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The cybersecurity industry is experiencing rapid growth, driven by an increasing number of sophisticated cyber threats, regulatory demands, and the digital transformation of businesses. There's a strong emphasis on proactive defense, automated response, and integrated security solutions like XDR. The market is highly competitive, with a growing demand for managed services due to a shortage of skilled cybersecurity professionals and the complexity of managing in-house security operations. Compliance and cyber insurance enablement are significant drivers for adoption.