Australia Cyber Security Market to Reach $9.7 billion by 2035

Australia cyber security market was valued at $3.4 billion in 2025 and is projected to reach $9.7 billion by 2035, growing at a CAGR of 13.9% during the forecast period (2026–2035). The primary factor supporting growth in the Australia cyber security market is the sustained rise in cybercrime incidents, ransomware activity, data breaches, and attacks targeting critical infrastructure. As threat frequency increases, organisations across banking, healthcare, utilities, education, and transport are raising investment in preventive and response-oriented security systems. According to the Australian Signals Directorate’s Annual Cyber Threat Report 2024–25, the Australian Cyber Security Centre received more than 84,700 cybercrime reports, equivalent to one report every six minutes. During the same period, the agency responded to over 1,200 cyber security incidents, representing an 11% increase from the prior year. In addition, more than 42,500 calls were received through the Cyber Security Hotline, reflecting a 16% annual increase. These figures indicate a broadening threat environment and a growing requirement for enterprise-grade security infrastructure.

Browse the full report description of “Australia Cyber Security Market Size, Share & Trends Analysis Report by Security Offering (Solutions and Services), by Deployment Model (On-Premise, Cloud-Based, and Hybrid), by Security Type (Network Security, Endpoint Security, Cloud Security, Application Security, Identity & Access Management, Data Security & Encryption, SIEM, and Others), by End-Users (BFSI, Government & Defense, Healthcare, IT & Telecom, Retail & E-commerce, Manufacturing, Energy & Utilities, Education, and Others) Forecast Period, (2026-2035)” at https://www.omrglobal.com/industry-reports/australia-cyber-security-market

This operating environment is accelerating procurement of endpoint protection, managed detection and response, network security, identity governance, cloud workload security, and security analytics platforms. Government-led cyber readiness programs are further reinforcing long-term demand across public institutions and regulated industries. The Commonwealth Cyber Security Posture in 2025 reported that 82% of Australian government entities had a formal cyber security strategy, up from 75% in 2024, while 90% maintained an incident response plan and 87% provided annual cyber security training to employees. These metrics demonstrate that cyber resilience has become an institutional priority rather than a discretionary IT initiative. As public and private sector entities continue to modernise digital environments, recurring expenditure on cyber security software, services, and monitoring solutions is expected to remain a core contributor to market expansion over the forecast period.

Innovation Leaders Transforming the Australia Cyber Security Market

The key players in the Australia cyber security market include Palo Alto Networks, CrowdStrike, Fortinet, Cisco Systems, Okta., among others. These companies are advancing innovation in cyber security solutions through the development of AI-driven threat detection platforms, zero trust architectures, cloud-native security systems, and automated incident response capabilities, enabling stronger protection of enterprise networks, critical data, and digital infrastructure while supporting rising demand for resilient, compliant, and secure operating environments across Australia.

• In April 2026, Orro launched a Continuous Threat Exposure Management service for Australian organisations, aimed at improving vulnerability management. The managed service is designed to help security teams identify which exposures need urgent attention by weighing risk and threat information instead of relying solely on vulnerability scores. It uses an artificial intelligence-based platform to combine data from more than 100 security tools and apply business context to that information.
• In February 2026, Cowbell announced its official launch in the Australian market, introducing Prime One, a standalone cyber insurance programme designed for small and medium-sized enterprises (SMEs) with up to A$100 million in annual turnover.

Market Coverage

• The market number available for – 2025-2035
• Base year- 2025
• Forecast period- 2026-2035
• Segment Covered-
  • By Type
  • By Deployment Model
  • By End-User
• Competitive Landscape - Palo Alto Networks, CrowdStrike, Fortinet, Cisco Systems, Okta., among others.

Key questions addressed by the report.

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

Australia Cyber Security Market Report Segment

By Type

• Network Security
• Endpoint Security
• Cloud Security
• Application Security
• Identity & Access Management (IAM)
• Data Security / Encryption
• Security Information & Event Management (SIEM)
• Vulnerability Management
• Email Security
• Web Security
• others

By Deployment Model

• On-Premise
• Cloud-Based
• Hybrid

By End-User

• BFSI
• Government & Defense
• Healthcare
• IT & Telecom
• Retail & E-commerce
• Energy & Utilities
• Manufacturing
• Education
• Transportation & Logistics
• Mining & Resources
• Media & Entertainment
• Others

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