Big Data Security Market estimated at USD 18.3 billion in 2021 to reach USD 54.1 billion in 2029

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.