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Perspectives on the Cybersecurity Startup Market

Posted: May 27th, 2016

By Jason Syversen

Jason is the CEO of Siege Technologies. Siege Technologies is a cyber-warfare technology company focused on developing next generation solutions to offensive and defensive challenges. Previously Jason was a program manager at the Defense Advanced Research Projects Agency (DARPA) and held various research & leadership positions. In addition to Siege, Jason serves on various investment and research boards and invests in early stage technology companies. Twitter | Blog

The cybersecurity startup market has been hot. On fire is probably more accurate. The graph above shows how investment has been ramping up over the last seven years.

Spending on cybersecurity in 2015 exceeded $75 billion according to Gartner. The market is over $100 billion (according to Market and Markets) and will grow to $170 billion (USD) by 2020, at a Compound Annual Growth Rate (CAGR) of 9.8 percent from 2015 to 2020. The cybersecurity insurance market is expecting significant growth and should reach $7.5 billion in annual sales by 2020, up from $2.5 billion this year.

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Categorized as:Tech/CyberTagged with:

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