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The increasing incidence of massive cyber-attacks is a key factor driving the growth of the cybersecurity services market, as per The Business Research Company’s cybersecurity services market opportunities and strategies report.

The cybersecurity services market is expected to reach $91.09 billion in 2023 at a rate of 8.0%. The market is expected to grow at a CAGR of 10.4% to nearly $110.99 billion by 2025, and at a CAGR of 10.4% to $182.32 billion by 2030.

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Major players in the cybersecurity services market include International Business Machines Corporation, Microsoft Corporation, Oracle Corporation, Palo Alto Networks, Inc., Cisco Systems, Inc.

Leveraging Artificial Intelligence (AI), machine learning and blockchain technologies for cyber defense is a key trend in the cybersecurity services market. Cybersecurity service providers integrate AI and machine learning principles into their solutions to tackle crucial hyper-connected workplace risks, with quicker identification, prevention and responsive capabilities. Advances in technology, such as AI and machine learning, turn the tables against cybercrime

The Global Cybersecurity Services Market Is Segmented:
By Security Type: Network Security, Endpoint Security, Application Security, Cloud Security, Others

By User Type: Large Enterprises, Small And Medium Enterprises

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

TBRC’s Cybersecurity Services Market Report Covers:

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Cybersecurity Services Market Report 2022 – Opportunities And Strategies – Global Forecast To 2030 is one of a series of new reports from The Business Research Company that provides thorough cybersecurity services market research, analyzes and forecasts cybersecurity services market size, cybersecurity services market share, cybersecurity services market players, cybersecurity services market trends, cybersecurity services market segmentation and geographies, leading competitor revenues, profiles and market shares.

TBRC’s cybersecurity services market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

The cybersecurity services market consists of sales of cybersecurity services and related products by entities (organizations, sole traders and partnerships) that provide cybersecurity services to individual customers and businesses. Cybersecurity is the practice of protecting networks, computers, programs, mobile devices, hardware, electronic systems and data from unauthorized and/or unintended access or malicious attacks. It is also known as electronic information security and information technology security.

View Similar Reports From The Business Research Company:

Cybersecurity Global Market Report 2022

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