Security analytics to reach $12 billion by 2024
Amid a maelstrom of cybersecurity threats and rampant hacking attempts that leverage the power of the IoT against itself, organizations are forced to realize that they are on the losing side of this war. As such, market vendors have no choice but to enhance their cybersecurity arsenal with more sophisticated tools which allow a deeper…
Global information security spending to exceed $124 billion in 2019
Worldwide spending on information security products and services will reach more than $114 billion in 2018, an increase of 12.4 percent from last year, according to the latest forecast from Gartner. In 2019, the market is forecast to grow 8.7 percent to $124 billion. “Security leaders are striving to help their organizations securely use technology…
AI services market to reach $188 billion worldwide by 2025
Artificial intelligence (AI) has worked its way into a variety of industries, from the obvious (autonomous vehicles) to the hidden (anti-money laundering due diligence). But according to a new report from Tractica, while organizations are clearly recognizing the value associated with incorporating AI into their business processes, they are also encountering a number of challenges with…
Cognitive systems and artificial intelligence revenues to reach $47 billion in 2020
Widespread adoption of cognitive systems and artificial intelligence (AI) across a broad range of industries will drive worldwide revenues from nearly $8 billion in 2016 to more than $47 billion in 2020. According to IDC, the market for cognitive/AI solutions will experience a CAGR of 55.1% over the 2016-2020 forecast period. “Software developers and end…
Cybersecurity Industry Outlook: 2017 to 2021
In 2004, the global cybersecurity market was worth $3.5 billion — and by 2017 it will be worth at least 35X that amount, according to numerous estimates from market researchers and analysts. Cybersecurity is one of the fastest growing and largest technology sectors. Four predictions from Cybersecurity Ventures frame the cybersecurity economy over the next…
How To Become A Cybersecurity Entrepreneur In A Crowded Market
If you want to build the next great cybersecurity startup, use your expertise, then follow these three simple suggestions. Declines in venture funding often paralyze the technology community. Talk of bubbles, dying unicorns, and austerity can surge for weeks following a negative report. In response, many entrepreneurs hit pause on their dreams, believing they should…