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Small and Medium Enterprises Driving Cyber Security Market Demand

The Cyber Security Market is experiencing strong growth in the small and medium enterprise (SME) segment as businesses increasingly rely on digital operations. SMEs are particularly vulnerable to cyberattacks due to limited in-house IT security expertise and resources. Rising awareness about data breaches, ransomware attacks, and phishing scams is pushing SMEs to invest in cyber security solutions to safeguard their operations and maintain customer trust. Cloud-based security solutions and cybersecurity-as-a-service offerings are gaining popularity as cost-effective options for these businesses.

The adoption of mobile devices, IoT, and e-commerce platforms among SMEs is also driving the need for robust security solutions. Organizations are seeking comprehensive security frameworks that include endpoint protection, network security, vulnerability management, and threat intelligence. Managed service providers (MSPs) are playing a crucial role in supporting SMEs by offering customized security solutions tailored to their operational scale and budget.