Reports And Data
Cyber Security Market Size – USD 148.1 billion in 2018, Market Growth – CAGR of 8.9%, Market Trends –Increasing demand for cloud based solutions.
NEW YORK, NY, UNITED STATES, December 30, 2021 /EINPresswire.com/ — The major contributing factor for the growth of the market for Cyber Security can be the focus of enterprises and government for secured sharing of information. For more secured sharing, it is necessary to use appropriate cyber security solutions.
The Cyber Security market is expected to grow from USD 148.1 billion in 2018 to USD 267.7 billion by 2026, at a CAGR of 8.9% during the forecast period. Focus of enterprises and government for secured sharing of information, rise in digitized workplaces & mobile workforce, increasing number of supply chain-based attacks damaging the software supply chain, strict government norms regarding security of data, increasing demand for cloud based solutions, increase in the Ecommerce penetration across industry verticals and emergence of AI, machine learning and block chain technologies for cyber defense are some of the driving factors…
