Cyber Security Job Growth Rate
That is a much faster rate than most other industries will experience.
Cyber security job growth rate. If you're interested in becoming a cyber security analyst, one of the first things to consider is how much education you need. So despite figures in the trillions of dollars being thrown around, that still means that security will only make up 5% of worldwide it expenditure. The unemployment rate in the cyber security field is 0%, and this rate has stayed consistent since 2011.
We've determined that 48.8% of cyber security analysts have a bachelor's degree. Estimates are that the security market will grow at around 7.8% cagr (compound annual growth rate) through to 2019. The current number of u.s.
The average job outlook growth across all occupations sits at 5% through 2028, according to the u.s. And of the candidates who are applying for these positions, fewer than one in four are even qualified, according to the mit technology review. Information security analysts can advance to become chief security officers or another type of computer and information systems manager.
This growth is faster than the average for all other careers. However, positions for information security analysts will expand at an impressive rate of 32% over the next eight years, creating a need for more than 35,000 trained candidates. # of job vacancies currently available:
Another report by cybersecurity ventures predicted a 3.5 million shortfall by 2021. Cybersecurity is certainly profitable for those providing it. At that time, job postings were already up 74 percent over the previous five years, according to a peninsula press.
Information security analysts have a job growth rate of 31% through 2029 in the us, much faster than the national average of 4% (us bureau of labor statistics, 2020). In a cybersecurity workforce study conducted by (isc) 2 on october 2018, it was projected that by 2019, the industry would be short of 3 million cyber security professionals. Demand for cybersecurity professionals is on the rise.
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