Cloud Security Posture Management Market Will Exhibit an Impressive Expansion by 2024-2031

The global cloud security posture management market is anticipated to grow at a significant CAGR 14.6% during the forecast period. Cloud security posture management is a strategy and tool used by organizations for reducing the operational complexities to manage multiple clouds via a centralized security solution for all cloud services and infrastructure. Additionally, it enables organizations to assess various security responsibilities such as compliance assessment, operational monitoring, DevOps integration, incident detection and response as well as visualization of risks.

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The major factor driving the growth of the global cloud security posture management market during the forecast period is the increasing burden of the increasing cases of security breaches due to cloud misconfigurations as well the increasing adoption of cloud-based solutions across organizations globally. Additionally, due to the nationwide lockdowns and remote workforce, the adoption of cloud-based solutions and services has increased during the COVID-19 pandemic which has further increased the demand for cloud infrastructure security solutions.

Another factor supporting the growth of the market across the globe is the rising various strategies including mergers and acquisitions, partnerships, geographical expansion, and others catering to stay competitive in the market. For instance, in November 2021, Sonrai Security announced that it has joined Microsoft Intelligent Security. The company offers cloud security posture management (CSPM), Cloud infrastructure entitlements management (CIEM) as well as data security in one platform, powered by a cloud identity graph. Some of the key market players serving the cloud security posture management market globally includes Cisco Systems Inc., IBM Corp., Microsoft Corp., Palo Alto Networks, Inc., and others.

Global Cloud Security Posture Management Market Report by Segment

By Component

• Solutions
• Services
o Professional
o Managed

By Organization Size

• Small and Medium Enterprises (SMEs)
• Large Enterprises

By Cloud Model

• Infrastructure-as-a-Service (IaaS)
• Platform-as-a-Service (PaaS)
• Software-as-a-Service (SaaS)

By Vertical

• BFSI
• Government
• Healthcare
• IT & ITeS
• Retail & E-Commerce
• Education
• Others

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Cloud Security Posture Management Market Report Segment by Region

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• Check Point Software Technologies Ltd.
• Datadog, Inc.
• DXC Technology Co.
• Foreseeti AB
• Fortinet, Inc.
• Google LLC
• Oracle Corp.
• Qualys, Inc.
• Sophos Ltd.
• Tenable, Inc.

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