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Cisco well positioned to dominate cybersecurity market

Discussion in 'Network World' started by RSS, Aug 22, 2016.

  1. RSS

    RSS New Member Member

    The IT security market is certainly an interesting one, as it’s so big and so fragmented. Forbes posted a story at the end of last year stating the market is at $75 billion, with it expected to reach $170 billion by 2020. Every business and technology leader I talk to tells me how important security is, so I have no reason to doubt that $170 billion number.

    In addition to the overall massive size of the security market, another interesting fact is the huge number of vendors that play in it. I believe the 2016 RSA conference had something like over 600 sponsors, with at least 100 being first-time sponsors. No other IT market has that many vendors with start-ups consistently popping up.

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