Cyber security market soon worth more than $76 billion, says visiongain

UK market research firm, visiongain, has determined in a recently-released 358-page report that the value of the global cyber security market in 2014 will reach $76.68 billion.

“Cyber attacks continue to dominate the headlines, and with good reason. While the threat of cyber security is often exaggerated, there is no doubt that the enhanced networking of society has created substantial vulnerabilities lurking within its interconnected pathways,” says a news release issued by visiongain on February 4. “With attackers able to strike from anywhere and inflict damage on a significant (but often unnoticed) scale, the threat has never been greater to the reams of knowledge held by governments and enterprise. There is also the threat to military information sharing networks representing a significant challenge: in an era of increased integration between systems and platforms, the very webs which act as force multipliers could collapse.”

The report from visiongain is a fresh market assessment of the cyber security sector based upon the latest information. The report contains completely new company interviews, updated forecasts, original analysis, expanded company profiles and, most crucially, fresh conclusions.

The firm’s 2014 report also includes substantially improved granularity, with each national market forecast subdivided into four independent market sectors, while the “rest of the world coverage” has been expanded on in order to provide the reader with ever greater information about future developments.

The report provides 269 tables, charts and graphs.