Title: Cyber Security Market - Forecast(2022 - 2027)
1Cyber Security MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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- Cyber Security Market size is forecast to
reach 177.5 billion by 2026, estimated to grow
at a CAGR of 8.5 during 2021-2026. - The increasing use of technology such as
artificial intelligence, IoT, machine learning
and so on are significantly driving the
cybersecurity market. - The aerospace and defense industry are prone to
cyber-attack due to its continuous exposure to
non-AD, OT-based technologies. - Thus, this industry is adopting advanced
cybersecurity solution to enhance protection
against cybercrime.
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- Key Takeaways
- In 2020, the Cyber Security market was dominated
by North America owing to the increasing use of
prevalent technology which has raised the risk of
cyber threat leading to the need for
cybersecurity solutions. - The rising demand for cloud-based cybersecurity
solutions in order to store and secure data
during data loss or data breaches has driven the
growth of the market. - The rapid advancement of artificial intelligence
leading to the introduction of technologies such
as machine learning and deep learning which will
enhance the growth of the market.
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Cyber Security Market Segment Analysis By
Deployment Cloud segment held the largest market
share of 53.1 in the Cybersecurity market in
2020. The growing of massive store applications
in order to store and secure data with advanced
security methods are driving the need for
cloud-based security solutions. As cloud-based
cybersecurity solutions offers social networking
privacy, online storage, system optimization and
so on. Furthermore, the rising demand for online
cloud storage leads to provide backup and
restorations of data caused due to data breaches
or data loss.
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Cyber Security Market Industry Outlook AWS Check
Point Software Technologies NTT Security Cisco
Systems CyberArk FireEye IBM Corporation Oracle
Microsoft Juniper Networks
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Cyber Security Market- Forecast(2022 -
2027) Learn More About the Report _at_
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curity-market.html
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- Analyst Briefing
- Data Tables
- Key Contacts
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