Strong sales growth in the cyber security market is likely to set the stage for good investment opportunities, and for the sector to produce a steady stream of M&A news with healthy valuations.
A report by Bank of America Merrill Lynch examined investment opportunities for firms in the cybersecurity space. The market itself is large and growing. Citing data from technology research firm Gartner, BofA estimated the cybersecurity solutions market is currently between $75 billion and $77 billion. It’s expected to grow to $170 million [actually, I think they meant $170 billion] by 2020, according to market research firm Markets and Markets.