Market Size of Proactive Security Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 14.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Proactive Security Market Analysis
The proactive security market was valued at USD 20.81 million in 2020 and is expected to reach USD 45.67 million by 2026, at a CAGR of 14% over the forecast period 2021 - 2026. Businesses are integrating proactive approach, in which they act to prevent any dangers before they occur. A large number of enterprises are thus opting for proactive security solutions over reactive security solutions.
- Evolving data breaches leading to high costs of recovery and increasing number of connected devices across enterprises, owing to BYOD trend and IoT implementation, have encouraged enterprises to shift from reactive to proactive security solutions.
- With enterprises undergoing a digital transformation, stringent regulations, like GDPR, PCI DSS, and others, are being imposed to safeguard IT systems from data breaches. Regulations and compliances mandate enterprises to adopt effective security solutions, and thereby support the growth of proactive security solutions.
- The need for proactive security is, furthermore, expected to be complemented by the increasing number of security breaches, cyber-attacks. In addition to this, increasing penetration of cloud technology will boost the demand for proactive security.
