MarkNtel Advisors has just published a new research report titled "Malaysia Cybersecurity Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2030". This study provides an extensive analysis of market drivers, segmentation, growth opportunities, trends, and competitive landscape, aiming to provide insights into current and future market scenarios.
What insights and analysis does the report provide on the Malaysia Cybersecurity market from 2024 to 2030?
Malaysia Cybersecurity Market was valued at around USD 1.05 billion in 2023 and is projected to reach around USD 2.17 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 11.4% during the forecast period, i.e., 2024-30.
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Malaysia Cybersecurity Market by Segments
By Security Type
- Network Security- Market Size & Forecast 2019-2030, (USD Million)
- Cloud Security- Market Size & Forecast 2019-2030, (USD Million)
- Endpoint & IoT Security- Market Size & Forecast 2019-2030, (USD Million)
- Application Security- Market Size & Forecast 2019-2030, (USD Million)
- Data Security- Market Size & Forecast 2019-2030, (USD Million)
- Others (Identification & Access Management, etc.)- Market Size & Forecast 2019-2030, (USD Million)
By Solution
- Identity & Access Management (IAM)- Market Size & Forecast 2019-2030, (USD Million)
- Antivirus/Antimalware- Market Size & Forecast 2019-2030, (USD Million)
- Log Management & SIEM- Market Size & Forecast 2019-2030, (USD Million)
- Firewall- Market Size & Forecast 2019-2030, (USD Million)
- Encryption & Tokenization- Market Size & Forecast 2019-2030, (USD Million)
- Compliance & Policy Management- Market Size & Forecast 2019-2030, (USD Million)
- Patch Management- Market Size & Forecast 2019-2030, (USD Million)
- Others- Market Size & Forecast 2019-2030, (USD Million)
By Deployment mode
- On-premises- Market Size & Forecast 2019-2030, (USD Million)
- Cloud- Market Size & Forecast 2019-2030, (USD Million)
- Hybrid Cloud- Market Size & Forecast 2019-2030, (USD Million)
By Organization size
- Large Enterprises- Market Size & Forecast 2019-2030, (USD Million)
- SMEs (Small & Medium Enterprises)- Market Size & Forecast 2019-2030, (USD Million)
By End User
- Banking, Financial Services and Insurance (BFSI)- Market Size & Forecast 2019-2030, (USD Million)
- Government & Defense- Market Size & Forecast 2019-2030, (USD Million)
- Corporate- Market Size & Forecast 2019-2030, (USD Million)
- Healthcare & Life Sciences- Market Size & Forecast 2019-2030, (USD Million)
- Manufacturing- Market Size & Forecast 2019-2030, (USD Million)
- IT & Telecommunication- Market Size & Forecast 2019-2030, (USD Million)
- Others (Education, Media & Entertainment, etc.)- Market Size & Forecast 2019-2030, (USD Million)
A comprehensive report on the Malaysia Cybersecurity Market is available now- https://www.marknteladvisors.com/research-library/malaysia-cybersecurity-market.html
Malaysia Cybersecurity Market Report Segment by Regions
- North
- South
- East
- Central
- Sarawak
- Sabah
What are the current trends in the Malaysia Cybersecurity Market?
Growing Adoption of Zero-Trust Security – There has been an increasing establishment of new organizations across banking, financial services and insurance (BFSI), manufacturing, IT & Telecom, etc., in line with government initiatives to boost the Malaysian economy. In addition, the increase in the number of new companies is also vulnerable to cyberattacks, which raises the demand for advanced cybersecurity solutions for end-point security, data protection, cloud security, etc. This led to increased adoption of zero-trust security services to implement granular access controls and authentication mechanisms, regardless of the location or device used by employees, thus mitigating the risks associated with remote work environments. Moreover, increased demand for zero-trust security solutions is resulting in the rising launch of solutions in the country by companies like Oracle, Palo Alto Networks, etc.
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Who are the key players in the Malaysia Cybersecurity Market?
- IBM
- CISCO
- Microsoft
- Palo Alto Networks
- Wizlynx group
- AKATI Sekurity
- AVG
- Amazon Web Services, Inc.
- Qinetics MSP Sdn Bhd
- Oracle
- 3i Infotech Sdn Bhd
Questions Addressed in this Study
- What factors are driving the Malaysia Cybersecurity Market growth?
- How is the Malaysia Cybersecurity Market expected to grow over the next five years?
- What are the key insights into the current trends in the Malaysia Cybersecurity Market?
- What is the current size of the Malaysia Cybersecurity Market, and how is it projected to change in the future?
- What is the future outlook for the Malaysia Cybersecurity Market in terms of technological advancements and market expansion?
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