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The market for cybersecurity is currently valued at $156.24 billion in 2020 and is expected to reach $352.25 billion by 2026, registering a compound annual growth rate of 14.5%. The Asia-Pacific region is the fastest-growing market for cybersecurity. This rapid expansion has opened 3.5 million new vacancies globally for cybersecurity professionals in 2021. There is surging demand for IT professionals across the world who are trained in securing networks and databases, handling access management systems, and performing periodic audits to ensure data security.
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