The global cybersecurity market grew 12.5% YoY to $18.6B in Q1 2023, despite tighter budgets; Palo Alto Networks had an 8.7% share, Fortinet 7%, and Cisco 6.1% (Canalys) 20-06-2023

Canalys:
The global cybersecurity market grew 12.5% YoY to $18.6B in Q1 2023, despite tighter budgets; Palo Alto Networks had an 8.7% share, Fortinet 7%, and Cisco 6.1% — The worldwide cybersecurity market grew 12.5% year on year in Q1 2023 to US$18.6 billion, outpacing the rest of the tech sector despite worsening macroeconomic conditions.