Global cybersecurity market to reach $61 billion this year

The global cybersecurity market is predicted to reach $61.1 billion in 2012, according to a report by UK-based consultancy Visiongain.

Visiongain said it expects an increase in public-private partnerships across a number of cybersecurity sectors, while technological developments are also projected to evolve to reflect the changing dynamics of cyber threats and the increased demands placed on applications and devices by end users.

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