Cyber Security as a Service Market Outlook:
Cyber Security as a Service Market size was over USD 24.94 Billion in 2025 and is projected to reach USD 94.09 Billion by 2035, growing at around 14.2% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of cyber security as a service is evaluated at USD 28.13 Billion.
The growth of the market can be attributed to the increasing instant of massive cyber-attack. According to the FBI, the number of complaints regarding ransomware reported to IC3 increased by 82% between 2019 to 2021, globally.
In addition to these, factors that are believed to fuel the market growth of cyber security as a service include the rise in malware and phishing threats among enterprises which has brought the privacy of the organization under menace. Three attackers broke into Twitter in July 2020 and took control of well-known Twitter accounts. They employed social engineering tactics to steal employee passwords and access the business' internal management systems, which were ultimately labeled as phishing attempts by Twitter (phone phishing). Furthermore, a rise in the adoption of mobile phones is anticipated to boost the market trend.
