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Global Big Data Security Market (2020 to 2026) - Growing Demand for Big Data from SMEs Presents Opportunities

Share this article Share this article ResearchAndMarkets.com s offering. In the post-COVID-19 scenario, the global big data security market is projected to grow from USD 17,558 million in 2020 to USD 35,364 million by 2026, recording a Compound Annual Growth Rate (CAGR) of 12.4% from 2020 to 2026. By deployment, the cloud segment is estimated to hold a larger market size than the on-premises segment in 2020 Unlike traditional on-premises deployment mode, cloud-based big data security solutions provide with a cost effective approach for the enterprises across various industry verticals to enhance security. Pricing is one of the major differentiating factors in the adoption of cloud-based security solution over on-premises security solutions. Growing virtualization across industries and adoption of cloud computing is promoting the demand for cloud-based big data security solutions in various countries.

Global Big Data Security Market (2020 to 2026) - Growing Demand for Big Data from SMEs Presents Opportunities

Global Big Data Security Market (2020 to 2026) - Growing Demand for Big Data from SMEs Presents Opportunities
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Global Cloud Security Posture Management Market (2020 to 2026) - Migration to Cloud Presents Opportunities

Share this article Share this article ResearchAndMarkets.com s offering. The global Cloud Security Posture Management (CSPM) market size in the post-COVID-19 scenario is projected to grow from USD 4.0 Billion in 2020 to USD 9.0 Billion by 2026, at a CAGR of 14.4% during the forecast period. An increase in misconfiguration and lack of security tools and processes have contributed to the growth of the CSPM market. By component, the services segment expected to grow with the fastest growing CAGR during the forecast period Consulting, deployment, maintenance, and managed services (as-a-service) are considered in the CSPM services segment. Services aim at training and developing expertise, providing timely upgradations to the solution, and helping customers integrate these with other Information Technology (IT) solutions. With the increasing adoption of CSPM solutions across organizations, the demand for supporting services is also expected to increase among organizations.

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