The global Cybersecurity market is expected to be valued at more than $167 billion in 2020, according to Grandview Research. Over the next couple years, the market is expected to grow at a double digit CAGR. This growth is fueled by the fact that an increased amount of industries are moving at least some aspects of their business to the digital realm. This leaves many companies vulnerable to the increasing number of cyber attacks. Intelligent threat detection and response solutions and services have become crucial. The last couple of years have seen a consistent increase in deal activity in the space.