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By 2020, the global public cloud services market will reach $266.4 billion, up from $227.8 billion in 2019. Data security and regulatory compliance has been a key concern that has held Australian businesses back from moving to the cloud. The number of organisations that have suffered a data breach that involved the loss or theft of 1,000 or more records has grown: in 2019, 63 percent of organisations reported a breach. The global enterprise data management market is expected to grow from USD 77.9 billion to USD 1229 billion between 2020 to 2025.