Cyber security market stats in 2022
During the projected period, the cyber security market in Australia is expected to grow at a rapid pace. The expanding cyber security concerns from both internal and external sources within enterprises are driving the Australian cyber security market. As a result, the need for organization security solutions to protect IT resources and vital corporate data has skyrocketed. This is projected to have a beneficial effect on market growth over the predicted period. Furthermore, increased implementation of cloud computing, machine learning, IoT, and AI in cyber security solutions is likely to drive market growth through 2027. However, a scarcity of qualified personnel to prevent cyber-attacks and administer cyber security solutions could slow market growth in the coming years. Additionally, adherence to cyber security regulations and standardization may limit the market growth.
The cyber security market in Australia is divided into categories: security, solution type, deployment mode, end-user industry, enterprise size, and geography. The market can be divided into on-premises and cloud deployment modes. Because of the associated features such as scalability, flexibility, low operational costs, and auto-update functionality, the cloud segment is likely to dominate the market. The market can be divided into BFSI, IT & telecom, defense, energy & power, retail, healthcare, and others based on the end-user industry. Because of the rising use of cyber security solutions in hospitals, diagnostic labs, clinics, and ambulatory centers, among others, the healthcare segment is likely to have a considerable market share over the projection period.
Experts believe that the global cybersecurity market size is expected to grow from $181.12 billion in 2021 to $201.33 billion in 2022 at a compound annual growth rate (CAGR) of 11.2%. Companies are resuming operations and adapting to the new normal as they recover from the COVID-19 impact, which had previously resulted in restrictive containment measures such as social distancing, remote working, and the closure of commercial activities, all of which created operational challenges. At a CAGR of 11.2 percent, the cybersecurity industry is estimated to reach $307.70 billion in 2026.
Lumify Learn Introduces ICT30120 Certificate III in Information Technology - Elective Focus Basic Cyber Security
The field of technology includes a wide range of job opportunities, and many people will be able to find something that suits their abilities or interests. As the demand for Information Technology and Cyber Security grows, we make sure that we have your back and that you are equipped to face these growing demands. Also, for those individuals who are just getting started with IT, a certificate course might assist them to learn the fundamentals of this industry.
Are you interested in the IT field and cyber security but lack experience? Lumify Learn has now launched ICT30120 Certificate III in Information Technology - Elective Focus Basic Cyber Security, a program aimed to develop and explore the foundational skills of ICT such as securing personal and workplace information, digital media skills, generalist IT support services, basics of networking, programming, systems and web development. You'll also have the opportunity to take elective modules on cyber security, which may motivate you to seek additional study if you want to make it a professional focus in the future.
What you will get from the course
IT and cyber security courses are sometimes thought of as niche areas reserved for computer whizzes, but this couldn’t be farther from the truth. As businesses expand further into technology, relying on software and cloud-based services more, having an IT and cyber security course under your belt is very helpful when it’s the sole focus of your career. Here are some benefits of our course that will definitely help boost your career.
1. Improve your work performance
IT classes can be an excellent approach for someone who already has a job or a profession in a specific field to have a better understanding of the technology components of the job. A certificate in information technology is highly recognized in many fields, particularly those involving finance, creativity, and cyber security. Employees who complete a course in IT or in a related field immediately improve their job performance.
2. Job Retention
Businesses are constantly seeking methods to minimize costs in an unpredictable economic environment. This could indicate that jobs are at risk. Having an ICT certification can mean the difference between keeping your job and getting a new one in this situation. Certification shows that you are committed to improving your skill set and expertise, which benefits both you and your employer.
3. Digital Badge
When you pass your IT certification exam, Lumify Learn awards you with a Digital Badge. Your virtual identity card is this digital badge. You can post your digital badge on numerous social media networks to demonstrate your knowledge in that field. It increases your reputation in the IT sector and raises your status as an IT expert. IT professionals can exhibit their digital badge as long as their IT qualification is valid, according to vendors such as Lumify Learn. As a result, your Digital Badge demonstrates that you are currently active and attracts the attention of your company and other clients.
4. Increase your knowledge
On a more abstract level, everyone who has been out of school for a long time can benefit from keeping their minds busy. Students in our ICT course typically discover a reinvigorated enthusiasm for school as well as a greater ability to adapt and expand their minds to new skill sets by putting themselves in unexpected settings and tackling new learning tasks.
Moreover, it's not simple to stay relevant in a continuously changing workforce, and ICT courses are currently one of the fastest-growing areas of demand for employees. Updating your skill set or adding to an existing record of accomplishments is a surefire approach to developing competence and experience in many facets of your organization.
5. Connections with others
One of the most significant advantages of taking ICT courses that emphasize practical skills and employability is that students meet like-minded classmates and form new relationships. Networking is an important element of obtaining professional employment, and meeting with others in a learning environment will bring insight and friendships that would not otherwise be attainable.
Additionally, Lumify Learn’s IT programs focus on the practical knowledge and skills that are needed to boost your employability in the market. Students are also given the opportunity to participate in Lumify Edge, in which our experts will help connect you with prospective employers in your field. This will include professional coaching, mentoring, access to available job positions, and assistance with your LinkedIn profile.
Possible Career Opportunities
IT is changing the way we live, play, and do business, so it's no surprise that IT is one of the fastest expanding sectors of the Australian workforce, and will be for years to come.
Upon completing the program, students may be able to pursue an entry-level IT role including:
ICT Technician: Those in this role are responsible for maintaining their client’s IT networks and ensuring system performance is optimised. They often monitor these networks and their connected devices, identifying and managing existing or potential threats as necessary. When needed, they may also install new software, and hardware, or upgrade existing applications as required. According to Glassdoor, these professionals earn an average of $62,500 AUD per year.
Help Desk Support Specialist: Technology users turn to help desk support specialists for their expertise in managing, repairing, or resolving issues related to hardware, software, and general computer systems. These professionals are responsible for answering customer or client queries in a timely manner, typically through online live chats or over the phone. According to Payscale, the average help desk specialist earns about $45,427 AUD per year.
Network Support Officer: Those in this role actively monitor the performance of a company’s IT networks, ensuring all systems are optimised and potential threats are handled as necessary. They may also be responsible for installing and configuring switches, routers, and network hardware or software. Those with this skill can earn an average of $66,000 AUD, according to Payscale.
Junior Cyber Security Analyst: As a junior cyber security analyst, your responsibilities involve identifying and preventing cyber threats to a company or other organization. Your duties may include establishing threat plans and protocols, maintaining data, monitoring security network access, performing tests and risk analysis, reviewing security alerts and taking steps to protect the information, updating and maintaining a firewall, and recommending security tools and countermeasures to your superiors. According to Payscale, the average salary for a Security Analyst is $73,467 AUD every year.
Why study Lumify Learn's ICT30120 Certificate III in Information Technology - Elective Focus Basic Cyber Security course?
Anyone interested in a career in information technology can benefit from our ICT30120 Certificate III in Information Technology - Elective Focus Basic Cyber Security. The skills and information you'll gain in this course are in great demand worldwide, according to Cyber Security Ventures, which predicts 3.5 million employment openings in the future years.
This course teaches core and important industrial skills that may be applied across numerous industries, as well as specializations tailored to your specific career aspirations. Develop critical thinking and problem-solving skills, as well as knowledge of how to safeguard computer operating systems, networks, and data from cyber-attacks. You'll also learn how to monitor systems and report or take action in real-time to counter threats.
Experience our own brand of teaching today and be ahead in the IT industry! Contact us to know more.