Global Computer Security Market Size, Share, Trends, & Growth Forecast Report – Segmented by Type (IAAM, Infrastructure Protection, Network Security, Security Services, Endpoint Security, Cloud Security, and Data Security), Application (Banking, Government, Manufacturing, Transportation, IT & Telecom, Insurance, and Securities) and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Industry Analysis (2024 to 2029)

Updated On: June, 2024
ID: 14737
Pages: 150

Global Computer Security Market Size (2024 to 2029)

The global computer security market is predicted to reach USD 196.08 billion in 2024 and USD 377.54 billion by 2029. growing at a CAGR of 14% during the forecast period.

Current Scenario of the Global Computer Security Market

Around 2365 cyberattacks happened in 2023, with more than 343,338 thousand victims. There has been an over 70 percent surge in data breaches since 2021, which had the prior all-time high record. So, the computer security market is quickly growing and will further evolve with the emergence of advanced technologies, including artificial intelligence, blockchain, Internet of Things, Cloud and edge computing, etc. Moreover, on average, a data breach costs approximately costs 4.45 million dollars. Additionally, healthcare is the biggest target for cyber attackers. Currently, medical treatment has become more connected and networked through desktops, laptops, and other devices, which has also expanded the vulnerabilities of the digital environment of health clinics, hospitals, administrations, and patients.


The fast development of attack vectors or threat landscape is driving the computer security market. The rapidly changing security-related challenges lead to a strong shift in this market.

Among all the ways, Email is the most widespread vector for infiltrating malware. The industry players have increased their investment in research and development of protective measures because around 35 percent of malware was received via email in 2023. Consequently, modern security solutions are being developed continuously to counter the new sophisticated and diverse threats. Further, advanced persistent threats (APTs), zero-day vulnerabilities, and ransomware are propelling the industry to accept more predictive proactive security measures.

Cloud security is another factor accelerating the market growth rate. Companies have prioritized this for strong security measures to safeguard their applications, client services, and data in the cloud servers owing to the extensive utilization of cloud computing.


Insufficient security measures and limited budget allocation are hampering the computer security market growth.

As per a survey, close to 45 percent stated that their procedures and methods are not capable enough of reducing or stopping attacks. Moreover, a big portion of small and medium enterprises, i.e., 45 percent of cyber hacks, breaches, etc., are targeted towards small companies, and out of this, just 14 percent possess the ability and desired preparedness to defend their assets.

The absence of a dedicated team of professionals or department in this regard is decreasing the market's expansion rate. It has been noticed that the top decision-makers have little understanding of this domain, leading to bare minimum investment or efforts.


Emerging technologies and fast-growing economies in the Asia Pacific region are providing potential opportunities for the computer security market.

India is currently at the top in terms of adopting AI, and its significance will only increase with time, which will give a huge open marketplace for domestic and foreign companies to capture a considerable portion of the market. Unlike Europe, it doesn’t have any active cybersecurity or AI policies or laws but is in the process of formulation. Moreover, quantum computing, IoT, zero trust security model and network incorporation, blockchain, and biometric and multi-factor authentication (MFA) are rising technologies holding immense growth potential.


The interrelated nature of online systems, digital inequality, data privacy concerns, rapid technological obsolescence, and regulatory uncertainty are the key challenges for the computer security market.

For instance, Europe has its cyber security policy and governing laws, and recently, in May 2024, the EU Council officially adopted the Artificial Intelligence Act. But all these are constituted according to their requirements, and on the other hand, India and many other countries still do not have dedicated laws and policies for this. So, serving multiple distinct products for different nations will be a major challenge. In the future, several economies will implement these laws and regulations, which will further deepen the computer security challenges.




Market Size Available

2023 to 2029

Base Year


Forecast Period

2024 to 2029



Segments Covered

By Type, Application, and Region


Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa



Market Leaders Profiled

Cisco, GarrettCom, IBM, Symantec, Siemens, CyberArk, Cybercon, Honeywell, NSFOCUS, MAVERICK, HUACON, Check Point, TOFINO, Waterfall, Weinute Technology, Parsons, Wurldtech, and others.



Global Computer Security Market Analysis By Type

The Endpoint security segment is expected to lead this category of the computer security market. The segment’s growth can be attributed to the growing frequency and sophistication of cyberattacks, increasing application of the Internet of Things (IoT), Bring Your Own Device (BYOD) trend, government and public sector initiatives, and the shortage of skilled IT professionals. According to research, around 100 million people were affected by the healthcare hacks in 2023 alone. This is because medical systems are a simple entry point for attackers, and these institutions store tremendous amounts of patient data worth millions or billions of dollars. Hence, the segment’s market size will elevate in the future.

Global Computer Security Market Analysis By Application

The IT & Telecom segment is anticipated to experience tremendous growth in the computer security market. This sector is heavily dependent on digital technologies, which substantially exposes the risk of cyberattacks and data breaches. Moreover, the industry is seeing the rollout of 5G networks by multiple countries. This will further intensify the attacks owing to high-bandwidth and low-latency data services. In addition, the threat landscape is persistently expanding with the latest and refined online data hacks, breaches, and server damage. So, companies are required to invest in strong security and protective solutions to safeguard their data and networks.


North America is the biggest industry in the computer security market. The growing number of high-section security breaches propels the need for cloud application security solutions throughout the region. Moreover, the rising penetration of digital e-commerce platforms accelerates the market size of countries in the region. In addition, the increased investment by prominent companies and the high integration for enterprise security products boost the adoption of safety measures in the NA computer security market. Additionally, according to the study, 95 percent of the 600 organizations surveyed had witnessed cloud-related breaches in the last 18 months. Out of those, 92 percent stated exposure to sensitive information, and most recognized being harmed by these.

Europe's computer security market is predicted to expand at a higher CAGR during the estimation period. The expansion is considerably fuelled by the greater volume of internet security projects and associated investments by key players in Germany, Italy, Spain, the U.K., France, and others. Also, major suppliers install sophisticated IT security software or other products to protect the highly delicate data related to production activities and enhance their efficiency.

Asia Pacific is estimated to account for a substantial market share of computer security during the forecast period. South Korea, India, and China are driving the regional industry. As per a study, India is one of the leading growth markets in the Asia Pacific region. Furthermore, the progress is due to the increasing number of service vendors and growing financial support from government and foreign stakeholders in several security initiatives. Additionally, according to a July 2023 survey, over 4,000 cybersecurity managers and top officials in Australia, India, China, Hong Kong, Indonesia, Japan, Malaysia, South Korea, New Zealand, Philippines, Singapore, Taiwan, Thailand, and Vietnam revealed that about 78 percent of those participated had witnessed at least one such incident in the last 12 months.

Latin America presents a huge opportunity for companies operating in the computer security market. This is due to the fact that just 7 out of 32 nations in the region have plans in position to defend important infrastructure and assets from cyberattacks, and only 20 have Computer Emergency Response Teams (CSIRTS). Moreover, despite the absence of preparation, a major finding from the study highlights avenues for development, with 94 percent of people at least agreeing that implementing a risk management system can improve their company’s resilience against cyber threats such as ransomware.

Additionally, Middle East and Africa (MEA) computer security is believed to expand significantly during the projection period. This progress is credited to the high-value investment by regional authorities and private players in countries such as South Africa, GCC, and others. Besides this, the rising penetration of strategies such as mergers and partnerships between key companies will accelerate security solutions.


  • Cisco
  • GarrettCom
  • IBM
  • Symantec
  • Siemens
  • CyberArk
  • Cybercon
  • Honeywell
  • Check Point
  • Waterfall
  • Weinute Technology
  • Parsons
  • Wurldtech


  • In March 2024, Pentera Cloud launched automated pen testing designed for large-scale modern attack vectors and the speed of strong cloud dynamics. Imitating real risk actor tactics and methods, Pentera Cloud boosts protection controls to naïve and easy gaps throughout Azure and AWS environments.


This research report on the global computer security market has been segmented and sub-segmented based on the type, application, and region. 

By Type

  • IAAM
  • Infrastructure Protection
  • Network Security
  • Security Services
  • Endpoint security
  • Cloud Security
  • Data Security

By Application

  • Banking
  • Government
  • Manufacturing
  • Transportation
  • IT & Telecom
  • Insurance
  • Securities

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • The Middle East and Africa

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Frequently Asked Questions

What are the key drivers of growth in the computer security market?

The key drivers include the increasing frequency and sophistication of cyber attacks, the proliferation of IoT devices, stringent data protection regulations, the shift to remote work, and the growing awareness of the importance of cybersecurity among organizations of all sizes.

Which regions are experiencing the fastest growth in the computer security market?

North America remains the largest market for computer security, but the Asia-Pacific region is experiencing the fastest growth. This is due to rapid digital transformation, increasing internet penetration, and rising investments in cybersecurity infrastructure in countries like China, India, and Japan.

What are the emerging trends in the computer security market?

Emerging trends include the integration of artificial intelligence and machine learning in cybersecurity solutions, the rise of zero-trust security models, increased focus on securing remote work environments, and the growing importance of security for IoT devices.

What challenges does the computer security market face?

Key challenges include the shortage of skilled cybersecurity professionals, the high cost of advanced security solutions, the complexity of managing multi-vendor security environments, and the need to continuously update and adapt to new threats. Organizations must also balance security needs with usability and performance.

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