🛡️ Cybersecurity: Industry Showdown
🛡️ Cybersecurity: Industry Showdown
From endpoint to cloud, exploring the leaders in digital threat protection
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Today at a glance:
We’ll break down the cyber security category as follows:
The state of the market.
The leading players.
How they make money.
Key trends to watch.
Many readers have requested industry breakdowns and comparisons.
So we launched our Industry Showdown series.
We previously covered the following:
My goal is to give you the elevator pitch on a specific category:
Who are the main participants?
How do they make money?
What are the performance indicators to follow?
Here is a sneak peek at the report today:
If data is the new oil and connectivity is a vital artery, cybersecurity stands as the gatekeeper, protecting the lifeblood of our digital universe.
Cybercrimes have surged, from ransomware attacks paralyzing entire cities to data breaches draining billions from corporate coffers. As technology evolves, so does the complexity and frequency of these digital threats.
So, who are cyber guardians converting their products and services into revenue streams? And what future trends are emerging that could redraw the frontlines of this digital war?
If acronyms like IAM, DDoS, DNS, CDN, WAF, and SASE are a complete mystery to you, or even if you're a seasoned tech veteran, we are here to help!
Let’s dive in!
1. The state of the market.
Cybersecurity isn't just a buzzword; it's a booming industry, and the numbers reflect that. According to Fortune Business Insights, the global cybersecurity market is projected to grow at a CAGR (Compound Annual Growth Rate) of 13.8%, from $172 billion in 2023 to $425 billion by 2030.
This expanding market is composed of several key categories, each addressing different aspects of cybersecurity:
Network Security: Network security is the equivalent of a high-tech alarm system for your home. It monitors who's coming in and out and prevents unauthorized access, just like your home alarm system would warn you if someone tries to break into your house.