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Industry Landscape
The cybersecurity industry is experiencing rapid growth driven by increased digitalization, remote work, and sophisticated cyber threats. Identity and Access Management (IAM), especially MFA and passwordless solutions, are critical components. Regulatory compliance and data privacy concerns further fuel demand, making it a highly dynamic and essential sector for businesses of all sizes.
Total Assets Under Management (AUM)
Cybersecurity Market Size in United States
~Approximately 200 billion USD
(13.8% CAGR)
Fueled by digital transformation across sectors.
Demand for cloud security and data privacy.
Increased spending on advanced threat protection.
Total Addressable Market
300 billion USD
Market Growth Stage
Pace of Market Growth
Emerging Technologies
Zero Trust Architecture (ZTA)
ZTA shifts security from perimeter-based to an 'assume breach' posture, verifying every user and device regardless of location, continuously.
Decentralized Identity (DID) & Verifiable Credentials (VCs)
DID empowers individuals with self-sovereign control over their digital identities, using blockchain to securely store and verify credentials without central authorities.
AI-Powered Threat Detection & Adaptive Authentication
AI and Machine Learning analyze vast datasets to identify anomalous behavior in real-time, enabling more accurate threat detection and dynamic adjustment of authentication requirements based on risk.
Impactful Policy Frameworks
National Cybersecurity Strategy 2023 (United States)
Released by the Biden Administration in March 2023, this strategy outlines five pillars: defending critical infrastructure, disrupting threat actors, shaping market forces to drive security, investing in resilience, and forging international partnerships.
This strategy emphasizes shared responsibility and will likely drive increased investment in advanced security solutions like those offered by Sequrly, particularly for critical infrastructure sectors, while also pushing for stronger software supply chain security.
SEC Cybersecurity Disclosure Rules (2023)
Effective December 15, 2023, these rules require public companies to disclose material cybersecurity incidents within four business days and to periodically disclose their cybersecurity risk management, strategy, and governance.
These rules will increase demand for robust IAM and cybersecurity solutions that provide clear audit trails and incident response capabilities, directly benefiting Sequrly as companies seek to meet disclosure requirements and demonstrate strong security posture.
Cyber Incident Reporting for Critical Infrastructure Act of 2022 (CIRCIA)
Signed into law in March 2022, CIRCIA mandates that critical infrastructure entities report covered cyber incidents to the Cybersecurity and Infrastructure Security Agency (CISA) within 72 hours, and ransomware payments within 24 hours.
CIRCIA increases the urgency for critical infrastructure organizations to implement comprehensive cybersecurity measures, including advanced authentication and access controls, to prevent incidents and ensure timely reporting, driving adoption of Sequrly's solutions.
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