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Latin America: value of the cybersecurity market 2019-2025

Published by Stephanie Chevalier, Feb 1, 2021
In 2019, the cybersecurity market in Latin America was valued at almost 12.9 billion U.S. dollars. It was estimated that over the period 2020 to 2025, the overall market would grow at a compound annual rate of around 13.8 percent to be worth over 26 billion dollars by 2025.

Value of the cybersecurity market in Latin America from 2019 to 2025 (in billion U.S. dollars)

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© Statista 2021

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Sources

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Release date

May 2020

Region

LAC

Survey time period

2019

Supplementary notes

* This Statista estimate is based on the 2025 values and the compound annual growth rate from 2020 to 2025 of 13.8%, which were provided by the source. An exponential development of the market was assumed.

The source defines cyber threats as "internet-based attempts to damage or disrupt information systems and hack critical information using spyware, malware, and phishing".

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