Report ID: SQMIG45D2077
Report ID:
SQMIG45D2077 |
Region:
Global |
Published Date: April, 2024
Pages:
197
|
Tables:
61 |
Figures:
72
Cybersecurity Mesh Market size was valued at USD 90 million in 2022 and is poised to grow from USD 101.43 million in 2023 to USD 263.9 million by 2031, growing at a CAGR of 12.7% during the forecast period (2024-2031).
Cybersecurity Mesh is becoming popular since It can redefine the cyber security perimeter around the identity of a person or a thing.Moreover, it also prevents hackers from exploiting different parts of a given network and establishes a more standardized responsive security approach. The distributed architectural approach of cyber security May is equal to scalable, flexible and reliable cyber security control.
Cyber security mesh will not only provide the functional benefits but it will also have strategic benefits to the institutions.It will support more than 50% of IAM request and help in delivery of IAM services will lead to the rise in manage Security Service providers. Composable security and identity services the major architecture of cyber security mesh provides various benefits such as responsive security, improved collaboration, flexibility and scalability, redefined cyber security parameter.However, the cyber security involves several challenges such as it is difficult and costly to apply to the existing ecosystem and ensure secure and simple identity based system. It also must ensure proper training and support to function efficiently.
US Cybersecurity Mesh Market is poised to grow at a sustainable CAGR for the next forecast year.
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REQUEST FREE CUSTOMIZATIONCybersecurity Mesh Market size was valued at USD 0.06 billion in 2021 and is poised to grow from USD 0.09 billion in 2022 to USD 0.19 billion by 2030, growing at a CAGR of 12.7% in the forecast period (2023-2030).
Competition in the global Cybersecurity Mesh market is expected to increase during the forecast period because new players are expected to enter in the global market and the number of software and services compatible with Cybersecurity Mesh will also increase. Currently, only a few key players are providing their services in the global market but these numbers will increase in the upcoming years. 'Gartner', 'Oracle', 'CrowdStrike', 'Palo Alto Networks', 'Stefanini', 'IBM', 'Bocasay', 'Exium', 'Infoblox', 'E-Spin', 'TrustMatrix', 'Fortinet', 'Check Point', 'McAfee', 'Proofpoint', 'Rapid7', 'Coalfire'
The Cybersecurity Mesh card is a type of key facilitator That enables distributed enterprises to deploy an extended security where it is needed most. Cyber security mass is one of the strategies that is currently witnessing strong traction because it aims in protecting the identity of users as well as the computers.It helps the organization experts manage protection from each of the multiple access points, while it also helps in preventing attackers from those seeking illegal access.This protection from various factor is the key driver to propel the market in future.
There is a major trend in IT forms to integrate security tools into cooperative ecosystems using a composable and scalable cyber security mesh architecture approach.This will help the firm to combat the increasing security complexity, position the enterprises for a security feature, close interoperability gaps, deploy supportive layers for long term CSMA strategy.
Globally, North America is estimated to hold the highest global Cybersecurity Mesh market share . Main factor during this growth period is the presence of top market players.
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Report ID: SQMIG45D2077