TOP 10 COMPANIES IN CYBERSECURITY SERVICES MARKET

The Cybersecurity Services Market is projected to reach $158.4 billion by 2030, at a CAGR of 17.5% from 2023 to 2030. The growth of the cybersecurity services market is driven by the growing significance of cybersecurity services in the banking sector and rising government initiatives encouraging the adoption of cybersecurity services. In addition, the growing need for cybersecurity services among SMEs, the increasing use of artificial intelligence, machine learning, and blockchain technologies for cyber defense, and the development of smart infrastructure are expected to create market growth opportunities. However, the shortage of trained professionals restrains the growth of this market.

Top 10 Companies Operating in Cybersecurity Services Market

Cisco Systems, Inc. (U.S.)

Incorporated in 1984 and headquartered in California, U.S., Cisco designs and sells a broad range of technologies that power the Internet. Its intent-based technologies continuously learn and adapt to provide customers with highly secure, intelligent platforms for their digital businesses across networking, security, collaborations, applications, and the Cloud. The company operates through two business segments: Products and Services. The company offers advanced technologies such as IP, security, home networking, optical networking, storage area networking, and wireless portals. The company’s cybersecurity services portfolio comprises secure assessment services, managed security services, and DNS security services.

Fortinet, Inc. (U.S.)

Incorporated in 2000 and headquartered in California, U.S., Fortinet, Inc. is a leading provider of security applications. The company’s portfolio of security gateways, subscription services, and complementary products delivers network, content, and cybersecurity for enterprises of all sizes, service providers, and telecommunications carriers. The company operates through two business segments: Product and Service. The company’s cybersecurity services portfolio comprises FortiCare professional services, managed cloud security services, identity governance, and endpoint detection and response services.

IBM Corporation (U.S.)

Founded in 1911 and headquartered in New York, U.S., IBM is a leading cloud platform and cognitive solutions company. The company offers one of the most advanced and integrated portfolios of enterprise security products and services. The company operates through five business segments: Software, Consulting, Infrastructure, Financing, and Other. The company’s cybersecurity services portfolio comprises managed cybersecurity services, endpoint security management services, security & consulting services, application threat modeling services, and DevSecOps services.

Check Point Software Technologies Ltd (U.K.)

Incorporated in 1993 and headquartered in Tel Aviv, Israel, Check Point is a leading provider of cybersecurity solutions. The company specializes in providing network, endpoint, and data security solutions. The company offers a multilevel security architecture called Infinity total protection with Gen V advanced threat prevention. This combined product architecture defends an enterprise’s cloud, network, and connected devices. The company operates through three business segments: Products and Licenses, Security Subscriptions, and Software Updates and Maintenance. The company’s cybersecurity services portfolio comprises professional services, threatCloud managed security services, security consulting services, and incident response services.

Palo Alto Networks Inc. (U.S.)

Founded in 2005 and headquartered in California, U.S., Palo Alto Networks is a global leader in cybersecurity. The company offers zero-trust network security, cloud security, SASE, security analytics & automation, threat intelligence, and security consulting services. The company operates through two business segments: Product and Subscription and Support. Furthermore, the company provides cybersecurity and IoT strategies to detect, prevent, and resolve IoT security risks. The company’s cybersecurity services framework includes managed detection & response services, managed threat hunting, and professional services.

Meticulous Research in its latest publication on Cybersecurity Services Market has predicted the growth of 17.5% during the forecast year 2023-2030.

Rapid7,Inc. (U.S.)

Founded in 2000 and headquartered in Massachusetts, U.S., Rapid7 is a leading security data and analytics service provider. The company offers IT security solutions that help organizations make informed decisions and create credible action plans. The company operates through two business segments: Products and Professional Services. The company’s cybersecurity services portfolio comprises IoT security testing services, managed security services, vulnerability management, and detection & response services.

Accenture plc (Ireland)

Incorporated in 2009 and headquartered in Dublin, Ireland, Accenture is a leader in end-to-end cybersecurity services. Accenture’s applied cybersecurity services use innovative technologies such as AI to secure cloud, infrastructure, data, digital ID, compliance & platforms. The company provides end-to-end cybersecurity services, and its skilled professionals enable agencies to build the cyber resilience needed to maintain mission assurance. The company’s offerings are categorized into next-generation cybersecurity services, cyber strategy & risk management, zero trust security, cybersecurity operations & nextgen SOC, cloud security, OT & ICS security, and vulnerability research. Accenture operates in the market through three business segments: North America, Europe, and Growth Markets.

Trend Micro Incorporated (Japan)

Founded in 1988 and headquartered in Tokyo, Japan, Trend Micro is a global provider of cybersecurity services. The company provides services to secure physical, virtual, cloud, and container environments more effectively with the Trend Micro Cloud One security services platform. Furthermore, it provides cybersecurity support services for handling customer issues. The company offers premium support, managed XDR, incident response services, and flexible support services coupled with expert monitoring and threat analysis. It provides services for analyzing threat and attack monitoring across its Trend Micro solutions for email, endpoints, servers, cloud workloads, and networks.

Microsoft Corporation (U.S.)

Founded in 1975 and headquartered in Washington, U.S., Microsoft Corporation is a multinational technology company that provides software products such as Microsoft Windows OS, Microsoft Office Suite, and Edge Web browser. The company operates through three business segments: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. The company’s cybersecurity portfolio comprises cloud security services, security risk assessment services, and dynamic identity framework assessment services.

Nozomi, Networks Inc.(U.S.)

Founded in 2013 and headquartered in California, U.S., Nozomi Networks is a leading cybersecurity service provider. The company provides an industrial cybersecurity solution and services for real-time visibility to manage cyber risk and improve resilience for industrial operations. It also offers cybersecurity and operational visibility solutions for industrial control systems. The company’s cybersecurity services portfolio comprises design services, deployment services, optimization services, and project management services.

Authoritative Research on the Cybersecurity Services Market – Global Opportunity Analysis and Industry Forecast (2023-2030)

Need more information? Meticulous Research®’s new Cybersecurity Services Market report covers each of these companies in much more detail, providing analysis on the following:

• Recent financial performance of Cybersecurity Services Market
• Key products
• Significant company strategies
• Partnerships and acquisitions

The Comprehensive report provides global market size estimates, market share analysis, revenue numbers, and coverage of key issues and trends.