Global Cyber Security Market Size & Outlook, 2023-2030

The cyber security industry worldwide is expected to reach a projected revenue of US$ 500,698.7 million by 2030. A compound annual growth rate of 12.3% is expected of the worldwide cyber security industry from 2024 to 2030.
Revenue, 2023 (US$M)
$222,662.1
Forecast, 2030 (US$M)
$500,698.7
CAGR, 2024 - 2030
12.3%
Report Coverage
Worldwide

Global cyber security market highlights

  • The global cyber security market generated a revenue of USD 222,662.1 million in 2023 and is expected to reach USD 500,698.7 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 12.3% by 2030.
  • In terms of segment, services accounted for a revenue of USD 119,283.7 million in 2023.
  • Hardware is the most lucrative component segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 222,662.1 million
Market revenue in 2030USD 500,698.7 million
Growth rate12.3% (CAGR from 2023 to 2030)
Largest segmentServices
Fastest growing segmentHardware
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHardware, Software, Services

Other key industry trends

  • In terms of revenue, the North America accounted for 34.4% of the global cyber security market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, UAE is the fastest growing regional market and is projected to reach USD 8,308.0 million by 2030.

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Cyber Security Market Companies

Name Profile # Employees HQ Website

Global cyber security market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cyber security market will help companies and investors design strategic landscapes.


Services was the largest segment with a revenue share of 53.57% in 2023. Horizon Databook has segmented the Global cyber security market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Cyber Security Component Outlook (Revenue, USD Million, 2018-2030)
    • Hardware
    • Software
      • Unified threat management
      • IDS/IPS
      • DLP
      • IAM
      • SIEM
      • DDoS
      • Risk and compliance management
      • Others
    • Services
      • Professional services
        • Risk and Threat Assessment
        • Design, Consulting, and Implementation
        • Training & Education
        • Support & Maintenance
      • Managed services
  • Global Cyber Security Security Type Outlook (Revenue, USD Million, 2018-2030)
    • Endpoint security
    • Cloud Security
    • Network Security
    • Application Security
    • Infrastructure Protection
    • Data Security
    • Others
  • Global Cyber Security Deployment Outlook (Revenue, USD Million, 2018-2030)
    • Cloud
    • On-Premise
  • Global Cyber Security Organization Size Outlook (Revenue, USD Million, 2018-2030)
    • Small and Medium Enterprise (SMEs)
    • Large Enterprises
  • Global Cyber Security Application Outlook (Revenue, USD Million, 2018-2030)
    • IT & Telecom
    • Retail
    • BFSI
    • Healthcare
    • Defense/Government
    • Manufacturing
    • Energy
    • Others

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Target buyers of Global cyber security market databook

  • Our clientele includes a mix of cyber security market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of global-level data and insights on the Global cyber security market , including forecasts for subscribers. This global databook contains high-level insights into Global cyber security market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global cyber security market size, by regions, 2018-2030 (US$M)

Top 10 countries: Cyber security market size, 2023 (US$M)

Global cyber security market share, by component, 2023 & 2030 (%, US$M)

Cyber security market: Opportunity assessment by country

Global cyber security market, by region, 2023 (US$M)

Global cyber security market size, by regions, 2018-2030 (US$M)

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