How has COVID-19 changed our lives? #2 - Cybersecurity

Friday 22 May 2020

Chapter 2: CYBERSECURITY

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.

This Cloud is one of the world’s fastest-growing tech segments and is also at the heart of many companies’ technological transformation.

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?

Click below to read the full document. 

THE CLOUD’S SHARE of security budgets is expected to rise from 28% in 2019 to +38 % on average in 2020


Document

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