Market Reports
Q3 2018
Cyber Security Industry Trends
The global cyber security market was estimated to be worth over $120 billion as of 2017. The market grew by approximately 35 times since 2004 and is projected to grow at 9%-10% year-over-year through 2021. Growth is projected to be driven by rises in cybercrime, vulnerability of IT and communication networks, specifically billions of Internet of Things (IoT) devices, and ransomware threats.
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