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by Administrator, on May 6
The Cybersecurity Market Report by Cybersecurity Ventures covers the business of cybersecurity, including market sizing and industry forecasts, emerging trends, hot companies on the Cybersecurity 500 list, investment and IPO activity, and more.
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MARKET SIZING & PROJECTIONS The worldwide cybersecurity market is defined by market sizing estimates that range from $75 billion in 2015 to $170 billion by 2020. Sponsored by the Cybersecurity 500 list of the World’s Hottest Cybersecurity Companies Market research firm Gartner says global spending on IT security is set to increase 4.7 percent in 2015 to $75.4 billion, and the world will spend $101 billion on information security in 2018. The cyber security market is estimated to grow to $170 billion (USD) by 2020, at a Compound Annual Growth Rate (CAGR) of 9.8 percent from 2015 to 2020, according to a report from Markets and Markets. The aerospace, defense, and intelligence vertical continues to be the largest contributor to cybersecurity solutions....

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