As per the report published by Allied Market Research, the global cyber security market is projected to reach $304.91 billion by 2027, registering a CAGR of 9.4% from 2020 to 2027. The report highlights market characteristics, market potential, and growth by segmentation, and competitive landscape. Increase in malware and phishing threats among enterprises, rise in demand for …
Tag Archives: Cyber Security Market Growth
Cyber Security Market Growth Focusing on Trends & Innovations During the Forecast Period 2021-2030
Emergence of IoT & BYOD, surge in malware and phishing threats among enterprises, and rise in demand for cloud-based solutions propel the growth of the global cyber security market. However, complexities regarding device security and tight budgets restrain the market growth. Contrarily, rise in requirements regarding strong authentication methods and rise of the antivirus industry …