Neutral, analyst-led overview of the global cybersecurity market covering market size, growth outlook, segmentation, competitive landscape, regulatory environment, and strategic implications through 2030.
Excerpt
Executive Summary
The global cybersecurity market has transitioned from a reactive information technology function into a strategic priority across enterprises, governments, and critical infrastructure operators. This shift is being driven by the rising scale and sophistication of cyber threats, the expansion of digital attack surfaces, and the convergence of information technology and operational technology environments. As organizations accelerate cloud adoption, remote work, artificial intelligence deployment, and data-driven business models, cybersecurity has become central to operational continuity, regulatory compliance, and enterprise risk management.
In 2024, the global cybersecurity market is estimated at US$215.0–225.0 billion, reflecting sustained double-digit expansion over the past five years. Between 2019 and 2024, the market grew at a compound annual growth rate of approximately 11.5 percent, supported by rising enterprise security budgets, increasing regulatory scrutiny, and the growing financial impact of cyber incidents. Looking ahead, the market is projected to reach US$430.0–460.0 billion by 2030, expanding at a compound annual growth rate of 12–13 percent during the 2025–2030 forecast period.
Market growth is increasingly shaped by a structural shift away from fragmented, point-based security tools toward integrated platforms covering cloud security, identity…