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Growing threat to medical devices will help drive cybersecurity market to $143 billion

October 9, 2019

Via: TechRadar

A new report estimates that the global cybersecurity market will be worth $143 billion in the year 2021, and that this major growth will be driven in part by the need for better security for vital connected medical devices.

Analytics firm GlobalData notes that the cybersecurity market was worth $114 billion in 2017, so its inflation in value to $143 billion in 2021 would represent a 25% increase over that four year period.

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