Cyber Security Market Forecast & Industry Insight

Описание: In this video, GlobalData discusses the future of the cyber security industry with market forecast, as well as looking at some recent mergers and acquisitions of some of the big tech players, like Microsoft, and Google. The companies, most likely to dominate this field are also predicted with insight from GlobalData's Thematic Scorecards.


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Today’s always-connected world
offers a myriad of opportunities for hackers to disrupt countries, organizations, and individuals.

In 2020, malware and ransomware attacks increased by 358% and 435% respectively.

GlobalData forecasts the global cybersecurity industry will grow
from $125.5 billion in 2020 to
$198.0 billion in 2025.

This represents a compound
annual growth rate (CAGR)
of 9.5%.

In 2021, enterprises invested
more in cybersecurity and cloud
architecture due to employees
working remotely during
the pandemic.

Mergers and acquisitions involving cybersecurity companies totaled over 40 a month towards the
end of 2021.

High profile acquisitions included Google's acquisition of Mandiant
for $5.4 billion.

Also, Microsoft acquired digital threat management company RiskIQ for $500 million.

The zero-trust security model
eliminates the concept of
trust from an organization’s
network architecture.

This is emerging as a long-term solution for organizations. Only authorized individuals can access
selected applications.

GlobalData's thematic scorecard
for enterprise security shows
Microsoft, Fortinet, IBM, Orange,
and Crowdstrike are among the
leaders in this sector.