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Global Cybersecurity Mesh Market to reach USD 152.68 billion by the end of 2029

Global Cybersecurity Mesh Market Size study & Forecast, by Type (Cloud Based, and On-premises) by Application (Large Enterprises, and SMEs) and Regional Analysis, 2022-2029

Product Code: ICTNS-83501089
Publish Date: 19-12-2022
Page: 200

Global Cybersecurity Mesh Market is valued approximately USD 50.54 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 14.82% over the forecast period 2022-2029. Cybersecurity mesh is type of cyber defense strategy that independently secures each device with its own perimeter — including firewalls and network protection tools. Cybersecurity mesh controls to protect the systems, networks, programs, data, and devices from cyber-attacks. The application of Cybersecurity mash offers various advantages such as increased flexibility, adaptability. The increasing expenditure on cybersecurity worldwide and rising incidences of cybercrimes as well as strategic initiatives from leading market players are key factors accelerating the market growth.

The increasing spending on cybersecurity is the key factor contributing the growth of the Global Cybersecurity Mesh Market. For instance, according to Statista – in 2019, the spending in the global cybersecurity industry was estimated at USD 40.8 billion, and the market increased to USD 60 billion in 2021.Moreover, rising incidences of cybercrimes is another factor fueling up the market growth. For instance, as per Statista – in 2020, the average cost of a data breach in the healthcare sector worldwide was estimated at USD 9.23 million, and the cost increased to USD 10 million in March 2022. Also, rising emergence of disruptive technologies and growing advancements in AI & blockchain technologies would create lucrative growth prospectus for the market over the forecast period. However, increasing use of open-source cybersecurity solutions stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Cybersecurity Mesh Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region in terms of market share owing to presence of leading market players and increasing incidences of cyber-attacks in the region. Whereas Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising penetration of smartphones as well as increasing incidences of data breaches in the region.

Major market player included in this report are:
IBM Corporation
Oracle Corporation
Fortinet
Microsoft Corporation
Trend Micro
Stefanini Group
Exium
Smartz Solutions
E-SPIN
Trust Matrix

Recent Developments in the Market:
 In October 2021, Logicalis launched a new security solution named Secure on Mesh. This new on Mesh solution enables agility and innovation by transforming an organization’s security into a ‘flexible yet impenetrable fabric across the entire digital ecosystem.

Global Cybersecurity Mesh Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Type, Application, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type
Cloud Based
On-premises

By Application
Large Enterprises
SMEs
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Cybersecurity Mesh Market, by Region, 2019-2029 (USD Billion)
1.2.2. Cybersecurity Mesh Market, by Type, 2019-2029 (USD Billion)
1.2.3. Cybersecurity Mesh Market, by Application, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Cybersecurity Mesh Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Cybersecurity Mesh Market Dynamics
3.1. Cybersecurity Mesh Market Impact Analysis (2019-2029)
3.1.1. Market Drivers
3.1.1.1. Increasing expenditure on cybersecurity worldwide
3.1.1.2. Rising incidences of cybercrimes.
3.1.1.3. Strategic initiatives from leading market players.
3.1.2. Market Challenges
3.1.2.1. Use of open-source cybersecurity solutions
3.1.3. Market Opportunities
3.1.3.1. Rising emergence of disruptive technologies.
3.1.3.2. Growing advancements in AI & blockchain technologies.
Chapter 4. Global Cybersecurity Mesh Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Cybersecurity Mesh Market, by Type
6.1. Market Snapshot
6.2. Global Cybersecurity Mesh Market by Type, Performance – Potential Analysis
6.3. Global Cybersecurity Mesh Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
6.4. Cybersecurity Mesh Market, Sub Segment Analysis
6.4.1. Cloud Based
6.4.2. On-premises
Chapter 7. Global Cybersecurity Mesh Market, by Application
7.1. Market Snapshot
7.2. Global Cybersecurity Mesh Market by Application, Performance – Potential Analysis
7.3. Global Cybersecurity Mesh Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
7.4. Cybersecurity Mesh Market, Sub Segment Analysis
7.4.1. Large Enterprises
7.4.2. SMEs
Chapter 8. Global Cybersecurity Mesh Market, Regional Analysis
8.1. Cybersecurity Mesh Market, Regional Market Snapshot
8.2. North America Cybersecurity Mesh Market
8.2.1. U.S. Cybersecurity Mesh Market
8.2.1.1. Type breakdown estimates & forecasts, 2019-2029
8.2.1.2. Application breakdown estimates & forecasts, 2019-2029
8.2.2. Canada Cybersecurity Mesh Market
8.3. Europe Cybersecurity Mesh Market Snapshot
8.3.1. U.K. Cybersecurity Mesh Market
8.3.2. Germany Cybersecurity Mesh Market
8.3.3. France Cybersecurity Mesh Market
8.3.4. Spain Cybersecurity Mesh Market
8.3.5. Italy Cybersecurity Mesh Market
8.3.6. Rest of Europe Cybersecurity Mesh Market
8.4. Asia-Pacific Cybersecurity Mesh Market Snapshot
8.4.1. China Cybersecurity Mesh Market
8.4.2. India Cybersecurity Mesh Market
8.4.3. Japan Cybersecurity Mesh Market
8.4.4. Australia Cybersecurity Mesh Market
8.4.5. South Korea Cybersecurity Mesh Market
8.4.6. Rest of Asia Pacific Cybersecurity Mesh Market
8.5. Latin America Cybersecurity Mesh Market Snapshot
8.5.1. Brazil Cybersecurity Mesh Market
8.5.2. Mexico Cybersecurity Mesh Market
8.6. Rest of The World Cybersecurity Mesh Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. IBM Corporation
9.2.1.1. Key Information
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Product Summary
9.2.1.5. Recent Developments
9.2.2. Oracle Corporation
9.2.3. Fortinet
9.2.4. Microsoft Corporation
9.2.5. Trend Micro
9.2.6. Stefanini Group
9.2.7. Exium
9.2.8. Smartz Solutions
9.2.9. E-SPIN
9.2.10. Trust Matrix
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
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Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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