Cybersecurity Services Market Worth $158.4 Billion by 2030
Herald Keeper – Meticulousresearch
In 2023, the network security segment is expected to account for the largest share of the global cybersecurity services market. The large market share of this segment is attributed to the rising adoption of network services and an increase in the number of malware attacks on enterprise networks. However, the cloud security segment is projected to register the highest CAGR during the forecast period. The high growth of this segment is attributed to the rising need to protect data and connected devices from cyberattacks, malware, hackers, and unauthorized user access through cloud-based security services and the increasing demand for advanced threat detection services across industries. In 2023, the large enterprises segment is expected to account for the larger share of the global cybersecurity services market. In 2023, the BFSI segment is expected to account for the largest share of the global cybersecurity services market. However, the healthcare segment is projected to register the highest CAGR during the forecast period. The high growth of this segment is attributed to the surge in patient data security & privacy concerns, the rising need to improve patient safety, and the increasing demand for cybersecurity services due to the growing adoption of remote health monitoring. In 2023, North America is expected to account for the largest share of the global cybersecurity services market. North America’s large market share is attributed to the increase in government initiatives promoting cybersecurity across the region, increasing cyberattacks on IoT devices and regional market players’ efforts to provide application scanning services for municipal agencies. However, Asia-Pacific is expected to register the highest CAGR during the forecast period.
Link: https://heraldkeeper.com/market/cybersecurity-services-market-worth-158-4-billion-by-2030-2637215.html