Cyber Security Market to 2025
Huge and confidential data requires highest level of protection. Currently Big Data, predictive analysis trending in
various industries; data generation, storage and transfer have undoubtedly became the word of businesses today.
These technology trends are here to stay in the coming years and thus have become the primary drivers for the
growth of this market. Additionally, Government regulation on data privacy and growing number of cyber threats
are the revenue generators for the Cyber Security market. Also, rise in the usage of mobile devices, cloud and
digitization have contributed on cyber security awareness. Furthermore, the rising scope of BYOD in companies is
also driving this market.
The growth of the cyber security considering the advantages it offers hasn’t been so smooth and has faced with
certain restraining factors. The primary restraint to the growth of this market is the lack of awareness about cyber
security. The other factor that limits the growth to this market is the availability of pirated security software and lack
of talented security professionals in organizations. Ban on piracy and strict actions taken by Government on piracy
could be conducive to reduce the effect of that factor.
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