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The global cyber security as a service market is expected to see rapid growth in the next few years, reaching a size of $246.96 billion by 2028. This growth can be attributed to the increasing number of data breaches and cyber-attacks, government initiatives, and the rising adoption of cloud security solutions. Major companies in this market include Microsoft, IBM, Cisco Systems, and Oracle. Other trends in the market include the adoption of innovative technologies and the impact of emerging technologies.