Based on security type, the network security providers market has been segmented as follows - Network security, Endpoint security, Application Security, Cloud security, and others.
The best cybersecurity software market is geographically divided into five regions - North America, Europe, APAC, Latin America, and the MEA market. North America will account for the largest market share in next five years. North America has the presence of several prominent market players delivering advanced solutions to all the industry verticals in the regions.
Top cybersecurity companies are Microsoft, AWS, McAfee, Palo Alto, IBM, Malwarebytes, Check Point, Trend Micro and Cisco.
During the COVID-19 pandemic crisis, various governments mandated organizations to adopt new practices for working remotely and maintaining social distancing. Since then, the way of doing business has changed completely, and working digitally became the new Business Continuity Plan (BCP) for various organizations. With the widespread use of BYOD devices, WFH trend, and internet penetration across the world, individuals are progressively inclined towards the use of digital technologies, thereby driving the need for cybersecurity practices for protection against cyber-attacks. The growth is observed for endpoint and Virtual Private Network (VPN) security measures to ensure robust security practices amid the Covid-19 pandemic. All the top cybersecurity companies are implementing new ways to tackle COVID impact.
Broadband and information technologies can help firms expand into new areas while also improving production and efficiency. Companies, on the other hand, require cybersecurity and cyber-resilience plans to not only safeguard their businesses, customers, and data from escalating cybersecurity threats, but also to limit damage in the event of a successful attack. The volume and speed of cyber-attacks are not likely to slow down anytime soon. A good cybersecurity program is the greatest method for a firm to protect itself from these dangers. With the proper preventive measures in place, it is simple to protect employee and customer data, thereby fostering confidence and loyalty while avoiding losses due to security breaches.
The industries most vulnerable to cyber-attacks are Healthcare institutions, Energy and utilities, Finance Services, IT & Telecommunications, Government agencies, Manufacturing, and Higher education facilities.
Social Engineering, Cloud Vulnerabilities, Patch Management, Third Party Exposure, Ransomware (and Ransomware-as-a-Service), Outdated Hardware, Mistaking Compliance for Protection, Inadequate Cyber Risk Management Controls, Internet of Things (IoT), and Lack of Employee Training are the top cybersecurity threats to watch out for in the coming years.
Contenders
Emerging Companies
Mar 2025
Silicon Canals
