The Driving Forces Behind the Cybersecurity Market Boom

2020 was a pivotal year for cybersecurity as it became a priority for all companies working remotely. Rising cyberattacks ultimately culminated with the Solar Winds ransomware attack, which affected large organizations and government entities. After this widespread incident many companies began to pay more attention to their business’ cybersecurity and implement increased security measures throughout their network. With massive shifts in the cybersecurity landscape, experts are predicting it will be a $208 billion industry by 2025. Venture Inside describes some of the driving elements of this shift including the need for multi-cloud storage and the current data explosion businesses are facing. The integration of DevOps and Security is another driving force of change in the industry along with CISOs having a larger presence in the c-suite. Learn more about the driving factors of the cybersecurity market here.
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