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The $134.6 billion cybersecurity market is going to reach double-digit growth in 2021 – here’s the latest from PitchBook on 10 blockbuster startups leading the way

The $134.6 billion cybersecurity market is going to reach double-digit growth in 2021, according to PitchBook. Here are the 10 blockbuster startups leading the way

The $134.6 billion cybersecurity market is going to see explosive growth in 2021, according to PitchBook. Here are the 10 blockbuster startups with the most funding and unicorn valuations 

The $134.6 billion cybersecurity market is going to reach double-digit growth in 2021, PitchBook says in a new report published this week, as billion-dollar startups continue to drive the evolution of an industry adapting to protect an evolving workforce. 

Every segment of cybersecurity has grown by at least 5% this year, PitchBook says, and the overall industry will climb to double-digit growth next year and a market size of $179.3 billion by 2023. PitchBook analyst Brendan Burke says the industry will accelerate to new heights in part thanks to the need to protect a hybrid workforce.

“What’s going to change in 2021 is that security departments will be able to get out of a short-term and reactionary mindset towards remote work and deploy some …read more

Source:: Businessinsider – Technology

      

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