Federal Cyber Security Market Report 2024 (Global Edition)

Global Federal Cyber Security Market Report 2024 Market Size Split by Type (Network Security Solutions, Identity & Access Management Solutions, Data Protection Solutions, Threat Detection & Response S...

Federal Cyber Security Market Report Description

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Federal Cyber Security Market Insights Video

Competitive Landscape of the Federal Cyber Security Market

In the federal cyber security market's competitive landscape, numerous key competitors are driving innovation and growth. Key players in the federal cyber security market adopt strategies like industry-specific customizations, AI integration, and partnerships with tech firms to enhance scalability, automation, and real-time insights, addressing client needs for flexibility, innovation, and regulatory compliance.

March 2022 - Google Cloud declared it is acquiring cybersecurity firm Mandiant, a player in proactive SaaS-based security. In light of the growing impact of cybercrime on all businesses across the country, the acquisition emphasizes the necessity of security for all enterprises, regardless of size. Mandiant will be acquired for an all-cash price of USD 23 per share in a deal worth USD 5.4 billion. Once the necessary stockholder and regulatory clearances are obtained, Mandiant will merge with Google Cloud. (Source: https://cloud.google.com/blog/products/identity-security/google-completes-acquisition-of-mandiant)

Top Companies Market Share in Federal Cyber Security Industry: (In no particular order of Rank)

• IBM (US)
• Cisco (US)
• Microsoft (US)
• Palo Alto Networks (US)
• Fortinet (US)
• Check Point (US)
• Trellix (US)
• Trend Micro (Japan)
• Rapid7 (US)
• Micro Focus (Open text) (UK)
• AWS (US)
• Oracle (US)
• Accenture (Ireland)
• CyberArk (US)
• SentinelOne (US)
• Qualys (US)
• F-secure (Finland)
• F5 (US)
• RSA Security (US)
• Sophos (UK)
• Forcepoint (US)
• Proofpoint (US)
• Juniper Networks (US)
• SonicWall (US)
• Zscaler (US)
• Google (US)
• Fortra (US)
• Crowdstrike (US)
• Broadcom (US)
• Redington (India)
• NTT (Japan)
• Algosec (US)
• Cynet (Israel)
• Nozomi Networks (US)
• Revbits (US)
• Aristi Labs (India)
• Illumio (US)
• Seclore (US)
• Securonix (US)
• Sejel Tech (Saudia Arabia)
• Proficio (US)
• Wijungle (India)
• Secureden (US)
• Orca Security (US)
• Wattle Corporation (India)
• Open Raven (US)
• CPX (UAE)
• Mesh Security (Israel)
• Confidential Data
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Federal Cyber Security Market

Which Region Dominates the Federal Cyber Security Market in 2024?

According to Cognitive Market Research, North America currently dominates the federal cyber security market, and the region is expected to have significant growth during the projected period. This is due to the region's increasing cyber threats targeting government infrastructure, rising adoption of cloud services, and growing data privacy concerns. The need to protect sensitive information and critical systems from hackers and nation-state actors is pushing federal agencies to invest heavily in advanced cybersecurity solutions, including AI-powered defenses and threat detection.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR) due to rise of digital infrastructure. Governments are investing heavily in advanced security solutions to protect critical information and ensure national security. The growing adoption of cloud services and the need for compliance with evolving regulations also fuel the demand for enhanced cyber defense measures across federal agencies in the region.

The current report Scope analyzes Federal Cyber Security Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Federal Cyber Security

According to Cognitive Market Research, the global federal cyber security market size was estimated at USD XX Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the federal cyber security market with a market size of USD XX million in 2024 and is projected to grow at a CAGR of 7.8% during the forecast period. The US market is an integration of federal cyber security with advanced technologies.
• The Canada federal cyber security market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 8.8% during the forecast period. Canada’s increasing cyber threats.
• The Mexico federal cyber security market is projected to witness growth at a CAGR of 8.5% during the forecast period, with a market size of USD XX million in 2024.

Europe Federal Cyber Security

According to Cognitive Market Research, the global federal cyber security market size was estimated at USD XX Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.3% from 2024 to 2031.

• The United Kingdom federal cyber security market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 9.1% during the forecast period. In the UK, federal cyber security sales witness an upswing due to growing small and medium enterprises.
• The France federal cyber security market is projected to witness growth at a CAGR of 7.5% during the forecast period, with a market size of USD XX million in 2024.
• According to Cognitive Market Research, the German federal cyber security market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 8.5% during the forecast period. In Germany, federal cyber security surged due to the increased focus on the major market players.
• The Italy federal cyber security market is projected to witness growth at a CAGR of 7.7% during the forecast period, with a market size of USD XX million in 2024.
• The Russia federal cyber security market is projected to witness growth at a CAGR of 7.3% during the forecast period, with a market size of USD XX million in 2024.
• The Spain federal cyber security market is projected to witness growth at a CAGR of 7.4% during the forecast period with a market size of USD XX million in 2024
• The Luxembourg federal cyber security market is projected to witness growth at a CAGR of 8.4% % during the forecast period, with a market size of USD XX million in 2024.
• The Portugal federal cyber security market is projected to witness growth at a CAGR of 8.1% during the forecast period, with a market size of USD XX million in 2024.
• The Greece federal cyber security market is projected to witness growth at a CAGR of 8.6% during the forecast period, with a market size of USD XX million in 2024.
• The Rest of Europe's federal cyber security market is projected to witness growth at a CAGR of 7.0% % during the forecast period, with a market size of USD XX million in 2024.

Asia Pacific Federal Cyber Security

According to Cognitive Market Research, the global federal cyber security market size was estimated at USD XX Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.8% from 2024 to 2031.

• According to Cognitive Market Research, the China federal cyber security market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 11.3% during the forecast period. Federal cyber security surged in China due to the increased focus of the major market players.
• The Japan federal cyber security market is projected to witness growth at a CAGR of 10.3% during the forecast period, with a market size of USD XX million in 2024.
• The India federal cyber security market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 13.6% during the forecast period. India's technological advancements.
• The South Korean federal cyber security market is projected to witness growth at a CAGR of 10.9% during the forecast period, with a market size of USD XX million in 2024.
• The Australian federal cyber security market is projected to witness growth at a CAGR of 11.5% during the forecast period, with a market size of USD XX million in 2024.
• The South East Asia federal cyber security market is projected to witness growth at a CAGR of 12.8% during the forecast period, with a market size of USD XX million in 2024.
• The Rest of Asia Pacific federal cyber security market is projected to witness growth at a CAGR of 11.6% during the forecast period, with a market size of USD XX million in 2024.

South America Federal Cyber Security

According to Cognitive Market Research, the global federal cyber security market size was estimated at USD XX Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.2% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil federal cyber security market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 9.8% during the forecast period. Federal cyber security flourished in Brazil due to rising urbanization.
• Argentina's federal cyber security market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 10.1% during the forecast period. Argentina's rising personal disposable income.
• Colombia's federal cyber security market is projected to witness growth at a CAGR of 9.0% during the forecast period, with a market size of USD XX million in 2024.
• Peru federal cyber security market is projected to witness growth at a CAGR of 9.4% during the forecast period, with a market size of USD XX million in 2024.
• Chile federal cyber security market is projected to witness growth at a CAGR of 9.5% during the forecast period, with a market size of USD XX million in 2024.
• The Rest of Latin America's federal cyber security market is projected to witness growth at a CAGR of 8.3% during the forecast period, with a market size of USD XX million in 2024.

Middle East and Africa Federal Cyber Security

According to Cognitive Market Research, the global federal cyber security market size was estimated at USD XX Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.5% from 2024 to 2031.

• The GCC Countries' federal cyber security market is projected to witness growth at a CAGR of 10.3% during the forecast period, with a market size of USD XX million in 2024. Federal cyber security sales flourish due to the presence of major market players.
• The Egypt federal cyber security market is projected to witness growth at a CAGR of 9.8% during the forecast period, with a market size of USD XX million in 2024.
• The South Africa federal cyber security market is projected to witness growth at a CAGR of 10.5% during the forecast period, with a market size of USD XX million in 2024. Federal cyber security sales flourished in South Africa due to increasing demand and regulatory support.
• The Turkey federal cyber security market is projected to witness growth at a CAGR of 9.0% during the forecast period, with a market size of USD XX million in 2024.
• The Nigeria federal cyber security market is projected to witness growth at a CAGR of 8.6% during the forecast period, with a market size of USD XX million in 2024.
• The Rest of the MEA federal cyber security market is projected to witness growth at a CAGR of 8.5% during the forecast period, with a market size of USD XX million in 2024.

Federal Cyber Security Market Analysis

Federal Cyber Security Market Type Segment Analysis

According to Cognitive Market Research, the data protection solutions segment holds the largest share of the market due to increasing government initiatives to safeguard critical infrastructure, rising cyber threats, compliance with stringent data protection regulations, and the growing adoption of advanced data protection solutions to counter sophisticated attacks and ensure information security.

In the federal cyber security market, network security solutions have been expanding at a rapid pace due to increasing cyber threats, growing digitalization, and stringent regulatory compliance. Network security solutions are essential for protecting sensitive government data, ensuring infrastructure resilience, and preventing cyberattacks across critical national systems and agencies.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Federal Cyber Security Industry. Request a Free Sample PDF!

Federal Cyber Security Market Deployment Segment Analysis

According to Cognitive Market Research, the on-premises segment holds the largest share of the market due to increasing concerns over data breaches, regulatory compliance, national security demands, and the need for direct control over sensitive information within government agencies to ensure secure, isolated networks.

In the federal cyber security market, the cloud has been expanding at a rapid pace due to increasing cloud adoption, rising cyber threats, and government regulations mandating enhanced data protection. The shift to cloud infrastructure requires robust security solutions, fueling demand for advanced cybersecurity technologies and services.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Federal Cyber Security Enterprise Size Segment Analysis

Federal Cyber Security Market Enterprise Size Segment Analysis

According to Cognitive Market Research, the small & medium enterprises segment holds the largest share of the market due to increasing regulatory compliance demands, and the growing adoption of cloud services among small and medium enterprises (SMEs), which require robust cybersecurity solutions to protect sensitive data and ensure business continuity.

In the federal cyber security market, large enterprises have been expanding at a rapid pace due to the increasing frequency and sophistication of cyberattacks, growing regulatory requirements, and the need for large enterprises to protect sensitive government data, ensure compliance, and safeguard critical infrastructure from evolving threats.

• Large Enterprises
• Medium Enterprises
• Small Enterprises

Federal Cyber Security Application Segment Analysis

Federal Cyber Security Market Application Segment Analysis

According to Cognitive Market Research, the defense segment holds the largest share of the market due to rising cyber threats, increasing government data breaches, and the need for advanced cybersecurity infrastructure. Growing defense digitization, regulatory requirements, and the push for safeguarding national security also fuel market demand.

In the federal cyber security market, government agencies have been expanding at a rapid pace due to increasing cyber threats, government initiatives to protect critical infrastructure, growing digitalization, and compliance with regulations. Government agencies require advanced security solutions to safeguard sensitive data, national security, and public trust.

• Government Agencies
• Defense
• Civilian
• Intelligence

Author's Detail

Vinayak Bali

Senior Research Analyst at Cognitive Market Research

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Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modeling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.

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