Cyber Security Market Worth Dollar 155 74 Billion By 2019

24 2020 globe newswire the global cyber security market value is expected to reach usd 281 74 billion by 2027 from its current standing at usd 112 01 billion.

Cyber security market worth dollar 155 74 billion by 2019. The cyber security market is estimated to grow from 95 60 billion in 2014 to 155 74 billion by 2019 at a compound annual growth rate cagr of 10 3 from 2014 to 2019. The europe cyber security market is expected to grow to 35 53 billion by 2019 with an expected cagr of 7 2 for the period 2013 2019. This market contributes 26 95 of the global market and will. The global cyber security market value stood at usd 112 01 billion in 2019 and is projected to reach usd 281 74 billion by 2027 exhibiting a cagr of 12 6 during the forecast period from 2020 to 2027.

The cyber security market is estimated to grow from 95 60 billion in 2014 to 155 74 billion by 2019 at a compound annual growth rate cagr of 10 3 from 2014 to 2019. In the current scenario aerospace defense and intelligence vertical continues to be the largest contributor to cyber security solutions.