Iraq Cyber Security Market Expected to Grasp the CAGR of 6.3% by 2029

 The demand for cyber security is growing and will also grow in the future. Data Bridge Market Research analyses that the Iraq cyber security market will grow at a CAGR of 6.3% from 2022 to 2029.

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Iraq Cyber Security Market Analysis and Insights

Cyber security protects internet-connected systems such as hardware, software and data from cyber threats and breaches. Increased cloud services cyber security solutions and the advent of remote working culture are driving the market. However, the rise in cyber security threats and ransomware in cyber security solutions may restrain the growth.

Market Definition

Cyber security protects internet-connected systems such as hardware, software and data from cyber threats and breaches. Individuals and enterprises use the practice to protect against unauthorized access to data centres and other intelligent systems. A successful cybersecurity approach has multiple layers of protection spread across the computers, networks, programs, or data one intends to keep safe.

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Covid-19 Impact on Iraq Cyber Security Market

COVID-19 has positively affected the Iraq cyber security market. Due to COVID-19, cybercrime and cybersecurity issues increased by 600% in 2020. Flaws in network security are a weakness that hackers exploit to perform unauthorized actions within a system. According to Purple Sec L.L.C., in 2018, mobile malware variants for mobile have increased by 54% 2018, out of which 98% of mobile malware target Android devices. 25% of businesses are estimated to have been victims of crypto-jacking. Various companies also include the security industry.

Iraq Cyber Security Market Scope

The cyber security market is segmented on the basis of the offering, application, security type, deployment model, enterprise size and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.


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