Global Cybersecurity Market Report 2020-2030 | Covid 19 Growth And Change

Cybersecurity Market
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The Business Research Company’s latest report Cybersecurity Global Market Report 2020 covers Cybersecurity market drivers, Cybersecurity market trends, Cybersecurity market segments, Cybersecurity market growth rate, Cybersecurity market major players, and Cybersecurity market size. The report provides in-depth analysis of the impact of COVID-19 on the Cybersecurity industry, along with revised market numbers due to the effects of the coronavirus.

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Cybersecurity Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.

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The global cybersecurity market is expected to grow from $149.46 billion in 2019 to $152.21 billion in 2020 at a compound annual growth rate (CAGR) of 1.83%. The slow growth is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities that led to decline in the bottom line. As a result, companies’ budget for cybersecurity software is expected to decline. The market is then expected to recover and reach $208.28 billion in 2023 at CAGR of 11.02%.

The report covers the Cybersecurity market’s segments-

1) By Solution: Network Security, Cloud Application Security, End-point Security, Secure Web Gateway, Internet Security, Others
2) By Enterprise Size: Small & Medium Enterprise, Large Enterprise
3) By Deployment Type: Cloud, On Premises
4) By End-Use: BFSI, IT & Telecommunications, Retail, Healthcare, Government, Manufacturing, Travel and Transportation, Energy and Utilities, Others

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The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.


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