Cybersecurity Market Expected to be $248.26 billion by 2023

According to a new market research report Cybersecurity Market by Solution (IAM, Encryption, UTM, Antivirus/Antimalware, Firewall, IDS/IPS, Disaster Recovery, and DDOS Mitigation), Service, Security Type, Deployment Mode, Organization Size, Industry Vertical, and Region – Global Forecast to 2023″, published by MarketsandMarkets™, the Cybersecurity Market is expected to grow from USD 152.71 billion in 2018 to USD 248.26 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 10.2% during 2018–2023.

The major forces driving the Cybersecurity Market growth are strict data protection directives and rising cyber terrorism. The Cybersecurity Market is growing rapidly because of the rising need for cloud-based cybersecurity solutions among Small and Medium-sized Enterprises (SMEs).

Browse 99 market data Tables and 68 Figures spread through 244 Pages and in-depth TOC on “Cybersecurity Market by Solution (IAM, Encryption, UTM, Antivirus/Antimalware, Firewall, IDS/IPS, Disaster Recovery, and DDOS Mitigation), Service, Security Type, Deployment Mode, Organization Size, Industry Vertical, and Region – Global Forecast

... read more at: http://www.darkreading.com/threat-intelligence/cybersecurity-market-expected-to-be-$24826-billion-by-2023/d/d-id/1332888

by