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The Cyber Security Market report segments the industry into By Offering (Solutions, Services), By Deployment (On-Premise, Cloud), By End-User Industry (IT and Telecom, BFSI, Retail and E-Commerce, Oil Gas and Energy, Manufacturing, Government and Defense, Other End-user Industries), and By Geography (North America, Europe, Asia, Latin America, Middle East and Africa). Get five years of historical data and market forecasts.
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The global cyber security market was valued at USD 217.65 billion in 2021 and is expected to grow at a CAGR of 9.7% during the forecast period.
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The cyber security market size is predicted to reach $215 billion in 2024 to $697 billion by 2035, growing at a CAGR of 11.3% from 2024 to 2035.
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Cyber Security Market size is expected to be worth around USD 608.3 Billion by 2033, growing at a CAGR of 12.2% during the forecast period.
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The US Cybersecurity Market Report Segments the Industry Into Offering (Solutions, Services), by Deployment Mode (Cloud, and On-Premise), by Organization Size (SMEs, and Large Enterprises), by End User (BFSI, Healthcare, and More). The Market Forecasts are Provided in Terms of Value (USD).
The global revenue in the cybersecurity market was forecast to continuously increase between 2024 and 2029 by in total **** billion U.S. dollars (+***** percent). After the twelfth consecutive increasing year, the indicator is estimated to reach ****** billion U.S. dollars and therefore a new peak in 2029. Notably, the revenue of the cybersecurity market was continuously increasing over the past years.Find further information concerning the revenue in the cybersecurity market in Haiti and the revenue in the 'Cloud Security' segment of the cybersecurity market in Spain. The Statista Market Insights cover a broad range of additional markets.
In 2024, network security is expected to be the largest segment in the global cybersecurity market, accounting for ** billion U.S. dollars. It was followed by vulnerability and security analytics, and identity access management, with a market revenue worth **** and **** billion U.S. dollars, respectively.
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The Global Cybersecurity Market size was valued at around USD 181 billion in 2023 & is estimated to grow at a CAGR of around 10% during the forecast period 2024-30.
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The AI in Cybersecurity Market estimated size and share is projected to exceed USD 219.53 billion by 2034, with a forecasted CAGR of 24.1% during the period.
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Cybersecurity Market is projected to reach US$ 723.8 billion by 2033, growing at a CAGR of 13.40% from 2025 to 2033.
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The global industrial cybersecurity market size was valued at USD 19.00 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 32.76 Billion by 2033, exhibiting a CAGR of 6.24% during 2025-2033. North America currently dominates the market, holding a significant market share of 42.0% in 2024. The rising incidence of cyberattacks against critical infrastructures and the escalating demand for cloud-based solutions and the development of advanced cybersecurity solutions are major factors propelling the market growth. Besides this, industrial cybersecurity market share is driven by the increasing utilization of artificial intelligence (AI) and machine learning (ML) techniques.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024
| USD 19.00 Billion |
Market Forecast in 2033
| USD 32.76 Billion |
Market Growth Rate 2025-2033 | 6.24% |
IMARC Group provides an analysis of the key trends in each segment of the global industrial cybersecurity market, along with forecasts at the global, regional, and country levels from 2025-2033. The market has been categorized based on component, security type, and industry.
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According to Cognitive Market Research, the global industrial cybersecurity market size reached USD 23.5 billion in 2024 and will expand at a CAGR of 8.2% from 2024 to 2031. Market Dynamics of Industrial Cybersecurity Market
Key Drivers for Industrial Cybersecurity Market
Emergence of Disruptive Digital Technologies - Government agencies and other organizations are launching measures to accelerate the use of emerging technologies in manufacturing industries. For example, in 2022, the UAE's Ministry of Industry and Advanced Technology (MoIAT) and EDGE Group PJSC (UAE) signed a memorandum of understanding (MoU) to set up the first Industry 4.0 Enablement Centre to promote the robust implementation of Industry 4.0 technologies throughout the manufacturing sector in the country. Digital transformation boosts productivity, improves efficiency, and lowers manufacturing costs. However, it also gives hackers more opportunities to exploit vulnerable networks and systems. As per Trend Micro Incorporated (Japan), 61% of industrial manufacturers reported cybersecurity problems in their smart factories in 2020. These attacks affected manufacturing processes, causing output delays and permanent loss of capital and essential and confidential data. As a result, the heightened risk of cyberattacks associated with the emergence of disruptive digital technologies has increased the demand for access control, real-time security monitoring, and surveillance in manufacturing facilities, propelling the market adoption of cybersecurity solutions in the industrial sector.
Moreover, the constant increase in the utilization of cloud-based solutions by SMEs and industrial cybersecurity-as-a-service are leading trends in this global market expansion.
Key Restraints for Industrial Cybersecurity Market
The higher implementation costs, the complexity of integration across diverse industrial environments, and a shortage of specialized cybersecurity expertise are the primary barriers to the industrial cybersecurity market's growth.
The industry also faces substantial challenges as some firms are hesitant to adopt new technologies due to concerns about operational disruptions during deployment or potential compatibility issues with existing systems.
Introduction of the Industrial Cybersecurity Market
Industrial enterprises face more cybersecurity challenges than ever before. Ransomware and political instability heighten the risk of safety problems and operational disruptions. The industrial cybersecurity market includes technologies, solutions, and services for protecting industrial control systems (ICS), supervisory control & data acquisition (SCADA) systems, and other operational technology (OT) infrastructure against cyber-attacks and vulnerabilities. Malware, phishing attacks, ransomware, insider threats, and other malicious actions are examples of cyber threats that try to disrupt or compromise industrial processes, vital infrastructure, and manufacturing operations. The introduction of AI and IoT-powered industrial robots has raised the market demand for robust industrial cybersecurity services for defense against increased cyber-attacks and data breaches. The combination of AI and industrial robots enabled the automation of complex and repetitive activities, which is expanding industrial productivity and efficiency.
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The China Cybersecurity Market report segments the industry into By Offering (Solutions, Services), By Deployment Mode (Cloud, On-premise), By Organization Size (SMEs, Large Enterprises), and By End User (BFSI, Healthcare, IT and Telecom, Industrial & Defense, Retail, Energy and Utilities, Manufacturing, Others). Get five years of historical data alongside five-year market forecasts.
In 2022, the overall size of China's cyber security market reached almost 13 billion U.S. dollars. According to the forecast, the industry was projected to reach a market value of over 26 billion U.S. dollars, with cyber solutions promising the largest growth potential.
The total market size of the cybersecurity industry in Australia was estimated to reach over ************ U.S. dollars in 2023. According to the source, the federal government was the largest end-user market for cyber security sales in the country.
In 2022, the revenue of the cybersecurity industry in Indonesia amounted to approximately 1.83 billion U.S. dollars, an increase compared to the previous year. Statista Digital Market Insights estimated that the revenue of cybersecurity market in the country will continue to increase and reach more than 3.5 billion U.S. dollars by 2028.
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Indonesia cybersecurity market size reached USD 1.1 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 6.6 Billion by 2033, exhibiting a growth rate (CAGR) of 19.6% during 2025-2033. The escalating frequency of cyber threats, increased digitalization across industries, rising data privacy concerns, stringent regulatory requirements, the proliferation of the internet of things (IoT) devices, and the accelerated digital transformation due to the COVID-19 pandemic are some of the factors propelling the market growth.
Report Attribute
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Key Statistics
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Base Year
| 2024 |
Forecast Years
| 2025-2033 |
Historical Years
| 2019-2024 |
Market Size in 2024
| USD 1.1 Billion |
Market Forecast in 2033
| USD 6.6 Billion |
Market Growth Rate 2025-2033 | 19.6% |
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on offering, deployment mode, and end user.
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The Cyber Security Market size is expected to reach a valuation of USD 478.8 billion in 2034 growing at a CAGR of 9.6%. The Cyber Security Market research report classifies Market by share, trend, demand, forecast and based on segmentation.
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Global Cybersecurity Market to reach $434.76B by 2029 at 12.9% CAGR, segmented by solutions: infrastructure, network, endpoint, data, application, cloud, and more.
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Cyber Security Market size was valued at USD 197.4 billion in 2021, and is predicted to reach USD 657.02 billion by 2030, with a CAGR of 12.8% from 2022 to 2030.
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The Cyber Security Market report segments the industry into By Offering (Solutions, Services), By Deployment (On-Premise, Cloud), By End-User Industry (IT and Telecom, BFSI, Retail and E-Commerce, Oil Gas and Energy, Manufacturing, Government and Defense, Other End-user Industries), and By Geography (North America, Europe, Asia, Latin America, Middle East and Africa). Get five years of historical data and market forecasts.