The State of the Cybersecurity Market in 2024

 In 2024, the cybersecurity market experienced significant growth, marked by substantial funding, mergers and acquisitions (M&A), and the integration of artificial intelligence (AI). The industry saw 621 funding rounds totaling $14 billion across 112 unique product categories. M&A activity included 271 transactions valued at $45.7 billion. AI-focused cybersecurity funding grew by 96% year-over-year. Product-based companies dominated funding, securing $12.3 billion, while services showed a shift toward hybrid models. Geographically, the U.S. led with $10.9 billion in funding, while Europe, Israel, and the UK also demonstrated resilience.

https://www.returnonsecurity.com/p/the-state-of-the-cybersecurity-market-in-2024

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