Cybersecurity presently plays a vital role as it allows organizations to detect, monitor, report, and counter cybercrimes and sensitive data theft. Cybersecurity services are in demand among various industries, which include BFSI, IT, retail, healthcare, government, manufacturing, and others.
According to Fortune Business Insights, the global cyber security market is expected to hit $376.32 billion, growing at a CAGR of 13.4% between 2022 and 2029. The increasing number of e-commerce platforms and the rising integration of machine learning, internet-of-things, and cloud should fuel the industry's growth during the forecast period.
