IDC Projects 15% Annual Growth in Cybersecurity Market
1 report, 1 independent
Updated Sep 21
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Independent research firm International Data Corporation published findings regarding the cybersecurity sector's market potential. The firm estimates a 15 per cent compound annual growth rate for the sector over the next two years. The report notes that the need for sophisticated security is increasing due to threats from artificial intelligence.
From theglobeandmail.com
Why it matters
The growth is driven by the need to protect corporate data from AI-driven hacking. The market size is considered huge, with the potential for growth to reach 23 per cent afterwards.
From theglobeandmail.com
Who's involved
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The entities involved
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Singapore
sovereign island country and city-state in maritime Southeast Asia
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International Data Corporation
International Data Corporation
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