Cybersecurity Market Opportunity Expected to Reach $2 Trillion
jeayalam.substack.com
A new survey by McKinsey & Company reveals that the global cybersecurity market opportunity is expected to reach $2 trillion. This represents a significant increase from the $1 trillion market size in 2020. The survey, which polled 500 cybersecurity buyers and interviewed 50 market-leading vendors, found that spending on cybersecurity products and services is set to rise 13% annually up to 2025. This is significantly faster than the 10% growth rate seen over the past three to five years.
Cybersecurity Market Opportunity Expected to Reach $2 Trillion
Cybersecurity Market Opportunity Expected to…
Cybersecurity Market Opportunity Expected to Reach $2 Trillion
A new survey by McKinsey & Company reveals that the global cybersecurity market opportunity is expected to reach $2 trillion. This represents a significant increase from the $1 trillion market size in 2020. The survey, which polled 500 cybersecurity buyers and interviewed 50 market-leading vendors, found that spending on cybersecurity products and services is set to rise 13% annually up to 2025. This is significantly faster than the 10% growth rate seen over the past three to five years.