Summary

This report analyzes the top 50 Cybersecurity startups from the “GlobalData Startup Scorecard” that has the potential to become unicorns (valuation more than US$1bn) based on the GlobalData’s Unicorn Prediction Model. The model is based on a proprietary machine learning (ML) algorithm which analyzes millions of data points related to venture capital (VC) investment activity for startups and can predict future unicorns.

Strong tailwind with respect to Cybersecurity adoption for multiple applications by Startups is expected to disrupt several sectors in the future. Whether to automate tasks or assist Companies in application security & Data Security startups are harnessing the disruptive power of Cybersecurity to capture opportunities in all the sectors. A whole raft of innovative Cybersecurity startups with cutting-edge expertise spanning sectors are predicted to become tomorrow’s unicorns

The report highlights potential unicorns in the Cybersecurity market ecosystem and covers insights on VC investments, stage of startups, Cybersecurity regional investment activity, job analytics, company filing trends, and patenting activity. Comprehensive view on innovative Cybersecurity startups with cutting-edge expertise spanning across sectors are predicted to become tomorrow’s unicorns.

Scope

- Based on GlobalData’s proprietary ranking of 10,000 top startups, 126 Cybersecurity startups globally are shortlisted, of which 50 Cybersecurity startups are predicted to become future unicorns based on GlobalData’s proprietary Machine Learning Model. The 10,000 top startups are spread over 70 countries with the US accounting for half of them, followed by China. Critical sectors in the startup universe include TMT (55%), Pharmaceuticals and Healthcare (11%), Financial Services (7%), and Retailing (4%), followed by other sectors.
- Predicting Future Cybersecurity Unicorns by combining Startup Scorecard and Machine Learning model using 3 broad Patenting, Hiring and Investments trends inCybersecurity Startups over the years. Unicorn Prediction came out to be true in recent years.

Reasons to Buy

- GlobalData's Potential Unicorns list offers early predictive intelligence and enables to spot tomorrow's winners today. The model identifies venture funded companies which have the potential to become unicorns (a valuation of at least $1 billion) driven by GlobalData's proprietary machine learning algorithm which decodes millions of interactions between key deal attributes.