Chicago, Dec. 20, 2022 (GLOBE NEWSWIRE) -- The Cyber Security Market size is expected to grow from an estimated value of USD 173.5 billion in 2022 to 266.2 billion USD by 2027, at a Compound Annual Growth Rate (CAGR) of 8.9% from 2022 to 2027, according to report by MarketsandMarkets. Some factors driving the cyber security market growth include rise in high-intensity cyber-attacks targeting enterprises, the need for stringent compliance and regulatory requirements, and growing adoption of cloud-based services.
Browse in-depth TOC on "Cyber Security Market”562 - Tables58 - Figures494 - Pages
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Scope of the Report
Report Metrics
Details
Market size value in 2022
US $173.5 billion
Market size value in 2027
US $266.2 billion
Growth Rate
8.9% CAGR
Largest Market
North America
Market size available for years
2016–2027
Base year considered
2021
Forecast period
2022–2027
Forecast units
Value (USD)
Market Segments Covered
Components, software, services, security type, deployment mode, organization size, vertical, and region
By Component
By Services
By Vertical
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