Press release
Cloud security Market to Grow By USD 4.1 billion by 2024 | Report by top competitors like IBM , Cisco Systems, Intel Corporation, Symantec Corporation, Fortinet, Inc., Zscaler, Inc., Akamai Technologies
The cloud security helps the organizations to protect their networks, applications, data and end points from various attacks such as cybercriminals, ransomwares and other threats. The cloud security is one of the fast growing services in the market providing similar functionalities as traditional IT security including protecting the critical data from outside theft and leakage. The major factors fuelling the growth of this market are increasing demand of cloud based services, government initiatives and entrance of new players in the market.The Global Cloud Security Market accounted for USD 4.1billion in 2016 growing at a CAGR of 24.6% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Competitors:
IBM , Cisco Systems, Intel Corporation, Trend Micro Incorporated, CA, Symantec Corporation, Fortinet, Inc., Zscaler, Inc., Akamai Technologies, Hewlett Packard Enterprise Development LP , AlienVault, Inc. , FUJITSU, Forcepoint, Dome9 Security Ltd., SKYHIGH NETWORKS, McAfee, LLC among others.
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Analysis:
The report for global cloud security market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more effective investments.
Segmentation:
By application, the market is segmented into financial services, IT & telecom, government, education, healthcare, media & entertainment and others.
On the basis of geography, global cloud security market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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