Cybersecurity: Discovering Growth In A Recession

Nov. 24, 2022 2:32 AM ETBUG, CLOU, CRWD, ZS, FTNT, S, CKPT, PANW
Global X ETFs profile picture
Global X ETFs
3.16K Followers

Summary

  • Cyberattacks are growing in frequency and sophistication.
  • As the market grows, we believe that leading solution providers positioned as one-stop shops will be able to consolidate more share, boost margins, and grow more efficiently than their competition.
  • Cybersecurity must evolve in lockstep with broader technology.

HUD Padlock Icon Cyber Security, Digital Data Network Protection, Future Technology Digital Data Network Connection Background Concept. 3d rendering

KanawatTH/iStock via Getty Images

The COVID-19 pandemic was fuel for the economy’s digitization. Rapid adoption of cloud, multiplication of devices, and increase in data generation ended up straining existing systems, exposing gaps in enterprise defenses. Parallelly, cyberattacks saw a broad uptick worldwide. Both factors are now

Global cyberattacks continued to increase in 2022

Trailing 12 months revenue growth (reported each quarter) for Indxx Cybersecurity Index shows acceleration

Margins for stocks part of Indxx Cybersecurity Index have held steady even as macro pressure pile up

Cybersecurity M&A remained high in H1 2022

Summary of major cybersecurity acquisitions in the last 12 months, limited to deals valued at over $1 billion

Security spending is expected to grow at 12%+ rates through 2026

This article was written by

Global X ETFs profile picture
3.16K Followers
Founded in 2008, Global X is a sponsor of exchange-traded funds (ETFs). We are distinguished by our Thematic Growth, Income, and International ETFs. Explore our insights on the trends and themes shaping global markets – from technology to commodities to emerging economies – at globalxfunds.com/research. Global X ETFs is a member of the Mirae Asset Global Investments Group. Important disclosures: globalxfunds.com/privacy

Recommended For You

Comments disabled for this article
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.