Cybersecurity Mesh Market by Grade, by End-Use Industry and by Region - Global Trends and Forecasts to 2028
A cybersecurity mesh is a modern conceptual approach that involves designing and establishing a scalable, flexible, and reliable cybersecurity control. The main aim of cybersecurity mesh is to establish small and individual perimeter around each access point instead of building a single perimeter for all devices. It allows organizations to extend their security wherever necessary regardless of the location and establish a flexible, modular, and robust approach to secure the network. Various organizations are deploying cybersecurity mesh solutions to protect a network, devices, large databases, data centers, and users from unauthorized sources and to cater to increasing cyber phishing and cyber scams.
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In addition,
increasing adoption of Bring Your Own Device (BYOD), rapid demand for
cyber-savvy boards, and increasing risks of cyber-attacks and loss of user data
due to rising adoption of digital applications are boosting market growth.
Factors such as increasing demand for strong cybersecurity solutions in IT,
retail and financial sectors, rapid economic growth especially in some
developing countries, rising investments in research and development
activities, and rising awareness about the importance of deploying
cybersecurity mesh solutions are fueling global market growth. In addition,
increasing adoption of Internet of Things (IoT) and rising focus on developing more
enhanced products and solutions are other factors expected to boost market
growth going ahead.
Key players in the
market include Bocasay, Palo
Alto Networks, CrowdStrike, Infoblox, E-Spin, IBM, Oracle, TrustMatrix,
Stefanini, Exium, Gartner, and Proofpoint.
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Valuable Market Insights:
The report highlights the latest trends observed in
the consumption pattern of each regional segment.
Extensive market segmentation included in the report
helps better understand the revenue and estimated growth of the individual
regions.
The report throws light on the historical and current
market scenarios and provides a concise year-on-year growth rate of the global Cybersecurity
Mesh market.
The report further entails the current market trends,
technological advancements, revenue growth, and other aspects affecting market
growth.
Key Findings from the Report:
Among the deployment type, the cloud segment
is expected to account for a significantly larger revenue share between 2021
and 2028 owing to rapid developments in cloud services, increasing focus of
market players to offer enhanced cloud solutions, and rising concerns about
data security.
These cloud-based solutions are scalable, easy
to deploy, cost-effective, and help in maintaining streamlined network
operations, storing huge databases, and offer data backup.
Based on application, the large enterprise segment
is expected to account for largest revenue share in the global cybersecurity
market during the forecast period owing to factors such as high budget for
cybersecurity solutions, increasing adoption of AI and cloud-based solutions,
and increasing data breaching and security threats.
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Emergen Research has segmented the
global cybersecurity mesh market on the basis of deployment type, application,
and region:
Deployment Type Outlook (Revenue,
USD Million; 2018–2028)
Cloud-based
On-premises
Application Outlook (Revenue, USD
Million; 2018–2028)
Large Enterprises
Small and Medium Enterprises
Regional Analysis:
The report further examines the market in the
key regions of the world with regard to production and consumption patterns,
import/export, supply and demand ratio, revenue generation, market share and
size, and presence of prominent players in the regions. The report also covers
the expansion plans undertaken by companies in the regions under the regional
analysis section.
Key regions in the market include:
North America
U.S.
Canada
Europe
U.K.
Italy
Germany
France
Rest of EU
Asia Pacific
India
Japan
China
South Korea
Australia
Rest of APAC
Latin America
Chile
Brazil
Argentina
Rest of Latin America
Middle East & Africa
Saudi Arabia
U.A.E.
South Africa
Rest of MEA
Questions addressed in the report:
What is the estimated market growth rate
throughout the forecast period?
Which end-use industry is expected to witness
the highest demand for Cybersecurity Mesh in the near future?
What is the regulatory framework governing the
application of Cybersecurity Mesh in the food industry?
Which manufacturing processes are utilized for
the production of Cybersecurity Mesh?
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