Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 4.43 Billion | USD 18.91 Billion | 17.5% | 2023 |
The global cybersecurity training services market size was worth around USD 4.43 billion in 2023 and is predicted to grow to around USD 18.91 billion by 2032, with a compound annual growth rate (CAGR) of roughly 17.5% between 2024 and 2032.
Cybersecurity training services are training programs that are designed to give companies, organizations, and people knowledge regarding network security, systems, and digital assets against cyberattacks. To provide information like detecting and reducing cyber threats, data security, and cybersecurity standards, and seek to improve the cybersecurity knowledge and awareness of workers, IT specialists, and other stakeholders.
To ensure that staff members at all levels can successfully avoid, identify, and respond to security problems, cybersecurity training services are essential for developing a proactive defense against increasingly complex cyberattacks. Online courses, workshops, in-person instruction, and certificates are common ways that these services are provided.
Growing cyberthreats and remote work trend drives market growth
The emergence of notable cyberattack occurrences and the rise in remote work are the main reasons behind the enormous demand for cyber security online training across the global market. This terrible event is encouraged by high-profile cyber security incidents and an increase in remote work arrangements. Implementing strict cyber security measures is becoming more and more important as firms are exposed to more and more cyberattacks.
Consequently, specialist programs that assist in training and imparting the knowledge and skills required to ensure security against cyber threats to the community are widely in use. As the digital environment changes, the importance of cybersecurity education increases. This is because employees and businesses need to be prepared to handle dangers when connecting remotely through a global digital community.
High costs and a shortage of skilled instructors hinder market growth
Expensive cybersecurity training services are offered, particularly those that need sophisticated technical skills and certifications. Investing in comprehensive cybersecurity education programs can be challenging for most small and medium-sized organizations (SMEs) due to the exorbitant expense of training substantial segments of their personnel.
Furthermore, there is a worldwide shortage of trained educators and trainers in the cybersecurity field. Particularly in specialist fields like cloud security, IoT, or ethical hacking, there is frequently a shortage of qualified professionals who can provide efficient, current, and pertinent cybersecurity training. This may make it more difficult for providers of training to keep up with demand.
Growing product launches offer a lucrative opportunity for market growth
The growing product launch is expected to offer a lucrative opportunity for the growth of the cybersecurity training services market during the forecast period. In May 2023, the NCSC announced the release of two new e-learning courses designed to assist risk owners, procurement specialists, and cyber security experts in efficiently managing risks throughout their supply chains. The packages are intended to go along with the NCSC's current recommendations on Supply Chain Mapping and Increasing confidence in Supply Chain Cybersecurity.
Similarly, in June 2024, Kaspersky expanded its offering of Expert Training with a new cybersecurity course on digital forensics. With the assistance of skilled Kaspersky experts, information security professionals can now become proficient in the identification, processing, and analysis of digital evidence.
Limited customization in training programs poses a major challenge to market expansion
Many cybersecurity training courses are generic and don't take into account the unique requirements and difficulties faced by various businesses or industries. This one-size-fits-all strategy may not adequately address a company—or sector-specific risk, which would limit the training's relevance and impact and discourage prospective clients.
The global cybersecurity training services industry is segmented based on type, delivery method, training content, certification, target audience, industry vertical, and region.
Based on the type, the global cybersecurity training services market is segmented into online training, classroom training, and bootcamps. The online training segment is expected to hold the largest market share over the forecast period. Professionals who give practical knowledge, simulated training, and hands-on experience in security situations are more in need of advanced training and certification programs due to the sharp rise in cyberattacks and security breaches.
Additionally, because it provides a flexible and affordable means of upskilling and filling up the gaps in cybersecurity experience, the global scarcity of cybersecurity professionals is also positively affecting the market.
Based on the delivery method, the global cybersecurity training services industry is bifurcated into self-pace training, instructor-led training, and blended training. The self-pace training segment is expected to capture the largest market share over the projected period.
To accommodate learners' various demands and schedules, self-paced training has become a prominent trend in the cybersecurity training industry. These courses provide adaptable learning modules that address a variety of cybersecurity subjects, including risk management, threat analysis, network security, and encryption methods. Students can work through the content at their own pace, using online forums, interactive exercises, and video lessons as resources for help and clarity.
Based on the training content, the global cybersecurity training services market is bifurcated into foundational cybersecurity, technical skill training, compliance training, emerging technologies training, cybersecurity leadership, and others.
Based on the certification, the global cybersecurity training services industry is bifurcated into vendor-specific certifications, and industry-standard certifications.
Based on the target audience, the global cybersecurity training services market is bifurcated into enterprises and individuals.
Based on the industry vertical, the global cybersecurity training services industry is bifurcated into BFSI, IT & telecom, healthcare, government/defense, manufacturing, energy, and others.
Report Attributes | Report Details |
---|---|
Report Name | Cybersecurity Training Services Market |
Market Size in 2023 | USD 4.43 Billion |
Market Forecast in 2032 | USD 18.91 Billion |
Growth Rate | CAGR of 17.5% |
Number of Pages | 220 |
Key Companies Covered | Fortinet, CanIPhish, Cofense, Digital Defense Incorporated (DDI), Google LLC, Infosec IQ, Inspired eLearning, KnowBe4, Kaspersky, NINJIO, PhishingBox, Thoma Bravo (Proofpoint), SANS Institute, TitanHQ (SafeTitan), Webroot, and others. |
Segments Covered | By Type, By Delivery Method, By Training Content, By Certification, By Target Audience, By Industry Vertical, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America dominates the market over the projected period
North America is expected to lead the global cybersecurity training services market growth during the forecast period. Cybersecurity jobs in North America are in high demand due to the growing sophistication of cyberattacks and the developing cyber threat scenario. As a result, companies are willing to invest in employee training since they understand the need for expertise and a knowledgeable workforce in the cybersecurity industry.
However, the European market is growing substantially over the projected period. The primary reasons propelling the market expansion are the increasing investments in artificial intelligence (AI) and digital technologies, the growing awareness of cyber security, and the expanding investments made by enterprises and government agencies in cyber security projects.
The global cybersecurity training services market is dominated by players like:
By Type
By Delivery Method
By Training Content
By Certification
By Target Audience
By Industry Vertical
FrequentlyAsked Questions
Cybersecurity training services are training programs that are designed to give companies, organizations, and people knowledge regarding network security, systems, and digital assets against cyberattacks. To provide information like detecting and reducing cyber threats, data security, and cybersecurity standards, also seek to improve the cybersecurity knowledge and awareness of workers, IT specialists, and other stakeholders. To ensure that staff members at all levels can successfully avoid, identify, and respond to security problems, cybersecurity training services are essential for developing a proactive defense against increasingly complex cyberattacks. Online courses, workshops, in-person instruction, and certificates are common ways that these services are provided.
The cybersecurity training services industry is being driven by several factors which include growing cyber threats across the globe, regulatory compliance and data protection laws, remote and hybrid work trends, rising adoption of cloud computing and IoT and many others.
According to the report, the global cybersecurity training services market size was worth around USD 4.43 billion in 2023 and is predicted to grow to around USD 18.91 billion by 2032.
The global cybersecurity training services market is expected to grow at a CAGR of 17.5% during the forecast period.
The global cybersecurity training services market growth is expected to be driven by North America. It is currently the world’s highest revenue-generating market due to the presence of the major players.
The global cybersecurity training services market is dominated by players like Fortinet, CanIPhish, Cofense, Digital Defense Incorporated (DDI), Google LLC, Infosec IQ, Inspired eLearning, KnowBe4, Kaspersky, NINJIO, PhishingBox, Thoma Bravo (Proofpoint), SANS Institute, TitanHQ (SafeTitan) and Webroot among others.
The cybersecurity training services market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.
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