Cloud Network Security Market to exceed $19.3 Bn by 2032, Says Global Market Insights Inc. [Yahoo! Finance]
Cisco Systems, Inc. (CSCO)
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Source: Yahoo! Finance
Selbyville, Delaware, May 22, 2024 (GLOBE NEWSWIRE) -- The cloud network security market valuation is predicted to cross USD 19.3 billion by 2032, as reported in a research study by Global Market Insights Inc. According to Forbes, the escalating reliance on digital technologies has led to a surge in cybercrime globally. In 2023, cyberattacks witnessed a significant spike, affecting over 343 million individuals. Data breaches surged by 72% between 2021 and 2023, surpassing previous records. Organizations worldwide are investing in advanced security measures to safeguard their sensitive data and digital assets from malicious threats. In parallel, digital transformation initiatives, remote workforce trends, and increased connectivity through IoT devices have underscored the critical need for comprehensive cloud network security measures. Integration of artificial intelligence and automation, along with the adoption of identity and access management solutions within cloud environme
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CSCO
Earnings
- 5/15/24 - Beat
CSCO
Sec Filings
- 6/14/24 - Form 4
- 6/14/24 - Form 4
- 6/14/24 - Form 4
- CSCO's page on the SEC website