ResearchAndMarkets.com now has the research “Cloud Data Security Market – Global Industry Analysis (2019 – 2021), Growth Trends, and Market Forecast (2022 – 2029)”.
The global market for cloud data security, which was valued at over US$2.5 billion in 2019, is now expected to expand to US$13.2 billion by 2029, with a CAGR of 15.9%. The global market for cloud data security is expanding as a result of a major uptick in high-profile data breaches and rising cloud usage by several organizations.
Further driving the demand for cloud data security solutions is the growing trend of using cloud platforms to store data. The analyst provides a broad overview of the global market for cloud data security, revealing the projected growth trajectory over the predicted time frame.