Cloud Security Posture Management Market worth $10.88 billion by 2030, growing at a CAGR of 10.69% - Exclusive Report by 360iResearch

The "Cloud Security Posture Management Market by Deployment Type (Private Cloud, Public Cloud), Cloud Model (Infrastructure-as-a-service, Platform-as-a-service, Software-as-a-service), Organization Size, End-use - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Cloud Security Posture Management Market to grow from USD 5.34 billion in 2023 to USD 10.88 billion by 2030, at a CAGR of 10.69%.

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The cloud security posture management (CSPM) market is the sector focused on providing solutions and services that help organizations identify and manage cloud security risks. These solutions ensure compliance with security policies and regulations, detect misconfigurations and provide remediation strategies to enhance cloud security frameworks. The key factors propelling the growth of the CSPM market include the increasing adoption of cloud services, the complex regulatory landscape requiring stringent compliance, and the rising number of cloud-related security breaches. The growing recognition of shared security responsibility in the cloud and the need for continuous compliance monitoring further fuel the market's expansion. However, the market's growth is hampered by a shortage of skilled cybersecurity professionals, limited security budgets in small and medium-sized enterprises (SMEs), and the complexity of managing security across multi-cloud environments. Trust issues regarding the effectiveness of CSPM tools and a need for more awareness about cloud security risks also pose significant challenges. New opportunities in the CSPM market are emerging with technologies such as machine learning and artificial intelligence, which can automate threat detection and response. Additionally, the expanding IoT landscape and the proliferation of 5G technology create expansive data networks requiring sophisticated cloud security solutions.

The CSPM market in the Americas, particularly in the United States and Canada, has grown significantly due to the rapid adoption of cloud services and a strong emphasis on regulatory compliance. Leading market participants in the Americas are deploying advanced CSPM solutions featuring AI and machine learning technologies for enhanced threat detection and response. The North American region is witnessing a surge in partnerships between CSPM vendors and cloud service providers to offer integrated solutions to a diverse clientele. Europe, the Middle East, and Africa (EMEA) display a complex and diverse CSPM market landscape due to varying levels of cloud adoption and differing regulatory environments across regions. In Europe, GDPR has been a significant driver for adopting CSPM solutions, pushing organizations to maintain stringent data security and privacy practices. The Middle East is rapidly catching up in terms of cloud adoption, emphasizing the need for CSPM to protect against data breaches and comply with local regulations such as Dubai's DIFC Data Protection Law. Although cloud adoption is nascent in Africa, there is growing awareness about the importance of CSPM, especially among large enterprises and government entities. The Asia-Pacific (APAC) region exhibits the fastest growth in the CSPM market, driven by digital transformation initiatives, escalating cloud adoption among SMEs, and increasing awareness of cloud vulnerabilities. Countries such as Japan, Australia, and Singapore lead in CSPM adoption, buoyed by robust regulatory frameworks and the presence of major cloud service providers. Developing economies such as India and China are also witnessing rapid growth in CSPM adoption, supported by government initiatives towards digitalization and growing concerns over data sovereignty.

Market Segmentation & Coverage:

This research report categorizes the Cloud Security Posture Management Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Deployment Type, market is studied across Private Cloud and Public Cloud. The Public Cloud is projected to witness significant market share during forecast period.

Based on Cloud Model, market is studied across Infrastructure-as-a-service, Platform-as-a-service, and Software-as-a-service. The Platform-as-a-service is projected to witness significant market share during forecast period.

Based on Organization Size, market is studied across Large Enterprises and Small & Medium Enterprises. The Large Enterprises is projected to witness significant market share during forecast period.

Based on End-use, market is studied across BFSI, Defense/Government, Energy, Healthcare, IT & Telecom, Manufacturing, and Retail. The Retail is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 40.95% in 2023, followed by Europe, Middle East & Africa.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Cloud Security Posture Management Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Cloud Security Posture Management Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Cloud Security Posture Management Market, highlighting leading vendors and their innovative profiles. These include Aqua Security Software Ltd., Arctic Wolf Networks, Atos SE, Aujas Cybersecurity Limited by NSEIT, Broadcom Inc., Check Point Software Technologies Ltd., Cisco Systems, Inc., CrowdStrike, Inc., Cynet, Entrust Corporation, Forcepoint, Fortinet, Inc., Fujitsu Limited, International Business Machines Corporation, Lacework, Inc., Lookout, Inc., McAfee, LLC, Microsoft Corporation, Netskope, Inc, Oracle Corporation, Palo Alto Networks, Inc., Qualys, Inc., Radware Inc., Rapid7, Inc., Sophos Ltd., Sysdig, Inc., Trend Micro Incorporated, and Zscaler, Inc..

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Cloud Security Posture Management Market, by Deployment Type
7. Cloud Security Posture Management Market, by Cloud Model
8. Cloud Security Posture Management Market, by Organization Size
9. Cloud Security Posture Management Market, by End-use
10. Americas Cloud Security Posture Management Market
11. Asia-Pacific Cloud Security Posture Management Market
12. Europe, Middle East & Africa Cloud Security Posture Management Market
13. Competitive Landscape
14. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Cloud Security Posture Management Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Cloud Security Posture Management Market?
3. What is the competitive strategic window for opportunities in the Cloud Security Posture Management Market?
4. What are the technology trends and regulatory frameworks in the Cloud Security Posture Management Market?
5. What is the market share of the leading vendors in the Cloud Security Posture Management Market?
6. What modes and strategic moves are considered suitable for entering the Cloud Security Posture Management Market?

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