Market Opportunity

Cyber Security Industry Growth Potential

The global cyber security market is undergoing rapid expansion, driven by the escalating frequency and sophistication of cyber threats coupled with the increasing digitisation of business operations worldwide. Market research forecasts indicate that the industry, valued at approximately $220–245 billion in 2025, will reach $350–560 billion by 2030–2032, representing a compound annual growth rate (CAGR) of 9–14%. This growth is not only a reflection of rising demand for robust cyber security solutions but also signals a significant opportunity for innovative approaches like those offered by Cybercentry.

Cybercentry targets four key challenges in the cybersecurity industry, drawing from both its current mission and the foundational insights of the original Cybercentry project:

High Fees in Cyber Security: Globally, cyber security is a significant financial burden for individuals and businesses due to the high costs of securing digital assets against escalating threats. The Global Cyber Security Outlook 2024 by the World Economic Forum highlights that the complexity and necessity of cyber security measures continue to drive up costs, which can be particularly challenging for SMEs that may lack the resources for such significant investments (World Economic Forum, 2024).

Lack of Transparency in Cyber Security Billing: The World Economic Forum also notes issues with the transparency of cyber security efforts, including how costs are calculated and billed. This lack of transparency can hinder financial planning and budgeting for businesses, exacerbating the challenge of managing cyber security expenditures (World Economic Forum, 2024).

Rigid Payment Structures in Cyber Security: As reported by Cobalt, these structures are often ill-suited to the dynamic nature of cyber threats and the evolving needs of individuals and businesses. This can prevent access to the most effective and up-to-date security measures when they are most needed, thus increasing their vulnerability to cyber-attacks (Cobalt, 2024).

Global Cyber Security Job Shortage: According to Cybersecurity Ventures, 3.5 million cybersecurity jobs were unfilled worldwide in 2021, underscoring a significant skills gap. This shortage has persisted, with projections indicating that the number of unfilled positions will remain around 3.5 million through 2025. This gap is creating a bottleneck in the global fight against cybercrime, as there are not enough trained professionals to secure the digital infrastructure against the ever-evolving threats (Cybersecurity Ventures, 2024).

Cybercentry's Solution:

Transparent Pricing: Leveraging blockchain technology, Cybercentry aims to eliminate hidden fees and provide full visibility into transaction histories, thereby addressing global concerns about billing transparency in cybersecurity.

Flexible Access: By allowing users to pay for cybersecurity services on demand, $CENTRY addresses the need for more flexible payment models that can quickly adapt to the evolving cyber threat landscape.

Global Accessibility: Cybercentry uses blockchain to lower entry barriers, making high-quality cybersecurity services affordable and accessible to markets worldwide, particularly benefiting underserved regions, individuals, and businesses.

@centry_agent: Introduced by Cybercentry, @centry_agent is a revolutionary tool within the Cybercentry ecosystem. It automates the aggregation and analysis of cyber security information, ensuring users receive up-to-date insights on best practices, compliance updates, and industry developments, enhancing their security posture at a fraction of the cost of traditional solutions. The agent operates seamlessly within the Cybercentry framework, ensuring users can scale their security measures without incurring additional costs.

Leveraging Global Trends for Local Impact

Cybercentry is uniquely positioned to capitalise on the shift towards more digital and decentralised individual and business environments that demand innovative cybersecurity solutions. By addressing the specific needs and challenges across global markets, Cybercentry can tailor its offerings to deliver maximum value, thereby enhancing adoption and impact.