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Digital

Technology

The cybersecurity market - United States

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Study Overview

Cybersecurity concerns the defensive and offensive usage of information systems that irrigate our modern organizations. It takes into account both the technical means used for data exchange as well as the content (information that circulates, information that is stored etc.). Cybersecurity is one of the most important "SMACS" which includes social networks, data analysis, cloud computing and cybersecurity. Violations in Cybersecurity are numerous and concern phishing, ransom software, infection with spyware, destruction or alteration of information, hacking of information, data theft, blocking or slowing down a site, hacking of personal data or even power and air conditioning failure in a computer room. The need for Cybersecurity is likely to increase globally; studies indicate that the impact of cyberattacks could reach $6 trillion by 2021. The market in the US will experience similar growth in the wake of larger threats from other nations, but also from companies eager to protect their IT from malware attacks. Players offering cybersecurity solutions include IBM, Microsoft, FireEye, Lockheed Martin, and Cisco.