What is the cybersecurity market and why is it growing?

The cybersecurity market includes companies that develop software, systems, and services that protect digital information and networks from attacks. It's growing rapidly at 10.9% per year because of increasing digitalization, more frequent cyber threats, and regulations requiring better data protection. As businesses move more operations online, their need for cybersecurity solutions continues to expand.

What types of companies are included in this cybersecurity group?

This group includes a diverse range of cybersecurity providers. Some focus on identity protection (like Okta), others on document security (DocuSign), network security (Cisco, Juniper Networks), cloud security (Zscaler), and comprehensive security platforms (Palo Alto Networks, Fortinet). Together they represent different approaches to protecting digital assets, from preventing unauthorized access to securing data transmission.

What is a potential profit percentage?

Potential profit percentage shows how much analysts expect a stock's price could rise above its current value, expressed as a percentage. It's calculated based on the difference between a stock's current price and its target price (what analysts believe it could reach). This gives you an idea of possible upside, though remember that these are projections and actual returns may vary.

How does the COVID-19 pandemic affect cybersecurity stocks?

The pandemic accelerated digital transformation as businesses shifted to remote work, creating new security challenges. This increased demand for cybersecurity solutions to protect remote workforces, cloud services, and online transactions. As a result, many cybersecurity companies saw growing business opportunities as organizations prioritized securing their expanded digital footprint and protecting against new vulnerabilities.

15 handpicked stocks

Cyber Security

Your cyber safety is these companies' priority. Explore this carefully selected group of stocks that protect our digital world, chosen by professional analysts tracking the rapidly expanding cybersecurity market.

Han Tan | Market Analyst

Updated 2 days ago | Published at mai 6