and China.Ĭybersecurity Ventures expects global cybercrime costs to grow by 15 percent per year over the next three years, reaching $10.5 trillion USD annually by 2025, up from $3 trillion USD in 2015. If it were measured as a country, then cybercrime - which is predicted to inflict damages totaling $8 trillion USD globally in 2023 - would be the world’s third-largest economy after the U.S. Global cybercrime damage predicted to hit $10.5 trillion annually by 2025. What you need to know about the trillion-dollar cyber economy over the next 5 yearsĬybercrime Magazine extrapolates the top 10 market data points from our research in order to summarize the cybersecurity industry through 2025.Īlthough the numbers listed below have been featured and quoted (with attribution to us as the source) by hundreds of major media outlets, vendors, academia, governments, associations, event producers, and industry experts - the material is all original research which first appeared in reports published by Cybersecurity Ventures.
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