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 firms are working to handle the problem.
As investor curiosity on this doubtlessly profitable sector will increase, the Investing Information Community (INN) is profiling the highest 10 largest cybersecurity firms by market cap from eSecurity Planet’s checklist of the highest cybersecurity firms to look at.
The checklist from eSecurity Planet options 20 privately held and publicly traded cybersecurity firms throughout a spread of inventory exchanges. The agency employed standards akin to person critiques, product options and advantages, analyst reviews, unbiased safety checks and use circumstances to guage firms within the cybersecurity sector.
The biggest cybersecurity firms by market cap proven beneath are all listed on the NASDAQ and NYSE. Inventory knowledge was present as of market shut on January 9, 2025.
Market cap: US$3.16 trillion
Share worth: US$424.56
The biggest cybersecurity firm by market cap is Microsoft. The tech large is a serious participant within the cloud safety market, which incorporates cloud native utility safety platform (CNAPP) services. The truth is, Microsoft is the most important CNAPP resolution supplier, in accordance with KeyBanc Capital.
Outstanding cybersecurity agency Safety Threat Advisors just lately turned a member of the Microsoft Clever Safety Affiliation.
Market cap: US$3.16 trillion
Share worth: US$424.56
International know-how 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 identify to Gen Digital (NASDAQ:GEN). Broadcom’s Symantec choices embrace safe entry service edge applied sciences and zero-trust safety.
3. Cisco Methods (NASDAQ:CSCO)
Market cap: US$235.78 billion
Share worth: US$59.20
For quite a lot of years now, Cisco Methods has more and more invested in boosting its cybersecurity companies. At present, the corporate provides an array of merchandise for cloud safety, endpoint safety and safety analytics. To handle the cybersecurity expertise scarcity, Cisco provides certification packages for IT professionals.
In response to rising safety dangers in AI-powered functions, Cisco acquired Strong Intelligence, an organization specializing in defending AI methods from vulnerabilities and assaults, in September 2024.
Market cap: US$206.36 billion
Share worth: US$223.18
IBM’s safety division provides clients a sophisticated and built-in portfolio of enterprise safety services. IBM X-Drive helps companies and organizations combine safety options into their on a regular basis capabilities and supplies 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 introduced new X-Drive Purple testing companies that target figuring out and mitigating vulnerabilities in generative AI functions and fashions. Like Cisco, IBM additionally provides cybersecurity certification packages.
5. Palo Alto Networks (NASDAQ:PANW)
Market cap: US$113.41 billion
Share worth: 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 gadgets.
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 choices to the commercial sector.
6. CrowdStrike Holdings (NASDAQ:CRWD)
Market cap: US$88.36 billion
Share worth: US$358.72
CrowdStrike Holdings is a software-as-a-service options supplier. This workforce 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 capabilities for its Falcon Subsequent-Gen SIEM platform had been first launched in Could 2024, together with the combination of its Charlotte AI. Then, in July, CrowdStrike introduced its Falcon Full Subsequent-Gen MDR service, which includes knowledge from its SIEM platform and AI capabilities.
Market cap: US$73.61 billion
Share worth: US$96.04
Fortinet supplies end-to-end cybersecurity infrastructure services, akin to firewalls, antivirus instruments, intrusion prevention and endpoint safety. The corporate’s cybersecurity platform can tackle important safety challenges and might defend knowledge throughout digital infrastructure methods, whether or not in networked, utility, multi-cloud or edge environments. Fortinet’s shopper base contains main sports activities groups, together with the Vancouver Canucks NHL hockey workforce and the Pittsburgh Steelers NFL soccer workforce.
Market cap: US$28.74 billion
Share worth: 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 provides cloud migrating companies. Zscaler is thought for setting the usual within the area of safety 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. Examine Level Software program (NASDAQ:CHKP)
Market cap: US$20.15 billion
Share worth: US$183.19
Examine Level Software program is a part of the unified risk administration sector, and it provides all kinds of merchandise to guard customers on cell, networks and the cloud. It additionally supplies customers with varied safety administration companies to stop future cyber assaults and knowledge breaches.
Examine Level acquired Avanan, a cloud e-mail and collaboration safety firm, in 2021. On the finish of 2024, technological analysis and consulting agency Gartner acknowledged Examine Level as a pacesetter within the 2024 Gartner Magic Quadrant for Electronic mail Safety Platforms.
Market cap: US$14.64 billion
Share worth: US$85.46
Okta is an identification and entry administration firm that gives cloud software program options for managing and securing person authentication, in addition to constructing identification controls into functions, web site companies and gadgets. The corporate is investing in AI applied sciences to observe buyer alerts and proactively determine potential dangers.
Gartner acknowledged 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 business?
Cybersecurity is a rising business — in accordance with Statista, it has a projected CAGR of seven.58 % between 2025 and 2029, which can permit it to achieve a market worth of US$271.9 billion. The biggest section throughout the cybersecurity market is safety companies, whereas cloud safety is forecast to expertise the quickest progress.
What are the present tendencies in cybersecurity?
At present’s high tendencies in cybersecurity embrace enhancements in stopping and mitigating assaults towards cloud companies, progress in web of issues gadgets, the combination of synthetic intelligence and machine studying, multi-factor identification and the rising risk of deepfakes. Cybersecurity firms addressing these present points out there could have a bonus in attracting investor consideration.
Which cybersecurity shares pay dividends?
Only a few cybersecurity shares pay dividends; nevertheless, Cisco Methods and Juniper Networks (NYSE:JNPR) are two firms that supply 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 common annual dividend yield for firms within the general know-how sector is 3.2 %.
That is an up to date model of an article first revealed 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.
