Cyber Security Market - Forecast(2020 - 2025)
The Cyber Security Market is growing at a CAGR of 11.9% during the forecast period 2019-2025. Telecom sector being highly prone to cyber-attack, is considered as the major end-users for cybersecurity market. Approximately, 43% of Telecom organization suffered from DNS-based malware in 2018. Thus, telecom organizations are adopting advanced cyber security solutions such as real-time security monitoring, instant cyber posture visibility, and rapid threat resolution to prevent the cyber-attack on telecom networks. Along with the telecom sector, the aerospace industry is considered to be another key end-users to cyber security market. The aerospace and defense industry are prone to cyber-attack due to its continuous exposure to non-A&D, OT-based technologies. Thus, this industry is adopting advanced cybersecurity solution to enhance protection against cybercrime. In recent time, the aerospace companies are planning to invest in upgrading the traditional system development processes ...