Enterprise Cybersecurity Spend to Exceed $226 Billion Globally by 2027, as AWS & IBM Top Competitor Leaderboard

BASINGSTOKE, England, June 06, 2022–(Business WIRE)–A new examine from Juniper Exploration has identified the benefit of enterprise cybersecurity commit will exceed $226 billion in 2027 up from $179 billion in 2022. This progress of 26% over the future 5 decades displays the rising maturity of the cybersecurity industry, which carries on to evolve as new threats arise. The report determined a climbing recognition of vulnerabilities, together with emerging threats, which includes ransomware and DDoS (Distributed Denial of Company) as vital drivers behind the raising commit.

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Juniper Exploration Competitor Leaderboard Cybersecurity Vendors (Photograph: Business enterprise Wire)

For far more insights, download the absolutely free whitepaper: Cybersecurity ~ Navigating the Menace Natural environment

AWS & IBM Rated as Top Cybersecurity Companies in Competitor Leaderboard

Juniper Research’s Competitor Leaderboard for the cybersecurity market place has identified the 5 major market suppliers as follows:

1. AWS

2. IBM

3. Cisco

4. Oracle

5. Sophos

Research co-creator Damla Sat described: “Cloud computing has been transformative for businesses, so it is no surprise that two of the largest cloud computing sellers, AWS and IBM, also lead in the cybersecurity room. For cloud distributors, efficient cybersecurity is a simple prerequisite – by providing in‑house cybersecurity remedies, AWS and IBM are capitalising on their present large consumer bases acquiring firms and capabilities as required to improve their product offerings.”

Juniper Research’s Competitor Leaderboard provides an independent assessment of the market standing of the leading cybersecurity gamers. It consists of a strong and transparent evaluation methodology, which includes heatmap assessment and a complete explanation of each individual company’s market place. The Leaderboard resource assesses just about every vendor’s capability, capacity, and items. This assessment features examining the dimensions of their operations, economical performance and the sophistication of their cybersecurity choices.

Story proceeds

The new investigate, Cybersecurity: Vital Developments, Competitor Leaderboard and Marketplace Forecasts 2022-2027, located remote operating and cloud computing becoming carried out by companies, from tiny to multinational, which boosts assault vectors out there to cybercriminals. The report determined machine studying as a vital prerequisite in just cybersecurity remedies improving upon reaction instances and combatting evolving practices of cybercriminals. In response, cybersecurity distributors ought to kind strategic partnerships with more compact, specialised cybersecurity suppliers to purchase new info resources and stage methods, and supply companies, such as unified danger administration, in purchase to maintain relevance in this really aggressive current market.

Cybersecurity sector exploration: https://www.juniperresearch.com/researchstore/essential-vertical-markets/cybersecurity-investigate-report

Obtain the whitepaper: https://www.juniperresearch.com/whitepapers/cybersecurity-navigating-the-threat-surroundings

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Contacts

Sam Smith, Push Relations
T: +44()1256 830002
E: sam.smith@juniperresearch.com