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The European Cyber Security Market is expected to grow at an impressive rate during the forecast period. The European Cyber Security Market is driven by the General Data Protection Regulation (GDPR) compliance, 2017/679 for ensuring data safety and privacy.
Additionally, growing number of cyber security projects initiated by the government and major vendors operating in the market is expected to fuel the market growth through 2026. Furthermore, the advent and widespread adoption of advanced technologies such as AI, machine learning, blockchain, among others for ensuring cyber security is expected to create lucrative opportunities for the market growth during the forecast period.
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Australia Cyber Security Markets Forecast & Opportunities, 2021-2026: Network Security, Endpoint Security, Application Security, Cloud Security, Content Security - ResearchAndMarkets.com
on February 12 2021 2:27 AM
The Australian Cyber Security Market is expected to grow at an impressive rate during the forecast period.
The Australian Cyber Security Market is driven by the growing cyber security concerns from both internal and external sources within organizations. This has drastically increased the demand for organization security solutions in order to minimize the damage to the IT resources and important organizational data. This in turn is expected to positively impact the market growth during the forecast period.