Cyber Security Market Is Expected To Witness High Demand For Cloud-Based Applications As Government Organizations Till 2024: Grand View Research, Inc

Cyber Security Market Is Expected To Witness High Demand For Cloud-Based Applications As Government Organizations Till 2024: Grand View Research, Inc: Cyber Security,Cyber Security Industry,Cyber Security Market Growth,Cyber Security Market Analysis,Cyber Security Market Forecast,Cyber Security Market Size,Cyber Security Market Share,Cyber Security Market Report,Cyber Security Market Research

Global Cyber Security Market is expected to reach USD 205.51 billion by 2024, according to a new report by Grand View Research, Inc. The dependence of enterprises on information technology and sensitive nature of digitally stored data has raised the stake for cyber-attackers with financial gain becoming a primary motive. 

Solution providers are indulging in research and development to develop next-generation security solutions. For instance, Science Applications International Corporation (SAIC) has developed an innovative cybersecurity technology that helps government protect critical data, mitigate risks, and establish a comprehensive defence against cyber-attacks. There is also a greater emphasis on the intelligence-led security as conventional security technologies, such as web, content management and network security, are failing to deliver the tracking of security incidents.