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Cyber Security Market Size to Garner $500.70 Billion by 2030 at CAGR 12.9% – Grand View Research, Inc.

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SAN FRANCISCO, April 22, 2025 /PRNewswire/ — The global cyber security market size is forecast to reach USD 500.70 billion by 2030, registering a CAGR of 12.9% between 2025 and 2030, according to a new study by Grand View Research Inc. An unprecedented spike in cyber-attacks and the prevalence of sophisticated malware threats have fueled the demand for advanced cyber security tools. Lately, state-of-the-art technologies across manufacturing, banking, information technology, retail and defense sectors have unlocked new growth opportunities amidst rampant malware, phishing denial of service attacks (DoS) and ransomware attacks.

Stakeholders have furthered investments in Internet-of-Things (IoT), edge computing, Artificial Intelligence (AI), Machine Learning (ML), big data analytics, 5G, and cloud computing to roll out new solutions, boost revenue streams and attract potential business clients. To illustrate, in April 2023, Google, Inc. unveiled Cloud Security AI Workbench, powered by Sec-PaLM. This new model is replete with a slew of security intelligence, including threat indicators and research on software vulnerabilities, and provides AI-powered tools to address cyber security challenges.

Trends suggest an increased traction for cyber security solutions and services in the IT and telecom sector as businesses strive to expand their market penetration and boost product portfolios. Furthermore, soaring digitalization has augured well for telecom companies as they continue to inject funds into 5G, IoT, and cloud, thereby boosting the IT and telecom cybersecurity market.

Lately, demand for remote and hybrid work culture has expedited the need for Bring-Your-Own-PC (BYOPC), which has led to the need for remote management, including endpoint security, data encryption and strong authentication. This is likely to boost the number of endpoint devices, fostering the adoption of unified cyber safety solutions.

Read full market research report on Cyber Security Market with TOC – Cyber Security Market Size, Share & Trends Analysis Report By Offering (Hardware, Software, Services), By Security (Endpoint Security), By Organization Size (Large Enterprises), By Deployment (Cloud), By Solution, By End Use, By Region, And Segment Forecasts, 2025 – 2030

A spike in hybrid operating models and remote work has underpinned the adoption of cloud and advanced security measures. The cloud segment is likely to observe a CAGR of 15.9% between 2025 and 2030. The integration of AI in cloud security and companies’ emphasis on cloud-based solutions on the back of minimum hardware requirements, low operating costs, and diverse solution availability have spurred segment growth. For instance, automated threat detection and real-time monitoring have prompted industry participants to invest in cloud solutions.

Key market players have joined forces with cloud technology providers to develop DDoS protection solutions and bolster their portfolios. To illustrate, in August 2021, Radware, Inc. collaborated with Internap Holding LLC (INAP), a hybrid IT & enterprise cloud Solutions Company, to utilize its DDoS Protection Services and Cloud Web Application Firewall (WAF) for organizations across the globe. Meanwhile, in October 2024, Atlas Systems announced the rollout of ComplyScore, a cybersecurity software, to reduce risks for mid-to-large-sized companies.

Request a free sample copy or view report summary: Cyber Security Market Report

Cyber Security Market Report Highlights

The hardware segment is poised to depict a high growth rate of 11.7% from 2025 to 2030. Pervasive cyber threats have prompted organizations to upgrade their IT security by enabling real-time monitoring of threats and offering protection by preventing threats from entering computing systems.The cloud security segment is likely to witness a CAGR of over 15.9% during the forecast period. The demand for cloud security solutions has risen to combat data breaches and phishing attacks.The IDS/IPS segment could exhibit a CAGR of around 13.4% between 2025 and 2030. Soaring spending on IT security and advancements in network security products will bode well for market growth.The SMEs segment is expected to exhibit the fastest CAGR over the forecast period. The growing concern about cyber threats and the increasing availability of low-cost cyber security solutions have spurred the segment growth.The healthcare segment is likely to exhibit the fastest CAGR during the forecast period, largely attributed to soaring cases of cyberattacks, ransomware and data breaches. These trends have prompted regulatory bodies to push for stringent data protection measures, auguring well for the segment.On the regional front, Asia Pacific is anticipated to witness the fastest CAGR over the forecast period. The growth is mainly attributed to cloud adoption, soaring penetration of IoT devices and the surging demand for cyber security jobs.

Cyber Security Market Segmentation

Grand View Research has segmented the global cyber security market based on offering, security, deployment, organization size, solution, end use, and region:

Cyber Security Offering Outlook (Revenue, USD Billion, 2017 – 2030)

HardwareSoftwareServicesProfessional ServicesConsultingGovernance, Risk, and Compliance (GRC) Incident Response and ReadinessImplementation and IntegrationTraining & EducationOthersManaged ServicesManaged Detection and ResponseManaged Protection and ControlsManaged Security FunctionsOthers

Cyber Security Outlook (Revenue, USD Billion, 2017 – 2030)

Endpoint securityCloud SecurityNetwork SecurityApplication SecurityInfrastructure ProtectionData SecurityOthers

Cyber Security Deployment Outlook (Revenue, USD Billion, 2017 – 2030)

CloudOn-premises

Cyber Security Organization Size Outlook (Revenue, USD Billion, 2017 – 2030)

Large EnterprisesSMEs

Cyber Security Solution Outlook (Revenue, USD Billion, 2017 – 2030)

Unified Threat Management (UTM)Intrusion Detection System/Intrusion Prevention System (IDS/IPS)Data Loss Prevention (DLP)Identity and Access Management (IAM)Security Information and Event Management (SIEM)DDoSRisk and Compliance ManagementOthers

Cyber Security End Use Outlook (Revenue, USD Billion, 2017 – 2030)

IT and TelecommunicationsRetail and E-CommerceBFSIHealthcareGovernment and DefenseManufacturingEnergy and UtilitiesAutomotiveMarineTransportation and LogisticsOthers

Regional Outlook (Revenue, USD Billion, 2017 – 2030)

North AmericaU.S.CanadaMexicoEuropeUKGermanyFranceRussiaAsia PacificChinaIndiaJapanAustraliaSouth KoreaIndonesiaSingaporeMalaysiaLatin AmericaBrazilMEAUAESouth AfricaKSAIsrael

List of Key Players of Cyber Security Market

Fortinet, Inc.IBM CorporationMicrosoftBAE Systems PlcBroadcom, Inc.Centrify CorporationCheck Point Software Technology Ltd.Palo Alto Networks, Inc.Proofpoint, Inc.Sophos Ltd

Check out more related studies published by Grand View Research:

Cyber Security Services Market – The global cyber security services market size is estimated to reach USD 156.76 billion by 2030, registering to grow at a CAGR of 13.6% from 2025 to 2030 according to a new report by Grand View Research, Inc. Continued cybersecurity breaches on the enterprise and individual levels, and the subsequent need to address the vulnerabilities in networks, apps, and systems, are the factors expected to drive the growth.Healthcare Cyber Security Market – The global healthcare cyber security market size is expected to reach USD 56.3 billion by 2030 and is expected to expand at a CAGR of 18.5% over the forecast period, according to a new report by Grand View Research, Inc.IT And Telecom Cyber Security Market – The global IT and telecom cyber security market size is anticipated to reach USD 76.73 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 14.2% from 2025 to 2030.Automotive Cyber Security Market – The global automotive cyber security market size is anticipated to reach USD 14.22 billion by 2030, registering CAGR of 20.93% during 2022 to 2030, according to a new study by Grand View Research Inc.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Explore Horizon Databook – The world’s most expansive market intelligence platform developed by Grand View Research. Gain insights from 30K+ Global & Regional Reports, 120K+ Country Reports, 1.2M+ Market Statistics, 200K+ Company Profiles, and 5 business solutions encompassing ESG and Sustainability Consulting, Procurement Intelligence, Pricing Index and Analysis, and Consumer Analytics.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: https://www.grandviewresearch.com
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Southern Oregon Software Company Earns National Recognition for Leadership in Real Estate Technology

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Grants Pass-based Rentec Direct and Founder Nathan Miller awarded for self-funded
growth, innovation and industry leadership

GRANTS PASS, Ore., May 1, 2026 /PRNewswire/ — A Grants Pass software company built without outside investment is earning national recognition for placing Southern Oregon on the map as an unexpected technology hub. Rentec Direct and Founder and CEO Nathan Miller won three Stevie Awards® in the 2026 American Business Awards®, including Gold for Company of the Year and Gold for Best Entrepreneur, along with Bronze for Customer Service Department of the Year. This recognition marks Rentec Direct’s ninth consecutive year in the premier business awards program, highlighting a two-decade track record of sustained growth, customer-centric innovation and industry leadership.

Founded in 2007 and headquartered in downtown Grants Pass, Rentec Direct has grown from a self-funded startup into one of the country’s leading property management software platforms, serving more than 400,000 users in all 50 states and internationally. The company’s growth has remained fully organic and independent, guided by customer-driven product innovation and a service-first philosophy that has helped it compete nationally while remaining rooted in Southern Oregon. 

“These awards are especially meaningful because it reflects what we’ve built from right here in Southern Oregon,” said Miller. “Our success comes from solving real problems for our customers—listening closely, building thoughtfully and earning trust through service. That approach has guided us from day one and continues to shape how we build and support our platform today. I’m incredibly proud of our team and the work they do every day to support our clients and continuously improve the platform they rely on.”

More than 3,700 nominations from individuals and organizations of all sizes across virtually every industry were submitted this year for consideration in a wide range of categories. More than 230 professionals worldwide participated in the judging process to select this year’s Stevie Award® winners.

“Organizations across the United States continue to set a high standard for innovation and performance,” said Stevie Awards president Maggie Miller. “The breadth and quality of nominations submitted to the 2026 American Business Awards reflect a dynamic and competitive business environment, where organizations are finding new ways to drive growth, deliver value and make an impact.”

Winners will be honored at a June gala ceremony in New York City. Details about The American Business Awards and the list of 2026 Stevie winners are available at ABA.StevieAwards.com.

About Rentec Direct
Rentec Direct provides industry-leading property management software and tenant screening solutions for real estate professionals across the small, mid and large property management segments. Key features include online rent payments, a mobile app and tenant portal, vacancy listing syndication, and robust accounting tools. Founded in 2007, Rentec Direct is the largest software platform serving both landlords and property managers, with more five-star reviews than any other property management software. A nine-time honoree on the Inc. 5000 list of fastest-growing private companies, Rentec Direct was also named Real Estate Company of the Year in the 2026 American Business Awards® and recognized among the U.S. Chamber of Commerce’s Top 100 Small Businesses. www.rentecdirect.com

About the Stevie Awards
Stevie Awards are conferred in nine programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers, the Stevie Awards for Sales & Customer Service and the new Stevie Awards for Technology Excellence. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes, as well as the people behind them, the Stevies recognize outstanding workplace performance worldwide. Learn more about the Stevie Awards at www.StevieAwards.com.

Supporting sponsors of the 2026 American Business Awards include Golden Hour Veterinary Telemedicine, Melissa Sones Consulting, Persistent and SoftPro.

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SOURCE Rentec Direct

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aiEDU Launches 2026 Community Catalyst Program to Broaden Access to AI Readiness in Rural and Indigenous Communities

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The new grant opportunity will award up to $50,000 to eligible school districts, educational service agencies, charter organizations, and nonprofits.

SAN FRANCISCO, May 1, 2026 /PRNewswire/ — The AI Education Project (aiEDU) is pleased to announce the third cycle of its 2026 Community Catalyst Program, a national grant opportunity designed to help build meaningful AI literacy through educator capacity, with a particular focus on supporting organizations serving rural communities and Indigenous communities.

The program will provide $25,000 grants and $50,000 grants to school districts, educational service agencies, charter organizations, and nonprofit organizations working to prepare educators and students for the realities of AI in teaching and learning. Applications opened May 1, 2026 and Letters of Intent are due May 21. Final awards will be announced on July 3, 2026.

“AI-readiness is strongest when communities of every size and geography help shape it from the start,” said Emma Doggett Neergaard, Chief Programs Officer at aiEDU. “Our Community Catalyst Program is intentionally designed to help rural and Indigenous communities lead this work in ways that reflect their students, their educators, and their future.”

In 2025, the Community Catalyst Program extended this work across the U.S., supporting 21 organizations, reaching more than 4,100 Indigenous and rural educators — a 71 percent increase over 2024 — and impacting more than 213,000 Indigenous and rural students, nearly ten times the number reached the previous year, through locally led AI-readiness initiatives. The program also delivered 64 in-person events in Indigenous and rural communities — more than five times the number held in 2024 — while expanding trainings, strategic advising, and professional learning across 17 states.

Last year, the program’s grantees themselves represented 10 states, with grantee-funded work ranging from Tribal-led AI sovereignty efforts to multi-district rural educator training models that equipped educators and families to engage with AI in ways that were locally relevant and culturally grounded. The 2026 program will build on this momentum by expanding opportunities for even more communities.

“As schools across the country navigate how to prepare students for an AI-driven future, meaningful progress depends on ensuring every community has a seat at the table,” said aiEDU’s CEO, Alex Kotran.

Funded projects may include:

Multi-session professional developmentProfessional learning communitiesTrain-the-trainer modelsInstructional coaching networksDistrictwide AI implementation planning

The 12-month grants will begin in summer 2026, with participating organizations selecting one or more support pathways from aiEDU, including:

Teacher Professional DevelopmentDistrict Leadership Capacity BuildingClassroom IntegrationCurricular Integration

For application details and submission information, visit aiedu.org/2026-catalyst.

About aiEDU 

The AI Education Project (aiEDU) is a nonprofit working to define, deliver, and catalyze AI readiness in K–12 education so every student is prepared to live, work, and lead in a world shaped by AI. Through high-quality curriculum, educator training, and systems partnerships, aiEDU has reached 48,000 educators and impacted 2.8 million students nationwide. The result: teachers who feel confident and capable, school systems that are better prepared for the future, and students who graduate with the AI competencies needed to thrive in an AI-driven world. Learn more at aiedu.org

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SOURCE aiEDU

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Royal Visit to Front Royal: Randolph-Macon Academy Shines at Block Party for King Charles III and Queen Camilla

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A one-of-a-kind celebration of music, leadership, tradition, and transatlantic friendship spotlights the next generation of American leaders

FRONT ROYAL, Va., May 1, 2026 /PRNewswire/ — Randolph-Macon Academy (R-MA), Virginia’s premier college-preparatory boarding and day school for students in grades 8–12, delivered a superb parade performance at Thursday’s “Royal Block Party” in honor of Their Majesties King Charles III and Queen Camilla during the Virginia leg of their State Visit to the United States this week.

Hosted by the Town of Front Royal, set against the backdrop of the Blue Ridge Mountains, this celebration welcomed the Royal couple to an unprecedented event filled with local citizens, community leaders, and distinguished guests, for an unforgettable scene of pageantry, patriotism, and performance in the heart of Front Royal.

The Royal Block Party featured a combined ceremonial and musical presentation led by the renowned Randolph-Macon Academy Marching Band, joined by the Academy’s Color Guard and Regimental Staff. In a stirring display of community spirit, student musicians from Skyline High School and Warren County High School also performed, creating a powerful showcase of talent, discipline, and community pride.

“Randolph-Macon Academy stands at the intersection of history, leadership, and opportunity. To welcome Their Majesties in a setting that celebrates service, scholarship, and young people rising to meet the future is both a privilege and a moment of enormous significance for our Academy, our town, and our region.  This event showed the world what Yellow Jackets mean by ‘the Power of Rise’!”, said R-MA Board Chair Lucy Hooper.

R-MA cadets performing for the Royal couple spoke powerfully of the unique experience.  The Academy’s Regimental Commander, Cadet Colonel Rania Husted ’26, said, “I feel incredibly honored that R-MA was included in such a historic event. More than anything, I feel proud of my fellow cadets. Their hard work and dedication were evident in our performance, and I hope we made our Front Royal community proud as well.”

The Regimental Sergeant Major, Bijou Kebbay ’27, observed, “Everyone was nervous, I mean it was the king and queen of the United Kingdom, of course they were. But it was so beautiful to see how everyone came together to support each other and make sure everyone shined.”

Founded in 1892, Randolph-Macon Academy has developed young people of character, purpose, and ambition for more than 130 years. Located on a 135-acre campus in the Shenandoah Valley, R-MA offers a distinctive educational experience where structure meets opportunity, and tradition fuels transformation.

For families seeking more than a conventional high school experience, Randolph-Macon Academy offers something increasingly rare: a clear path to a life of meaning and purpose.

R-MA combines the personal attention of a small independent school with the ambition of a world-class preparatory institution. Students benefit from small classes, highly engaged faculty, competitive athletics, an extensive rotary and fixed wing aviation curriculum, STEM and robotics programs, leadership development, and one of the nation’s most respected college and service academy preparatory environments.

The Academy’s outcomes speak for themselves:

100% college acceptance for each of the past 19 yearsMore than $15 million in scholarships earned by the Class of 202515 – 20 U.S. Service Academy appointments in each of the past five yearsA nationally recognized Falcon Scholar Program with exceptional U.S. Air Force Academy placement, with the highest USAFA Falcon Scholar graduation rate in the nationBoarding and day options for students in grades 8–12 and post-graduates

In an era when families are searching for schools that do more than educate—that build resilience, cultivate leadership, and prepare students for consequential lives—Randolph-Macon Academy offers a compelling answer. As Front Royal welcomed royalty, Randolph-Macon Academy continued to do what it has done for thirteen decades: stand tall, lead proudly, and inspire the Rise within.

For additional details, visit Randolph-Macon Academy at www.rma.edu.

About Randolph-Macon Academy

Randolph-Macon Academy is a coeducational college-preparatory boarding and day school serving students in grades 8–12 and PG, in Front Royal, Virginia. Founded in 1892, the Academy is known for its distinctive combination of academic rigor, leadership development, character formation, and exceptional college and service academy outcomes.

Media Contact:
Director of Enrollment Management
Randolph-Macon Academy
200 Academy Drive
Front Royal, Virginia 22630
(540) 636-5484
media@rma.edu
www.rma.edu

 

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