Cloud Security Posture Management Market Share, Size, Trend, Forecast 2029

Market Overview
The global cloud security posture management market is growing at a high CAGR during the forecast period (2022-2029).

Cloud security posture management (CSPM) automates the detection and remediation of threats in cloud infrastructures like Infrastructure as a Service (IaaS), Software as a Service (Saas) and Platform as a Service (PaaS). CSPM can universally apply best practices for cloud security across hybrid, multi-cloud & container systems and can be used for risk visualization & assessment, incident response, compliance monitoring and integration.

Instead of needing to monitor different consoles and normalize data from multiple suppliers, Cloud Security Posture Management strives to prevent those unintentional vulnerabilities by offering consistent visibility across multi-cloud systems. Misconfigurations are automatically avoided and time-to-value is shortened. Because the alerts are sent from a single system rather than six or more, CSPMs reduce alert fatigue and artificial intelligence reduces false positives. As a result, the security operations center's (SOC) productivity improves.

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Market Dynamics
Migration to the cloud to drive the market for the management of cloud security posture
The cloud sector has gotten a huge boost because of increased agility and faster delivery of new apps and services. Traditional businesses are under enormous competitive pressure as a result of technological improvements. Most firms migrate their old IT infrastructure from on-premises to the cloud to become faster, more agile and more competitive. Migration of traditional data center activities to the cloud can result in higher expenditures, limited capacity of IT team equipment and a loss of vision, all of which raise the need for cloud security posture management.

During the pandemic, as per a report from DNS security firm EfficientIP, there was a dramatic spike in the adoption of cloud services. Millions of workers worldwide can work from home due to social distance, forcing corporations and small businesses to migrate business-critical apps to hybrid cloud environments, presenting an opportunity for cloud security posture monitoring.

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Market Segmentation:
By Component
• Solutions
• Services
By Cloud Model
• Infrastructure-As-A- Service (IAAS)
• Platform-As-A-Service (PAAS)
• Software-As-A-Service (SAAS)
By End-User
• BFSI
• Healthcare
• Retail & E-Commerce
• Education
• IT & IT Services
• Government
• Others
By Organization Size
• Small & Medium Enterprises
• Large Enterprises

Competitive Landscape
Several local, regional and worldwide competitors have a strong presence in the cloud security posture management industry. Rapid technical breakthroughs have opened up enormous industry potential. Market players are constantly concentrating on developing technologically enhanced solutions for their clients.

In May 2020, LoginRadius stated that it would begin providing service to BroadcastMed, a video broadcasting firm in U.S. The organization has improved streaming efficiency and has a customer-friendly onboarding process. The organization intends to use Loginradius to accelerate the adoption of data protection protocols and streamline its login procedure.

Major global cloud security posture management market companies include IBM Corporation, Vmware Inc., Microsoft Corporation, Check Point Software Technologies Pvt., Ltd., Aqua Security, Fortinet, Fujitsu, Oracle, Radware and Arctic Wolf.

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