The Cybersecurity Training Market is being driven by Increasing cyber threats and data breaches
The Cybersecurity Training Market is expected to grow at a CAGR of 16.8% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 5897.6 million. The global cybersecurity training market is witnessing an uptick in strategic partnerships and collaborations, which are essential for addressing the dynamic nature of cyber threats and bolstering the security infrastructure of businesses. One such alliance was formed on December 18, 2024, between KnowBe4, a leading cybersecurity platform, and Security Journey. This partnership focuses on promoting secure coding practices in software development globally, addressing the escalating issue of application security. In 2023, a substantial number of data breaches were attributed to application vulnerabilities. This collaboration aims to equip developers with role-specific, hands-on training to identify and mitigate security risks throughout the software development lifecycle.
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The market is segmented based on segments_for_ai.nslist
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
217 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 16.8% |
Market growth 2025-2029 |
USD 5897.6 million |
Market structure |
Fragmented |
YoY growth 2024-2025(%) |
16.4 |
Key countries |
US, Germany, China, UK, India, Canada, France, Japan, Spain, and South Korea |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Cybersecurity Training Market encompasses various offerings including education in emerging technologies, vendor-specific certifications, and training courses. Skills such as secure software development, data security compliance, and incident response are in high demand. Certification programs in areas like cloud security architecture, consulting, and solutions are also popular. Self-paced training, boot camps, and blended learning are delivery methods. Critical infrastructure sectors like energy, healthcare, transportation, hospitality, legal, finance, and small businesses are targets for attacks and require expertise in incident response and best practices. Training materials are essential for students, and campaigns and initiatives promote awareness and knowledge sharing. Training for enterprises and incident response programs are crucial for addressing cybersecurity challenges. Insurance providers offer coverage for data privacy regulations.
The Cybersecurity Training Market is a significant segment of the larger IT Consulting and Other Services Market, which encompasses organizations providing IT consulting, system integration, application services, and business process outsourcing, among others. According to Technavio, the market's growth is attributed to several factors, including increasing government investments in IT infrastructure and the rising number of security risks, such as data breaches, cloud computing security threats, and ransomware attacks. To mitigate these risks, businesses are investing in foundational training for security professionals to ensure they possess the necessary certifications in network security and cloud security. This trend is expected to continue, driving the demand for cybersecurity training services.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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