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A Surge of M&A in the Global Cybersecurity Market
With the rise of high-profile cybercrimes and targeted attacks worldwide, the global cybersecurity market has seen robust growth across all sectors. Cybersecurity Ventures predicts that global cybersecurity spending will exceed $1 trillion cumulatively over the next five years, translating into higher growth for the IT products and services market — a segment that Gartner projects will grow at a rate of 7 percent to reach $86.4 billion by this year and $108 billion by 2020.
Taking this rapid growth into consideration, martinwolf President Marty Wolf looks at how large IT enterprises and pure-play vendors are strategically utilizing M&A in his latest article on LinkedIn. In addition to examining how IT powerhouses like Microsoft and Cisco have been ramping up their acquisitions, Marty sees how the industry is generating opportunity for its expansive partner network.
However, the cloud, Internet of Things (IoT) and Industrial Control Systems (ICS) markets are sketching out an increasingly competitive landscape — and consumer demand for sophisticated solutions, including faster deployment and integration, is only increasing across all levels. Marty looks at how successful companies are able to address these challenges, maintaining the importance of partners’ ability to attain scale or broaden their portfolio.
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