Global Cybersecurity Spending To Exceed $450 Billion Annually By 2025

In 2004, the global cybersecurity market was worth around $3.5 billion USD, and now it’s one of the largest and fastest-growing sectors in the information economy.

The imperative to protect increasingly digitized businesses, Internet of Things (IoT) devices, and consumers from cybercrime will propel global spending on cybersecurity products and services to $1.75 trillion USD cumulatively for the five-year period from 2021 to 2025, according to Cybersecurity Ventures.

The imperative to protect mission-critical digital investments will help drive double-digital annual …

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