Cybersecurity’s Big Market Boom Reaches $75B

December 21, 2015

The size of the global cybersecurity market continues to skyrocket — and the latest research from Forbes shows there is no signs of it slowing down anytime soon.

Over the weekend, Forbes released its cybersecurity year in review for 2015, The Business of Cybersecurity: 2015 Market Size, Cyber Crime, Employment, and Industry Statistics, which comprises the latest data on the year’s cybersecurity spending and projections for market growth looking forward to 2020.

According to the latest forecast from Gartner, worldwide spending on cybersecurity in 2015 is expected to reach $75.4 billion, representing a 4.7 percent spike in growth compared to 2014.

Read full story…