Press release
Cloud Security Market Analysis, Type, Size, Trends, Key Players and Forecast 2017 to 2032
Cloud Security Market size was valued at USD 10.71 Billion in 2021 and is projected to reach USD 84.86 Billion by 2030, growing at a CAGR of 25.86% from 2022 to 2030.A wide range of technologies and practises known as "cloud security" seek to safeguard various computer and data applications from online attacks and unauthorised access by offering secure networks and data. Through cloud security services and solutions, appropriate security and privacy challenges for cloud computing are also offered. The cloud security architecture effectively provides preventive, goon skin, and corrective control. As a result, cloud service providers' ability to analyse their own personal risk is enhanced.
Market Dynamics:
Massive cyber assaults, which cause data loss for people, companies, and governments worldwide, happen when people use the internet to launch deliberate, politically motivated attacks against cloud IT infrastructures. The rise in enterprise data breaches and data leaks is driving the market for cloud security. Data stored on the cloud is more susceptible to attacks than data kept on corporate servers.
Due to COVID-19's environment of distributed work from home, cloud collaboration technologies and services like Microsoft Teams, Cisco WebEx, and Zoom have seen an increase in popularity. Data storage by SMEs on cloud servers is growing quickly, increasing the threat surface for cybercriminals. These businesses have grown popular as a result of the rise in SMEs using web- and cloud-based tools and apps.
Both big and small companies are wary of moving their operations to the cloud because they have some misgivings about cloud service providers (CSPs). Vendors of cloud security services who handle information security with transparency may be able to gain the trust of their customers.
The main barriers to market expansion include strict government regulations and rules, as well as the danger of information loss. There are three ways that the data can disappear. The system shuts down and the backup data is lost forever when cloud technology fails. Obstacles to the market's expansion include the rise in complexity brought on by virtual infrastructure, a lack of qualified experience, and a lack of faith in cloud service providers.
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Global Cloud Security Market: Major Players
Zscaler
IBM
Checkpoint
McAfee
Qualys
Sophos
FireEye
Aqua Security
Illumio
Amazon Web Services
Microsoft
Proofpoint
Palo Alto Networks
Cisco
Avanan
Foreseeti
CipherCloud
Bitglass
Tenable
Forcepoint
Cloudflare
Fortinet
SiteLock
CloudPassage
Trend Micro
Broadcom
Imperva
vArmour
Global Cloud Security Market: By Types
IaaS
PaaS
SaaS
Global Cloud Security Market: By Applications
Large Enterprises
SMEs
Global Cloud Security Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Cloud Security market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Reasons to Purchase this Market Report:
• The competitive environment includes the proportions of important players, recent innovations, and strategy.
• Companies with extensive product offerings, pertinent financial data, recent advancements, SWOT analyses, and player tactics.
• Quantitative, qualitative, value (in USD million), and volume (in units million) data are among the segments and sub-segments.
• The research contains a wealth of data, including market dynamics and opportunities throughout the forecast period.
• Data at the regional, sub-regional, and national levels also provides information on the market's supply and demand dynamics.
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