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Digital Security Market, Global Outlook and Forecast 2024-2030

Digital Security Market, Global Outlook and Forecast 2024-2030

  • Category:ICT & Media
  • Published on : 17 May 2024
  • Pages :61
  • Formats:
  • Report Code:SMR-7691005
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Digital Security Market Size, Share 2024


Market size in 2023 US$ 199.6 billion
Forecast Market size by 2030 US$ 339.5 billion
Growth Rate CAGR of 8.1% Number of Pages 61 Pages

The global Digital Security market was valued at US$ 199.6 billion in 2023 and is projected to reach US$ 339.5 billion by 2030, at a CAGR of 8.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

This report aims to provide a comprehensive presentation of the global market for Digital Security, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Digital Security. This report contains market size and forecasts of Digital Security in global, including the following market information:

  • Global Digital Security Market Revenue, 2018-2023, 2024-2030, ($ millions)
  • Global top five companies in 2023 (%)

The global key manufacturers of Digital Security include Morpho Inc, NEC Corporation, Gemalto NV, 3M, Fireeye Inc, HID Global, Oberthur Technologies, Vasco Data Security International and SafeNet, etc. in 2023, the global top five players have a share approximately % in terms of revenue.

Digital security has become a paramount concern in today's technology-driven world. As cyber threats grow more sophisticated, the demand for robust digital security solutions has surged.

Cyber Threat Landscape

  • Data Breaches: In 2023 alone, over 4,000 data breaches were reported, exposing more than 22 billion records. This marks a significant increase from previous years, emphasizing the escalating threat environment.
  • Ransomware Attacks: Ransomware incidents rose by 45% in 2023, with an estimated cost of $20 billion to global businesses. Small and medium-sized enterprises (SMEs) are particularly vulnerable, accounting for 43% of these attacks.

End User Impact

  • Consumer Awareness: 68% of consumers express concern over their online privacy and data security. This has led to a 15% rise in the adoption of personal security software and VPN services.
  • Enterprise Security Measures: 89% of enterprises have implemented multi-factor authentication (MFA), up from 56% in 2020. Furthermore, 72% of organizations have increased their cybersecurity budgets to counteract growing threats.

Industry-Specific Insights

  • Healthcare Sector: The healthcare industry has seen a 25% increase in cyberattacks, with 70% of breaches involving patient records. As a result, 85% of healthcare providers are investing in enhanced digital security measures.
  • Financial Services: Financial institutions remain a prime target for cybercriminals. 90% of banks have reported an increase in cyber threats, leading to a 20% rise in cybersecurity investments.

Regulatory Landscape

  • Compliance and Regulations: 78% of businesses are now subject to data protection regulations such as GDPR and CCPA. Compliance efforts have driven a 30% increase in spending on data security solutions.
  • Impact of Non-Compliance: Non-compliance with these regulations has resulted in fines totaling $3.6 billion globally in 2023, underscoring the importance of adherence to data protection laws.

Future Trends

  • AI and Machine Learning: 65% of organizations are exploring the use of AI and machine learning to enhance their cybersecurity posture. These technologies are expected to play a critical role in identifying and mitigating threats in real-time.
  • Zero Trust Architecture: The adoption of zero trust security models is expected to grow by 20% annually, with 58% of enterprises planning to implement this approach by 2025.

The digital security landscape is rapidly evolving, driven by the increasing frequency and sophistication of cyber threats. As end users, both consumers and enterprises, become more aware of the importance of robust security measures, investments in digital security solutions are set to rise. 

We surveyed the Digital Security companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Digital Security Market, by Type, 2018-2023, 2024-2030 ($ millions)

Global Digital Security Market Segment Percentages, by Type, 2023 (%)

  • Hardware
  • Software
  • Services

Global Digital Security Market, by Application, 2018-2023, 2024-2030 ($ millions)

Global Digital Security Market Segment Percentages, by Application, 2023 (%)

  • BFSI
  • Mobile Security and Telecommunication
  • National Defense and Security
  • Others

Global Digital Security Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)

Global Digital Security Market Segment Percentages, By Region and Country, 2023 (%)

  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Benelux
  • Rest of Europe
  • Asia
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Rest of Asia
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East & Africa
  • Turkey
  • Israel
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

  • Key companies Digital Security revenues in global market, 2018-2023 (estimated), ($ millions)
  • Key companies Digital Security revenues share in global market, 2023 (%)

key players include:

  • Morpho Inc
  • NEC Corporation
  • Gemalto NV
  • 3M
  • Fireeye Inc
  • HID Global
  • Oberthur Technologies
  • Vasco Data Security International
  • SafeNet
  • RSA Security LLC

Outline of Major Chapters:

Chapter 1: Introduces the definition of Digital Security, market overview.

Chapter 2: Global Digital Security market size in revenue.

Chapter 3: Detailed analysis of Digital Security company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Digital Security in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: The main points and conclusions of the report.

Report Attributes Report Details
Report Title Digital Security Market, Global Outlook and Forecast 2024-2030
Market size in 2023 US$ 199.6 billion
Forecast Market size by 2030 US$ 339.5 billion
Growth Rate CAGR of 8.1%
Historical Year 2018 to 2022 (Data from 2010 can be provided as per availability)
Base Year 2023
Forecast Year 2031
Number of Pages 61 Pages
Customization Available Yes, the report can be customized as per your need.

TABLE OF CONTENTS

1 Introduction to Research & Analysis Reports
1.1 Digital Security Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Digital Security Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Digital Security Overall Market Size
2.1 Global Digital Security Market Size: 2022 VS 2029
2.2 Global Digital Security Market Size, Prospects & Forecasts: 2018-2029
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Digital Security Players in Global Market
3.2 Top Global Digital Security Companies Ranked by Revenue
3.3 Global Digital Security Revenue by Companies
3.4 Top 3 and Top 5 Digital Security Companies in Global Market, by Revenue in 2022
3.5 Global Companies Digital Security Product Type
3.6 Tier 1, Tier 2 and Tier 3 Digital Security Players in Global Market
3.6.1 List of Global Tier 1 Digital Security Companies
3.6.2 List of Global Tier 2 and Tier 3 Digital Security Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Digital Security Market Size Markets, 2022 & 2029
4.1.2 Hardware
4.1.3 Software
4.1.4 Services
4.2 By Type - Global Digital Security Revenue & Forecasts
4.2.1 By Type - Global Digital Security Revenue, 2018-2023
4.2.2 By Type - Global Digital Security Revenue, 2024-2029
4.2.3 By Type - Global Digital Security Revenue Market Share, 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Digital Security Market Size, 2022 & 2029
5.1.2 BFSI
5.1.3 Mobile Security and Telecommunication
5.1.4 National Defense and Security
5.1.5 Others
5.2 By Application - Global Digital Security Revenue & Forecasts
5.2.1 By Application - Global Digital Security Revenue, 2018-2023
5.2.2 By Application - Global Digital Security Revenue, 2024-2029
5.2.3 By Application - Global Digital Security Revenue Market Share, 2018-2029
6 Sights by Region
6.1 By Region - Global Digital Security Market Size, 2022 & 2029
6.2 By Region - Global Digital Security Revenue & Forecasts
6.2.1 By Region - Global Digital Security Revenue, 2018-2023
6.2.2 By Region - Global Digital Security Revenue, 2024-2029
6.2.3 By Region - Global Digital Security Revenue Market Share, 2018-2029
6.3 North America
6.3.1 By Country - North America Digital Security Revenue, 2018-2029
6.3.2 US Digital Security Market Size, 2018-2029
6.3.3 Canada Digital Security Market Size, 2018-2029
6.3.4 Mexico Digital Security Market Size, 2018-2029
6.4 Europe
6.4.1 By Country - Europe Digital Security Revenue, 2018-2029
6.4.2 Germany Digital Security Market Size, 2018-2029
6.4.3 France Digital Security Market Size, 2018-2029
6.4.4 U.K. Digital Security Market Size, 2018-2029
6.4.5 Italy Digital Security Market Size, 2018-2029
6.4.6 Russia Digital Security Market Size, 2018-2029
6.4.7 Nordic Countries Digital Security Market Size, 2018-2029
6.4.8 Benelux Digital Security Market Size, 2018-2029
6.5 Asia
6.5.1 By Region - Asia Digital Security Revenue, 2018-2029
6.5.2 China Digital Security Market Size, 2018-2029
6.5.3 Japan Digital Security Market Size, 2018-2029
6.5.4 South Korea Digital Security Market Size, 2018-2029
6.5.5 Southeast Asia Digital Security Market Size, 2018-2029
6.5.6 India Digital Security Market Size, 2018-2029
6.6 South America
6.6.1 By Country - South America Digital Security Revenue, 2018-2029
6.6.2 Brazil Digital Security Market Size, 2018-2029
6.6.3 Argentina Digital Security Market Size, 2018-2029
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Digital Security Revenue, 2018-2029
6.7.2 Turkey Digital Security Market Size, 2018-2029
6.7.3 Israel Digital Security Market Size, 2018-2029
6.7.4 Saudi Arabia Digital Security Market Size, 2018-2029
6.7.5 UAE Digital Security Market Size, 2018-2029
7 Digital Security Companies Profiles
7.1 Morpho Inc
7.1.1 Morpho Inc Company Summary
7.1.2 Morpho Inc Business Overview
7.1.3 Morpho Inc Digital Security Major Product Offerings
7.1.4 Morpho Inc Digital Security Revenue in Global Market (2018-2023)
7.1.5 Morpho Inc Key News & Latest Developments
7.2 NEC Corporation
7.2.1 NEC Corporation Company Summary
7.2.2 NEC Corporation Business Overview
7.2.3 NEC Corporation Digital Security Major Product Offerings
7.2.4 NEC Corporation Digital Security Revenue in Global Market (2018-2023)
7.2.5 NEC Corporation Key News & Latest Developments
7.3 Gemalto NV
7.3.1 Gemalto NV Company Summary
7.3.2 Gemalto NV Business Overview
7.3.3 Gemalto NV Digital Security Major Product Offerings
7.3.4 Gemalto NV Digital Security Revenue in Global Market (2018-2023)
7.3.5 Gemalto NV Key News & Latest Developments
7.4 3M
7.4.1 3M Company Summary
7.4.2 3M Business Overview
7.4.3 3M Digital Security Major Product Offerings
7.4.4 3M Digital Security Revenue in Global Market (2018-2023)
7.4.5 3M Key News & Latest Developments
7.5 Fireeye Inc
7.5.1 Fireeye Inc Company Summary
7.5.2 Fireeye Inc Business Overview
7.5.3 Fireeye Inc Digital Security Major Product Offerings
7.5.4 Fireeye Inc Digital Security Revenue in Global Market (2018-2023)
7.5.5 Fireeye Inc Key News & Latest Developments
7.6 HID Global
7.6.1 HID Global Company Summary
7.6.2 HID Global Business Overview
7.6.3 HID Global Digital Security Major Product Offerings
7.6.4 HID Global Digital Security Revenue in Global Market (2018-2023)
7.6.5 HID Global Key News & Latest Developments
7.7 Oberthur Technologies
7.7.1 Oberthur Technologies Company Summary
7.7.2 Oberthur Technologies Business Overview
7.7.3 Oberthur Technologies Digital Security Major Product Offerings
7.7.4 Oberthur Technologies Digital Security Revenue in Global Market (2018-2023)
7.7.5 Oberthur Technologies Key News & Latest Developments
7.8 Vasco Data Security International
7.8.1 Vasco Data Security International Company Summary
7.8.2 Vasco Data Security International Business Overview
7.8.3 Vasco Data Security International Digital Security Major Product Offerings
7.8.4 Vasco Data Security International Digital Security Revenue in Global Market (2018-2023)
7.8.5 Vasco Data Security International Key News & Latest Developments
7.9 SafeNet
7.9.1 SafeNet Company Summary
7.9.2 SafeNet Business Overview
7.9.3 SafeNet Digital Security Major Product Offerings
7.9.4 SafeNet Digital Security Revenue in Global Market (2018-2023)
7.9.5 SafeNet Key News & Latest Developments
7.10 RSA Security LLC
7.10.1 RSA Security LLC Company Summary
7.10.2 RSA Security LLC Business Overview
7.10.3 RSA Security LLC Digital Security Major Product Offerings
7.10.4 RSA Security LLC Digital Security Revenue in Global Market (2018-2023)
7.10.5 RSA Security LLC Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer

LIST OF TABLES & FIGURES

List of Tables
Table 1. Digital Security Market Opportunities & Trends in Global Market
Table 2. Digital Security Market Drivers in Global Market
Table 3. Digital Security Market Restraints in Global Market
Table 4. Key Players of Digital Security in Global Market
Table 5. Top Digital Security Players in Global Market, Ranking by Revenue (2022)
Table 6. Global Digital Security Revenue by Companies, (US$, Mn), 2018-2023
Table 7. Global Digital Security Revenue Share by Companies, 2018-2023
Table 8. Global Companies Digital Security Product Type
Table 9. List of Global Tier 1 Digital Security Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Digital Security Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global Digital Security Revenue, (US$, Mn), 2022 & 2029
Table 12. By Type - Digital Security Revenue in Global (US$, Mn), 2018-2023
Table 13. By Type - Digital Security Revenue in Global (US$, Mn), 2024-2029
Table 14. By Application ? Global Digital Security Revenue, (US$, Mn), 2022 & 2029
Table 15. By Application - Digital Security Revenue in Global (US$, Mn), 2018-2023
Table 16. By Application - Digital Security Revenue in Global (US$, Mn), 2024-2029
Table 17. By Region ? Global Digital Security Revenue, (US$, Mn), 2022 & 2029
Table 18. By Region - Global Digital Security Revenue (US$, Mn), 2018-2023
Table 19. By Region - Global Digital Security Revenue (US$, Mn), 2024-2029
Table 20. By Country - North America Digital Security Revenue, (US$, Mn), 2018-2023
Table 21. By Country - North America Digital Security Revenue, (US$, Mn), 2024-2029
Table 22. By Country - Europe Digital Security Revenue, (US$, Mn), 2018-2023
Table 23. By Country - Europe Digital Security Revenue, (US$, Mn), 2024-2029
Table 24. By Region - Asia Digital Security Revenue, (US$, Mn), 2018-2023
Table 25. By Region - Asia Digital Security Revenue, (US$, Mn), 2024-2029
Table 26. By Country - South America Digital Security Revenue, (US$, Mn), 2018-2023
Table 27. By Country - South America Digital Security Revenue, (US$, Mn), 2024-2029
Table 28. By Country - Middle East & Africa Digital Security Revenue, (US$, Mn), 2018-2023
Table 29. By Country - Middle East & Africa Digital Security Revenue, (US$, Mn), 2024-2029
Table 30. Morpho Inc Company Summary
Table 31. Morpho Inc Digital Security Product Offerings
Table 32. Morpho Inc Digital Security Revenue (US$, Mn) & (2018-2023)
Table 33. Morpho Inc Key News & Latest Developments
Table 34. NEC Corporation Company Summary
Table 35. NEC Corporation Digital Security Product Offerings
Table 36. NEC Corporation Digital Security Revenue (US$, Mn) & (2018-2023)
Table 37. NEC Corporation Key News & Latest Developments
Table 38. Gemalto NV Company Summary
Table 39. Gemalto NV Digital Security Product Offerings
Table 40. Gemalto NV Digital Security Revenue (US$, Mn) & (2018-2023)
Table 41. Gemalto NV Key News & Latest Developments
Table 42. 3M Company Summary
Table 43. 3M Digital Security Product Offerings
Table 44. 3M Digital Security Revenue (US$, Mn) & (2018-2023)
Table 45. 3M Key News & Latest Developments
Table 46. Fireeye Inc Company Summary
Table 47. Fireeye Inc Digital Security Product Offerings
Table 48. Fireeye Inc Digital Security Revenue (US$, Mn) & (2018-2023)
Table 49. Fireeye Inc Key News & Latest Developments
Table 50. HID Global Company Summary
Table 51. HID Global Digital Security Product Offerings
Table 52. HID Global Digital Security Revenue (US$, Mn) & (2018-2023)
Table 53. HID Global Key News & Latest Developments
Table 54. Oberthur Technologies Company Summary
Table 55. Oberthur Technologies Digital Security Product Offerings
Table 56. Oberthur Technologies Digital Security Revenue (US$, Mn) & (2018-2023)
Table 57. Oberthur Technologies Key News & Latest Developments
Table 58. Vasco Data Security International Company Summary
Table 59. Vasco Data Security International Digital Security Product Offerings
Table 60. Vasco Data Security International Digital Security Revenue (US$, Mn) & (2018-2023)
Table 61. Vasco Data Security International Key News & Latest Developments
Table 62. SafeNet Company Summary
Table 63. SafeNet Digital Security Product Offerings
Table 64. SafeNet Digital Security Revenue (US$, Mn) & (2018-2023)
Table 65. SafeNet Key News & Latest Developments
Table 66. RSA Security LLC Company Summary
Table 67. RSA Security LLC Digital Security Product Offerings
Table 68. RSA Security LLC Digital Security Revenue (US$, Mn) & (2018-2023)
Table 69. RSA Security LLC Key News & Latest Developments
List of Figures
Figure 1. Digital Security Segment by Type in 2022
Figure 2. Digital Security Segment by Application in 2022
Figure 3. Global Digital Security Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Digital Security Market Size: 2022 VS 2029 (US$, Mn)
Figure 6. Global Digital Security Revenue, 2018-2029 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Digital Security Revenue in 2022
Figure 8. By Type - Global Digital Security Revenue Market Share, 2018-2029
Figure 9. By Application - Global Digital Security Revenue Market Share, 2018-2029
Figure 10. By Type - Global Digital Security Revenue, (US$, Mn), 2022 & 2029
Figure 11. By Type - Global Digital Security Revenue Market Share, 2018-2029
Figure 12. By Application - Global Digital Security Revenue, (US$, Mn), 2022 & 2029
Figure 13. By Application - Global Digital Security Revenue Market Share, 2018-2029
Figure 14. By Region - Global Digital Security Revenue Market Share, 2018-2029
Figure 15. By Country - North America Digital Security Revenue Market Share, 2018-2029
Figure 16. US Digital Security Revenue, (US$, Mn), 2018-2029
Figure 17. Canada Digital Security Revenue, (US$, Mn), 2018-2029
Figure 18. Mexico Digital Security Revenue, (US$, Mn), 2018-2029
Figure 19. By Country - Europe Digital Security Revenue Market Share, 2018-2029
Figure 20. Germany Digital Security Revenue, (US$, Mn), 2018-2029
Figure 21. France Digital Security Revenue, (US$, Mn), 2018-2029
Figure 22. U.K. Digital Security Revenue, (US$, Mn), 2018-2029
Figure 23. Italy Digital Security Revenue, (US$, Mn), 2018-2029
Figure 24. Russia Digital Security Revenue, (US$, Mn), 2018-2029
Figure 25. Nordic Countries Digital Security Revenue, (US$, Mn), 2018-2029
Figure 26. Benelux Digital Security Revenue, (US$, Mn), 2018-2029
Figure 27. By Region - Asia Digital Security Revenue Market Share, 2018-2029
Figure 28. China Digital Security Revenue, (US$, Mn), 2018-2029
Figure 29. Japan Digital Security Revenue, (US$, Mn), 2018-2029
Figure 30. South Korea Digital Security Revenue, (US$, Mn), 2018-2029
Figure 31. Southeast Asia Digital Security Revenue, (US$, Mn), 2018-2029
Figure 32. India Digital Security Revenue, (US$, Mn), 2018-2029
Figure 33. By Country - South America Digital Security Revenue Market Share, 2018-2029
Figure 34. Brazil Digital Security Revenue, (US$, Mn), 2018-2029
Figure 35. Argentina Digital Security Revenue, (US$, Mn), 2018-2029
Figure 36. By Country - Middle East & Africa Digital Security Revenue Market Share, 2018-2029
Figure 37. Turkey Digital Security Revenue, (US$, Mn), 2018-2029
Figure 38. Israel Digital Security Revenue, (US$, Mn), 2018-2029
Figure 39. Saudi Arabia Digital Security Revenue, (US$, Mn), 2018-2029
Figure 40. UAE Digital Security Revenue, (US$, Mn), 2018-2029
Figure 41. Morpho Inc Digital Security Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 42. NEC Corporation Digital Security Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 43. Gemalto NV Digital Security Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 44. 3M Digital Security Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 45. Fireeye Inc Digital Security Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 46. HID Global Digital Security Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 47. Oberthur Technologies Digital Security Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 48. Vasco Data Security International Digital Security Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 49. SafeNet Digital Security Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 50. RSA Security LLC Digital Security Revenue Year Over Year Growth (US$, Mn) & (2018-2023)

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