-
Sector Analysis
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 Report 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...
-
Thematic Analysis
Cybersecurity in Construction – Thematic Research
Cybersecurity in Construction Market Overview Cybersecurity is the practice of defending computers, servers, mobile devices, electronic systems, networks, and data from malicious attacks. Cybersecurity has never been more disruptive, as the number of cyberattacks on companies increases and the potential damage and disruption caused grows exponentially. The construction sector faces many challenges that lead to cybersecurity vulnerabilities. Construction projects are increasingly complex with greater collaboration between stakeholders. Diversified supply chains lead to many third parties with access to valuable intellectual...
-
Thematic Analysis
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...
-
Thematic Analysis
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...
-
Thematic Analysis
Cybersecurity in Consumer Goods – Thematic Research
Cybersecurity in Consumer Goods Thematic Report Overview 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 means consumer goods companies have become more reliant on information technology (IT) and operational technology (OT) systems that are connected to both...
-
Thematic Analysis
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...
-
Thematic Analysis
Cybersecurity in Mining – Thematic Research
The global cybersecurity market size was $125.6 billion in 2020. The market is projected to grow at a CAGR of 9% during the period 2020-2025. Cybersecurity is the practice of defending computers, servers, mobile devices, electronic systems, networks, and data from malicious attacks. The IoT sensors, augmented reality (AR) devices, autonomous vehicles, and drones that improve mining operations are equally capable of halting activity if they fall prey to cyberattacks. The operational technology (OT) networks of mining operations are particularly...