Cloud Workload Protection Market 2023 Driving Factors Forecast Research 2029

Cloud workload protection market is anticipated to grow at a CAGR of 15.2% during the forecast period (2023-2030). Cloud workload protection includes the practice of protecting applications, services, and capabilities running on a cloud resource. Virtual machines, databases, containers and applications are all considered cloud workloads. The growing adoption of cloud security and compliance with the improving cloud strategy is the key factor supporting the growth of the market globally. Hence, the market players are also focusing on introducing combining cloud workload protection platform functionality with cloud security posture monitoring platform functionality, that focuses on assessing cloud security and compliance that further bolsters the market growth. For instance, in September 2023, IBM Corp. announced the expansion of the IBM cloud security and compliance centre, a suite of modernized cloud security and compliance solutions designed to help enterprises mitigate risk and protect data across their hybrid, multi-cloud environments and workloads.

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The global cloud workload protection market is segmented on the solution, deployment model, and verticals. Based on the solution, the market is sub-segmented into monitoring and logging policy, vulnerability assessment, threat detection and others (incident response). Based on the Deployment Model, the market is sub-segmented into public cloud, private cloud and hybrid cloud. Further, on the basis of verticals, the market is sub-segmented into BFSI, healthcare and life sciences, retail and consumer goods, manufacturing, media and entertainment, IT and telecommunications and others (government and public sector, energy and utilities). Among the solutions, the threat detection sub-segment is anticipated to hold a considerable share of the market owing to the enabling detection, investigation, and remediation processes with controls to generate high-quality alerts with native threat detection in cloud services.

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• Market Coverage
• Market number available for - 2023-2029
• Base year- 2022
• Forecast period- 2023-2029
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Market Segmentation
Global Cloud Workload Protection Market by Solution
o Monitoring and Logging Policy
o Vulnerability Assessment
o Threat Detection
o Others (Incident Response)

Global Cloud Workload Protection Market by Deployment Model
o Public Cloud
o Private Cloud
o Hybrid Cloud

Global Cloud Workload Protection Market by Vertical
o BFSI
o Healthcare and Life Sciences
o Retail and Consumer Goods
o Manufacturing
o Media and Entertainment
o IT and Telecommunications
o Others (Government and Public Sector, Energy and Utilities)

Regional Analysis
o North America
o United States
o Canada
o Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe
o Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
o Rest of the World

Company Profiles
o AO Kaspersky Lab.
o Aqua Security Software Ltd.
o Broadcom
o Carbon Black, Inc.
o Cloud Raxak Inc.
o Cloudaware LLC
o CloudPassage Inc.
o Dome9 Security Inc.
o F5, Inc.
o Fidelis Cybersecurity Inc.
o Guardicore Ltd.
o Hytrust Inc.
o HYTRUST, INC.
o Illumio, Inc.
o LogRhythm, Inc.
o NortonLifeLock Inc.
o Qualys Inc.
o Sophos Ltd.
o Tripwire, Inc.

The Report Covers
• Market value data analysis of 2022 and forecast to 2030.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global cloud workload protection market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

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