The cybersecurity market focuses on protecting digital systems and data from escalating cyber threats. With the increasing frequency and sophistication of cyberattacks, organizations globally are investing in comprehensive security solutions. This sector comprises various products and services such as antivirus software, firewalls, encryption tools, and threat intelligence. Companies prioritize fortifying their digital defenses, contributing to the continuous growth of the cybersecurity market in response to the evolving landscape of cyber threats.
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Data Bridge Market Research analyses that the Turkey Cyber Security Market will grow at a CAGR of 7.3% from 2022 to 2029. The expansion of the internet of things (IoT) increases the number of connected devices, providing more entry points for cyberattacks. This underscores the critical importance of robust cybersecurity measures to protect against potential vulnerabilities and breaches.
Key Findings of the Study
Remote workforce is expected to drive the market's growth rate
The surge in remote work has become a pivotal driver for the cybersecurity market. As more employees work from various locations, the need for secure networks and endpoints intensifies. This increased vulnerability prompts organizations to invest significantly in cybersecurity solutions, ensuring the protection of sensitive data and systems. The evolving landscape of remote work amplifies the demand for robust security measures, driving innovation and advancements in cybersecurity technologies to meet the challenges posed by decentralized work environments.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014-2019)
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Segments Covered
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Offering (Services and Solutions/Software), Application (Identity and Access Management, Data Security and Privacy Service Offering, Governance Risk and Compliance, Unified Vulnerability Management Service Offering and Others), Security Type (Infrastructure Security, Network Security, Application Security, Cloud Security, Endpoint Security and Others), Deployment Model (Cloud and On-Premise), Enterprise Size (Large Sized Enterprises and Small and Medium-Sized Enterprises), End User (Industrial, Commercial, Government and Residential)
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Market Players Covered
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BAE Systems (U.K.), Microsoft (U.S.), McAfee, LLC (U.S.), Thales (France), Rapid7 (U.S.), Trend Micro Incorporated (Japan), Accenture (Ireland), Cisco Systems, Inc. (U.S.), IBM Corporation (U.S.), Oracle (U.S.), Splunk Inc. (U.S.), Check Point Software Technologies Ltd. (Israel), Palo Alto Networks (U.S.), Fortinet, Inc. (U.S.), Juniper Networks, Inc. (U.S.), Micro Focus (U.K.), Johnson Controls (Ireland) among others
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Data Points Covered in the Report
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In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
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Segment Analysis:
The Turkey cyber security market is segmented on the basis of the offering, application, security type, deployment model, enterprise size and end user.
- On the basis of offering, the Turkey cyber security market is segmented into services, and solutions/software
- On the basis of application, the Turkey cyber security market is segmented into identity and access management, data security and privacy service offering, governance risk and compliance, unified vulnerability management service offering, and others
- On the basis of security type, the Turkey cyber security market is segmented into infrastructure security, network security, application security, cloud security, endpoint security, and others
- On the basis of deployment model, the Turkey cyber security market is segmented into cloud, and on-premise
- On the basis of enterprise size, the Turkey cyber security market is segmented into large sized enterprises, and small and medium-sized enterprises
- On the basis of end user, the Turkey cyber security market is segmented into industrial, commercial, government, and residential
Major Players
Data Bridge Market Research recognizes the following companies as the major Turkey cyber security market players in Turkey cyber security market are BAE Systems (U.K.), Microsoft (U.S.), McAfee, LLC (U.S.), Thales (France), Rapid7 (U.S.), Trend Micro Incorporated (Japan), Accenture (Ireland), Cisco Systems, Inc. (U.S.), IBM Corporation (U.S.), Oracle (U.S.)
Market Developments
- In March 2023, Check Point Software Technologies Ltd launched Infinity Global Services, a comprehensive security solution spanning cloud, network, and endpoints. This offering expands Check Point's end-to-end security portfolio across thirty categories, empowering businesses of all sizes to enhance cybersecurity procedures, fortify systems, and demonstrate heightened cyber resilience
- In March 2023, CrowdStrike and Dell Technologies forged a strategic partnership, offering enterprises seamless, cost-effective solutions to prevent, detect, and respond to cyber threats. This partnership delivers specialized services for organizations of all sizes, enabling effective management of cybersecurity across cloud workloads, endpoints, identities, and data
- In August 2022, Fortinet, Inc. revealed a strategic partnership with Comcast Business, to deliver advanced Secure Access Service Edge (SASE) and Security Service Edge (S.S.E.) solutions. This partnership aims to empower enterprises in safeguarding their distributed workforces by providing robust cybersecurity measures tailored for the evolving challenges of a decentralized business landscape
- In May 2022, Cisco Systems, Inc. launched a sophisticated cybersecurity assessment tool aimed at empowering small and medium-sized businesses (SMBs). The primary goal was to provide these enterprises with a comprehensive understanding of their overall security posture, facilitating informed measures to enhance and fortify their cybersecurity defenses
- In March 2022, IBM India Private Limited inaugurated a cybersecurity hub launching a cutting-edge cyber protection platform. Leveraging AI tools including Watson Security Advisor and Advanced Threat Disposition Scoring, the platform aids analysts in threat assessment, malware tracking, threat compilation, and information mitigation. It empowers clients to efficiently manage and automate vast volumes of security alerts
For more detailed information about the Turkey cyber security market report, click here – https://www.databridgemarketresearch.com/fr/reports/turkey-cyber-security-market
