Dec 18, 2023
The global network security market size reached US$ 35.4 Billion in 2023. By 2032, it will reach a value of US$ 125.8 Billion, growing at a
The global network security market size reached US$ 35.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 125.8 Billion by 2032, exhibiting a growth rate (CAGR) of 14.9% during 2024-2032. The growing incidences of cyber threats and data breaches, rising adoption of the Internet of Things (IoT) devices, and stringent data protection regulations and compliance standards are some of the major factors propelling the market.