

Geographical Analysis

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

The report presents detailed insights into the Cybersecurity Market’s geographical expansion, highlighting key trends and opportunities across the following geographies:

Talk to Our Industry Analyst: Get personalized insights into company strategies and regional market dynamics.) https://www.marknteladvisors.com/query/talk-to-our-consultant/cybersecurity-market.html

Leading Companies in Cybersecurity Market Worldwide: Players, Analysis & Future Outlook

IBM, Cisco, Microsoft, Palo Alto Networks, Fortinet, Check Point, Trellix, Trend Micro, Rapid7, Open Text, AWS, Oracle, Accenture, Cyberack, ZScaler, and others are the top companies in the Cybersecurity Market.

Key Highlights of the Report

  • Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2024 to 2030.
  • Growth Drivers & Challenges: Clear insights into factors fueling or restraining market expansion.
  • Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
  • Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.

Analytical Tools: Application of SWOT AnalysisPESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences

Browse through our flexible pricing plans and choose the package that best fits your business needs whether you require a single-user license, corporate access, or customized insights. Once you select the plan that suits your requirements, you can purchase and instantly access the full report online – https://www.marknteladvisors.com/pricing/cybersecurity-market.html

Frequently Asked Questions (FAQ)

  1. What is the projected growth rate of the Cybersecurity Market?
    2. What are the major factors driving this market’s growth?
    3. Which regions are expected to lead the Cybersecurity Market?
    4. Who are the prominent players in the Cybersecurity Market?
    5. How is the competition structured in this market?
    6. How can I access the full report?

About us:

MarkNtel Advisors is a global research and consulting leader providing actionable intelligence across the ICT & electronics industry, spanning electronic equipment & services, software, and digital infrastructure. We analyze the impact of technologies like AI, IoT, and cloud computing on global business ecosystems. Through Consulting Services, we help technology providers and investors interpret emerging market data, refine digital strategies, and adapt to continuous innovation cycles in the connected economy.

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