How big is the Russia Cybersecurity Market?

The Russia Cybersecurity Market size is expected to reach USD 6.56 billion in 2024 and grow at a CAGR of 8.94% to reach USD 10.07 billion by 2029. Read More

What is the current Russia Cybersecurity Market size?

In 2024, the Russia Cybersecurity Market size is expected to reach USD 6.56 billion. Read More

Who are the key players in Russia Cybersecurity Market?

Kaspersky Lab, FireEye Inc, IBM Corporation, AVG Technologies and Sofline are the major companies operating in the Russia Cybersecurity Market. Read More

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

In 2023, the Russia Cybersecurity Market size was estimated at USD 6.02 billion. The report covers the Russia Cybersecurity Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Russia Cybersecurity Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Russia Cybersecurity Market - Size, Share & Analysis

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

The Russia Cybersecurity Market is segmented by Offering (Security type (Cloud, Data Security, Identity Access Management, Network Security, Consumer Security, Infrastructure Protection), Services), Deployment (Cloud, On-Premise), and End User (BFSI, Healthcare, Manufacturing, Government and Defense, IT and Telecommunication). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

Russia Cybersecurity Industry Overview

The Russian cybersecurity market is moderately consolidated, with a few major companies. The companies continuously invest in strategic partnerships and product developments to gain more market share. Some of the recent developments in the market are:

In March 2022, Royal Philips, a global health technology provider, announced the expansion of its medical device cybersecurity services portfolio at HIMSS22. Philips is introducing Secure Remote Access Management Service, leveraging the broad security capabilities enabled by integrating SecureLink's critical access management and governance technology with Philips Remote Services' secure connectivity framework for technical and clinical support. The services benefit healthcare providers, including increased uptime, clinical performance, and advanced security to help protect access to their clinical solutions and medical devices.

In February 2022, Vice Prime Minister Mykhailo Fedorov said Ukraine launched an "IT army" to fight against Russia's digital intrusions. Ukraine has called its hacker underground to help protect critical infrastructure and conduct cyber spying missions against Russian troops.