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Digitalization of Healthcare Drives Hospitals to Spend Big on Cyber Security

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Global Market for Enterprise Cyber Security Solutions

Global Market for Enterprise Cyber Security Solutions

Global Market for Enterprise Cyber Security Solutions

Dublin, May 08, 2023 (WORLD NEWSWIRE) — The “Enterprise Cyber Security Solutions – Global Strategic Business Report” report has actually been contributed to ResearchAndMarkets.com’s offering.

The international market for Enterprise Cyber Security Solutions approximated at US$56.5 Billion in the year 2022, is predicted to reach a modified size of US$116.9 Billion by 2030, growing at a CAGR of 9.5% over the analysis duration 2022-2030.

Telecom & Manufacturing, among the sections examined in the report, is predicted to tape-record a 9.3% CAGR and reach US$40.5 Billion by the end of the analysis duration.

Taking into account the continuous post pandemic healing, development in the Government section is adjusted to a modified 9.8% CAGR for the next 8-year duration.

The U.S. Market is Estimated at $16.5 Billion, While China is Forecast to Grow at 8.9% CAGR

The Enterprise Cyber Security Solutions market in the U.S. is approximated at US$16.5 Billion in the year 2022. China, the world’s second biggest economy, is anticipated to reach a predicted market size of US$20.2 Billion by the year 2030 tracking a CAGR of 8.9% over the analysis duration 2022 to 2030.

Among the other notable geographical markets are Japan and Canada, each projection to grow at 8.4% and 8% respectively over the 2022-2030 duration. Within Europe, Germany is anticipated to grow at around 7.4% CAGR.

Select Competitors (Total 23 Featured) –

  • Akamai Technologies, Inc.

  • Check Point Software Technologies Ltd.

  • Cisco Systems, Inc.

  • IBM Corporation

  • Intel Corporation

  • Symantec Corporation

Key Attributes:

Report Attribute

Details

No. of Pages

183

Forecast Period

2022 – 2030

Estimated Market Value (USD) in 2022

$56.5 Billion

Forecasted Market Value (USD) by 2030

$116.9 Billion

Compound Annual Growth Rate

9.5%

Regions Covered

Global

Key Topics Covered:

I. METHOD

II. EXECUTIVE SUMMARY

1. MARKET INTRODUCTION

  • Influencer Market Insights

  • World Market Trajectories

  • Enterprise Cyber Security Solutions – Global Key Competitors Percentage Market Share in 2022 (E)

  • Impact of Covid-19 and a Looming Global Recession

  • Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. CONCENTRATE ON SELECT GAMERS

3. MARKET TRENDS & DRIVERS

  • Worrisome Increase in Data Breaches, Service Interruptions & Massive Business Losses Provides the Cornerstone for Growth in Enterprise Cyber Security Solutions

  • Growing Ubiquity of Data Breaches & Cyber Intrusions Catapults the Importance of Cyber Security Solutions: Global Annual Number of Data Breaches by Type of Enterprise

  • Rising Business Losses Due to Data Breaches Steps Up Enterprise Focus on Cyber Security: Average Annual Cost of Data Breaches (In US$ Million) by Country

  • Lost Business Opportunity Which Enterprises Can Ill Afford in a Challenging Economic Climate Represents the Largest Component of Data Breach Cost: Breakdown of the Average Global Cost of Data Breach by Cost Component (In US$ Million)

  • Digital Evolution into Connected Enterprises, a Game Changing Enterprise Trend, Makes Cyber Attacks a Potent Security Threat

  • As the Connected Enterprise Becomes a Reality, Enterprises Are Forced to Operate in a Zero Trust World: Global Market for Connected Enterprise (In US$ Billion) for the Years 2017, 2019, 2023 & 2025

  • Increasing Adoption of Cloud Based Services Strengthens the Business Case for Cloud Security

  • Tectonic Shift of IT to the Cloud as Measured by the Volume of Enterprise Data Residing in the Cloud: Percentage Breakdown of Enterprise Workloads in On-Premises, Public, Private& Hybrid Cloud for the Years 2019 & 2022

  • Workforce Mobility & BYOD Spur the Focus on Cyber Security

  • Rise of BYOD in Response to Growing Workforce Mobility Needs Drives the Focus on Handling the Risks Posed by Mobile Cloud Computing: Global BYOD & Enterprise Mobility Market (In US$ Billion) for the Years 2017, 2019, 2022 and 2024

  • Enterprise IoT Brings Digital Security into the Forefront

  • Bracing for IoT in the Enterprise Will Mean Greater Focus on Cyber Security: Global Enterprise IoT Market (In US$ Billion) for the Years 2017, 2019, 2022 and 2024

  • IoT Devices Becomes the Focus of Cyber Attacks, Driving Demand for IoT Security Solutions: Number of Malware Samples for IoT Devices from Known Malicious URLs Currently Available in Kaspersky Lab’s Collection for the Years 2016, 2017 & 2018

  • Technologies Driving the Penetration of Enterprise IoT Projects: % Level of Adoption of IoT Enabling Technologies in the Enterprise for the Year 2019 & Planned for the Year 2020 and Beyond

  • Smart Logistics & Fleet Management Drive Need for Cyber Security Solutions in the Transportation End-Use Industry

  • With Enhanced Connectivity Comes Equally High Levels of Risk: Global Connected Logistics Market (In US$ Billion) for the Years 2017, 2019, 2022 and 2024

  • Critical Infrastructure Protection Needs Drive Growth in the Government Sector As Smart Cities Become the Pet Project of Governments Worldwide

  • As Spending on Smart Cities Increases, Cyber Security Will Command an Increasingly Larger Share of the Spends: Global Smart City Technology Spending (In US$ Billion) for the Years 2017, 2019 & 2022

  • Digitalization of Healthcare Drives Hospitals to Spend Big on Cyber Security

  • High Demand for Medical Records in the Black Market Catalyzes the Threat of Healthcare Data Breaches, Throwing the Focus on Data Protection Best Practices: Healthcare Data Breaches in the U.S for the Years 2009 Through 2020

  • Smart Factory & IIoT Drives Massive Investments in Cyber Security in the Manufacturing Industry

  • With Manufacturing IT Prone to the Highest Risk of Attacks, Cybersecurity Emerges as a Key Enabler of Industry 4.0: % Breakdown of Malware Attacks Against IT Networks Across Industries in the Year 2019

4. INTERNATIONAL MARKET POINT OF VIEW

III. MARKET ANALYSIS

IV. COMPETITORS

For more info about this report go to https://www.researchandmarkets.com/r/9oldof

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for worldwide marketing research reports and market information. We supply you with the latest information on worldwide and local markets, essential markets, the leading business, brand-new items and the latest patterns.

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