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Colombia Cyber Security Market to Actuate with High Stakes During 2023-2028 Owing to Rising Data Loss Threat and Cyber Attacks

El informe del estudio de mercado de Informes de Expertos titulado, ‘El Mercado de la Ciberseguridad en Colombia, Informe y Pronóstico 2023-2028′, ofrece una visión estructurada del mercado, examinando sus diversos segmentos y variables clave como componente, despliegue, tipo de seguridad, tamaño de la organización, uso final y las regiones. La investigación recoge un sólido pronóstico de la presencia de factores clave de éxito y limitaciones, sigue a los proveedores bien establecidos y las últimas tendencias de la industria que impactan en el objetivo de crecimiento del mercado global. También evalúa la dinámica del mercado y la relación entre la demanda de los consumidores y el precio del producto, junto con la auditoría de los modelos FODA y de las cinco fuerzas de Porter.

The market study report by Informes de Expertos titled, ‘Colombia Cyber Security Market 2023-2028’ , gives structured insights into the market, examining its diverse segments and key variables such as component, deployment, type of security, size of organisation, end use, and key regions. The research gathers robust forecasting of the presence of key success factors and constraints, tracks well-established vendors, and the latest trends in the industry that impact the growth goal of the overall market. It also assesses the market dynamics, and the relationship between consumer demand and product price, coupled with the audit of SWOT and Porter’s Five Forces models.

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Los aspectos más destacados del informe incluyen:

Visión general del mercado (2018-2028)

• CAGR para el período de pronóstico (2023-2028): 14,70%

Las estadísticas de crecimiento del mercado de seguridad cibernética muestran la impredecible y creciente participación de los principales actores en la región objetivo. El aumento de la economía y el sector de TI de las naciones desarrolladas en Colombia y las iniciativas gubernamentales para la transformación digital están cambiando el enfoque en las principales empresas de seguridad cibernética. Además, factores como la digitalización, la innovación de nuevas tecnologías, la integración de la computación en la nube y el cambio híbrido de las unidades de negocio están anticipando el crecimiento del mercado durante el período de pronóstico. En adición, los sólidos esfuerzos de los actores regionales, junto con la necesidad de adoptar tecnologías avanzadas como IoT, AI, PLN en los sectores de BFSI, TI y telecomunicaciones y gubernamental, están allanando el camino para el mercado de la ciberseguridad hacia vías positivas y mejoradas.

Aparte de todos estos factores mencionados anteriormente, el segmento basado en la nube en el mercado objetivo de la región de América Latina está creciendo con el efecto de un amplio despliegue de soluciones y servicios de seguridad cibernética en las grandes empresas para la seguridad y prevención de datos, y además se estima que proporcionará abundantes oportunidades a los participantes potenciales en el mercado. Todas estas tendencias y dinámicas de mercado están cambiando las perspectivas del mercado de la seguridad cibernética en la región de colombiana, junto con las mayores tasas de producción registradas para un crecimiento saludable.

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Industry Definition and Major Segments

Cybersecurity is the process of preventing spammers and hackers from disrupting, destroying, or attacking sensitive data networks and IT systems. IT workers implement anti-virus or anti-malware software into systems to avoid potential threats in order to safeguard the network, the cloud, or components of the internet of things (IoT).

Based on component, the market is segmented into:

• Solution
• Services

Solutions are divided into threat intelligence, encryption, data loss prevention, unified threat management, firewall, antivirus/antimalware, intrusion detection systems/intrusion prevention systems, disaster recovery, distributed denial of service mitigation, and web filtering and others.

The services are further subdivided into professional services and managed security services.

The market on the basis of deployment can be bifurcated into:

• Cloud
• On-Premises

On the basis of security type, the Colombia cybersecurity market is divided into:

• Cloud Security
• Application Security
• Endpoint Security
• Data Security
• Network Security
• Infrastructure Protection
• Others

By organisation size, the market can be segmented into:

• Large Enterprises
• Small and Medium Enterprises
• Others

Based on end use, the market is segmented into:

• BFSI
• Government and Defence
• Energy and Utilities
• Healthcare
• IT and Telecom
• Manufacturing
• Retail
• Others

Market Trends

The size of the cybersecurity market in Colombia reached a value of USD 243.86 million in 2022. Furthermore, during the forecast period of 2023-2028, the target market is anticipated to strengthen at a sturdy CAGR driven by the digital transformation of industrial segments for privacy and data protection. In addition, high hazard exists to critical and sensitive information stored on the cloud of BFSI, IT & communications, healthcare, and other industries are increasing the adoption of hybrid cloud-based workspaces with enhanced cybersecurity and cyber protection tools. Due to the growing demand for information technology security, network security, data security, and endpoint security, this digital flip has resulted in market expansion.

Also, key players such as Cisco Systems Inc., CyberArk Software Ltd., and IBM Corporation are innovating ways to protect the company’s data through integrating high-end technology networks and offering best-in-class IT services. Additionally, the widespread use of artificial intelligence (AI), machine learning, and the internet of things (IoT) is identifying the hazy risks posed by cyberattacks. Due to the prevalence of these cybercrimes, Colombia has to develop cybersecurity solutions, which will help the target market growth throughout the forecast period.

Key Market Players

The major players in the market are:

• Accenture plc
• Cisco Systems Inc.
• CyberArk Software Ltd.
• Claro Enterprise Solutions, LLC
• DigiSOC
• Dell Technologies Inc.
• Sonda S.A.
• IBM Corporation
• Fortinet Inc
• Others

This report covers their profiles and provides information on expansions, investments and mergers and acquisitions, among other latest industry developments.

About Us:

Informes de Expertos, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

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Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally. At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.