Israel Claims $3B in Cyber Exports; 2nd Only to US

Netanyahu: 'We Have a Land Flowing With Milk and Cyber'

Jun. 20, 2014 - 03:19PM | By BARBARA OPALL-ROME

HERZLIYA, ISRAEL — Israeli exports of cyber-related products and services last year reached $3 billion, some 5 percent of the global market and more than all other nations combined apart from the United States, according to Israel’s National Cyber Bureau (NCB).

Officials here say the latest data, cited last week at an international conference here and presented in detail at a closed briefing of the Israeli Cabinet in late February, clearly ranks Israel as the second leading cyber exporting nation.

“As far as industry goes, Israel is a superpower indeed,” Tal Steinherz, NCB chief technology officer, told participants at a June 9 session of the annual Herzliya Conference here.

“Our part of the international market equals the entire world apart from the United States... We’re talking 5 percent of all world exports,” he said.

Itzik Ben-Israel, a retired major general who chaired a high-level task force that pushed to establish the NCB, said Israel aspires to 10 percent of the global market in less than five years.

By then, MarketsandMarkets, a Dallas-based research and consulting firm, estimates the global market to grow beyond $150 billion.

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