Cloud Security Market to Grow at 10% CAGR by 2031 | North America Leads with 40% Share | Key Players: Trend Micro, Symantec, Cisco, Fortinet

Cloud Security Market Overview

The Global Cloud Security Market is projected to grow at a CAGR of 10.0% during 2024-2031, driven by the increasing adoption of cloud computing across enterprises and the rising need for robust data protection solutions. Cloud security involves safeguarding online data stored on cloud computing platforms from unauthorized access, leakage, theft, and deletion, ensuring confidentiality, integrity, and availability of critical information. The market is dominated by North America, which holds the largest share due to high cloud adoption rates, strong regulatory frameworks, and the presence of leading cybersecurity providers. Major players such as Symantec Corporation, Cisco Systems Inc., and Sophos Ltd. are intensifying competitive rivalry through continuous product innovation, strategic acquisitions, and partnerships to strengthen their service portfolios.

Cloud security solutions employ a range of methodologies, including penetration testing, firewalls, virtual private networks (VPNs), tokenization, obfuscation, and private connectivity to safeguard sensitive data. These solutions integrate security orchestration and automation to enable real-time monitoring, risk mitigation, and compliance management, ensuring businesses can adopt a secure-by-design approach.

Get a Free Sample PDF Of This Report (Get Higher Priority for Corporate Email ID):- https://www.datamintelligence.com/download-sample/cloud-security-market?Juli

Recent Developments:

✅ December 2025: Google Cloud and Palo Alto Networks announced a major expansion of their strategic partnership through a multiyear security services agreement valued at nearly $10 billion. The collaboration focuses on enhancing AI-driven cloud security offerings and deeper integration of Palo Alto's Prisma AIRS platform with Google Cloud's infrastructure to strengthen hybrid and multi-cloud protection.

✅ November 2025: Palo Alto Networks completed the $3.35 billion acquisition of Chronosphere, aimed at integrating advanced cloud performance monitoring and AI-powered analytics into its security platforms. This move enhances autonomous detection and investigation of cloud performance and security issues across enterprises.

✅ October-December 2025: The European cloud security market witnessed accelerated adoption across critical infrastructure and energy sectors, driven by multi-cloud integration, evolving cyber threat landscapes, and stricter regional compliance frameworks.

✅ Ongoing 2025: U.S. enterprises increasingly adopted managed cloud security services to improve scalability, compliance, and operational efficiency. The shift reflects growing demand for cloud-native security solutions that support rapid digital transformation and hybrid work environments.

✅ 2025: ServiceNow announced its largest-ever acquisition with a $7.75 billion deal to acquire Armis, aimed at embedding advanced device scanning, threat detection, and real-time protection into its workflow and cloud management platform. This move underscores ongoing industry consolidation and innovation in cybersecurity and cloud defense technologies.

Mergers & Acquisitions:

✅ November 2025: Palo Alto Networks acquired Chronosphere for $3.35 billion, strengthening its AI-driven cloud performance and security analytics capabilities. The acquisition enhances Palo Alto's ability to deliver autonomous detection and remediation across complex multi-cloud environments.

✅ 2025: ServiceNow completed a $7.75 billion acquisition of Armis, a cybersecurity company specializing in device security and threat detection. The integration of Armis' technology enhances ServiceNow's platform with advanced asset visibility, IoT protection, and real-time threat intelligence for enterprise cloud systems.

✅ August 2025: Cisco Systems acquired Vulcan Cyber, a cloud-native risk remediation company, to strengthen its vulnerability management and threat prioritization capabilities within the Cisco Security Cloud portfolio.

✅ June 2025: IBM announced the acquisition of Polar Security, a data security posture management (DSPM) startup, to expand its cloud data protection and compliance solutions across hybrid and multi-cloud environments.

✅ March 2025: Check Point Software Technologies acquired Perimeter 81, a leading provider of secure access service edge (SASE) solutions, to enhance its Zero Trust and cloud network security offerings.

✅ January 2025: CrowdStrike Holdings acquired Bionic, a cloud application security company, to integrate application-layer visibility and protection within its Falcon platform, enabling unified defense for cloud-native applications.

Buy Now & Unlock 360° Market Intelligence:https://www.datamintelligence.com/buy-now-page?report=cloud-security-market?Juli

Key Players
Trend Micro, Inc. | Sophos Ltd | Computer Science Corporation (CSC) | Check Point Software Technologies Ltd. | Symantec Corporation | Intel Security | Panda Security | CA Technologies, Inc. | Cisco Systems, Inc. | McAfee, Inc. | Fortinet, Inc.

Key Highlights:

• Trend Micro, Inc. - Holds an estimated 12.5% share, driven by its AI-driven threat detection, hybrid cloud protection, and global enterprise presence.

• Symantec Corporation - Approximately 11.2%, leveraging comprehensive cloud workload protection, endpoint security, and threat intelligence solutions.

• Cisco Systems, Inc. - Around 10.8%, supported by its cloud firewalls, VPNs, managed services, and SASE offerings.

• Fortinet, Inc. - Holds 9.5%, offering integrated cloud security solutions, including next-generation firewalls and AI-based threat management.

• Check Point Software Technologies Ltd. - Approximately 8.7%, focusing on Zero Trust security, SASE, and cloud-native firewall solutions.

• McAfee, Inc. - Around 7.3%, providing CASB, cloud threat intelligence, and multi-cloud security management.

• Sophos Ltd - Holds 6.5%, offering endpoint and cloud protection, managed detection, and AI-driven security services.

• Intel Security - About 5.8%, delivering hardware-accelerated and software-based cloud security and threat detection tools.

• Computer Science Corporation (CSC) - Approximately 5.0%, specializing in cloud security consulting, compliance, and infrastructure protection.

• CA Technologies, Inc. - Holds 4.2%, focusing on enterprise cloud security, identity management, and regulatory compliance solutions.

• Panda Security - Around 3.5%, providing cloud-based antivirus, real-time monitoring, and SME-focused security solutions.

Market Segmentation:

➥ By Type, Email & Web Security dominates with a 20% share, driven by rising phishing attacks, malware, and web-based threats. Cloud Database Security accounts for 15%, protecting sensitive data across cloud environments. Cloud IAM (Identity & Access Management) holds 12%, enabling secure access controls. Endpoint Security represents 12%, protecting devices connected to cloud networks. Data Loss Prevention contributes 10%, focusing on sensitive data protection. Network Security accounts for 10%, Cloud Encryption 8%, Application Security 7%, and Others 6%, covering specialized cloud protection services.

➥ By Deployment, Public Cloud leads with 35% share, reflecting the rapid adoption of cloud platforms by enterprises. Private Cloud holds 20%, Hybrid Cloud 25%, Multicloud 15%, and Others 5%, accommodating specialized deployments such as secure, isolated environments.

➥ By Solution, Identity and Access Management (IAM) dominates with 18%, ensuring secure authentication and authorization. Cloud Security and Risk Strategy represents 15%, helping organizations manage cloud risks. Threat Management accounts for 14%, Hybrid Multi-cloud Security Platform 12%, Workload Protection 10%, Data Protection 9%, and Others 22%, including compliance, monitoring, and analytics solutions.

➥ By Application, Large-scale Enterprises dominate with 40%, adopting comprehensive cloud security solutions for mission-critical infrastructure. Government Organizations hold 20%, Small & Medium Enterprises (SMEs) 20%, Institutions 10%, and Others 10%, reflecting diversified adoption across sectors.

➥ By End-User, IT & Telecom leads with 25%, driven by extensive digital infrastructure and cloud adoption. BFSI accounts for 20%, requiring robust security for sensitive financial data. Healthcare represents 15%, ensuring compliance and patient data protection. Government Agencies hold 15%, Education & Institutions 10%, and Others 15%, covering energy, manufacturing, and retail sectors.

Regional Insights:

North America dominates the cloud security market with a 40% share (2024), driven by high cloud adoption, stringent regulatory requirements, and the presence of major cybersecurity providers such as Cisco, Symantec, and Trend Micro. The U.S. leads the region due to widespread enterprise cloud migration, strong investment in AI-based threat detection, and advanced infrastructure supporting hybrid and multi-cloud deployments.

Europe holds a 25% share, supported by GDPR compliance mandates, growing awareness of cyber risks, and increasing adoption of cloud-native security solutions. Key markets such as Germany, the UK, and France are investing heavily in network security, IAM solutions, and cloud threat intelligence platforms to protect critical infrastructure and enterprises.

Asia-Pacific accounts for 20% of the market and is the fastest-growing region, with a projected CAGR of over 11% during 2024-2031. Rapid digitalization, expanding IT and telecom sectors, and rising cyberattacks in countries like China, India, and Japan are driving adoption of cloud security solutions, including endpoint protection, data loss prevention, and hybrid multi-cloud security platforms.

Latin America, Middle East & Africa (LAMEA) contribute a combined 15% share, with growth supported by increasing cloud adoption in financial services, healthcare, and government sectors. Key markets include Brazil, Mexico, South Africa, and the UAE, where enterprises and public institutions are implementing cloud security frameworks to meet regulatory requirements and safeguard critical data.

Speak to Our Analyst and Get Customization in the report as per your requirements:-https://www.datamintelligence.com/customize/cloud-security-market?Juli

Market Dynamics:

The global cloud security market is witnessing significant growth driven by the rising prevalence of cyber-attacks and increasingly stringent regulations for data protection. The surge in cybercrime incidents has fueled demand for robust cloud security solutions across industries. For example, in 2019, Amazon cloud servers were targeted by cybercriminals, resulting in the exposure of sensitive data of more than half a billion Facebook users. Similarly, from 2005 to 2019, Capital One experienced a massive data breach affecting over 106 million credit card applicants, highlighting the urgent need for enhanced cloud protection.

Despite the growth opportunities, the market faces challenges in developing regions due to limited awareness and a shortage of skilled cybersecurity professionals. For instance, a 2015 study in South Africa revealed that around 40% of respondents had very low knowledge of cloud computing, 13% had average knowledge, 27% had basic knowledge, and only 7% had high awareness. Such gaps hinder the adoption of advanced cloud security solutions in certain regions.

On the opportunity side, the increasing adoption of public cloud services and rising investments in advanced endpoint and cloud security solutions are creating significant market potential. Public cloud expenditure, for example, grew from approximately US$ 158 billion in 2014 to US$ 250 billion by 2017, reflecting the rapid expansion of cloud infrastructure and associated security needs. Leading cloud security providers are launching innovative solutions to address evolving threats, presenting lucrative opportunities for market growth globally.

📌 Request for 2 Days FREE Trial Access: https://www.datamintelligence.com/reports-subscription

☛ Power your decisions with real-time competitor tracking, strategic forecasts, and global investment insights all in one place.

✅ Competitive Landscape

✅ Sustainability Impact Analysis

✅ KOL / Stakeholder Insights

✅ Unmet Needs & Positioning, Pricing & Market Access Snapshots

✅ Market Volatility & Emerging Risks Analysis

✅ Quarterly Industry Report Updated

✅ Live Market & Pricing Trends

✅ Import-Export Data Monitoring

☛ Have a look at our Subscription Dashboard: https://www.youtube.com/watch?v=x5oEiqEqTWg?Juli

Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.

Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

This release was published on openPR.