Global Big Data Security Market to Reach $83.8 Billion by 2030
The global market for Big Data Security estimated at US$72.9 Billion in the year 2023, is expected to reach US$83.8 Billion by 2030, growing at a CAGR of 2% over the period 2023-2030. Big Data Security Software, one of the segments analyzed in the report, is expected to record 1.6% CAGR and reach US$54.4 Billion by the end of the analysis period. Growth in the Big Data Security Services segment is estimated at 2.7% CAGR for the next 7-year period.
The U.S. Market is Estimated at $19.4 Billion, While China is Forecast to Grow at 5.1% CAGR
The Big Data Security market in the U.S. is estimated at US$19.4 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$18.6 Billion by the year 2030 trailing a CAGR of 5.1% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at -0.1% and 0.3% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 0.3% CAGR.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook