The global video surveillance as a service market size in 2021 was $2,992.4 million, and it is expected to advance at a CAGR of 18.3% during the forecast period, to reach $13,584.3 million by 2030.
The global embedded security market size was $6,140.8 million in 2021, and the market size will advance at a 6.1% CAGR during the forecast period, to reach $10,470.0 million by 2030.
Global data center market was $220.0 billion in 2021. This market number is expected to increase with 5.1% CAGR to reach $343.6 billion by 2030.
The cyber security market revenue stood at $119.9 billion in 2019, and it is expected to witness a CAGR of 12.6% during 2020–2030.
The cyber insurance market revenue stood at $5,573.2 million in 2019, and the market is predicted to grow at a CAGR of 26.3% between 2020 and 2030.
Valuing $511.9 million in 2019, the global key management as a service market is expected to witness considerable growth, at a CAGR of 25.9% during the forecast period (2020–2030). The major reasons behind the robust industry advance are the increasing need to meet regulatory compliance and rising number of data breach cases.
The global data protection as a service (DPaaS) market is projected to witness considerable growth during the forecast period (2020–2030). This attributed to the rapid adoption of cloud computing technology, increasing focus of enterprises toward digital transformation, rising concern of data loss among organizations, surging preference for bring-your-own-device (BYOD) at workplaces, and rise in the cases of data breaches.
Crowdsourced security methods invite a group of people (a crowd) to test an asset for vulnerabilities. The global crowdsourced security market is projected to attain a significant growth during the forecast period, owing to increasing focus by several industries to upgrade the traditional security measures, necessities to meet different compliance requirements, and growing number of threats and cyberattacks from hackers.
The global incident and emergency management market is projected to witness considerable growth during the forecast period (2020–2030).This can be attributed to the increasing requirement for security and safety solutions, owing to the strict regulations for public safety, rising cases of natural calamities and terrorist attacks, rise in economic loss due to natural hazards, and requirement of emergency preparedness.
The global automated breach and attack simulation market is expected to grow at a substantial rate during the forecast period (2020–2030), attributing to the increasing security investments and rising concerns over complying with security regulations.
Increasing number of security breaches is a key factor driving the growth of the global DevSecOps market. In addition, growing emphasis on highly secure applications’ delivery and increasing focus on security and compliance are some of the other key factors supporting the market growth.
The global hybrid cloud market is projected to witness significant growth during the forecast period (2020–2030), owing to increasing demand for scalable, agile, and cost-effective computing; rising volumes of business data; and growing penetration of applications and digital services in small, medium, and large enterprises.
The global BFSI security market stood at $31.3 billion in 2019 and is projected to reach $175.1 billion in 2030, registering a CAGR of 16.9% during the forecast period (2020–2030). Surging number of data breaches in the financial services industry is one of the major factors for the growth of the market.
The global patch management market generated $535.4 million in 2019, and is further projected to reach $3,245.6 million by 2030, exhibiting a CAGR of 17.8% during the forecast period (2020-2030).
The global security policy management market stood at $1,622.3 million in 2018, and it is further expected to generate $2,647.1 million revenue by 2024, witnessing a CAGR of 9.1% during 2019–2024.
The global AI in battery management market is projected to witness considerable growth during the forecast period.
Rising digital transactions, increasing data breaches and cyber-attacks, growing adoption of bring your own device (BYOD) among enterprises, stringent data privacy regulations and the growing pressure of data security compliances are some of the key factors driving the growth of multi-factor authentication market across the globe.
A video surveillance system is a combination of software and hardware components and is used to capture and analyze video. Though, analog video surveillance acquired steady grip in the market, however, IP video surveillance registering potential growth year-over-year.
The global mobile virtual private network (VPN) market was valued $525.4 million in 2017 and is predicted to progress at a CAGR of 19.7% during 2018–2023.
Cloud monitoring market is gaining traction across the globe due to the increase in IT industries that are switching to cloud services. It finds application in areas like, BFSI, retail and consumer goods, media and entertainment, and manufacturing. The rising number of security threats and data breaches are propelling the adoption of such solutions. It provides enhanced security capabilities and insights that help to proficiently detect and prevent vulnerabilities.
Mobile VPN is gaining traction in China owing to it growing adoption in multiple industries. The increasing demand of employee productivity enhancement among Chinese enterprises, has been driving the mobile VPN market in the country. The surge in number of internet subscribers looking for secure data transfer over private and public network is augmenting the market growth. Direct sales have been the major revenue generator in the mobile VPN industry in the country.
Mobile VPN market is gaining traction in Europe with the growing demand for remote accessibility in large, medium and small enterprises and rising incidence of cyber threats. Mobile VPN are used in organization as they offer uninterrupted services to users even when they switch public and private networks frequently. It also offers separate tunnels which provide seamless communication to users and are not tied to any physical IP address, instead, they are linked with logical IP address which remains same even when user moves
The U.S. digital signature market size was valued at $230.7 million in 2016, and is forecasted to witness over 20% CAGR during the forecast period. The U.S. government’s paperwork elimination act (GPEA) is a key factor driving the growth of U.S. digital signature market. The act encourages central agencies to use electronic filing, electronic signatures and electronic forms for conducting business with public.
The demand for critical infrastructure protection (CIP) is increasing rapidly, since the virtual and cyber world are exposed to innumerable threats of hacking, attacks and theft. The critical infrastructure protection solutions are being increasingly adopted by various industries such as electricity, oil and gas, telecommunication, water supply generation, transmission and distribution, agriculture, food production and distribution, financial services and security
The global deep packet inspection and processing market is driven by the growing demand of cyber security solutions. The key factors responsible for the persistent growth of the market include the increasing mobile network, less regulated internet infrastructure, increasing business complexities and growing adoption of BYOD (bring your own device).
The growing demand for information security in enterprises is a major driver for the growth of the global enterprise firewall market. The increasing demand for cloud-based firewall solutions, due to their cost effectiveness and real time functionalities are expected to drive the growth of the global market. The growing numbers of small and medium sized organizations are expected
The global fingerprint access control systems market is experiencing a major boost, due to the up surging need for security and customer protection from identity theft, as cyber scams, spamming, and hacking are increasing. As the e-commerce industry is growing continuously, the number of cases against fraud, identity theft, and hacking are also increasing. The construction of
The availability of diverse security solutions and technological advancements are some of the factors, responsible for the growth of the global airport security market. The capability of security systems to integrate with multiple platforms has extended the growth scope of the global airport security industry. Moreover, the reduced time on screening procedures and real time data
The security of critical data stored in several electronic devices is becoming more important in the world of information technology. The integration of cloud computing technology with the iris biometrics system has created opportunities for the growth of the global iris recognition market. There is high adoption of biometrics in various projects, like e-visas, e-passports, and
The global enterprise data storage market is growing at a rapid pace, as more data is being digitized and deposited on storage disks of different size capacities. The increased demand for cloud computing services is a major growth driver, which is fuelling the growth of the global enterprise data storage market. Enterprises throughout the world have started to shift towards cloud
The industrial control systems (ICS) security market is growing by a considerable rate due to huge investments by countries globally towards smart technologies, and increasing cyber risks such as stuxnet and night dragon. Increasing smart grid deployments, cloud computing for critical infrastructure protection, and increase in spending by the industries for industrial control
The intense need to improve the quality of protection, and increased network complexity of specialized threat protection and analysis, are the major growth drivers of the specialized threat analysis and protection market. Enterprises are gradually implementing software as a service (SaaS)-based solutions, due to the welfares offered by them, such as the accessibility of pay-
North America leads the threat intelligence security market, whereas Asia-Pacific dominates the threat intelligence security market, which is expected to grow at an exponential rate in the coming years. The high growth in these regions is due to the fact that server message blocks (SMBs) in the regions, are directing towards threat intelligence security to protect the consumers