How big is the Australia Cybersecurity Market?

The Australia Cybersecurity Market size is expected to reach USD 7.09 billion in 2024 and grow at a CAGR of 18.44% to reach USD 16.52 billion by 2029. Read More

What is the current Australia Cybersecurity Market size?

In 2024, the Australia Cybersecurity Market size is expected to reach USD 7.09 billion. Read More

Who are the key players in Australia Cybersecurity Market?

AVG Technologies, Check Point Software Technologies Ltd, Cisco Systems Inc., FireEye Inc. and IBM Corporation are the major companies operating in the Australia Cybersecurity Market. Read More

What years does this Australia Cybersecurity Market cover, and what was the market size in 2023?

In 2023, the Australia Cybersecurity Market size was estimated at USD 5.99 billion. The report covers the Australia Cybersecurity Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Australia Cybersecurity Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the key drivers of growth in the Australia Cybersecurity Market?

Key drivers in the Australia Cybersecurity Market are a) Include the rising incidence of cyber attacks b) Stringent government policies c) Adoption of IoT and cloud services d) Increasing need for enterprise mobility Read More

Australia Cybersecurity Market Analysis | Industry Trends, Size & Forecast Report

Australia Cybersecurity Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Australia Cybersecurity Market Companies and it is segmented by product (Solutions (Application Security, Cloud Security, Consumer security software, Data Security, Identity Access Management, Infrastructure Protection, Integrated Risk Management, Network Security Equipment), Services (Professional, Managed)), by Deployment (On-Premise, Cloud), by End-User Industry (BFSI, Healthcare, Aerospace and Defense, IT and Telecommunication, Government, Retail, Manufacturing). The market sizes and forecasts are provided in terms of value (in USD million) for all the above segments.

Australia Cybersecurity Industry Overview

The Australian cybersecurity market is moderately competitive and consists of major players. With the rise of phishing attacks and data breaches, public and private organizations have pushed consumers to choose cybersecurity solutions.

In December 2021, McAfee Enterprise and FireEye released new Amazon Web Services (AWS) cloud security capabilities and integration with Amazon Inspector.

In February 2022, Telstra extended its new cyber security products to Australia's federal, state, and local governments. The Cyber Detection and Response capability integrates with government systems and cloud services to monitor cyber threats via big data analytics from Telstra's managed security service platform, while Sovereign SecureEdge helps deliver cloud security, particularly in the context of a distributed workforce.