DUBLIN, Oct. 2, 2020 /PRNewswire/ — The “Global Cyber Security Supplier Ecosystem” report has been added to ResearchAndMarkets.com’s offering.
The global market for cybersecurity technologies and services was $115.4 billion in 2018 and grew to $128.6 billion in 2019.
In 2020 market growth has been affected by the disruption caused by COVID-19 and the resulting adverse economic conditions. However, a wide range of vendors continue to perform well and despite a slowdown in customer investment, the outlook for the market in 2021 is bright.
Increasing digital automation, remote access and adoption of cloud-based services and infrastructure, combined with the evolving cyber threat, will continue to sustain market demand. Merger & Acquisition activity is expected to remain strong along with the steady emergence of cyber start-ups.
This latest report analyses the trends impacting the current cybersecurity ecosystem and provides guidance to vendors, integrators and investors.
Key industry developments include:
- The number of new cyber start-ups peaked in 2014 though there remains a high number of new entrants delivering solutions based on improved detection and automation….
