Top 10 Growth Opportunities in Cybersecurity, 2024

Top 10 Growth Opportunities in Cybersecurity, 2024

The Evolving Threat Landscape and Increasing Security Requirements Generate Growth Potential for Cybersecurity Providers

RELEASE DATE
10-Jan-2024
REGION
Global
Research Code: K9E0-01-00-00-00
SKU: IT_2023_516
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IT_2023_516
$2,450.00
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Description

Frost & Sullivan’s cybersecurity practice area covers a variety of solutions and advanced technologies that offer security protection to organizations. Some of the markets studied include extended detection and response (XDR), secure access service edge (SASE), cloud-native application protection platforms (CNAPPs), identity access management (IAM), and managed security services (MSPs). In this study, Frost & Sullivan discusses growth opportunities for the cybersecurity industry in 2024.

The outlook covers themes relevant to cybersecurity, with cloud migration, threat landscape evolution, and convergence among the key trends. As the threat landscape continues to evolve in 2024, attack sophistication will intensify the security challenge for people, technology, and processes, the tripartite system of security needed to protect business-critical data and infrastructure. Organizational needs have changed drastically from solely on-premises to hybrid or fully remote network access capabilities that differ among regions and industries. As organizations increasingly recognize security features and solutions as business enablers, especially in the post-pandemic world, Frost & Sullivan expects a positive outlook for the cybersecurity industry.

Author: Sarah Pavlak

Table of Contents

Strategic Imperatives

Top 10 Growth Opportunities

Growth Opportunity 1: Generative AI Driving Better Cybersecurity Outcomes

Growth Opportunity 2: Simplifying XDR to Increase Adoption

Growth Opportunity 3: Stronger Demand to Transform Legacy Networking and Security Architecture Accelerating SASE and SSE Adoption

Growth Opportunity 4: Increasing Cloud Security Requirements Driving Growth of Cloud-native Application Protection Platforms

Growth Opportunity 5: ERMM Offering a Comprehensive View of the Digital Attack Surface

Growth Opportunity 6: APIs—The Underrated Threat

Growth Opportunity 7: Unifying Disparate Identity Solutions to Enhance Customer Identity Posture

Growth Opportunity 8: MSSPs Enhancing their Service Integration

Growth Opportunity 9: Software Supply Chain Security Market Offering Developer-focused Security Practices

Growth Opportunity 10: Crypto Agility in the Post-quantum Era

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Frost & Sullivan s cybersecurity practice area covers a variety of solutions and advanced technologies that offer security protection to organizations. Some of the markets studied include extended detection and response (XDR), secure access service edge (SASE), cloud-native application protection platforms (CNAPPs), identity access management (IAM), and managed security services (MSPs). In this study, Frost & Sullivan discusses growth opportunities for the cybersecurity industry in 2024. The outlook covers themes relevant to cybersecurity, with cloud migration, threat landscape evolution, and convergence among the key trends. As the threat landscape continues to evolve in 2024, attack sophistication will intensify the security challenge for people, technology, and processes, the tripartite system of security needed to protect business-critical data and infrastructure. Organizational needs have changed drastically from solely on-premises to hybrid or fully remote network access capabilities that differ among regions and industries. As organizations increasingly recognize security features and solutions as business enablers, especially in the post-pandemic world, Frost & Sullivan expects a positive outlook for the cybersecurity industry. Author: Sarah Pavlak
More Information
Author Sarah Pavlak
Industries Information Technology
No Index No
Is Prebook No
Keyword 1 Cybersecurity Analysis
Keyword 2 Cybersecurity Industry Trends
Keyword 3 Data Protection Strategies
Podcast No
WIP Number K9E0-01-00-00-00