Cybersecurity Market to Grow at a CAGR of 14.4% Over 2025-2032; Growing Adoption of Advanced Technologies in Internet Security to Fuel Market Growth

The global cybersecurity market size was valued at USD 193.73 billion in 2024. The market is projected to grow from USD 218.98 billion in 2025 to USD 562.77 billion by 2032, exhibiting a CAGR of 14.4% during the forecast period.

Fortune Business Insights™ presents this information in its report titled, "Cybersecurity Market Size, Share & Industry Analysis, By Component (Solutions and Services), By Deployment (On-premises and Cloud), By Security Type (Network Security, Cloud Application Security, End-point Security, Secure Web Gateway, Application Security, and Others), By Enterprise Size (Small & Medium Enterprises (SMEs) and Large Enterprises), By Industry (BFSI, IT and Telecommunications, Retail, Healthcare, Government, Manufacturing, Travel and Transportation, Energy and Utilities, and Others), and Regional Forecast, 2025-2032".

Cybersecurity is a technique of protecting networks, systems, and programs from digital attacks. Cyberattacks typically access, modify, or destroy critical information, extort users' money, or disrupt usual business processes. The growing implementation of enterprise security solutions in manufacturing, Banking, Financial Services, and Insurance (BFSI), and healthcare is anticipated to fuel market growth during the projected period.

Increased Usage of Gen-AI to Enhance Cybersecurity Management Tools Bolster Market Growth

Generative AI plays a significant role in strategically improving cybersecurity management tools. In addition, some generative AI models are utilized to generate text, videos, and images. Moreover, generative AI offers an additional layer of protection by producing unique, complex passwords or encryption keys that are usually difficult to crack.

Cisco Implemented Strategic Partnerships to Offer AI-driven Security Solution

In May 2025, Cisco established its security solutions, mainly in AI Defense, Extended Detection and Response (XDR), with Splunk's Enterprise Security (ES) and Security Orchestration. The collaboration intends to offer a complete, AI-driven security solution proficiently addressing the developing threat landscape by integrating Cisco's extensive network infrastructure with Splunk's advanced data analytics.

Rising Incidences of Data Breaches to Drive Market Growth

The usage of digital solutions, connected devices, and IT systems is increasing drastically with the existing technology revolution globally. Therefore, cybercriminals now employ sophisticated hacking techniques to breach an organization's IT infrastructure to access crucial business information. Several types of cyberattacks are present, such as DDoS attacks, malware injections, phishing, social engineering, and brute-force attacks. These are capable of affecting significant data and financial losses. Hence, with the increasing amount of security breaches, enterprises across various businesses are adopting cybersecurity solutions to safeguard their critical data, users, networks, and end-points against such attacks, resulting in cybersecurity market growth.

Nevertheless, constraints, including the high cost of implementing solutions and a lack of professionals, restrict market growth.

Key Players to Implement Emerging Technologies to Gain a Larger Consumer Base

Cisco Systems, Inc., IBM, Microsoft, and Broadcom emphasize boosting network capabilities by implementing developing technologies, including advanced analytics and machine learning. They provide complete internet security solutions based on network-related areas. The offerings are superior unified threat management, web, threat protection, network, and data center security, email security, access and policy, integration, advisory, and managed services.

Notable Industry Development

• May 2025: Microsoft declared a strategic collaboration with the Global Anti-Scam Alliance (GASA) to battle the mounting threat of cybercrime, mainly fraud and online scams. This partnership highlights Microsoft's commitment to improving cybersecurity and protecting consumers globally.

List of Key Companies Studied

• Cisco Systems, Inc. (U.S.)
• IBM Corporation (U.S.)
• Fortinet, Inc. (U.S.)
• Proofpoint, Inc. (U.S.)
• Microsoft Corporation (U.S.)
• Palo Alto Networks, Inc. (U.S.)
• Zscaler, Inc. (U.S.)
• Broadcom, Inc. (U.S.)
• F5 Networks, Inc. (U.S.)
• Check Point Software Technologies (Israel)
• NTT Data Group Corporation (Japan)
• Juniper Networks, Inc. (U.S.)
• Sophos Ltd. (U.K.)
• EclecticIQ (Netherlands)
• CounterCraft (Spain)
• Tata Consultancy Services (India)
• Sangfor Technologies (China)
• HCL Technologies (India)
• Huawei Technologies (China)

To get a detailed report summary and research scope of this market, click here:

https://www.fortunebusinessinsights.com/industry-reports/cyber-security-market-101165

Further Report Findings

• North America is set to hold the largest cybersecurity market share, owing to growing high-security breaches, resulting in high demand for cloud application security solutions. The government integrates cutting-edge network security protocols to provide improved security measures to businesses. The U.S dominated the market in the region, owing to rising investments by end-users and a significant demand for business security solutions, fueling the demand for security solutions.
• The market in Europe is expected to increase with a prominent CAGR over the forecast period, fueled by the growing number of internet security projects and related investments by key companies operating in the market in Germany, the U.K., France, Italy, Spain, and other countries. Key providers mount cutting-edge IT security solutions to protect the crucial, intimate information related to manufacturing operations and increase productivity.
• Based on component, the solutions segment led the largest market share, owing to the crucial role they play in safeguarding digital assets by controlling and managing user access to critical resources and information within the enterprise.
• In terms of deployment, the cloud segment held the largest market share. Cloud-based solutions can rapidly scale up or down as per business requirements, making them suitable for industries of all sizes. Cloud solutions provide lower upfront costs and probably subscription-based pricing models, which are economical for businesses.

Table of Segmentation