Cyber Security Market in 2011 Was Worth $63.7 Billion
Cyber Security market in 2011 was worth $63.7 billion, and is expected to grow to about $120.1 billion by 2017. It is expected to have a healthy CAGR of 11.3% from 2012 to 2017. North America, Western Europe, and APAC regions are emerging market, whereas Latin America, Middle East & Africa, and Eastern Europe regions are considered as high growth markets. In 2011, North America accounted for about 40.1% of the global revenue, and is expected to grow at a CAGR of 9.2% from 2012 to 2017. Western Europe and APAC are estimated to contribute $28.1 billion and $25.9 billion, respectively, by 2017; at a CAGR of 10.1% and 13.4%, from 2012 to 2017.
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