Europe Cloud Security Market Worth US$ 32853.30 Million by 2028 - COVID-19 Impact and Global Analysis by Business Market Insights
The Europe cloud security market is expected to grow from US$ 14,683.12 million in 2022 to US$ 32,853.30 million by 2028. It is estimated to grow at a CAGR of 14.4% from 2022 to 2028.The "Europe Cloud Security Market" forecast 2028 report analyses the present and future competitive scenario of the analytics industry. Europe Cloud Security Market report offers an in-depth analysis on segments including top companies, products, applications, revenue and regions. a number of topics including likewise market share, drivers, trends and methods. This report additionally offers insights into the latest growth and trends. It encapsulates key aspects of the market, with focus on leading key player's areas that have witnessed the highest demand, leading regions and applications.
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The report covers an in-depth analysis of the key market players within the market
Amazon Web Services; Microsoft Corp; International Business Machines Corp; Oracle Corp; Trend Micro Incorporated; VMware, Inc.; Palo Alto Networks, Inc.; Cisco Systems Inc; Check Point Software Technologies Ltd.; and Google LLC, among others.
• In 2022, Palo Alto Networks added Out-of-Band Web Application and API Security (Out-of-Band WAAS) to Prisma Cloud to help organizations secure web applications with maximum flexibility.
• In 2022, VMware Inc introduced significant enhancements to its unique lateral security capabilities to help customers achieve strong security for both modern and traditional applications for multi-cloud environments.
The use of containers in the IT sector has increased exponentially in recent years. A large number of businesses use managed or native Kubernetes orchestration; the well-known managed cloud services used by these enterprises include Amazon Elastic Container Service for Kubernetes, Azure Kubernetes Service, and Google Kubernetes Engine. These managed service platforms have simplified the management, deployment, and scaling of use cases. With the increasing use of containers, enterprises need to ensure that the right security solutions are in place to prevent security issues. For instance, the pods of Kubernetes clusters might receive traffic from any source, raising security issues throughout the company. To prevent attacks on vulnerable networks, enterprises implement network policies for their managed Kubernetes services. Thus, the adoption of managed container services is bolstering the growth of the Europe cloud security market.
Europe Cloud Security Market Segmentation
The Europe cloud security market is segmented into service model, deployment model, enterprise size, solution type, industry vertical, and country. Based on service model, the Europe cloud security market is segmented into infrastructure as a service (IaaS), platform as a service (PaaS) and software as a service (SaaS). The software-as-a-service (SaaS)segment registered the largest market share in 2022.
Based on deployment model, the Europe cloud security market is segmented into public cloud, private cloud, and hybrid cloud. The public cloud segment registered the largest market share in 2022.
Based on enterprise size, the Europe cloud security market is segmented into small and medium-sized enterprises (SMEs), and large enterprises. The large enterprises segment registered a larger market share in 2022.
Based on solution type, the Europe cloud security market is segmented into email and web security, cloud identity and access management, data loss prevention, intrusion detection system/intrusion prevention system, security information and event management, and others. The email and web security segment registered the largest market share in 2022.
Based on industry vertical, the Europe cloud security market is segmented into BFSI, IT and telecom, energy and utilities, government and public sector, healthcare and life sciences, manufacturing, and others. The BFSI segment registered the largest market share in 2022.
Based on country, the Europe cloud security market is segmented into UK, France, Italy, Germany, Russia, and the Rest of APAC. UK dominated the market share in 2022.
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Market Analysis and Insights: Europe Cloud Security Market
Europe Cloud Security Market report elaborates the market size, market characteristics, and market growth of the Europe Cloud Security industry, and breaks down according to the type, application, and consumption space of Europe Cloud Security. The report also conducted a PESTEL analysis of the industry to check the most influencing factors and entry barriers of the industry.
Some of the key queries answered in this report:
• -What can we estimate about the anticipated growth rates and also the Europe Cloud Security industry size by 2028?
• -What will happen in the coming existing and emerging markets?
• -Which are the five top players within the Europe Cloud Security market?
• -How can the Europe Cloud Security market change in the upcoming years?
• -Which product and application will take a share of the Europe Cloud Security market?
• -What will be the CAGR and size of the Europe Cloud Security market throughout the forecast period?
• -What are the market opportunities and challenges two-faced by the key vendors?
• -Who are the major competitors and what is their strategy?
• -What are the barriers to entry for new players in the market?
• -What would be the upcoming Europe Cloud Security market behaviour forecast with trends, challenges, and drivers for development?
• -What business opportunities and dangers are faced by vendors in the market?
• -Which would be Europe Cloud Security industry opportunities and challenges have faced by most vendors in the market?
• -What will be the outcomes of this market SWOT five forces analysis?
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