Global Cybersecurity Market Forecast And Growth Through COVID-19, Competitive Landscape, Segments, Key Regions Overview
It’s that time of the year! Get your discounted market research reports at TBRC today. The global cybersecurity market is expected to grow from $150.06 billion in 2020 to $156.6 billion in 2021 at a compound annual growth rate (CAGR) of 4.4%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $240.59 billion in 2025 at a CAGR of 11%.