Cyber Security Market to Reach USD 68.34 Billion in 2013, Expects Visiongain11 Jun 2013 • by Natalie Aster
The global market for cyber solutions has been a topic of increasing interest in a variety of industries and public sector organisations for several years and for a number of reasons. The first of these is the indisputable rise of cyber crime, malware attack, information theft and hacking which has accompanied the expansion of the internet. Threat of attack via cyberspace has in recent years become a real concern not only of public organisations guarding state secrets, but also of commercial entities seeking to remain profitable.
According to the report “Global 20 Leading Cyber Security Companies 2013: Competitive Landscape Analysis” by Visiongain, whether the threat is from loss of valuable data, disruption to financial services, release of intellectual property, the shutting down of critical national infrastructure or simply the reputational damage of being known to have been compromised, the possibility of cyber attack represents both a danger to national security and a potential source of major losses.
Global 20 Leading Cyber Security Companies 2013: Competitive Landscape Analysis
Published: April, 2013
Price: US$ 2,738.00
The stakes are high; Visiongain has assessed the cyber security market will reach $68.34bn in 2013. As global defence budgets diminish, defence contractors are increasingly taking an interest in the growing area of cyber security through acquisitions and organic growth, which is posing a challenge to incumbent IT security providers.
More information can be found in the report “Global 20 Leading Cyber Security Companies 2013: Competitive Landscape Analysis” by Visiongain.
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