Cyber Security Services Market Will Grow Rapidly In Coming Years

Cyber Security Services Market Summary

The global cyber security services market size was valued at USD 75.82 billion in 2024 and is projected to reach USD 156.76 billion by 2030, growing at a CAGR of 13.6% from 2025 to 2030. Advances in Artificial Intelligence (AI), Internet of Things (IoT), and Machine Learning (ML) have significantly expanded the use of web applications and mobile apps. As businesses integrate these technologies into their operations, they create increasingly complex IT environments that become more susceptible to various forms of cyberattacks, leading to heightened concerns about data privacy, system vulnerabilities, and operational disruption.

To address these emerging risks, organizations are increasingly relying on specialized cyber security service providers to strengthen their digital defenses. Companies are outsourcing services to identify vulnerabilities, detect bugs in their systems, and monitor the broader threat landscape. These services enable them to proactively respond to cyber incidents while minimizing downtime and safeguarding sensitive information. The growing need to repair application-level weaknesses and manage the risks associated with data breaches, ransomware, and other cybercrimes is expected to drive the demand for cyber security services throughout the forecast period.

Key Market Trends & Insights

• The North America accounted for 38.3% of the global cyber security services market in 2024, supported by strong technological adoption, high awareness of cyber threats, and the presence of leading service providers.
• S. dominated the regional market in 2024, driven by stringent regulatory requirements, expanding digital infrastructure, and continuous investment in advanced security solutions.
• Asia Pacific cyber security services market is anticipated to experience the fastest CAGR over the forecast period due to rapid digitalization, rising cybercrime incidents, and increasing government initiatives to strengthen national cyber resilience.
• Based on service, the professional services segment held the largest revenue share of 70.8% in 2024, reflecting the growing demand for consulting, system integration, implementation, and vulnerability assessment services.
• Based on industry verticals, the defense and government segment led the market in 2024, supported by increasing national security concerns, modernization of defense infrastructure, and continuous focus on protecting confidential and mission-critical data.

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Market Size & Forecast

• 2024 Market Size: USD 75.82 Billion
• 2030 Projected Market Size: USD 156.76 Billion
• CAGR (2025-2030): 13.6%
• North America: Largest market in 2024
• Asia Pacific: Fastest growing market

Key Companies & Market Share Insights

Some key companies in the cybersecurity services market are Accenture, AT&T INC., Atos SE, Capgemini, and Cisco Systems, Inc. The market for cyber security services can be described as a fragmented market characterized by the presence of multiple vendors offering various services, such as testing, threat detection, threat hunting, and regulatory monitoring, in the enterprise cyber security landscape. Vendors are aggressively pursuing various strategies, such as strategic partnerships, as part of the efforts to contribute toward safer cyberspace, improve their service capabilities, and extend their user base. For instance, in January 2020, HackerOne partnered with OPPO, a mobile manufacturer. The partnership was aimed at further supporting the “Security Research Community” and reducing cyber risks. In October 2019, By Light Professional IT Services LLC., partnered with FireEye, Inc. to expand its EmberSec portfolio, which comprises managed services, such as Managed Detection and Response (MDR) security incident event management (SIEM), utilizing endpoint detection and response, email threat protection, and network security monitoring.

Competition in the market is intensifying continuously as increasing funding is allowing startups to make a foray into it. New entrants in the market include various smaller technology vendors offering various services. For instance, in August 2020, Cobalt raised USD 29 million in a Series B funding round to make its “penetration testing-as-a-service” platform available to more software vendors.

• Accenture is a global professional services company specializing in strategy, consulting, technology, and operations. It offers comprehensive cybersecurity solutions, including risk management, threat intelligence, and managed security services. Accenture leverages advanced technologies, such as AI and cloud-native tools, to protect clients across industries from emerging cyber threats. Its extensive global network and collaboration with leading technology providers ensure innovative and scalable cybersecurity solutions tailored to client needs.
• AT&T INC is a leading telecommunications and technology company offering robust cybersecurity services through its AT&T Cybersecurity division. It provides managed security services, threat detection, and response solutions designed to protect businesses of all sizes. AT&T INC leverages its expertise in networking and connectivity to deliver integrated security solutions, including Secure Access Service Edge (SASE) and cloud-based threat intelligence platforms, ensuring comprehensive protection across hybrid environments.

Key Players

• Accenture
• AT&T INC.
• Atos SE
• Capgemini
• Cisco Systems, Inc
• CrowdStrike Holdings, Inc
• Deloitte Global
• DXC Technology Company
• IBM
• Rapid7

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Conclusion

The cyber security services market is expected to maintain strong momentum as digital transformation accelerates across industries and cyber threats become increasingly sophisticated. Organizations are prioritizing proactive security strategies to safeguard critical data, ensure business continuity, and comply with evolving regulations. The growing reliance on AI-driven analytics, cloud security, and managed services is reshaping security models and driving innovation among service providers. With rising investments from both public and private sectors and expanding demand from rapidly digitalizing regions such as Asia Pacific, the market is positioned for sustained growth. Continuous technological advancements will further enhance service efficiency and long-term market resilience.