Source: Gizmodo
The cybersecurity market is akin to the semiconductor market in many ways. It continues to thrive on economies of scale and the law of compound interest, which has seen the proliferation of internet-enabled devices. The cybersecurity market is projected to grow to $120 billion by 2022. That sentence is cliche to investors familiar with this market, and I'm sure you've heard it a thousand times.
However, inside the cybersecurity market, we have multiple segments and companies at different stages of their growth. While some are firmly positioned to capture more market share, others