Cloud Security Market to Reach $125.8 Billion, Globally, by 2032 at 13.6% CAGR: Allied Market Research
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The global cloud security market is expected to grow at a CAGR of 13.6%, reaching $125.8 billion by 2032, according to a survey by Allied Market Research. Key drivers include increasing cyber-attacks, growing reliance on cloud-based services, and rising demand for managed security services. However, lack of awareness about cloud security, high costs, and strict regulations might impede growth.