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Cloud Security Market Will Hit Big Revenues in Future | Top Key Players in IBM, Cisco, Intel, Fortinet, Trend Micro, Symantec, CSC, CA Technologies, BMC Software, Sophos, CloudPassage

05-03-2019 10:41 AM CET | IT, New Media & Software

Press release from: Global Market Insights, Inc.

Cloud Security Market

Cloud Security Market

Global Market Insights, Inc. provides a detailed overview of cloud security market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market in conjunction with the geographical landscape, demand spectrum, remuneration scale, and growth graph of this vertical have also been included in this report.

Cloud security market in a multitenant environment, such security refers to offering security architectures which ensures that each customer’s data and applications are secure and isolated from those of the others. Data stored and processed over a cloud involves an inherent risk due to various factors. Some of these security concerns include protecting the confidentiality of data, ensuring regulatory and legal compliance, ensuring isolation, and maintaining access control.

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The need to reduce costs and improve responsiveness of IT infrastructure to frequent changes in business environment is driving enterprises to adopt cloud-based services. As a result, cloud service providers are experiencing an increasing need to offer a level of security to their customers internally for their in-house IT environment.

Global Cloud Security Market is characterized by increasing popularity of cloud-based services and their adoption by SMEs, rising incidences of cyber-crimes, and concerns related to data security and confidentiality. Also, favorable government initiatives and regulations for enforcing and ensuring the adoption of cybersecurity measures are expected to contribute significantly to the cloud security market growth over the forecast period.

Top Key Players in Cloud Security Market :

1. IBM
2. Cisco
3. Intel
4. Fortinet
5. Trend Micro
6. Symantec
7. CSC
8. CA Technologies
9. BMC Software
10. Sophos
11. CloudPassage

Some of the key security management areas critical for securing services in the cloud are availability management, vulnerability management, access control, configuration management, system use and access monitoring, incident response and patch management. Availability management ensures the availability of the application at all times preventing any possibility of service outage that can severely hamper the organizations’ productivity, customer engagement and revenue.

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Some of the key players operating in the cloud security market are, IBM, Cisco, Intel, Fortinet, Trend Micro, Symantec, CSC, CA Technologies, BMC Software, Sophos and CloudPassage. These players focus on new product development and innovations in existing products to meet the rapidly changing market needs.

North America cloud security is expected to dominate the global revenue during the forecast period in terms of revenue owing to large scale adoption of cloud-based solutions and high level of investment in R&D by major market players operating in the region. On the other hand, Asia Pacific cloud security market is projected to witness accelerated growth throughout the forecast period due to increasing awareness and acceptance of cost-effective cloud-based solutions by emerging start-ups and SMEs operating in the region.

Browse Full Report: www.gminsights.com/industry-analysis/cloud-security-market

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com
Blog: www.industry-source.org

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