United States Market Insights Report
The decentralised provision of cyber security in the US (and global) markets means that demand is large, diverse, and constantly changing. In 2019, the global cyber security market size was valued at US$145 billion, and it is projected to expand at a CAGR of 15.6 per cent to US$270 billion by 2026. The United States will generate much of this demand, both for its domestic market, but also because many global organisations locate cyber security decision-making in the US.
The United States Market Insight Report is the first in a series that AustCyber is producing as part of its global engagement strategy to assist Australian cyber security companies looking to scale and expand into international markets.
This report provides insight into selected priority markets and details areas of growth, opportunities and risks for Australian cyber security product and service exports. It aligns closely with AustCyber’s initiatives and activities, providing clear direction for Australian cyber companies looking to scale.