The purpose of cybersecurity products and companies is not to sell security. It's to sell the illusion of security to (often incompetent) execs - which is perfectly fine because the market doesn't actually punish security breaches so an illusion is all that's needed. It is an insanely lucrative industry selling luxury-grade snake oil.
Actual cybersecurity isn't something you can just buy off-the-shelf and requires skill and making every single person in the org to give a shit about it, which is already hard to achieve, and even more so when you've tried for years to pay them as little as you can get away with.
It's also selling box checks for various certifications.
Actually there is a significant push to more effective products coming from the reinsurance companies that underwrite cyber risks. Most of them come with a checklist of things you need to have before they sign you at any reasonable price. The more we get government regulation for fines in cases of breaches etc. the more this trend will accelerate.