Press release
Cloud-Native Application Protection Platform Market Size to Grow at a CAGR of 21.7% with USD 39.9 billion by 2032
A Cloud-Native Application Protection Platform (CNAPP) is an all-in-one cloud-native software platform designed to simplify monitoring, detecting, and acting on potential cloud security threats and vulnerabilities. It integrates multiple cloud security solutions into a single user interface, providing end-to-end cloud and application security throughout the CI/CD application lifecycle, from development to production.
Cloud-native Application Protection Platform (CNAPP) Market Size was valued at USD 5.60 billion in 2022. The Cloud-native Application Protection Platform (CNAPP) Market industry is projected to grow from USD 6.80 billion in 2023 to USD 39.9 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 21.7% during the forecast period (2023 - 2032).
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Key Features:
CNAPPs combine various security functions, including Cloud Security Posture Management (CSPM), Cloud Workload Protection Platforms (CWPP), Cloud Infrastructure Entitlement Management (CIEM), and CI/CD security, into a unified, end-to-end solution to secure cloud-native applications across the full application lifecycle.
Key Companies in the Cloud-native Application Protection Platform (CNAPP) Market Include:
• Palo Alto Networks
• Check Point Software Technologies
• Fortinet
• Trend Micro
• Cloudflare
• Akamai Technologies
• Imperva
• F5 Networks
• Barracuda Networks
• Zscaler
• Radware
• Qualys
• Gen Digital Inc.
• Proofpoint
• CrowdStrike
• Sophos
• McAfee
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Market Insights:
The CNAPP market is witnessing significant growth as more organizations adopt DevSecOps and seek ways to ensure cloud-native application security, protect business-critical workloads, and streamline operations.
CNAPPs are designed to empower users to ensure that their cloud-based applications are secured at every stage of their development and production processes, addressing concerns about the ability to keep work secure.
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Importance and Adoption:
CNAPPs are crucial for addressing the unique security needs of cloud-native environments, enabling organizations to leverage the agility and innovation velocity of the public cloud to enable their digital transformation mandates.
In summary, the CNAPP market is driven by the increasing adoption of cloud-native technologies and the need for comprehensive security solutions that streamline operations and protect critical workloads across the cloud application lifecycle. Various industry players are offering CNAPP solutions with a focus on end-to-end security and compliance capabilities.
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