Start A Cyberspace Security Business - Business Ideas

Pat Walls

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Updated: September 15th, 2022

Start A Cyberspace Security Business

Please note that the data provided in this article are estimates and may vary depending on various factors, and should not be considered as perfect or definitive.

Cyberspace security refers to the practice of defending computers, servers, mobile devices, electronic systems, networks, and data from malicious attacks.

Demand for cyberspace security experts has been snowballing.

The US alone has reported an estimated 200,000 vacant cyber security positions.

With cybersecurity being a critical component in today's business environment, starting a cyberspace security business can be a lucrative opportunity.

To start a cyberspace security firm, get the right professional certifications so potential clients can trust your abilities.

Then, develop a business plan tailored to cybersecurity, and define the target market.

Finally, analyze the market and come up with an entry strategy.

Starting a cyberspace security business requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell cyberspace security monitoring service, or selling cyberspace security monitoring service online, you can use this page as a guide for everything you'll need to know.

Key Stats

market size

$26.4B

starting costs

$11.7K

gross margin

90%

time to build

210 days

Startup Costs

	Min Startup Costs	Max Startup Costs
Office Space Expenses	$0	$7,000
Employee & Freelancer Expenses	$150	$250
Website Costs	$223	$7,015
Business Formation Fees	$600	$4,700
Software Expenses	$162	$2,894
Advertising & Marketing Costs	$0	$1,400
Total Startup Costs	$1,135	$23,259

See all startup costs ➜

Case Studies

Perfect timing Security SaaS Hits $12m Revenue, Closes $80m on $500m Valuation last week

It is one of the fastest-growing security solutions targeted at mid-mark...

• $2M/mo

See all success stories ➜

Successful Businesses

Business	URL	Rank
Cloud Monitoring as a Service	datadoghq.com	5,385
Zscaler	zscaler.com	17,615
BlackBerry – Intelligent Security. Everywhere.	blackberry.com	36,978
Web, Email and Network Security Software	gfi.com	52,225
Intego	intego.com	60,537
SC Media	scmagazine.com	75,316
Cybercrime Magazine	cybersecurityventures.com	101,757
Tanium	tanium.com	114,014
Flashpoint	flashpoint-intel.com	153,706
Empmonitor	empmonitor.com	191,557
Pulseway RMM Software	pulseway.com	197,947

See all businesses ➜

Pros & Cons

Pros	Description
Flexibility	You can put as much time into the business as you'd like. If you like the work and have some initial experience, you can start small and manage all aspects of the business on your own.
Ability to start your business from home	It's not necessary to have a physical storefront or office space to get your business started. You can do everything from the comfort of your own home, at least in the beginning!
Little startup costs required	The cost to start a cyberspace security business costs significantly less money than most businesses, ranging anywhere from 62 to 23,259.
Rewarding work	Starting a cyberspace security business can be really rewarding work. After all, you are solving an immediate issue for your customer and you're working on something you truly care about.
Scalable	With businesses and processes changing daily, there will always be demand for new features, products and services for your business. Additionally, there are several different business models and pricing tiers you can implement that will allow you to reach all types of customers.
No overhead costs	To get your cyberspace security business started, there are no costs associated with overhead, storage, packaging, etc. This will save you a lot of time and money!

See all pros ➜

Cons	Description
Crowded Space	Competition is high when it comes to your cyberspace security business, so it's important that you spend a good amount of time analyzing the market and understanding where the demand lies.
Longer Sales Process	A cyberspace security business can be a big time and money investment for your customer, so it's important you plan and predict a longer conversion funnel and stay in communication with potential customers.
Work can be inconsistent	As a cyberspace security business, the amount of work assigned to you and schedule tends to be more inconsistent, which may make your income less stable. It's important to set boundaries and budget accordingly based on the amount of work you plan to have.
Lack of benefits	With a cyberspace security business, you are typically self-employed and responsible for finding your own insurance, which can be quite costly and time-consuming.
Isolation	Often times, as a cyberspace security business, you typically work alone and do not have much face-to-face interaction with other team members.
Taxes	As a cyberspace security business, you typically pay self-employment taxes which can be quite high. It's important to understand what you will be paying in taxes each year so you can determine if the work you're taking on is worth it.

See all cons ➜

Key Stats

Startup Costs

Case Studies

Successful Businesses

5,385

17,615

36,978

52,225

60,537

75,316

101,757

114,014

153,706

191,557

197,947

Pros & Cons