Cybersecurity in Packaging - Thematic Research
Summary
Cybersecurity is the body of technologies, processes, and practices designed to protect networks, computers, programs, and electronic data from attack, damage, or unauthorized access.
The global cybersecurity industry will grow from $125.5 billion in 2020 to $198.0 billion in 2025 at a compound annual growth rate (CAGR) of 9.5%, according to GlobalData forecasts.
Manufacturing cybersecurity revenues will increase from $11.3 billion in 2020 to $19 billion in 2025, a CAGR of 10.8% over the period. Spending on cybersecurity software will grow fastest from $4.8 billion to $9.6 billion, a CAGR of 14.5%. It will be followed by hardware sales, which will increase from $2.5 billion to $4.2 billion, at a CAGR of 10.7%. The slowest growth will come from services, where revenues will increase from $3.9 billion to $5.2 billion at a CAGR of 5.5%.
Scope
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
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