After analyzing the past years, you can see that more than $20 billion has been invested in the cybersecurity area, and according to most industry representatives, this amount will be increased in 2022.
Even though most areas, such as cloud technologies, API security, IT in healthcare, and insurance, have reached a new level, some of these trends should continue this year.
What will be the reason this time to warm up investors’ appetite? It is always difficult to guess but still, these are subsectors and topics that seem ready to raise their status as venture dollars continue to flood the ecosystem of cybersecurity.
Cryptocurrencies.
It’s hard not to notice the explosion in the cryptocurrency market in 2021, and the crazy venture dollars that soared into space. This had a positive effect on the increasing demand for blockchain development services, and finding a professional blockchain consulting company is not always easy. This set a high rate for the security industry experts.
At the end of November, the New York-based company Fireblocks, which deals with a variety of problems related to cryptography, including security, compliance, and management, attracted a $400 million Series E round from Sequoia Capital at a valuation of $ 8 billion.
Further widespread popularity should make the field of cryptocurrency protection even more in demand. As more and more traditional banks and financial institutions use cryptocurrency. As it becomes more familiar to people, investors will increasingly analyze the security of moving and storing these digital assets. We assume that large payment companies and even traditional market exchanges will carefully study the space related to security, reporting tools, and analytics in 2022 year.
Compliance and auditing.
Cybersecurity loves the newfound fashion slang, so let’s combine them to get what could be the next big trend in 2022.
An additional argument to set security audits on top of the IT trends is the set of scandals with many of the IT companies related to the disclosure of personal data and commercial information, leading to violation of different initiatives and regulations, introduced by
several countries within the previous decade. What led to high fines for the key digital market players.
Securing the unknown.
Considering all this talk about the metaverse and Web3 – mainly about what they are and how they will be accepted — questions related to data, privacy, and identity protection also continue to arise.
This could mean a lot of money for startups that pay special attention to these things, as users seek better control of it all in a decentralized environment.
One of those major themes that are likely to come up, again and again, is the idea of “portable identity,” or the user’s ability to use everything from social and professional charts to relationships on various digital platforms seamlessly with them, is likely to play a big role.
“Identification needs to be real and portable,” said Matthew Goldstein, managing director of M12, a cybersecurity investment company.
In identity management, startups that go beyond and enter the next stage of the Internet’s life can become big winners. Even if this means that they will be gained by larger identity companies such as tech giants like Meta and Google, that’s how this new chapter on connectivity turns out.
