IMARC Group has recently released a new research study titled “Argentina Cybersecurity Market Size, Share, Trends and Forecast by Component, Deployment Type, User Type, Industry Vertical, and Region, 2025-2033”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.
Market Overview
The Argentina cybersecurity market size was valued at USD 1,548.53 Million in 2024 and is projected to reach USD 3,330.06 Million by 2033. The market is forecasted to grow at a CAGR of 8.88% during 2025-2033, driven by increasing digitalization, rising cyber threats, and cloud adoption across various industries. Regulatory compliance and growing awareness around data protection also fuel market expansion. This growth is further supported by the surge in remote work and digital transformation across sectors.
Study Assumption Years
- Base Year: 2024
- Historical Year/Period: 2019-2024
- Forecast Year/Period: 2025-2033
Argentina Cybersecurity Market Key Takeaways
- Current Market Size: USD 1,548.53 Million in 2024
- CAGR: 8.88% (2025-2033)
- Forecast Period: 2025-2033
- Cyber attacks with advanced sophistication are increasing in government and private sectors, targeting especially financial services, healthcare, manufacturing, and energy industries.
- Digital transformation and cloud adoption are creating new security vulnerabilities, increasing demand for cybersecurity solutions.
- Government regulatory frameworks and compliance requirements strongly encourage robust cybersecurity implementations.
- Integration of AI and ML technologies is transforming cybersecurity approaches, enabling real-time threat detection and automated response.
- Public sector organizations are increasing cybersecurity budgets to protect citizen data and critical systems.
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Argentina Cybersecurity Market Growth Factors
Numerous cyberattacks targeting both government bodies and the private sector ranging from advanced persistent threats and ransomware to sophisticated social engineering attacks that bypass traditional defenses are accelerating investments and shaping the Argentina cybersecurity market share. There are also more frequent fraudulent attacks and data breaches targeting the financial services sector in Argentina. In healthcare, the attackers may target patient databases and medical devices. In manufacturing and energy, actors can target industrial espionage and operational technology (OT) being used to control critical infrastructure. Increasing numbers of SMEs are adopting thorough cybersecurity frameworks.
The demand for cybersecurity products has been fueled by the increasing digital transformation of many industry verticals, with businesses migrating to the cloud to lower costs, improve efficiency, and be more scalable. This has created more surfaces to protect, and the uptick in government investment in digitalization programs in public and private sectors. The financial sector, healthcare, and manufacturing invest heavily in cybersecurity to comply with regulations and tackle advanced cyberattacks, while the growth of IoT and AI technologies means an even larger attack surface.
Strict cybersecurity regulations and compliance by the Argentine government strongly influence the market. Strong security measures and security audits are legally required by the Argentine government, especially in the banking and healthcare sectors. Governments are improving cybersecurity social awareness and public sector budgets. AI and ML are impacting cybersecurity operations through real-time threat detection, behavior and usage analysis, automated incident response, talent shortages, and advanced cyber threats. Vendors create AI security products that conform to local laws and market demands.
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Argentina Cybersecurity Market Segmentation
Breakup by Insights:
- Solutions: Identity and Access Management (IAM), Infrastructure Security, Governance, Risk and Compliance, Unified Vulnerability Management Service Offering, Data Security and Privacy Service Offering, Others. These solutions address various cybersecurity needs including access control, infrastructure protection, compliance management, vulnerability detection, and data privacy.
- Services: Professional Services, Managed Services. This segment includes consulting, implementation, and outsourced management of cybersecurity functions.
Breakup by Deployment Type:
- Cloud-based: Solutions deployed on cloud platforms offering scalability and remote accessibility.
- On-premises: Traditional deployments within organizational infrastructure ensuring direct control.
Breakup by User Type:
- Large Enterprises: Organizations with extensive cybersecurity needs due to scale and complexity.
- Small and Medium Enterprises: Businesses increasingly adopting cybersecurity frameworks to protect operations.
Breakup by Industry Vertical:
- IT and Telecom: Sector requiring protection of critical digital infrastructure and communication networks.
- Retail: Industry focusing on securing customer information and payment data.
- BFSI: Banking, Financial Services, and Insurance sector targeted heavily by cyber threats.
- Healthcare: Protecting patient data and medical devices.
- Defense/Government: Securing national infrastructure and sensitive information.
- Manufacturing: Addressing industrial espionage and operational technology attacks.
- Energy: Protecting critical energy infrastructure.
- Others: Various additional industry sectors requiring cybersecurity solutions.
Regional Insights
The Buenos Aires Region is the dominant market segment within Argentina’s cybersecurity landscape. The report details comprehensive regional analyses, including Litoral, Northern, Cordoba, Cuyo, and Patagonia regions. Specific market share percentages or CAGR by region were not provided in the source. Buenos Aires acts as the central hub for cybersecurity investments and IT infrastructure, driving demand for advanced security solutions across industries.
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Recent Developments & News
In June 2025, Mphasis announced the launch of its Centre of Excellence for Financial Services in Buenos Aires, intending to expand its workforce significantly. The Ministry of Security in January 2025 enacted Resolution 72/2025 to implement a Federal Plan for Preventing Cybercrime and Strategic Cybersecurity Management for 2025-2027, uniting government efforts to combat cybercrime. Also in January 2025, Coinbase received a Virtual Asset Service Provider license from Argentina’s National Securities Commission, enabling regulated cryptocurrency services in the country under fintech leadership.
Key Players
- Mphasis
- Coinbase
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