Incident Response Market Size Expected to Reach USD 69.96 Billion at CAGR of 17.91%, By 2028
The rise in security breaches with increasing incidences of money laundering, cyber terrorism, fraud, hacking, and identity theft across enterprises, is stimulating market growth.
#Market Size – USD 18.81 Billion in 2020, Market Growth – CAGR of 17.91%, Market Trends – Increasing growth of IoT, big data, cloud computing, and BYOD.
The incident response market size is projected to reach USD 69.96 Billion, from USD 18.81 Billion in 2020, exhibiting a CAGR of 17.91% through 2028, according to a new report by Reports and Data. The rising incidence of security breaches, cyber terrorism, money laundering, hacking, identity theft, and others across enterprises is fuelling the demand for #incident response solutions to combat these attacks.
Hugh Taylor
Hugh Taylor is a Certified Information Security Manager (CISM). In addition to editing Journal of Cyber Policy, he writes about cybersecurity, compliance and enterprise technology for such clients as Microsoft, IBM, SAP, HPE, Oracle, Google and Advanced Micro Devices. Prior to launching his freelance writing career, he served in executive roles at Microsoft, IBM and several venture-backed technology startups.