Pune, India, June 14, 2022 (GLOBE NEWSWIRE) — The global Cyber Security Market Size is projected to reach USD 376.32 Billion by 2029, from 139.77 Billion in 2021, at a Compound Annual Growth Rate (CAGR) of 13.4% during the forecast period. Fortune Business Insights has presented this information in its report titled, “Global Cyber Security Market Share, 2022-2029”.
Emerging online e-commerce platforms and the introduction of essential technologies such as the internet of things (IoT), cloud security, artificial intelligence (AI), and others are driving the market. The development of internet security solutions based on AI platforms is a top priority for key industry competitors.
Cyber Security Industry Developments-
- February 2020: GE Healthcare introduced an AI-based network security service to connect AI, medical devices, and process management tools and help hospitals to evade It threats.
- July 2021: To expedite DevSecOps, Fortinet, Inc. purchased application security innovator Skenai. Sken.ai offers comprehensive testing for all major languages and frameworks, as well as all types of scans (SAST, DAST, SCA, Secrets, and more). Machine learning (ML) is…
