The global cybersecurity market is expected to grow from $149.46 billion in 2019 to $152.21 billion in 2020 at a rate of 1.83%. The slow growth is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities that led to decline in the bottom line. As a result, companies’ budgets for cybersecurity software is expected to decline. The market is then expected to recover and reach $208.28 billion in 2023 at rate of 11.02%.
Read More On The Global Cybersecurity Market Report At – https://www.thebusinessresearchcompany.com/report/cybersecurity-market-global-report-2020-30-covid-19-growth-and-change
Cybersecurity is a practice of protecting the network, computers, mobile devices, hardware, electronic systems and data from digital or malicious attacks. It is also known as electronic information security and information technology security. Cybersecurity can be segregated into categories including network security, application security, information security, operational security, and others.
Global Cybersecurity Market Segmentation –
The cybersecurity market covered in this report is segmented
1. By solution into network security; cloud application security; end-point security; secure web gateway; internet security; others
2. By enterprise size into small & medium enterprise; large enterprise
3. By deployment type into cloud; on premises
4. By end-use into BFSI; IT & telecommunications; retail; healthcare; government; manufacturing; travel and transportation; energy and utilities; others.
Global Cybersecurity Market Drivers –
Increasing government investments in cybersecurity solutions is a major trend shaping the growth of the cybersecurity industry.
Request For A Sample Of The Global Cybersecurity Market Report At –
https://www.thebusinessresearchcompany.com/sample.aspx?id=3196&type=smp
A Few Points From The Global Cybersecurity Market ToC
1. Executive Summary
2. Cybersecurity Market Characteristics
3. Cybersecurity Market Size And Growth
3.1. Global Cybersecurity Historic Market, 2015 – 2019, $ Billion
3.1.1. Drivers Of The Market
3.1.2. Restraints On The Market
3.2. Global Cybersecurity Forecast Market, 2019 – 2023F, 2025F, 2030F, $ Billion
3.2.1. Drivers Of The Market
3.2.2. Restraints On the Market
4. Cybersecurity Market Segmentation
5. Cybersecurity Market Regional And Country Analysis
5.1. Global Cybersecurity Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5.2. Global Cybersecurity Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Interested to know more about The Business Research Company?
The Business Research Company is a market intelligence firm that excels in company, market, and consumer research. Located globally it has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services, chemicals, and technology.
Media Contact
Company Name: The Business Research Company
Contact Person: Oliver Guirdham
Email: Send Email
Phone: +44 20 7193 0708
Address:
City: London
State: Greater London
Country: United Kingdom
Website: https://www.thebusinessresearchcompany.com/