Amundi Asia Pacific Market Monthly Commentary - August 2020
Friday 22 May 2020
According to Gartner, the market for cybersecurity and Cloud services should expand from USD 135 billion in 2019 to almost USD 200 billion in 2024, which would mean an 8% average annual growth rate.
Its widespread adoption raised its aggregate revenues to USD 99 billion in 2017, and this figure is expected to triple to USD 325 billion by 2022.
As organizations move their workforce outside of physical offices, their threat landscape grows exponentially. They need to rapidly provision fleets of new end points, such as laptops and mobile devices, and spin up new Cloud workloads while ensuring that workload everywhere is protected with real time security even when the user is off-line.
In this scenario, which themes and stocks are the winners?
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