Industry Landscape
The cybersecurity industry is currently in a state of rapid expansion, driven by increasing sophistication of cyber threats and the proliferation of connected devices (IoT, OT, IoMT). Organizations are prioritizing proactive defense, real-time visibility, and automated protection. Regulatory compliance and the need for integrated security solutions are key drivers. The market is highly competitive with a growing emphasis on AI-driven platforms and specialized niche solutions.
Total Assets Under Management (AUM)
Cybersecurity Market Size in United States
~Estimated at over $60 billion in 2023
(13.8% CAGR)
- Driven by increasing cyberattacks and digital transformation.
- Growing adoption of cloud-based security solutions.
- Focus on compliance and data privacy regulations.
Total Addressable Market
199.7 billion USD
Market Growth Stage
Pace of Market Growth
Emerging Technologies
AI-Driven Autonomous Security
Leveraging artificial intelligence and machine learning to enable security systems to detect, analyze, and respond to threats with minimal human intervention, enhancing real-time protection.
Generative AI for Threat Intelligence
Utilizing generative AI models to analyze vast datasets of threat intelligence, predict attack patterns, and generate tailored defense strategies, improving proactive security postures.
Distributed Ledger Technology (DLT) for Identity & Access Management
Implementing blockchain or similar DLT for decentralized, immutable identity verification and access control, enhancing trust and reducing single points of failure in security infrastructure.
Impactful Policy Frameworks
NIST Cybersecurity Framework 2.0 (2024)
NIST Cybersecurity Framework (CSF) 2.0, released in 2024, expands its scope beyond critical infrastructure to all organizations, adding a new 'Govern' function and emphasizing supply chain risk management.
This framework encourages organizations to adopt comprehensive cybersecurity practices, driving demand for solutions like Ordr's that provide asset visibility, risk management, and segmentation for compliance.
Executive Order on Improving the Nation’s Cybersecurity (EO 14028, 2021)
This U.S. Executive Order, issued in 2021, focuses on improving the nation's cybersecurity, emphasizing zero trust architecture, software supply chain security, and enhanced information sharing.
The EO strongly promotes the adoption of Zero Trust principles and asset visibility, directly aligning with Ordr's core offerings and increasing the imperative for robust security solutions among government contractors and critical infrastructure.
Cyber Incident Reporting for Critical Infrastructure Act of 2022 (CIRCIA)
CIRCIA requires covered critical infrastructure entities to report significant cyber incidents to CISA within 72 hours and ransomware payments within 24 hours.
This act increases the urgency for critical infrastructure sectors, a key Ordr target, to have real-time asset intelligence and threat detection capabilities to ensure timely compliance and mitigate potential penalties.
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