“Grand View Research, Inc. – Market Research And Consulting.”
According to a new report published by Grand View Research, the introduction of advanced cyber security solutions, increasing cost of data breaches, emerging enterprise mobility trends, and stringent government regulations are some of the factors expected to drive the market growth.
Cyber Security Industry Overview
The global cyber security market size was valued at USD 184.93 billion in 2021 and is projected to reach USD 500.70 billion by 2030, registering a CAGR of 12.0% from 2022 to 2030.
The increasing number of cyber-attacks with the emergence of e-commerce platforms, deployment of cloud solutions, and proliferation of smart devices are some of the factors driving the growth market. Cyber threats are anticipated to evolve with the increase in usage of devices with intelligent and IoT technologies. As such, organizations are expected to adopt and deploy advanced cyber security solutions to detect, mitigate, and minimize the risk of cyber-attacks, thereby driving the market growth.
Gather more insights about the market drivers, restrains and growth of the Global Cyber Security market
Cyber security experienced…
