Cybersecurity Market By Global Industry Size, Share, Trends, Opportunity and Forecast 2025 | TechSci Research
Global cybersecurity market is projected to reach $ 152 billion by 2025 on account of increasing threats of cyber-attacks and data breaches faced by organizations, which has drastically increased the need for strong authentication techniques and cybersecurity solutions. Additionally, increasing use of advanced technologies such as AI, IoT, machine learning, blockchain, among others, for providing cybersecurity solutions is expected to fuel the market growth in the coming years. Furthermore, supportive government policies & schemes across the globe are expected to further foster the market growth. However, the need to adhere to the cybersecurity standards and regulations can also hamper the market growth over the next few years. Besides, shortage of skilled cybersecurity professionals and high cost of cybersecurity solutions can further restrict the market growth since many organizations face budget constraints, especially the SMEs. The global cybersecurity market is segmented base...