Cyber Security as a Service Market Size, Trends, Shares, Revenue, Share Estimation, Challenges, Business Opportunities, Forecast 2022 – 2031

Kenneth Research, in its repository of market research reports, have recently added a report on Cyber Security as a Service Market which emphasizes on the latest trends, key opportunities, drivers, and the challenges associated with the growth of the market during the forecast period, i.e., 2022-2031. The Cyber Security as a Service Market is anticipated to grow primarily on account of the growing trade of ICT goods and services worldwide. According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019.

U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Cyber Security as a Service Market products.

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Moreover, increase in ICT spending around the globe for hardware, software, services, new technologies and telecom among others is also anticipated to contribute to the growth of the market in the coming years. The spending on new technologies recorded around USD 0.6 million in 2018 and is further estimated to reach close to USD 1.3 million by 2023. The total ICT spending around the globe further recorded close to USD 5 million in 2019 and is further.

Global Cyber Security as a Service Market to reach USD 92.3 billion by 2025.Global Cyber Security as a Service Market valued approximately USD 28.9 billion in 2017 is anticipated to grow with a healthy growth rate of more than 12.7% over the forecast period 2018-2025. The global cyber security as a service is rapidly growing at a significant pace. The major driving factor of global Cyber Security as a Service market are high demand for auditing & logging security services and booming content industry. The major restraining factor of global cyber security as a service are lack availability of infrastructure. Cyber security as service refers to preventive techniques utilized to protect and safeguard an organization information & system from cyber warfare espionage and terrorism.

It is a critical part of the security strategies adopted by various governments as cyberattacks are mostly aimed at military, political and infrastructural assets. There are many benefits of such as cybersecurity solutions provide digital protection to your service, effective cybersecurity eliminates this possibility and maximizing your service potential output, it is ensuring that your service is secure from cyber threats will also help to protect your customers and it can inspire trust in your customer that their personal data will not be comprised.

The regional analysis of Global Cyber Security as a Service Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to high level of digitalization and rising number of connected devices. Europe also contributes a satisfactory growth in the global cyber security as a service market. Asia Pacific also anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025 due to rising number of startups and government initiatives and regulations concerning cyber as a service market.

The major market player included in this report are:
• Armor Defense Inc.
• AT & T
• BAE System
• Capgemini
• Choice Cybersecurtity
• Transputec Ltd.
• Cloudlock
• Black Stratus
• Fire Eye Inc.
• Optiv security

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Security Type:

. Enterprise Security
. Endpoint Security
. Cloud Security
. Network Security
. Application Security

By Service Type:

. Threat Intelligent & Behaviour Analysis
. Auditing & Logging
. Monitoring & Altering

By End-User:

. IT & Telecom
. Retail, BFSI
. Healthcare
. Defense
. Automotive
. Others

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By Regions:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025

Target Audience of the Global Cyber Security as a Service Market in Market Study:

. Key Consulting Companies & Advisors
. Large, medium-sized, and small enterprises
. Venture capitalists
. Value-Added Resellers (VARs)
. Third-party knowledge providers
. Investment bankers
. Investors

TABLE OF CONTENTS

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Key Trends
1.3. Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)
1.3.1. Cyber Security as a Service Market, by Security Type, 2015-2025 (USD Billion)
1.3.2. Cyber Security as a Service Market, by Service Type, 2015-2025 (USD Billion)
1.3.3. Cyber Security as a Service Market, by End-User, 2015-2025 (USD Billion)
1.3.4. Cyber Security as a Service Market, by Region, 2015-2025 (USD Billion)
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Cyber Security as a Service Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Cyber Security as a Service Market Dynamics
3.1. See Saw Analysis
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Cyber Security as a Service Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Buyers
4.1.2. Bargaining Power of Suppliers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.2. PEST Analysis
4.2.1. Political Scenario
4.2.2. Economic Scenario
4.2.3. Social Scenario
4.2.4. Technological Scenario
4.3. Value Chain Analysis
4.3.1. Supplier
4.3.2. Manufacturers/Service Provider
4.3.3. Distributors
4.3.4. End-Users
4.4. Key Buying Criteria
4.5. Regulatory Framework
4.6. Cost Structure Analysis
4.6.1. Raw Material Cost Analysis
4.6.2. Manufacturing Cost Analysis
4.6.3. Labour Cost Analysis
4.7. Investment Vs Adoption Scenario
4.8. Analyst Recommendation & Conclusion
Chapter 5. Cyber Security as a Service Market, by Security Type
5.1. Market Snapshot
5.2. Market Performance – Potential Model
5.3. Key Market Players
5.4. Cyber Security as a Service Market, Sub Segment Analysis
5.4.1. Enterprise Security
5.4.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
5.4.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

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