Global cyber security market predicted to grow at 15.5% through 2022
Allied Market Research (www.alliedmarketresearch.com) has published a report on the global cyber security market for the forecast period of 2016 – 2022. A compound annual growth of 15.5% is registered in the forecast period, notes the research group. The market will accrue a whopping $198 billion by 2022.
Government and agencies have a long way to go before settling at a cyber security technology that can protect them from growing cyber threats, according to Allied Market Research. It would not come as a surprise if the world faces another wave of cyber violence, adds the research group.
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