Cybersecurity Dive February 26, 2025
The cybersecurity market could grow to $338 billion in value by 2033, driven in part by expanding AI risks, Bloomberg Intelligence analysts said.
Dive Brief:
- Global cybersecurity spending is projected to surge in coming years as artificial intelligence tools like chatbots and agents proliferate, creating new risks that force enterprises to shore up their information technology defenses, according to Bloomberg Intelligence analysts.
- Enterprise-wide deployment of generative AI is poised to accelerate through the first half of this year, in part due to the recent rise of Chinese tech startup DeepSeek, which will likely help to lower the cost of adoption, the analysts said in a Thursday research note. This in turn could increase the need for cybersecurity investments, they...