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Industry Landscape
The cybersecurity industry is experiencing rapid growth driven by the increasing sophistication of cyber threats, proliferation of APIs, and cloud adoption. Organizations are prioritizing unified security platforms, AI/ML-driven defenses, and comprehensive protection against automated attacks and fraud. Compliance and data privacy regulations further fuel demand for robust solutions. The market is dynamic, with continuous innovation to combat evolving attack surfaces.
Total Assets Under Management (AUM)
Cybersecurity Market Size in United States
~$60.2 billion (2022)
(13.6% CAGR)
- Cloud security dominates the market.
- AI/ML integration is a key driver.
- Increasing focus on API security due to widespread adoption.
Total Addressable Market
198 billion USD
Market Growth Stage
Pace of Market Growth
Emerging Technologies
Generative AI (GenAI) Security
GenAI security focuses on protecting AI models from adversarial attacks, ensuring secure data handling, and preventing the misuse of generative AI, crucial as enterprises integrate AI into applications.
Homomorphic Encryption (HE)
Homomorphic Encryption allows computations on encrypted data without decrypting it, offering enhanced data privacy and security, especially beneficial for cloud-based AI/ML operations and sensitive data processing.
API Security Gateways with Behavioral Analytics
Advanced API security gateways are integrating sophisticated behavioral analytics and machine learning to detect and mitigate subtle API abuse, business logic flaws, and zero-day attacks beyond signature-based methods.
Quantum-Resistant Cryptography
This involves developing cryptographic algorithms capable of resisting attacks from quantum computers, ensuring long-term data security as quantum computing advances.
Impactful Policy Frameworks
National Cybersecurity Strategy (2023)
The U.S. National Cybersecurity Strategy (2023) outlines five pillars, including defending critical infrastructure, disrupting threat actors, and investing in a resilient future, emphasizing a shift of cybersecurity responsibility to software and technology providers.
This strategy places increased onus on cybersecurity providers like Cequence to build inherently secure products and collaborate with government agencies on threat intelligence.
Cyber Incident Reporting for Critical Infrastructure Act of 2022 (CIRCIA)
CIRCIA (2022) mandates critical infrastructure entities to report significant cyber incidents and ransomware payments to CISA, improving the government's ability to identify and respond to threats.
CIRCIA necessitates that Cequence's enterprise clients in critical sectors have robust incident detection and reporting capabilities, potentially increasing demand for real-time threat intelligence and API visibility features.
SEC Cybersecurity Rules (2023)
The SEC adopted new rules in 2023 requiring public companies to disclose material cybersecurity incidents within four business days and annually disclose their cybersecurity risk management, strategy, and governance.
These SEC rules compel Cequence's public company clients to enhance their cybersecurity posture and transparency, driving demand for comprehensive API security and attack surface management solutions for compliance and reporting.
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