Cybersecurity Industry - Outlook for this year

February 14, 2023

by a searcher from University of Hertfordshire in Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia

Revenue in the Cybersecurity market is projected to reach US$173.50bn in 2023.
The market's largest segment is Security Services with a projected market volume of US$91.21bn in 2023.
Revenue is expected to show an annual growth rate (CAGR###-###-#### of 10.90%, resulting in a market volume of US$262.40bn by###-###-#### .
The average Spend per Employee in the Cybersecurity market is projected to reach US$8.19k in 2023.
In global comparison, most revenue will be generated in the United States (US$69,650.00m in 2023).

Reply by a searcher
from Embry in Washington, DC, USA

^redacted‌, what source did you gather this data? I would be interested in gathering geographic concentrations of these firms, profitability and the SWOT analysis in the market.

Reply by a searcher
from IESE Business School in Berkeley, CA, USA

Are you looking for a company in the Cybersecurity market? I'm curious to learn if there are specific areas of cybersecurity that you're looking for.

+4 more replies.

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