The global cyber security market size was valued at USD 153.65 billion in 2022. The market is projected to grow from USD 172.32 billion in 2023 to USD 424.97 billion in 2030, exhibiting a CAGR of 13.8% during the forecast period.
The Cyber Security Industry Scope and Overview Report for 2024 presents a detailed analysis of the latest trends in the global Cyber Security Industry. The report covers new product launches, market contributions, partnerships, and mergers during the forecast period. It provides a comprehensive overview of the market, including market segmentation, and highlights the characteristics of the global Cyber Security Industry.
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FAQs
What was the Cyber Security Industry size in 2024?
What is the Cyber Security Industry growth rate?
The Cyber Security Industry market is expected to grow at a CAGR during 2024-2030.
What are the key technology trends impacting the Cyber Security Industry?
Driver: Increasing Rate of Recovery of Financial Losses to Stimulate Cyber Security Industry Growth
The increase in rate of recovery of financial losses is anticipated to augment the growth of the Cyber Security Industry within the estimated period. Cyber Security Industry helps all organizations and enterprises mitigate losses from a variety of incidents that take place every day, from a data breach involving sensitive customer information to network damage and disruption.
