Cyber Security Market to USD 478.68 Billion by 20 30 , Huge Opportunity For Investors Increase in malware & phishing threats among enterprises, rise in adoption of IoT & BYOD trend, and surge in demand for cloud - based cybersecurity solutions drive the growth of the global cyber security market. The remote working culture has given way to a steep increase in demand for strong authentication methods, thereby impacting the global cyber security market positively during the Covid - 19 pandemic. According to the report published by Allied Market Research, the global cyber security market was estimated at $197.36 billion in 2020 and is expected to hit $478.68 billion by 2030, registering a CAGR of 9.5% from 2021 to 2030. Request Sample Report at: https://www.alliedmarketresearch.com//request - sample/1770 Covid - 19 Scenario - • The remote working culture has given way to a steep increase in demand for strong authentication methods, thereby impacting the global cyber security market positively. • This trend is most likely to continue post - pandemic as well. An increase in malware & phishing threats among enterprises, rise in adoption of IoT & BYOD trends and surge in demand for cloud - based cybersecurity solutions drive the growth of the global cyber security market. On the other hand, budget constraints among organizations restrain t he growth to some extent. However, growth in the adoption of mobile device applications & platforms and an increase in the need for strong authentication methods is expected to create lucrative opportunities in the industry. The global cyber security marke t is analyzed across components, solutions, deployment model, industry vertical, enterprise size, and region. For Report Customization: https://www.alliedmarketresearch.com/request - for - customization/1770 Based on solution, the data segment contributed to more than one - fourt h of the total market revenue each in 2020, and is projected to lead the trail by 2030. The unified segment alone, however, would exhibit the fastest CAGR of 11.1% during the forecast period. Based on region, the market across North America held the major share in 2020, garnering nearly one - third of the global market. The Asia - Pacific region, however, would manifest the fastest CAGR of 11.0% throughout the forecast period. Based on component, the solution segment accounted for around two - thirds of the total market share in 2020, and is expected to rule the roost by 2030. The service segment, on the other hand, would garner the fastest CAGR of 11.0% throughout the forecast period. Key Market Players: The key market players analyzed in the global cyber security m arket report include HCL Technologies Limited, Broadcom Inc., Capgemini, Cognizant, F5 Networks Inc., FireEye Inc., IBM Corporation, Infosys Limited, L&T Technology Services Limited, PwC International Limited Broadcom Inc., Tata Consultancy Services, Tech Mahindra Limited, Wipro Limited, and Accenture. These market players have adhered to several strategies including partnership, expansion, collaboration, joint ventures, and others to prove their flair in the i ndustry. For Purchase Inquiry: https://www.alliedmarketresearch.com/purchase - enquiry/1770 Thanks for reading this article; you can also get individual chapter - wise sections or region - wise report versions like North America, Europe, or Asia. If you have any special requirements, please let us know and we will offer you the report as per your requirements. Lastly, this report provides market int elligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision - making for the existing market players as well as those willing to enter the market. About Us: Allied Market Research (AMR) is a full - service market research and business - consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses w ith unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in t heir respective market domains. AMR launched its user - based online library of reports and company profiles, Avenue. 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