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The global CIEM market size is projected to grow from USD 1.2 billion in 2023 to USD 7.5 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 44.2% during the forecast period. The growth of the CIEM market is driven by factors such as increasing cloud adoption, increased cyber threats across the cloud, and the need to manage and monitor complex dynamic multi-cloud environments. There is a significant demand for CIEM across verticals such as BFSI, healthcare, IT and ITeS, among others.
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