Palo Alto, CrowdStrike, Zscaler 'Will Only Get Bigger' Says Expert: Cybersecurity Market Projected To Hit $2 Trillion By 2030
Portfolio Pulse from Surbhi Jain
The cybersecurity market is projected to hit $2 trillion by 2030, driven by increasing threats and consolidation. Google's $23 billion acquisition of Wiz marks the start of a major consolidation wave, with major players like Palo Alto Networks, CrowdStrike, ZScaler, Cloudflare, and Fortinet expected to grow significantly.
July 19, 2024 | 6:31 pm
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POSITIVE IMPACT
CrowdStrike is poised for growth amid the cybersecurity market's consolidation, driven by increasing threats and the need for robust security solutions.
CrowdStrike is expected to benefit from the consolidation in the cybersecurity market, driven by the increasing need for robust security solutions.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 80
POSITIVE IMPACT
Fortinet is poised for growth amid the cybersecurity market's consolidation, driven by increasing threats and the need for robust security solutions.
Fortinet is expected to benefit from the consolidation in the cybersecurity market, driven by the increasing need for robust security solutions.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 80
POSITIVE IMPACT
Google's $23 billion acquisition of Wiz is expected to trigger a wave of consolidation in the cybersecurity market, enhancing its capabilities and market position.
Google's acquisition of Wiz is a significant move in the cybersecurity market, likely to enhance its capabilities and trigger further consolidation, benefiting its market position.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Cloudflare is expected to benefit from the consolidation wave in the cybersecurity market, driven by increasing threats and demand for comprehensive security solutions.
Cloudflare is likely to see growth as the cybersecurity market consolidates, driven by the increasing need for comprehensive security solutions.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 80
POSITIVE IMPACT
Palo Alto Networks is expected to benefit from the consolidation wave in the cybersecurity market, driven by increasing threats and demand for integrated solutions.
As the cybersecurity market consolidates, Palo Alto Networks is well-positioned to benefit from increased demand for comprehensive security solutions.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 80
POSITIVE IMPACT
ZScaler is expected to grow as the cybersecurity market consolidates, driven by increasing threats and demand for integrated security solutions.
ZScaler is well-positioned to benefit from the consolidation in the cybersecurity market, driven by the increasing need for integrated security solutions.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 80