Data Diode Security Products Market to Witness Huge Growth by 2027 with Top Key Players are Bae Systems, Belden Incorporated, Deep Secure and Fibersystem
iCrowd Newswire
10 May 2021, 21:09 GMT+10
According to our latest market study on Data Diode Security ProductsMarket Forecast to 2027 – COVID-19 Impact and Global Analysis – by Type (Non-Ruggedized Data Diode and Ruggedized Data Diode), Application (Government, Oil & Gas, BFSI, and Others), the market was valued at US$339.0million in 2019 and is projected to reach US$ 430.5 million by 2027; it is expected to grow at a CAGR of 4.6% from 2020 to 2027.
APAC led the data diode security products market in 2019, with a market share of 32.6%, followed by Europe and North America. APAC region is constantly being targeted by cybercriminals, due to the constant growth in digital transformation as well as a rising source of vulnerability from mounting IoT connectivity. The growing cyber threat in the APAC region is majorly due to the