Big Data Security Market estimated at USD 18.3 billion in 2021 to reach USD 54.1 billion -1077lakefm

Gmi Research10 Mar, 2023Technology

Big Data Security Market size was estimated at USD 18.3 billion in 2021 and is expected to reach USD 54.1 billion by 2029, expanding at a CAGR of 14.5% over the forecast period 2022-2029 attributed to growing concerns related to data security. Primary factors driving big data security market are rising number of target-based cyber-attacks, huge volumes of data generated by businesses and expansion in the Information Technology (IT) sector. Nowadays, number of target-based data breaches are increasing frequently.