Cyber Security Market - Forecast(2022 - 2027)

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Cyber 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. Furthermore,
  the increasing demand for cloud-based
  cybersecurity systems in order to reduce data
  loss are also enhancing the growth of the market.
  
• The rising demand for network and endpoint
  security, information technology security mobile
  security, behavioral detection is fueling the
  growth of the market during the forecast period.
• The telecom organizations are adopting advanced
  cyber security solutions such as real-time
  security monitoring, instant cyber posture
  visibility, and rapid threat resolution to
  prevent the cyber-attack on telecom networks.

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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.
• The rising security threats due to the increasing
  use of Blockchain systems and IoT threats are
  making difficult to detect cyber-attacks which is
  hampering the market growth.

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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. These significant advantages of
cloud technology will lead to surge the growth of
the market.
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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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• Analyst Briefing
• Data Tables
• Key Contacts
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