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The global cybersecurity market is currently worth 173b in 2020 growing to 270b by 2026.
Cyber security services market. Cybersecurity ventures predicts global spending on cybersecurity products and services will exceed 1 trillion cumulatively over the five year period from 2017 to 2021. Cyber security market growth is driven by the rising adoption of e commerce online platforms and the emergence of disruptive technologies such as artificial intelligence ai internet of things iot blockchain and others for instance in december 2019 palo alto networks inc. By 2026 77 of cybersecurity spending will be for externally managed security services. 9 cybersecurity market analysis by security type 9 1 introduction 9 2 network security 9 3 endpoint security 9 4 application security 9 5 cloud security 9 6 others other security types include content security ics security database security and web security 10 cybersecurity market analysis by deployment 10 1.
Cyber security of security services industry in its database which provides an expert and in depth analysis of key business trends and future market development prospects key drivers and. The cybersecurity market grew by roughly 35x over 13 years entering our most recent prediction cycle. 8 3 managed security services. 87 of the listed.
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