The global security as a service (SECaaS) market is projected to grow at a compound annual growth rate of 14.5% from 2023-2028, reaching US$ 33.0 billion by 2028. Factors driving this growth include rising demand for cloud-based security, growing online threats, compliance regulations, COVID-19-induced remote work security concerns, and technological advancements in the sector. Large enterprises and the financial and government sectors are key adopters of SECaaS.
Report on ENISA’s Threat Landscape for 5G Networks
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