Managed Security Services Market
The Managed Security Services Market was valued around USD 19,698 million in 2020, expanding at a CAGR of 13.6% over the forecast period (2021-2028).
The factors driving the growth of Managed Security Services Market includes rise in the number of cybercrimes, strict regulations imposed by Governments regarding to data protection, growing trend of Bring Your-Own Device (BYOD) and Work from Home (WFH), and increasing demand for customized services around the world. According to the IBM security report
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