The cyber security market is projected to reach $258.99 billion by 2025, growing at a CAGR of 11.9%. Cyber security also referred to as Information Technology (IT) security, emphasize on safeguarding computers, programs, networks, and data from unlicensed or spontaneous access. As cyber threats have gained importance, security solutions have progressed as well. Factors such as rise in malware and phishing threats, and growth in adoption of IoT and BYOD trend among organizations, are driving the cyber security industry growth.
Read MoreThe mobile payment market was valued at $601 billion in 2016, and is projected to reach $4,574 billion by 2023, according to a new report published by Allied Market Research.
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