Global Cloud Security Market Research Report Covers Historical Market Trends, Current Market Dynamics, Market Valuation by Segmentation as Well as Region, Risk and Opportunity Assessment, Country-level Analysis for Every Segment, Key Player’s Market Share Analysis, Competitive Landscape and Supply Chain Analysis.
The global cloud security market comprises a host of key players. This includes names like-
Okta, Inc. (U.S.), Cisco Systems, Inc. (U.S.), IBM Corporation (U.S.), CA Technologies, Inc. (U.S.), Symantec Corporation (U.S.), Cloud Passage Company (U.S.), Trend Micro Inc. (Japan), Microsoft Corporation (U.S.), Intel Corporation (U.S.) and Fortinet, Inc. (U.S.) among others.
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One of the biggest drivers of growth for the cloud security market is the booming number of cyber-attacks on the cloud. Additionally, the increasing usage of cloud services by organizations to store key and confidential data, growth of the online market, and the rising mobility of employee are expected to boost the global market. Also, another factor that is influencing the growth of the market is the emerging trend of BYOD (bring your own device) in office premises.
The report published on the global Cloud Security Market revealed the growth to be at an estimated pace of 17%. The valuation of the cloud security market was further stated to reach USD 13 billion by the end of the forecast period in 2022, thereby surpassing its 2016 valuation of USD 5 billion.
However, it is worth mentioning that the lack of awareness concerning cloud security technology among small and medium sized organizations and an increasing fear among organizations about data confidentiality can limit the overall projected growth of the market.
- Government agencies
- Cloud service providers
- Third party vendors
- System integrators
- Cloud facilitators
- End users
December 2019, Fortinet, one of the world leaders when it comes to integrated, broad, and automated cyber security solutions, announced an extension of its integration with Google Cloud for its cloud security portfolio. This was done so as to offer advanced security for the customers migrating to Google Cloud Platform (GCP) for their applications and workloads.
The global market for cloud security has been segmented in terms of type, deployment, end-users, and industry.
By deployment, the market can be divided into private, public, and hybrid.
By type, the market segments into cloud database security, network security, virtualization security, data loss prevention, and email & web security.
By industry, the market includes large-sized enterprises and small and medium-sized enterprises.
By end-users, the market has healthcare, IT & telecom, retail, government utility, and BFSI. The IT & telecom sector is making the highest contributions to the growth of the cloud security market. It is being reported that IT businesses are consistently adopting cloud services in order to transfer huge loads of data. Additionally, there has been an increasing adoption of internet among smartphones to gain access to the data on cloud. In order to secure this data transferred by the IT and telecom sector, there is an imperative need for cloud security.
The global market for cloud security is regionally segmented into Asia Pacific, Latin America, North America, Europe, and the Middle East and Africa. North America is anticipated to dominate the market for cloud security in the coming years, especially due to the presence of various large scale organizations boasting huge database. The rising need for security solutions to ensure optimal safety for the huge existing database of these organizations in North America is majorly contributing to the growth of the regional market.
Elsewhere, the European region has a highly developed network infrastructure. Herein, the improving healthcare sector has prompted a demand for security over cloud technology. In Asia Pacific, the region is promoting the concept of BYOD, particularly across small organizations, thereby increasing the potential threat of cyber-attacks for data on-cloud. In order to protect these huge loads of data from any unauthorized access and potential threats of cyber-attacks, companies are looking towards cloud security options.
Study Objectives of Global Cloud Security Market:
- To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the Global Cloud Security Market.
- To provide insights about factors affecting the market growth.
- To analyze the Global Cloud Security Market based porter’s five force analysis etc.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW).
- To provide country level analysis of the market with respect to the current market size and future prospective.
- To provide country level analysis of the market for segment by deployment, types, end users and application
- To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global Smartphone screen protector market.
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Table of Contents
1 Market Introduction
1.2 Scope of Study
1.2.1 Research Objective
1.3 Market Structure
2 Research Methodology
2.1 Research Network Solution
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
3 Market Dynamics
3.2 Market Drivers
3.3 Market Challenges
3.4 Market Opportunities
3.5 Market Restraints
4 Executive Summary
5. Market Factor Analysis
List of Tables
Table 1 Global Cloud Security Market, by Deployment
Table 2 Global Cloud Security Market, by Type
Table 3 Global Cloud Security Market, by Industry
Table 4 Global Cloud Security Market, by End User
Table 5 Global Cloud Security Market, by Regions
Table 6 North America Cloud Security Market, by Deployment
Table 7 North America Cloud Security Market, by Type
Table 8 North America Cloud Security Market, by Industry
List of Figures
Figure 1 Research Network Solution
Figure 2 Global Cloud Security Market: by Deployment (%)
Figure 3 Global Cloud Security Market: by Type (%)
Figure 4 Global Cloud Security Market: by Industry (%)
Figure 5 Global Cloud Security Market: by End User (%)
Figure 6 Global Cloud Security Market: by Region
Figure 7 North America Cloud Security Market, by Deployment (%)
Figure 8 North America Cloud Security Market, by Type (%)
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