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Tag: compound annual growth rate (CAGR)


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Managed security services market worth $49.6 billion by 2027, report says

November 15, 2022SSN Staff

CHICAGO – An exclusive report by MarketsandMarkets has predicted the growth of the managed security services market to an estimated $49.6 billion by 2027. The research firm expects the growth from $27.7 billion in 2022 at a compound annual growth rate (CAGR) of 12.3 percent. Conjecture as to factors driving the market growth include an increased use of cloud-based technology and IoT devices in enterprises, as well as a growing demand for cost-effective security services to monitor security...

Avertium, cloud-based technology, compound annual growth rate (CAGR), IBM, Internet of Things (IoT), managed security services, Marketsandmarkets, Proficio


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