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2024-02-08 15:43:59

EIN News on Nostr: Cyber Security Market Demand and Future Scope with Key Players Analysis - Accenture, ...

Cyber Security Market Demand and Future Scope with Key Players Analysis - Accenture, Broadcom Inc., Capgemini, Cognizant
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The global cyber security industry generated $197.36 billion in 2020 and is anticipated to generate $478.68 billion by 2030, witnessing a CAGR of 9.5% from 2021 to 2030. Rise in malware and phishing threats among enterprises, increase in adoption of IoT and BYOD trend, and surge in demand for cloud-based cybersecurity solutions drive the growth of the global cyber security market. North America held the highest market share in terms of revenue in 2021, accounting for nearly one-third of the global cyber security market revenue. The Asia-Pacific region is expected to witness the fastest CAGR of 11.0% from 2021 to 2030 and is likely to dominate the market during the forecast period. Leading market players include Accenture Inc., Cognizant, FS, Inc., HCL Technologies Ltd., L&T Technologies Services Ltd., Tata Consultancy Services Limited, and Tech Mahindra Limited.

#CyberSecurity #MarketAnalysis #Accenture #BroadcomInc. #Capgemini #Cognizant

https://www.einnews.com/pr_news/687081783/cyber-security-market-demand-and-future-scope-with-key-players-analysis-accenture-broadcom-inc-capgemini-cognizant
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