#NetworkSecurityMarket
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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.
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The Cloud Network Security Market is expected to register a CAGR of nearly 14.40% during the forecast period (2021-2026). Greater penetration of cloud solutions across various industry verticals and coupled with the advent of IOT drives the market.
#CloudNetworkSecurityMarket#networksecuritymarket#securitysoftwaremarket#cloudsecuritymarketleaders#cloudsecuritymarketgrowth#cloudmanagednetworkmarket#cloudsecuritymarket
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