Global Cyber Security Services Market size to reach USD 178 Billion by 2027 - KBV Research

NEW YORK - March 14, 2022 - PRLog -- Cyber Security Services Market Growth, Trends and Report Highlights

According to a new report Global Cyber Security Services Market, published by KBV research, The Global Cyber Security Services Market size is expected to reach $178 billion by 2027, rising at a market growth of 9.8% CAGR during the forecast period.

The Professional Services market dominated the Global Cyber Security Services Market by Service Type 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $123.93 billion by 2027. One of the elements driving the segment's growth is the demand for a single point of contact and dependable technical help as during the deployment of security solutions.

The Government & Defense market dominated the Global Cyber Security Services Market by End User 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $38.268 billion by 2027. The cyber security efforts of several government entities are being hampered by an impending scarcity of competent workers and difficulties in sharing internal knowledge about vulnerabilities.

The North America market dominated the Global Cyber Security Services Market by Region 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $63.79 billion by 2027. The Asia Pacific market is estimated to grow at a CAGR of 10.6% during (2021 - 2027). Additionally, The Europe market would experience a CAGR of 9.3% during (2021 - 2027).

Full Report: https://www.kbvresearch.com/cyber-security-services-market/

Global Cyber Security Services Market Segmentation

By Service Type

• Professional Services
• Training
• Consulting & Advisory
• Integration
• Support & Maintenance
• Penetration Testing & Bug Bounty
• Others

Managed Services

• Managed Security Incident & Event Management (SIEM)
• Compliance & Vulnerability Management
• Managed Detection Response (MDR)
• Others

By End User

• Government & Defense
• Manufacturing
• BFSI
• IT & Telecom
• Retail
• Healthcare
• Others

By Geography

North America

• US
• Canada
• Mexico
• Rest of North America

Europe

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific

LAMEA

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Companies Profiled

• Crowdstrike Holdings, Inc.
• Deloitte Touche Tohmatsu Limited
• Capgemini SE
• IBM Corporation
• Accenture PLC
• Cisco Systems, Inc.
• DXC Technology Company
• AT&T, Inc. (AT&T Intellectual Property)
• Atos Group
• Rapid7, Inc.