Cyber Security Market
Solid network design has always been a priority for companies. But in today’s business operating environment it’s now important to expand that focus to include network design and security. Shortcomings in secure network design put you at risk of being exploited, and the estimated $500 billion in cyber crime globally to date speaks to the extent of that risk.
At SecureTab, we have a strong understanding of the cyber security market and how it dictates the best approaches to network design and security.
The world cyber security market is expected to see a CAGR (cumulative annual growth rate) of more than 10% between now and 2026. It is expected that much of that growth stimulus will be attributed to the widespread adoption of cloud-computing approaches to corporate data security management. The drastic rise seen in overall investment in cyber security services as part of network design and security is a natural outcome of this.
Reliance on cloud-integrated software magnifies the risk of cyber crime, and data breach cyber attacks in particular. This is spurring businesses and corporations to improve security against cyber attacks and pushing a shift from free service to paid service adoption. The aim being to get more detailed and effective cyber security protection.
The role of AI in cyber security development needs to be highlighted as well. Using AI for predicative analysis of cyber threats and attacks shows great potential for predicting fraudulent activities online and preventing them more effectively. Increased adoption of AI-integrated software has contributed to the cyber security market growth in a big way, and responsive network design and security have gone along with it.
We agree with the general industry consensus that cybersecurity market growth will be backed by high demand for cybersecurity services and proven effective cyber security applications. Plus, the need for software security in notable industry verticals where the security aspect of network design and security needs to be as solid as possible.
Our Market Covers:
Small Business
Need convincing of the need for cyber security solutions, even for a small business? How about this – small businesses are the target of 43% of cyber attacks and the average monetary loss per attack in North America is. Read more …
Medium-Sized Business
Cyber security is just as important a need for small-to-medium sized businesses as it is for corporations and the like. Consider this, 70% of all global cyber attacks don’t focus their attack on governmen Read more …
Large Business
Larger businesses face certain types of cyber security risks to a greater extent. As an example, a corporation will have greater numbers of employees who have access to the company’s databases. Read more …
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