While the U.S. continues to dominate – with more than 80 percent share of the global market in 2015 – a recent report by Zion Market Research forecasts Asia Pacific and Latin American regions to experience considerable future growth in demand for cybersecurity solutions.
Rapid growth is expected in Asia Pacific in the near future due primarily to an increase in cyber crime and demand for cybersecurity in emerging economies within the region. Latin America is forecast to show substantial development over the next five years, with Brazil expected to have the most potential.