Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Industrial Cyber Security Solutions and Services Market size was valued at USD 20.52 billion in 2024 and is likely to cross USD 70.01 billion by 2037, expanding at more than 9.9% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of industrial cyber security solutions and services is estimated at USD 23.9 billion.
The growth of the market can be attributed to the rising urbanization and increasing adoption of digitalization technology across the world. The growing use of different technologies including cloud computing, AI, and other applications is estimated to drive market growth. Also, the rising number of cyber-attacks or cybercrimes in many IT and data centers is driving market growth in the coming years. As per the reports, it was estimated that every 30 seconds a cyber-attack is carried out online with cybercrimes occurring more than 2400 times every day around the world. The growing number of industries using advanced technological data management services to reduce the workload is estimated to drive market growth in the coming years.