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Market disruption from cybercrime and technology growth creates major opportunities in education, managed services, and insurance.
Nigel Pugh · Venture InsightsPeriod: August 20178 min read
Last updated
Forecast Australian Cybersecurity Market Revenue (2026)
Predicted unfilled Australian cybersecurity job positions (2020)
This report analyses the four key growth areas in the Australian cybersecurity market: education and training, managed security services, insurance, and cyber-start-ups. While cybercrime costs Australia over $1 billion annually, the resulting market disruption is driving a significant increase in cybersecurity spending. The report forecasts the domestic market will grow from A$2.2 billion to A$6 billion by 2026, highlighting the critical role of telecommunications operators and innovative start-ups in addressing the widening skills gap and evolving threat landscape.
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