1. The cybersecurity market is projected to grow globally from $153.6bn in 2022 to $424.9bn by 2030, but it has been affected by budget cuts and layoffs.

2. Mergers and acquisitions (M&A) in the cybersecurity industry have been limited due to risk aversion and concerns around value.

3. The industry is ripe for consolidation and international expansion to meet market demands.

4. Top M&A deals in 2023 include Cisco's acquisition of Splunk, Thales' acquisition of Imperva, Thoma Bravo's acquisition of ForgeRock, Proofpoint's acquisition of Tessian, and CrowdStrike's acquisition of Bionic.

5. The cybersecurity industry is saturated, and M&A activity is necessary for market consolidation.

#Cybersecurity #MergersAndAcquisitions #MarketConsolidation #InternationalExpansion

https://www.infosecurity-magazine.com/news-features/cybersecurity-mergers-acquisitions/