Meridian Capital publishes its Technology M&A Update, which focuses on key trends in the technology M&A market. The Winter edition focuses on the cybersecurity industry.
The M&A market for cybersecurity companies remain highly active as enterprises and governments focus on improving their threat detection and response solutions for the increasing quantity and severity of cybercrime and associated costs.
The cybersecurity industry is foreseen to develop at a substantial pace over the next few years. According to Cybersecurity Ventures, global cybercrime is estimated to cost victims of security breaches $6 trillion in damages annually by 2021. Cybersecurity Ventures estimates that spending on cybersecurity products and services will grow 12 to 15 percent annually, exceeding $1 trillion between 2018 and 2021.