Cyber Security industry growth – shortage of professionals

Cyber Security has rapidly become one of the fastest growing industries in the world which has resulted in an increasing shortage of professionals working in the business. The global Cyber Security market size was valued at $183.34 billion in 2020 and is now predicted to reach $539.78 billion by 2030, with a compound annual growth rate (CAGR) of 11.6% from 2021-2030. As it stands, there is currently a major shortage of Cyber Security professionals across the globe and as ongoing onslaughts of hacking, ransomware and information breaches continue to plague many organisations, the requirement for employing people with the corresponding field-related skills is in high demand.

The requirements of skilled professionals in the industry varies depending on the area of focus. Cyber Security is a relatively vague term used for an expansive area of Information Technology. It encompasses a wide range of aspects, including operating systems, networks, computer hardware, cryptography, mobile and IOT technologies, and red and blue teaming (pen testing), to name just a few.

Cyber Security can effectively be broken down into the following categories:

  • Application security
  • Information or data security
  • Network security
  • Disaster recovery/business continuity planning
  • Operational security
  • Cloud security
  • Critical infrastructure security
  • Physical security
  • End-user education

The details on various course options for learning about the different aspects of cyber security are provided in the Cyber Security Courses article.