Global Cloud Workload Protection Market Projected to Grow at 23.3% CAGR, Reaching $20.8 Billion by 2029

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

What Will the Cloud Workload Protection Industry Market Size Be by 2025?
In recent times, there has been a notable expansion in the size of the cloud workload protection market. The market which is anticipated to progress from $7.33 billion in 2024 to $9 billion in 2025, is expected to experience a compound annual growth rate (CAGR) of 22.8%. The significant growth during the historical period is attributed to several factors such as cloud migration, data infringement, cyber-attacks, compliance needs, complex cloud ecosystems, the model of shared responsibility, and an enhanced understanding of security hazards.

What's the Long-Term Growth Forecast for the Cloud Workload Protection Market Size Through 2029?
In the coming years, the cloud workload protection market is anticipated to experience significant expansion, reaching a worth of $20.8 billion in 2029, progressing at a compound annual growth rate (CAGR) of 23.3%. This surge during the prediction period can be credited to the growing adoption of cloud, the trend towards hybrid and multi-cloud configurations, an emphasis on zero trust security, a quick expansion of containers and serverless computing, coupled with progress in threat intelligence and analytics. The forecast period is expected to see key trends such as the adoption of a zero trust framework, the merging of cloud security solutions, concentrated effort on threat and response, a shift towards cloud-native security, and automation and orchestration.

View the full report here:
https://www.thebusinessresearchcompany.com/report/cloud-workload-protection-global-market-report

What Are the Key Growth Drivers Fueling the Cloud Workload Protection Market Expansion?
The growth of the cloud workload protection market is anticipated to be fueled by increasing cybersecurity threats. Such threats imply potential harmful actions or incidents that could jeopardize digital systems, networks, data or individuals. The proliferation of IoT devices, the widespread use of digital technology, and a deficiency in cybersecurity awareness contribute to these threats. Cloud workload protection mitigates these threats by equipping organizations with the essential tools and capabilities to establish a robust and secure cloud environment, reinforce the security position, and lessen the risks related to cloud computing. As an example, Check Point Software Technologies Ltd., an Israeli software company, reported that global cyberattacks rose by 38% in 2022 from 2021, with the USA and UK seeing increases of 57% and 77%, respectively, by January 2023. Consequently, the increase in cybersecurity threats is promoting the expansion of the cloud workload protection market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14072&type=smp

What Are the Key Trends Driving Cloud Workload Protection Market Growth?
Major corporations in the cloud workload protection sector are centering their efforts on the creation of cutting-edge solutions like channel partner initiatives to improve the distribution of their cloud security services. Channel partner initiatives geared towards cloud workforce safety allows corporations to join forces with expert partners that can deliver thorough security measures to defend remote and mixed workforce setups against cyber threats. For instance, Uptycs Inc., an American company that delivers a cloud security platform for vast hybrid cloud set-ups, unveiled Upward - a specific channel partner scheme designed in February 2024 to boost its "channel-first" approach in delivering cloud security solutions. Its principal objective is to deliver an inclusive cloud-native application protection platform (CNAPP) that can assure the security of hybrid cloud settings. This, in turn, enables partners to help businesses safeguard vital workloads across diverse infrastructures, including cloud and onsite settings. The program presents multiple advantages to partners such as deal registration, market expansion funds, and enhanced services, thus expediting the broad implementation of Uptycs' security solutions in meeting the changing demands of hybrid cloud safety.

How Is the Cloud Workload Protection Market Segmented?
The cloud workload protection market covered in this report is segmented -

1) By Type: Training, Consulting And Integration, Support And Maintenance, Managed Services
2) By Component: Compliance Management, Vulnerability Assessment, Runtime Security, Threat Detection And Response, Monitoring, Other Components
3) By Deployment: Public Cloud, Private Cloud, Hybrid Cloud
4) By End-User: Banking, Financial Services And Insurance (BFSI), Information Technology And Telecom, Government, Health Care, Manufacturing, Energy And Utilities, Retail, Others End Users

Subsegments:
1) By Training: Employee Training Programs, Certification Courses, Awareness Workshops
2) By Consulting And Integration: Security Assessment Services, Strategy Development, Implementation And Integration Services
3) By Support And Maintenance: Technical Support Services, Regular Updates And Upgrades, Incident Response Services
4) By Managed Services: Managed Security Services, Continuous Monitoring Services, Threat Detection And Response Services

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=14072&type=smp

Which Companies Are Leading the Charge in Cloud Workload Protection Market Innovation?
Major companies operating in the cloud workload protection market are Google LLC, Microsoft Corporation, Amazon Web Services Inc., International Business Machines Corporation (IBM), Broadcom Inc., VMware Inc., Palo Alto Networks Inc., Fortinet Inc., Akamai Technologies Inc., Check Point Software Technologies Ltd., McAfee LLC, Trend Micro Incorporated, CrowdStrike Holdings Inc., Zscaler Inc., Sophos Group plc, FireEye Inc., Rapid7 Inc., CyberArk Software Ltd., Qualys Inc., SentinelOne Inc., Carbon Black Inc., Aqua security softeware ltd, Armor Defense Inc., Netskope Inc., Guardicore Ltd.

Which Regions Are Leading the Global Cloud Workload Protection Market in Revenue?
North America was the largest region in the cloud workload protection market in 2024. The regions covered in the cloud workload protection market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=14072

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.