Connect with us

Technology

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

Published

on

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
Follow Us: LinkedIn | Twitter

Logo: https://mma.prnewswire.com/media/661327/Grand_View_Research_Logo.jpg

 

 

 

View original content:https://www.prnewswire.co.uk/news-releases/cyber-security-market-size-to-garner-500-70-billion-by-2030-at-cagr-12-9—grand-view-research-inc-302434287.html

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

DMALL Gains Momentum in Southeast Asia with AI-Driven Retail Platform

Published

on

By

SINGAPORE, May 4, 2026 /PRNewswire/ — As retailers across Southeast Asia face rising operational complexity, shifting consumer expectations and margin pressure, demand is growing for integrated, real-time retail operating systems.

Dmall Inc. (02586.HK) is supporting this shift with a unified retail operating platform that connects core retail functions, improves execution efficiency and enhances visibility across stores, supply chains and customer touchpoints.

As one of China’s largest retail digital solutions providers by revenue and gross merchandise volume, Dmall serves nearly 600 retail clients across 11 countries and regions. Its platform has been shaped by large-scale deployments in complex retail environments, including long-standing work with Wumart Group, Metro, Lawson, 7-Eleven South China and SM Group in Southeast Asia.

Dmall’s recent collaboration with Cold Storage Singapore marks a milestone in supporting retail digital transformation across Southeast Asia. Completed within seven months, the project covered 87 stores across supermarket, hypermarket and express formats, consolidating multiple systems into a single platform across supply chain, merchandising and store operations.

“The transition was completed with minimal disruption to our operations,” said Mr. Lim Boon Chiong, Managing Director of Cold Storage Singapore. “We are seeing early improvements in product availability and replenishment, supported by better visibility across our supply chain and store network.”

The platform has also contributed to more consistent store execution and a more reliable customer experience. The first phase provides a foundation for the next stage of development, including AI-driven capabilities to further support product availability, freshness management and operational efficiency.

Dmall and Cold Storage Singapore plan to extend their cooperation to the fuel and convenience store format in June 2026, reflecting a deepening partnership and a shared commitment to creating greater operational value across retail formats.

“Southeast Asia is one of the world’s most dynamic retail markets, but also one of the most operationally complex,” said Mr. Zhongwei Ren, Partner and Chief Strategy Officer of Dmall. “By combining operational integration with AI-driven capabilities, Dmall aims to help retailers build more adaptive, scalable and efficient operations.”

About Dmall 

Founded in 2015, Dmall (02586.HK) is committed to advancing retail through technology. As one of Asia’s leading providers of digital retail solutions, Dmall delivers integrated, AI-driven innovations that help retailers improve efficiency, optimize decisions and create greater value.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/dmall-gains-momentum-in-southeast-asia-with-ai-driven-retail-platform-302761046.html

SOURCE Dmall Inc.

Continue Reading

Technology

Germany’s PDF/UA Mandate Raises the Bar for HTML to PDF C# Workflows

Published

on

By

Enterprise .NET teams generating PDFs at scale face new compliance pressure. Most aren’t ready.

CHICAGO, May 4, 2026 /PRNewswire/ — The German government’s Deutschland Stack has standardized on PDF/UA as the required format for final-form digital documents. For .NET teams building HTML to PDF C# workflows, the mandate forces a question many have deferred: does the library you depend on actually produce compliant output, or just output that looks right?

Iron Software’s IronPDF, a commercial .NET library used in regulated industries across logistics, healthcare, and finance, generates PDF/UA-1 compliant documents directly from HTML in C#. That’s the same conformance level the Deutschland Stack now requires.

“Accessibility compliance has shifted from important to mandatory,” said Cameron Rimington, CEO of Iron Software. “Government rules like this set a floor that enterprise teams are expected to meet, not aspire to. The question is whether their tooling can clear that bar without bolt-on remediation.”

From recommendation to requirement

PDF/UA (ISO 14289) defines what makes a PDF universally accessible: correct tag structure, logical reading order, and metadata that lets assistive technologies parse the document reliably. The standard has existed since 2012, but adoption has been patchy.

Germany’s decision to embed PDF/UA into its national digital stack moves it from best practice to enforceable baseline. Combined with the European Accessibility Act, which extends similar requirements to digital products serving EU markets, the compliance window for document-heavy .NET applications is closing fast.

Most HTML to PDF C# workflows aren’t compliant yet

Despite the regulatory pressure, PDF/UA compliance is still the exception across enterprise .NET. Many teams generating PDFs at volume, particularly those running HTML to PDF C# pipelines, are using libraries that produce visually correct files but miss the structural and metadata requirements accessibility standards actually demand.

As mandates harden, that gap is harder to defer.

“Germany just standardized on PDF/UA. In our experience, most development teams aren’t compliant yet, and they know it,” said Rimington. “That gap is why they’re coming to us.”

What this means for .NET developers

Teams generating PDFs in .NET, for government portals, financial statements, healthcare records, or legal filings, are increasingly being asked to prove their output meets accessibility standards, not just that it renders.

IronPDF gives developers a direct path from HTML to PDF in C# with two methods that cover the common cases:

RenderHtmlAsPdfUa generates PDF/UA-1 compliant documents directly from HTMLSaveAsPdfUa converts existing PDFs to PDF/UA-1

When source HTML is semantic and well-structured, compliant output can be produced in a single call with no remediation step required. For less structured input, additional tagging may be needed to reach full compliance.

The library also supports PDF/A (conformance levels 1 through 3, both b and a) and PDF versions 1.2 through 1.7, covering archival and compliance requirements common in public sector and enterprise deployments.

In production: serving Germany’s regulated industries

The compliance pressure IronPDF is built for is already shaping decisions on the ground. ThreeB IT, a software engineering firm based in Ibbenbüren, has standardized on IronPDF for document generation across logistics and healthcare platforms, including systems serving Kuehne + Nagel and nationwide COVID-19 testing infrastructure.

Operating under strict GDPR and healthcare data rules made the library choice a compliance decision as much as a technical one.

“Because Iron Software doesn’t store any data, GDPR compliance is simple. That’s critical for every project we build,” said Thimo Buchheister, CEO of ThreeB IT.

Deployment speed mattered just as much.

“IronPDF made it possible to build a nationwide COVID testing system in two weeks. The key part was ready within hours,” said Buchheister.

The firm now treats Iron Software libraries as a default in its stack.

“We’ll integrate at least one Iron Software product in every future project. It’s become part of our standard stack,” Buchheister added.

View original content:https://www.prnewswire.com/news-releases/germanys-pdfua-mandate-raises-the-bar-for-html-to-pdf-c-workflows-302761055.html

SOURCE Iron Software

Continue Reading

Technology

Cregis Showcases at Money20/20 Asia 2026, Exploring a New Paradigm for Financial Infrastructure Powered by Stablecoins and On-Chain Payments

Published

on

By

HONG KONG, DUBAI, UAE and SINGAPORE, May 4, 2026 /PRNewswire/ — From April 21 to 23, 2026, at Money20/20 Asia 2026—one of the most influential fintech events in the Asia-Pacific region—Cregis participated as an exhibitor at Booth 6001. The conference brought together industry leaders to discuss key themes such as payment innovation, cross-border settlement, digital assets, and regulatory developments. During the event, Cregis presented its comprehensive digital asset infrastructure solutions tailored for enterprises and financial institutions, while engaging in in-depth conversations with participants from banks, payment providers, fintech companies, and Web3 organizations.

Advancing Payment Infrastructure

Throughout the event, the Cregis team highlighted its end-to-end capabilities in on-chain payments and digital asset management, with a focus on enterprise payment and treasury needs. As stablecoins and blockchain technologies increasingly move into real-world applications, enterprise priorities are shifting from simply supporting crypto assets to enabling efficient, secure, and controllable fund flows.

Cregis offers a unified infrastructure that supports multi-chain and multi-asset management, adaptable to a wide range of use cases including cross-border trade settlement, merchant payments, and corporate treasury operations. By ensuring both security and compliance, the platform enables more efficient global fund movement and greater transparency in settlement processes.

Richard, Co-Founder of Cregis, commented during the event: “Today, the key challenge for enterprises is no longer whether to enter the digital asset space, but how to build a fund management system that balances efficiency, security, and compliance. Through our infrastructure, we aim to help businesses operate more effectively in an increasingly complex global payments landscape.”

A New Cross-Border Payment Paradigm Driven by Stablecoins

Stablecoins and on-chain payments emerged as central topics at this year’s conference. As more financial institutions and payment providers explore the use of digital assets in cross-border settlement, stablecoins are becoming a critical bridge between traditional finance and the crypto economy.

During the event, Cregis engaged with various industry partners to discuss practical applications of stablecoins in cross-border trade, enterprise settlement, and treasury management. Compared to traditional cross-border payment rails, stablecoin-based settlement offers clear advantages in efficiency, cost, and transparency. At the same time, it raises higher requirements for underlying infrastructure, particularly in areas such as secure custody, fund monitoring, and regulatory compliance.

Engaging Industry Leaders: Exploring the Future Evolution of Finance in Asia

Beyond its presence on the exhibition floor, Cregis co-hosted a side event titled The Reserved Table: Redefining Asia’s Future of Settlements alongside WIDTH, StraitsX, and PlatON. The event brought together key players across payments, stablecoins, and cross-border settlement to explore the future trajectory of financial infrastructure in Asia.

At the event, Tannie, Head of Southeast Asia at Cregis, joined a panel discussion themed “A New Standard of Value: Stablecoins, Settlement & the New Money Stack”, where he shared insights from frontline enterprise use cases.

Tannie noted that the market still tends to view stablecoins primarily as a “product”, such as a yield-generating tool or trading instrument. However, in real-world business scenarios, stablecoins are increasingly evolving into foundational infrastructure. For exchanges, payment providers, and cross-border enterprises, the focus is no longer on yield, but on critical operational questions: how to enable real-time global settlement, how to manage liquidity across regions, and how to reduce reliance on traditional banking systems.

Looking ahead, Tannie emphasized that the deeper significance of stablecoins lies in their ability to fundamentally reshape how enterprises manage capital. Within an infrastructure-driven stablecoin framework, businesses can achieve:

Policy-based approval and signing mechanisms for fund movementsReal-time on-chain reconciliation and automated settlementA unified liquidity view across multiple chains and wallets24/7 uninterrupted treasury operations

This shift signals that stablecoins are not merely replacing traditional payment rails—they are driving enterprises to transition from conventional financial workflows toward a more programmable, automated “next-generation operating system for capital.”

From Payment Capabilities to Global Financial Connectivity

As stablecoins, on-chain payments, and enterprise-grade asset management systems continue to mature, a more efficient, transparent, and globally connected financial network is taking shape.

Richard noted: “In the coming years, as the convergence between traditional finance and Web3 accelerates, demand for robust digital asset infrastructure will continue to grow. Cregis aims to be a key enabler in this transition, providing enterprises with secure, scalable, and reliable foundational capabilities.”

Looking ahead, Cregis will continue to enhance its product offerings across custody, payments, and asset management. By focusing on real-world business needs, the company is committed to building a more comprehensive digital asset infrastructure, empowering global enterprises to improve efficiency, manage risks, and achieve sustainable growth in the next generation of financial systems.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/cregis-showcases-at-money2020-asia-2026-exploring-a-new-paradigm-for-financial-infrastructure-powered-by-stablecoins-and-on-chain-payments-302761060.html

SOURCE Cregis

Continue Reading

Trending