GITNUX MARKETDATA REPORT 2024

Cybersecurity Training Industry Statistics

The cybersecurity training industry is expected to continue growing rapidly, driven by increased cyber threats and the need for organizations to protect their data and systems.

Statistic 1

"As of 2021, the cybersecurity training market size is valued at $10.92 billion."

Sources Icon

Statistic 2

"It is predicted that the industry will grow at a Compound Annual Growth Rate (CAGR) of 10.9% from 2021 to 2027."

Sources Icon

Statistic 3

"By 2026, the cybersecurity training market is projected to reach $15.6 billion."

Sources Icon

Statistic 4

"Small and Medium-sized Enterprises (SMEs) are expected to grow at the highest CAGR of 13.1% from 2021 to 2027."

Sources Icon

Statistic 5

"As of 2021, North America dominates the cybersecurity training market, accounting for 40.8% of the global share."

Sources Icon

Statistic 6

"As of 2021, almost 90% of cybersecurity teams globally find it challenging to hire skilled professionals."

Sources Icon

Statistic 7

"The demand for cybersecurity training is highest in the Banking, Financial Services, and Insurance (BFSI) sector."

Sources Icon

Statistic 8

"Approximately 68% of business leaders feel their cybersecurity risks are increasing."

Sources Icon

Statistic 9

"As of 2020, there was a global deficit of over 4 million cybersecurity professionals."

Sources Icon

Statistic 10

"More than half of all businesses globally have suffered a cybersecurity breach in the last 5 years."

Sources Icon

Statistic 11

"Only about 38% of global organizations claim they are prepared to handle a sophisticated cyberattack."

Sources Icon

Statistic 12

"New phishing websites increased 220% during the pandemic period."

Sources Icon

Statistic 13

"Over 2020, ransomware attacks have gone up by nearly 150%."

Sources Icon

Statistic 14

"43% of cyberattacks target small business, underscoring the need for them to invest in cybersecurity training."

Sources Icon

Statistic 15

"The Healthcare industry has the highest cost of a breach – on average $9.23 Million per incident."

Sources Icon

Statistic 16

"It is estimated that by 2025, businesses will suffer a cyber attack every 11 seconds."

Sources Icon

Statistic 17

"33% of Americans have experienced identity theft, which is more than twice the global average."

Sources Icon

Statistic 18

"77% of IT professionals indicate that their organizations don’t have a formal cybersecurity incident response plan."

Sources Icon

... Before You Leave, Catch This! 🔥

Your next business insight is just a subscription away. Our newsletter The Week in Data delivers the freshest statistics and trends directly to you. Stay informed, stay ahead—subscribe now.

Sign up for our newsletter and become the navigator of tomorrow's trends. Equip your strategy with unparalleled insights!