Internet Security Market Is Estimated to Reach $46.5 Billion, Globally by 2021
Increasing use of Internet-based applications across various sectors, such as education, government, retail, IT & telecommunications, BFSI and others, make them prone to virus and spam attacks. According to McAfee, in 2014, cybercrimes, such as unethical hacking, botnets, distributed denial of services (DDoS), malware, spyware, spams, viruses, and other threats, caused a loss of $400 billion, worldwide. Increasing incidence of security threats is one of the major factors fueling the growth of the Internet security market.
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