Enterprise IT Security Market Size, Trends, Drivers and Challenges, Vendor Landscape, Opportunities and Forecast to 2029
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The global enterprise IT security market research report provides an executive-level overview of the current enterprise IT security market worldwide, with detailed forecasts of key indicators up to 2029. Published annually, the global enterprise IT security market report provides a detailed analysis of the near-term opportunities, competitive dynamics, and evolution of demand by product/service type and verticals across the large enterprise and micro, small & medium enterprise (MSME) markets, as well as a review of key enterprise IT security market trends as well as the technological developments that are shaping the enterprise IT security landscape.
The global outlook report provides information and insights into global enterprise IT security market
– The primary finding from GlobalData's view of revenue opportunities in the enterprise IT security market through to 2029, highlighting the market size and growth by product/service, by region, by vertical and by size band.
– The latest trends impacting the enterprise IT security market.
– The market drivers that will facilitate the growth of enterprise IT security market.
– The market challenges/inhibitors that may hinder the pervasive adoption of enterprise IT security.
– The overview of top ICT vendors in the enterprise IT security market.
Scope
This outlook report analyses the current trends, drivers, and challenges impacting the enterprise IT security market. The report outlines the evolution of enterprise IT security, and identifies and assesses the best performing vendors in the market. This report also presents GlobalData’s view of the revenue opportunities in the enterprise IT security market through to 2029, highlighting the market size and growth by technology, geography, and size band.
Key Highlights
The global enterprise IT security market size was valued at $177.3 billion in 2024. The market is expected to grow at a CAGR of 13% during the forecast period (2024-2029). The global enterprise IT security market is vast and growing rapidly, with both public and private sector organizations facing increasingly sophisticated cyber threats, wider attack surfaces due to cloud and remote work adoption, and immense regulatory pressure to protect sensitive data.
According to GlobalData, enterprise IT security would see majority share of its revenue come from managed security services segment over the forecast period. Revenue from managed security services reached $70 billion in 2024 and is set to grow up to $123.2 billion in 2029 at a CAGR of 12%.
BFSI and manufacturing are the leading end-use vertical segment for enterprise IT security, in terms of revenue contribution, and will remain so over the forecast period.
Asia-Pacific is the leading regional market with revenue estimated at $63.8 billion for 2024 and set to grow up to $118.3 billion by 2029 at a CAGR of 13.1%.
Reasons to Buy
This Global Outlook Report provides a comprehensive assessment of the enterprise IT security market. It helps the reader to understand the enterprise IT security market landscape, the recent trends, drivers, and challenges/inhibitors shaping the enterprise IT security market.
The report is exhaustive and up-to-date providing market opportunity forecasts in the enterprise IT security market from 2024 to 2029, spanning technology segments (services), six regions, 24 verticals, and two size bands.
The report provides an assessment of enterprise IT security vendors.
Palo Alto Networks
Trend Micro
Check Point Software Technologies
Cisco Systems
Table of Contents
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