Current Cybersecurity Market Strong: What’s Driving It?

| June 24, 2019

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Cybersecurity is a big business and it’s going to get bigger. Individual users, small business owners, and IT professionals at international corporations know that threats occur every day. Staying ahead of those threats is the only way to protect proprietary data, network integrity, and network functionality. But when is enough security enough? As the past confirms and the future indicates, there is always the need to upgrade, replace, or add to online security measures. That need ensures that the cybersecurity market will be around for as long as the Internet exists. To understand why that’s so and what’s driving the market, it helps to start with where we are now. What Is the Current State of the Market? Cybersecurity covers a lot of ground. It involves everything from website design, authentication processes, protection from malware and ransomware, data breaches, and even physical tampering with servers and network-connected devices. With that in mind, the fact that the current (as of the end of 2018) global market size is estimated to be around $100 million USD should come as no surprise.

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