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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
Follow Us: LinkedIn | Twitter

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ADX welcomes Morgan Stanley as the first international investment bank Remote Trading Member, expanding global access to Abu Dhabi’s capital markets

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ABU DHABI, UAE, May 5, 2026 /PRNewswire/ — The Abu Dhabi Securities Exchange (ADX) Group today announced that Morgan Stanley, a leading investment bank and financial services company, has joined the ADX as its first international investment bank Remote Trading Member — enabling Morgan Stanley’s clients to access the ADX directly.

This milestone strengthens ADX’s global connectivity and supports growing international institutional demand for exposure to UAE markets. It also reinforces its position as one of the world’s fastest-growing exchanges by market capitalization, while highlighting the market’s continued progress in depth, liquidity, and inclusion in major global indices.

Remote membership enables Morgan Stanley to provide its clients with direct market access to the ADX, with trading conducted via the firm’s global trading platform. The ADX continues to play a pivotal role in advancing Abu Dhabi’s long-term economic ambitions, as a mechanism for a diversified, innovation-led, knowledge-based economy.

Morgan Stanley’s direct trading access to ADX reflects the strength of Abu Dhabi’s investment proposition and the continued institutionalization of UAE capital markets. Morgan Stanley’s membership will enhance execution quality, optimize order routing, and provide greater control across the end-to-end trade lifecycle, delivering an advanced trading experience for global investors.

The structure follows a proven international access model used by Morgan Stanley and is designed to meet growing client demand for efficient, transparent, and seamless access to ADX-listed opportunities.

Abdulla Salem Alnuaimi, Group Chief Executive Officer of Abu Dhabi Securities Exchange (ADX) Group, said: “This marks a significant step in advancing our ambition to be a leading financial marketplace that drives opportunity and sustainable economic growth. This momentum is reflected in the strong foreign investor participation, with trading value exceeding 85 billion dirhams in the first quarter of 2026 up by 22% year on year. This performance underscores the growing depth and global relevance of our market, while reinforcing our commitment to expanding international access, strengthening cross-border connectivity, and building a world-class market infrastructure that attracts global capital, supports a diverse range of issuers and contributes to Abu Dhabi’s long-term economic prosperity.”

Patrick Delivanis, Regional Co-Head of MENA at Morgan Stanley, said: “Becoming a Remote Trading Member of ADX reflects our focus on providing clients with efficient, seamless access to Abu Dhabi’s capital markets through our market–leading trading platform. We see continued momentum in the institutionalization and international participation of UAE markets, and we’re pleased to support that evolution by enabling international investors to access opportunities in MENA with direct connectivity to local markets, alongside greater transparency and control across the trading lifecycle.”

Morgan Stanley’s participation aligns with ADX’s strategy to strengthen international connectivity, with remote memberships selectively offered to global firms to attract high-quality cross-border liquidity. The announcement builds on the ADX’s expansion momentum: in 2025, foreign investment rose by nearly 14% and institutional trading increased by 10% year on year. Subject to final operational readiness, Morgan Stanley expects to begin trading as a remote member in the coming weeks.

About Abu Dhabi Securities Exchange (ADX)

The Abu Dhabi Securities Exchange (ADX) was established on 15 November 2000 pursuant to Local Law No. (3) of 2000, which granted the exchange legal rights with independent financial and administrative status, as well as the necessary supervisory and executive powers necessary to carry out its functions. On 17 March 2020, the ADX was converted from a public entity into a Public Joint Stock Company (PJSC) in accordance with Law No. (8) of 2020.

The ADX Group, a market infrastructure group comprising the exchange (ADX) and its post-trade ecosystem, including its wholly owned subsidiaries AD Depository and AD Clear, was established. Through its integrated and globally aligned business structure, the ADX Group supports efficient, transparent, and resilient capital markets across trading, clearing, settlement, and custody.

The Group provides an efficient and regulated marketplace for the trading of securities, including equities issued by public joint-stock companies, bonds issued by governments and corporations, exchange-traded funds (ETFs), and other financial instruments approved by the UAE Capital Market Authority.

The ADX is the second-largest exchange in the Arab region by market capitalization. Its strategy of delivering stable financial performance through diversified revenue streams is aligned with the UAE’s national development agenda, “Towards the Next 50”, which aims to build a sustainable, diversified, and high-value-added economy.

For more information, please contact:
Abdulrahman Saleh ALKhateeb
Manager of Corporate Communication
Abu Dhabi Securities Exchange (ADX)
Mobile: +971 (50) 668 9733
Email: ALKhateebA@adx.ae

 

 

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SOURCE Abu Dhabi Securities Exchange (ADX)

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Geotab integrates Polestar vehicles into its OEM telematics network

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Fleet operators across North America, Europe, and APAC can now access Polestar vehicle data directly in MyGeotab — no aftermarket hardware required.

LONDON, UK, May 5, 2026 /PRNewswire/ — Geotab, a global leader in connected vehicle and asset management solutions, today announced the integration of Polestar vehicles into its OEM telematics network, giving commercial fleet operators seamless access to Polestar data within MyGeotab from day one — with no aftermarket hardware installation required. The integration is available globally across North America, Europe, and Asia Pacific, supporting all Polestar models.

Developed in collaboration with Geotab, among other telematics service providers, Polestar Fleet Telematics integrates directly into MyGeotab. The Geotab integration enables fleet managers to manage Polestar vehicles alongside all other makes and models on a single unified platform — without fitting additional devices.

Connected vehicle data where it matters most

Through Polestar Fleet Telematics, fleet operators gain near-real-time access to a comprehensive dataset — covering EV battery and charging status, location, tyre information, vehicle security, maintenance alerts, and climate data — flowing directly from Polestar’s connected vehicle architecture into MyGeotab, with no physical installation required.

This breadth of data enables fleet managers to move from reactive to proactive operations — scheduling maintenance before failures occur, optimising charge planning across depots, and maintaining duty-of-care oversight across the entire fleet.

Supporting Europe’s Mixed-Fleet Reality

OEM-embedded telematics removes the need for aftermarket device installation across mixed-manufacturer fleets, reducing logistical overhead and supporting compliance with works council and GDPR requirements — a critical consideration for European fleet operators.

“Polestar Fleet Telematics combines sustainability with intelligence, integrating seamlessly with Geotab to deliver these capabilities directly into the platforms fleet operators trust. Continuous data visibility enables more efficient and informed fleet operations, from day-to-day management to long-term planning. By leveraging Polestar vehicles’ embedded connectivity, fleet managers can make smarter, data-driven decisions — without adding hardware or complexity to their operations.” said Emma Knapp, Manager of Global Key Accounts at Polestar.

Polestar joins an OEM telematics network that already spans over 80% of leading global vehicle manufacturers by fleet market share, including BMW Group, Ford, Stellantis, Volkswagen Group, and Volvo Cars. For fleet operators already using MyGeotab, Polestar vehicles can be connected and deliver data without any additional hardware or installation.

“OEM-embedded telematics represents a change in how fleet data reaches the platform — and Polestar’s connected vehicle architecture makes this integration particularly well-suited for markets that are seriously considering transitioning to electric vehicles.” said Christoph Ludewig, Vice President OEM Global at Geotab. “Fleet operators managing mixed EV and internal combustion engine fleets no longer need separate tools or hardware for each vehicle type. Polestar data flows directly into MyGeotab alongside every other vehicle in the fleet — giving operators the consolidated visibility they need to drive efficiency, support duty of care, and manage their EV transition with confidence.”

Global Availability

The integration is available now across North America, Europe, and Asia Pacific, supporting all Polestar models. Fleet managers can activate the service via the Geotab Marketplace or by contacting their Geotab representative.

About Polestar

Polestar (Nasdaq: PSNY) is the Swedish electric performance car brand with a focus on uncompromised design and innovation, and the ambition to accelerate the change towards a sustainable future. Headquartered in Gothenburg, Sweden, its cars are available in 28 markets globally across North America, Europe and Asia Pacific.

Polestar has four models in its line-up: Polestar 2, Polestar 3, Polestar 4, and Polestar 5. Planned models include the Polestar 7 compact SUV (to be introduced in 2028) and the Polestar 6 roadster. With its vehicles currently manufactured on two continents, North America and Asia, Polestar plans to diversify its manufacturing footprint further, with production of Polestar 7 planned in Europe.

Polestar has an unwavering commitment to sustainability and has set an ambitious roadmap to reach its climate targets: halve greenhouse gas emissions by 2030 per-vehicle-sold and become climate-neutral across its value chain by 2040. Polestar’s comprehensive sustainability strategy covers the four areas of Climate, Transparency, Circularity, and Inclusion.

About Geotab

Geotab is a global leader in connected vehicle and asset management solutions, with headquarters in Oakville, Ontario and Atlanta, Georgia. Our mission is to make the world safer, more efficient, and sustainable. We leverage advanced data analytics and AI to transform fleet performance and operations, reducing cost and driving efficiency. Backed by top data scientists and engineers, we serve approximately 100,000 global customers, processing 100 billion data points daily from more than 5 million vehicle subscriptions. Geotab is trusted by Fortune 500 organisations, mid-sized fleets, and the largest public sector fleets in the world, including the US Federal government. Committed to data security and privacy, we hold FIPS 140-3 and FedRAMP authorisations. Our open platform, ecosystem of outstanding partners, and Geotab Marketplace deliver hundreds of fleet-ready third-party solutions. This year, we’re celebrating 25 years of innovation. Learn more at www.geotab.com/uk and follow us on LinkedIn or visit our blog.

GEOTAB and GEOTAB MARKETPLACE are registered trademarks of Geotab Inc. in Canada, the United States and/or other countries.

Media Contact: Geotab Contact, Romina Dashghachian, Strategic Communications Lead, EMEA, pr@geotab.com

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IDX Opens Geneva Office and Strengthens Global Data & Insights Capability

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New Swiss presence and specialist team integration support growing global demand for evidence-based, defensible communications strategies

LONDON, May 5, 2026 /PRNewswire/ — IDX today announced the opening of its new Geneva office and the integration of a specialist Data & Insights team, strengthening the company’s international footprint and expanding its ability to help clients worldwide build communications strategies grounded in evidence, market intelligence and audience insight.

The expansion gives IDX an on-the-ground presence in Switzerland while adding further depth to its Data & Insights capability. The Geneva-based team will work closely with IDX specialists across performance marketing and corporate communications, helping clients develop a clearer view of the markets they operate in and the forces shaping their growth.

The move aligns with Destination 250 – Customers First, IDX’s global strategy to grow its team by 250, focused on deepening client value, strengthening delivery and investing in the capabilities that matter most to clients.

The investment strengthens the Data pillar of IDX’s Connected Content™ model, which combines Creative, Data, Technology and Media to create what IDX calls The Multiplier Effect, helping clients multiply what matters through more connected, measurable and effective work.

“IDX is experiencing phenomenal growth, and our new Geneva office gives us boots on the ground to better serve clients across Europe and globally across performance marketing, investor relations and corporate communications,” said Crispin Beale, Worldwide CEO, IDX. “Data has been at the heart of this business for decades, and this centre of excellence reflects our continued investment in that capability. It’s an incredibly exciting time for IDX, and I look forward to the next phase of our growth as we continue to expand globally.”

“This is an exciting step in IDX’s growth story and a clear response to what clients are asking for: more evidence-based thinking, stronger market context and clearer rationale behind their communications strategies,” said Chris Corrigan, Chief Customer Growth Officer, IDX. “Our new presence in Geneva, combined with deeper Data & Insights expertise, strengthens the way we support clients globally, giving them earlier access to the insight and market context they need to make better-informed decisions and turn evidence into action.”

The Geneva office will strengthen relationships with existing clients in the region, support re-engagement with former partners and create new opportunities for IDX with organisations operating across European and global markets. It reflects IDX’s continued investment in the capabilities that matter most to clients as communications, marketing and corporate reputation work become increasingly data-led and commercially accountable.

“IDX’s integrated offer across insights, performance marketing and corporate communications, powered by the combination of human intelligence, advanced technology and AI, represents exactly where the industry is heading,” said Lonneke de Roo, Head of Data & Insights, IDX. “I am delighted to join the business and help clients navigate increasingly complex markets with clearer evidence, sharper insight and more connected strategies.”

ABOUT IDX  

IDX is a global strategic communications and marketing agency, headquartered in London with offices around the world, including New York, London, Phoenix, Helsinki, Gothenburg, Geneva, and Vadodara. Working with more than 1,600 clients across sectors, IDX combines deep industry knowledge with a data-first mindset to help ambitious brands thrive in complex, fast-moving markets. The firm specialises in performance marketing, investor relations, and stakeholder engagement, delivering integrated campaigns that drive meaningful business outcomes. Visit www.idx.inc to learn more.

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