Cybersecurity Market and 465 Zettabytes of Digital Content in 2025

Thursday 31 March 2022, Amsterdam

Cybersecurity is of utmost importance today. Individuals and organizations depend on critical infrastructure such as hospitals, power plants, educations, banks and financial services. Securing these and other organizations is essential for the functioning of our society. A successful cybersecurity attack can result in everything from identity theft, to the loss of important data to extortion attempts.

Every year, over 100 billion lines of new software code are created. This introduces a huge number of vulnerabilities that can be exploited. The world’s digital content is expected to grow from 45 zettabytes in 2020 to 465 zettabytes by 2025.

The farthest corners of the Deep Web, known as the Dark Web, are deliberately hidden and used to conceal and promote vicious criminal activity. Some estimates suggest that the size of the deep web (not indexed or inaccessible to search engines) is up to 5,000 times larger than the surface web and is growing at an unquantifiable rate.

Based on rigorous study of the capabilities of cybersecurity solutions and the growing impact this technology has caused in the military and corporate environments, Amsterdam based Market Forecast has just launched their new study “Cybersecurity - Market and Technology Forecast to 2030”. According to Market Forecast the global cybersecurity market will grow to a cumulative US$3.3 trillion between 2022 and 2030.

This study aims to achieve the following objectives:

• Demonstrate the importance of cyber weapons for military operations;
• Focus on key cybersecurity technologies and emerging trends;
• Analyze and forecast the market size of the cybersecurity market in the US and globally

It is in the greater interests of all cybersecurity contractors who export cybersecurity solutions to have as extensive a range of products in as many different markets as possible because markets change and you have to change with them, but having an income stream or two that you can rely on will make things much less stressful.

Source: Market Forecast ( original url )

 back to News