Cybersecurity Market to Grow 15% between 2020 and 2026
According to market research group Global Market Insights, the cybersecurity market surpassed $150 billion in 2019 and is poised to grow more than 15 percent between 2020 and 2026. The industry growth is attributed to increasing demand for robust and secure networks by enterprises for safe data accessibility.
As enterprises are migrating their core businesses to digital platforms, the requirement for cyber security policies and initiatives to address the increasing incidents of data breaches is growing rapidly, boosting the market demand.