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Driving Cloud Security Market Growth in 2025: The Role of Countering The Surge In Cyberattacks Catalyzing The Growth Of The Cloud Security Market
"Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.Cloud Security Market Size Growth Forecast: What to Expect by 2025?
The size of the cloud security market has notably increased over the past few years. The market is projected to expand from a value of $17.11 billion in 2024 to reach $19.71 billion in 2025, representing a compound annual growth rate (CAGR) of 15.2%. This significant growth during the historic period can be linked to factors such as legal compliance necessities, a concentrated effort on identity and access management, the trend of bringing your own device, along with advanced persistent threats.
How Will the Cloud Security Market Size Evolve and Grow by 2029?
The size of the cloud security market is projected to witness remarkable growth in the following few years. It is estimated to escalate to $43.7 billion by 2029, with a compound annual growth rate (CAGR) of 22.0%. Factors influencing the growth in the anticipated period include the adoption of zero trust security models, implementation of container security mechanisms, global privacy issues, and security awareness training. Predominant trends for this forecast period encompass strategies for multi-cloud security, partnership with managed security service providers, the advancement in cloud-native networking security, enhancements in identity and access management, and the development of integrated cloud security platforms.
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What Drivers Are Propelling the Growth of Cloud Security Market Forward?
The increasing frequency of cyberattacks is anticipated to boost the cloud security market's expansion in the future. Cyberattacks, which are malicious and intentional attempts by individuals or organizations to infiltrate another person's or company's data, have necessitated the use of cybersecurity to mitigate these threats. Consequently, the uptick in attacks magnifies the need for the cybersecurity market. The World Economic Forum, a Swiss organization, noted in November 2022 that the financial impact of cybercrime soared by 14% in 2022-23 compared to 2021-22. Thus, the escalating volume of cyber-attacks fuels the surge in the cloud security market.
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Which Emerging Trends Are Transforming the Cloud Security Market in 2025?
Technological innovations have surfacing as a major trend in the cloud security market, with numerous companies unveiling new tech-based solutions for cloud security in order to satisfy customer needs. To illustrate, Amazon Web Services, a Cloud computing firm based in the United States, rolled out a new service, Amazon Security Lake, in May 2023. This is a cloud security product that automatically consolidates an enterprise's security data from various sources into a custom-built data lake. This allows clients to enhance their security stance, react more quickly to security incidents, and streamline the management of security data across mixed and multi-cloud settings.
What Are the Key Segments in the Cloud Security Market?
The cloud security market covered in this report is segmented -
1) By Security Type: Application Security, Database Security, Endpoint Security, Network Security, Web And Email Security
2) By Service Model: Infrastructure-As-A-Service (IaaS), Platform-As-A-Service (PaaS), Software-As-A-Service (SaaS)
3) By Deployment: Public, Private, Hybrid
4) By End User: BFSI, Healthcare, IT And Telecom, Other End Users
Subsegments:
1) By Application Security: Web Application Firewalls (WAF), Application Security Testing, Identity And Access Management (IAM)
2) By Database Security: Data Encryption, Database Activity Monitoring, Vulnerability Assessment
3) By Endpoint Security: Endpoint Detection And Response (EDR), Mobile Device Management (MDM), Antivirus And Anti-malware Solutions
4) By Network Security: Intrusion Detection And Prevention Systems (IDPS), Virtual Private Networks (VPN), Secure Access Service Edge (SASE)
5) By Web And Email Security: Email Filtering And Anti-Phishing Solutions, Secure Web Gateways, URL Filtering
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Who Are the Key Players Shaping the Cloud Security Market's Competitive Landscape?
Major companies operating in the cloud security market include Microsoft Corporation, Cisco Systems Inc., Cloudflare Inc., FireEye Inc., International Business Machines Corporation, McAfee Corp., Palo Alto Networks Inc., Proofpoint Inc., Qualys Inc., Trend Micro Incorporated, Zscaler Inc., Akamai Technologies Inc., Alphabet Inc., Barracuda Networks Inc., CrowdStrike Holdings Inc., CyberArk Software Ltd., Fidelis Cybersecurity Inc., Forcepoint LLC, Lacework Inc., Netskope Inc., Splunk Inc., Symantec Corporation, Tenable Inc., VMware Inc., Broadcom Inc., Sophos Group PLC, Bitglass Inc., Imperva Inc., CloudPassage Inc., Avanan Inc., Illumio Inc., vArmour Inc., Aqua Security Inc., SiteLock LLC, plc,Amazon Web Services Inc., Check Point Software Technologies Ltd.,
What Geographic Markets Are Powering Growth in the Cloud Security Market?
North America was the largest region in the cloud security market in 2024.Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the cloud security market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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