Start A Cyber Security Apps Business - Business Ideas

Updated: September 15th, 2022
Start A Cyber Security Apps 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.

In a digitally-driven age, information protection is paramount. A cyber security apps business is positioned to address this need, offering solutions that guard against data breaches and potential cyber threats. In simple terms, this business involves creating innovative and user-friendly software that actively protect individual and corporate data from unauthorised access.

With an increasing number of businesses shifting online, coupled with a rise in remote work, the demand for cyber security is higher than ever. And it's not just corporations that need protection; even average internet users are seeking ways to safeguard their personal information from potential attacks.

Launching a cyber security app business not only aids in combating the specter of cyber crimes, but also provides a lucrative entrepreneurial opportunity in an industry projected to hit $170.4 billion by 2022 globally, according to Gartner. If you have a knack for programming and a passionate understanding of digital security, this might just be the venture for you.

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

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

Key Stats

market size
$45.5B
starting costs
$19.4K
gross margin
83%
time to build
300 days
growth
Organic social media
business model
Subscriptions
time investment
Full time

Startup Costs

Min Startup Costs Max Startup Costs

Office Space Expenses

$0

$7,000

App Creation Costs

$1,099

$20,099

Training & Education Expenses

$0

$1,000

Software Expenses

$162

$2,894

Advertising & Marketing Costs

$0

$7,500

Website Costs

$13

$215

Total Startup Costs

$1,274

$38,708

Successful Businesses

Business URL Rank

Governance, Risk and Compliance (GRC), CyberSecurity Solutions

metricstream.com

73,949

Cyware Labs

cyware.com

127,534

VIPRE

vipre.com

164,881

You are being redirected...

ciol.com

209,831

Cybersecurity Insiders

cybersecurity-insiders.com

254,463

SecLists.Org Security Mailing List Archive

seclists.org

267,890

Cyber Security Hub

cshub.com

323,265

Tessian

tessian.com

325,530

Avatier

avatier.com

376,343

IT Security Guru

itsecurityguru.org

449,085

Secure Communication Channels & Social Media

safeguardcyber.com

506,437

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!

Rewarding work

Starting a cyber security apps 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 cyber security apps business started, there are no costs associated with overhead, storage, packaging, etc. This will save you a lot of time and money!

High customer retention rates

Once a customer invests in your product, they've invested their time and energy to utilize your product/service which is highly valuable to them. Typically, your product or service becomes indispensable to your customer.

Cons Description

Crowded Space

Competition is high when it comes to your cyber security apps business, so it's important that you spend a good amount of time analyzing the market and understanding where the demand lies.

Security Issues

With any Saas business, data loss and security issues may arise throughout your process of building your product. It's critical that you understand exactly what you're responsible for and how to avoid potential issues down the road.

Lack of benefits

With a cyber security apps 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 cyber security apps business, you typically work alone and do not have much face-to-face interaction with other team members.

Taxes

As a cyber security apps 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.

No safety net

Typically, as a cyber security apps business, you do not receive a consistent pay-check and instead earn money based on your transactions each month. During the slow periods, you typically take away less since the job is based on commission. It's important to budget accordingly for the slow times.