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Thematic Analysis
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Enterprise Security Software Sector Scorecard, Q3 2023 Update – Thematic Intelligence
As we approach the end of 2023, artificial intelligence (AI) remains arguably the most significant theme on the thematic screen of GlobalData’s enterprise security software sector scorecard. AI is at the heart of defensive measures to repel cyberattacks. That is even more the case following the rush of interest in and development of generative AI platforms in the first half of 2023, which is why the weighting for the AI theme was increased in Q3 2023 to 15% from 10%.
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Thematic Analysis
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Cybersecurity in Travel and Tourism – Thematic Intelligence
Cybersecurity in Travel and Tourism Report Overview The travel industry holds hugely valuable and sensitive data on every traveler. If these data points are not well protected, there are significant risks for customers. Such breaches can damage a company's reputation. Cybercriminals exploit the vulnerabilities within a cybersecurity strategy, so a rigorous approach is central to effective risk management. To tackle cyber threats, a company’s cybersecurity strategy must involve contingency planning, outlining immediate actions, post-breach responses, and an understanding of the...
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Thematic Analysis
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Cybersecurity – Thematic Intelligence
Cybersecurity Thematic Overview Cyber risks are higher than ever, and the consequences of attacks are significant. State-sponsored cyberattacks are likely to increase in 2023. The Russian invasion of Ukraine, a continuing trade war between the US and China, and high-profile elections are all catalysts for such attacks. Attacks on critical national infrastructure and supply chains, highly effective at causing large-scale disruption and long-lasting financial impact, will increase in 2023. The Cybersecurity thematic intelligence report assesses how cybersecurity can be used...
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Thematic Analysis
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Tech, Media and Telecom (TMT) Themes 2023 – Thematic Intelligence
Tech Media and Telecom Market Analysis Overview Profound shifts in the global economy are underway, driven by various factors, including demographic shifts, climate change, supply chain disruption, and geopolitical tensions. Furthermore, technology adoption and innovation will play a vital role in helping enterprises, governments, and individuals adapt to new realities in an increasingly uncertain world. History shows that tech-enabling your businesses during a recession makes you more resilient to future shocks. The tech, media, and telecom (TMT) themes report provides...
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Sector Analysis
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Cybersecurity Market Size, Share & Trends Analysis Report by Type (Enterprise, Consumer), Product (Security Consulting, Managed Service Providers, Identity & Access Management), Vertical, Enterprise Size, Region, and Segment Forecasts, 2022-2026
Cybersecurity Market Overview The cybersecurity market size will be valued at $261.01 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 8.7% over the forecast period. The frequency, complexity, and severity of cyber-attacks have increased, as threat actors continually adapt their strategies. Consequently, it is essential to employ sophisticated cybersecurity measures that can efficiently identify and counteract these threats. Consequently, the evolving security threats coupled with rising threat of targeted cyberattacks are factors...
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Thematic Analysis
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Cybersecurity in Banking – Thematic Research
Cybersecurity in Banking Report Overview Cybersecurity in banking has become more important than ever as the rapid evolution of digital banking has resulted in customers finding it more convenient to manage their finances through online channels, exposing banks and financial institutions to increased levels of cyber threats. The impact of cyberattacks on financial institutions can be catastrophic, so innovation will be needed to counter the continuously evolving cyber threat landscape in the retail banking sector, which includes both channel shifts...
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Thematic Analysis
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Cybersecurity in Insurance – Thematic Research
The global cybersecurity revenue in the insurance sector was $6.4 billion in 2020. The market is expected to grow at a CAGR of more than 10% from 2020 to 2025. The sector’s rapid digital transformation will drive this growth. COVID-19 led to more customers accessing their accounts digitally and insurers selling through digital channels, increasing the sector’s cyber risk. The rise in complex ransomware attacks, the persistence of hybrid working models, ongoing supply chain threats, and the Russia-Ukraine war have...
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Thematic Analysis
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Cybersecurity in Defense – Thematic Research
The threat of cyber-attacks has never been greater, growing in line with increased connectivity between physical and digital systems. Lower barriers to entry for cyberthreat actors, more aggressive attack methods, a dearth of cybersecurity professionals, and patchwork governance mechanisms have aggravated the risk for all companies. Cybersecurity has become a key issue to consider for all sectors, however, the sensitive nature of defense data and consequential national security concerns elevate the importance of data security for defense manufacturers. Cybersecurity for...
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Thematic Analysis
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Cybersecurity in Consumer Goods – Thematic Research
The global cybersecurity revenue in consumer goods was $116.6 billion in 2020. The market is expected to grow at a CAGR of more than 9% during the forecast period. Cybersecurity is the body of technologies, processes, and practices designed to protect networks, computers, programs, and electronic data from attack, damage, or unauthorized access. Cybersecurity is more important than ever for consumer goods companies. The pandemic has accelerated the digitalization of business operations and has normalized remote working and eCommerce. This...
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Thematic Analysis
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Cybersecurity in Foodservice – Thematic Research
The global cybersecurity revenue in foodservice was $1.2 billion in 2020. The market is expected to grow at a CAGR of more than 11% during the forecast period. The COVID-19 pandemic forced foodservice companies to digitally transform, shifting to online delivery, remote communication with employees, and digitalizing supply chain management. Foodservice suppliers that neglect the cybersecurity of operational technology (OT) are at risk of increasingly frequent and complex ransomware attacks, as evidenced by JBS’ ransomware attack in 2021. The growth...
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