Cybercrime is a rising concern, and it’s estimated that the annual price of combating cyber crime will attain US$10.5 trillion by 2025. Cybersecurity corporations are working to handle the problem.
As investor curiosity on this probably profitable sector will increase, the Investing Information Community (INN) is profiling the highest 10 greatest cybersecurity corporations by market cap from eSecurity Planet’s list of the highest cybersecurity corporations to observe.
The checklist from eSecurity Planet options 20 privately held and publicly traded cybersecurity corporations throughout a spread of inventory exchanges. The agency employed standards reminiscent of consumer evaluations, product options and advantages, analyst reviews, impartial safety exams and use circumstances to guage corporations within the cybersecurity sector.
The biggest cybersecurity corporations by market cap proven under are all listed on the NASDAQ and NYSE. Inventory information was present as of market shut on January 9, 2025.
1. Microsoft (NASDAQ:MSFT)
Market cap: US$3.16 trillion
Share value: US$424.56
The biggest cybersecurity firm by market cap is Microsoft. The tech big is a serious participant within the cloud safety market, which incorporates cloud native software safety platform (CNAPP) services. In reality, Microsoft is the biggest CNAPP answer supplier, in accordance with KeyBanc Capital.
Outstanding cybersecurity agency Safety Threat Advisors recently became a member of the Microsoft Clever Safety Affiliation.
2. Broadcom (NASDAQ:AVGO)
Market cap: US$3.16 trillion
Share value: US$424.56
International expertise agency Broadcom has constructed a big portfolio of embedded and mainframe safety options, in addition to cost authentication software program.
The corporate broadened its choices with the Symantec Enterprise Cloud in November 2019 with the acquisition of the enterprise software program division of Symantec, which has since modified its title to Gen Digital (NASDAQ:GEN). Broadcom’s Symantec choices embrace safe entry service edge applied sciences and zero-trust safety.
3. Cisco Techniques (NASDAQ:CSCO)
Market cap: US$235.78 billion
Share value: US$59.20
For various years now, Cisco Techniques has more and more invested in boosting its cybersecurity companies. In the present day, the corporate gives an array of merchandise for cloud safety, endpoint safety and safety analytics. To handle the cybersecurity expertise scarcity, Cisco gives certification packages for IT professionals.
In response to rising safety dangers in AI-powered functions, Cisco acquired Robust Intelligence, an organization specializing in defending AI programs from vulnerabilities and assaults, in September 2024.
4. IBM (NYSE:IBM)
Market cap: US$206.36 billion
Share value: US$223.18
IBM’s safety division gives prospects a sophisticated and built-in portfolio of enterprise safety services. IBM X-Pressure helps companies and organizations combine safety options into their on a regular basis features and offers assist with danger evaluation, incident detection and risk response. The corporate is harnessing the facility of AI to fight cybersecurity threats.
In Could 2024, IBM announced new X-Pressure Crimson testing companies that target figuring out and mitigating vulnerabilities in generative AI functions and fashions. Like Cisco, IBM additionally gives cybersecurity certification packages.
5. Palo Alto Networks (NASDAQ:PANW)
Market cap: US$113.41 billion
Share value: US$172.83
Palo Alto Networks payments itself as “the worldwide cybersecurity chief.” The corporate’s safety portfolio contains superior firewalls and cloud-based choices that defend greater than 80,000 organizations throughout their clouds, networks and cell units.
An instance of its extra just lately launched choices embrace Prisma Cloud, which integrates AI throughout varied safety domains, together with community safety, cloud safety and safety operations. In October 2024, Palo Alto expanded its offerings to the commercial sector.
6. CrowdStrike Holdings (NASDAQ:CRWD)
Market cap: US$88.36 billion
Share value: US$358.72
CrowdStrike Holdings is a software-as-a-service options supplier. This staff of cybersecurity professionals makes use of superior endpoint detection and response functions and strategies in its machine-learning-powered antivirus safety choices to make sure breaches are stopped earlier than they happen.
That is one other main cybersecurity firm that’s incorporating AI, including it to its safety data and occasion administration (SIEM) choices.
Its new AI-powered features for its Falcon Subsequent-Gen SIEM platform have been first launched in May 2024, together with the combination of its Charlotte AI. Then, in July, CrowdStrike introduced its Falcon Full Subsequent-Gen MDR service, which contains information from its SIEM platform and AI capabilities.
7. Fortinet (NASDAQ:FTNT)
Market cap: US$73.61 billion
Share value: US$96.04
Fortinet offers end-to-end cybersecurity infrastructure services, reminiscent of firewalls, antivirus instruments, intrusion prevention and endpoint safety. The corporate’s cybersecurity platform can tackle important safety challenges and might defend information throughout digital infrastructure programs, whether or not in networked, software, multi-cloud or edge environments. Fortinet’s consumer base contains main sports activities groups, together with the Vancouver Canucks NHL hockey staff and the Pittsburgh Steelers NFL soccer staff.
8. Zscaler (NASDAQ:ZS)
Market cap: US$28.74 billion
Share value: US$187.78
Cloud safety firm Zscaler’s Zero Belief Change platform can be utilized to safe user-to-app, app-to-app and machine-to-machine communications over any community. The corporate additionally gives cloud migrating companies. Zscaler is understood for setting the usual within the subject of security service edge, and it claims the Zero Belief Change is the world’s most-used safety service edge platform.
In December 2024, the corporate expanded its partnership with IT companies and consulting firm Cognizant (NASDAQ:CTSH) because the pair work collectively to assist enterprises tackle cyber threats by offering a sophisticated, AI-enabled zero belief cloud safety platform.
9. Test Level Software program (NASDAQ:CHKP)
Market cap: US$20.15 billion
Share value: US$183.19
Test Level Software program is a part of the unified risk administration sector, and it gives all kinds of merchandise to guard customers on cell, networks and the cloud. It additionally offers customers with varied safety administration companies to forestall future cyber assaults and information breaches.
Test Level acquired Avanan, a cloud e mail and collaboration safety firm, in 2021. On the finish of 2024, technological analysis and consulting agency Gartner recognized Test Level as a pacesetter within the 2024 Gartner Magic Quadrant for Electronic mail Safety Platforms.
10. Okta (NASDAQ:OKTA)
Market cap: US$14.64 billion
Share value: US$85.46
Okta is an id and entry administration firm that gives cloud software program options for managing and securing consumer authentication, in addition to constructing id controls into functions, web site companies and units. The corporate is investing in AI applied sciences to observe buyer alerts and proactively determine potential dangers.
Gartner recognized Okta as a Chief within the 2024 Gartner Magic Quadrant for Entry Administration for the eighth consecutive yr.
FAQs for cybersecurity
Is cybersecurity a rising trade?
Cybersecurity is a rising trade — according to Statista, it has a projected CAGR of seven.58 % between 2025 and 2029, which is able to permit it to achieve a market worth of US$271.9 billion. The biggest section inside the cybersecurity market is safety companies, whereas cloud safety is forecast to expertise the quickest progress.
What are the present traits in cybersecurity?
In the present day’s top trends in cybersecurity embrace enhancements in stopping and mitigating assaults towards cloud companies, progress in web of issues units, the combination of synthetic intelligence and machine studying, multi-factor identification and the rising risk of deepfakes. Cybersecurity corporations addressing these present points out there might have a bonus in attracting investor consideration.
Which cybersecurity shares pay dividends?
Only a few cybersecurity shares pay dividends; nevertheless, Cisco Techniques and Juniper Networks (NYSE:JNPR) are two corporations that provide dividend funds to their shareholders. Each pay quarterly dividends, with Cisco sporting an annual dividend yield of two.7 %, whereas Juniper Networks is available in at 2.29 %. The average annual dividend yield for corporations within the general expertise sector is 3.2 %.
That is an up to date model of an article first printed by the Investing Information Community in 2016.
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Securities Disclosure: I, Melissa Pistilli, maintain no direct funding curiosity in any firm talked about on this article.