About Education Cyber Security
The Australian education cybersecurity market is expected to grow at a healthy pace during the forecast period, according to the AMA study. The rising demand for precautions from the cybersecurity attacks such as DDoS attacks, data theft, financial gain, Espionage, and the growing demand for tracking of threats such as data leaks are expected to be some of the major factors aiding the growth of the market. However, the market is expected to witness a decline in growth during FY 2020 but it is again expected to rise at a healthy pace after the COVID-19 pandemic is over.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The vendors in this market are majorly focusing on developing innovative solutions in order to cater to the market's demands to remain competitive in the market. According to the recent global industry crisis due to the outbreak of COVID-19 is expected to be one of the major challenges for the vendors of this market as the production and markets of different industries have been shut down for an ambiguous period of time. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Education Cyber Security market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
F5 Networks, Inc. (United States), Broadcom, Inc. (United States), Check Point Software Technologies (Israel), Cisco Systems, Inc (United States), Fortinet, Inc. (United States), IBM (United States), Microsoft (United States), Palo Alto Networks Inc. (United States), Proofpoint Inc. (United States), Sophos Ltd. (United Kingdom) and Zscaler, Inc. (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Education Cyber Security market by , Application (Network Security, Cloud Application Security, End-Point Security, Secure Web Gateway, Internet Security and Others) and Region.
On the basis of geography, the market of Education Cyber Security has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Users, the sub-segment i.e. Private Educational Institutions will boost the Education Cyber Security market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Enterprise Size, the sub-segment i.e. SMEs will boost the Education Cyber Security market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Service, the sub-segment i.e. Managed will boost the Education Cyber Security market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Internet & Cloud-based Platform Penetration Across the Educational Sector in Australia
Market Growth Drivers:
The Rising Demand for Boosting the Cyber Security Capabilities of Australian Universities and Need for Data Leak Tracking Across the Education Sector in Australia
Challenges:
Lack of Budget or Resources for Cybersecurity in Education Across Different Institutions
Restraints:
High Cost of Services
Opportunities:
Rising Penetration of Virtual Classrooms Across Australia is Expected to Generate Huge Opportunities for Market Vendors During the Forecast Period and Increasing Number of Cyber Attacks Across the Educational Institutions Across Australia
Market Leaders and their expansionary development strategies
In December 2023, SecureLearning acquired ThreatX Security, combining SecureLearning's educational cybersecurity platform with ThreatX's phishing simulation and awareness training solutions. This strengthens their offerings for K-12 and higher education institutions.
In October 2023, CyberArk partnered with NASSP (National Association of Secondary School Principals) to develop a cybersecurity curriculum framework for high schools. This framework will guide schools in integrating cybersecurity into existing courses.
Stringent Government Regulations Regarding Shutting Down of Operations Across Different Industries Worldwide Due to the COVID-19 Pandemic is Impacting the Demand for Educational Cyber Security Services
Analyst View
Since the COVID-19 virus outbreak in December 2019, the disease has spread to more than 200 countries across the world along with the World Health Organization declaring it a public health emergency. The impact of the COVID-19 has already hit many industries and will affect the Australian education cyber security market in FY 2020. The outbreak of COVID-19 has brought effects on many aspects, like shutting down of educational institutions; scheduled public transportation cancellations; downfall in the real estate sector; travel bans and quarantines; closed operations across hotels & restaurants; banning of public gatherings & events; large slow-down in the supply chain of different markets; stock market unpredictability; declining business assurance, and uncertainty in the future market dynamics.
Key Target Audience
Service Provider, New Entrance, Potential Investors and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.