The overall Cloud Security Market is expected to grow from USD 4.09 billion in 2017 to USD 12.73 billion by 2022, at a CAGR of 25.5% from 2017 to 2022, as per a report by MarketsandMarkets.
How rise in the adoption of advanced cloud security solutions in healthcare industries presents an opportunity?
Advanced cloud security solutions provide huge opportunities in healthcare. Cloud computing technologies enable huge storage capacity for storing information, patient’s records, files, and images in a digital format, thus providing access to medical data at remote locations. The adoption of cloud computing in healthcare has slowed due to concerns related to compliance issues such as HIPAA (used to protect the information associated with individual patients). According to “Cloudlock’s Q4 2015 Cybersecurity Report,” the concern before the healthcare industry is to secure Protected Health Information (PHI) sharing. Furthermore, according to Bitglass’ second annual “Cloud Adoption Report,” cloud adoption in healthcare is slow due to HIPAA compliance. To overcome these concerns, cloud security vendors are developing advanced cloud security solutions that can work with these compliances.
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Why increased complexity due to the virtualized infrastructure could be a challenge?
The cloud computing model is rapidly changing the shape of the IT landscape. Cloud computing offers various service models such as Software-as-a-Service (SaaS), Platform-as-a-Service (PaaS), and Infrastructure-as-a-Service (IaaS). The IaaS service model of cloud computing uses virtualization technologies and provides on-demand infrastructure service to end-users, thereby increasing complexity within the cloud infrastructure. The traditional cybersecurity solution is not able to deal with this virtual environment, as cloud computing itself is complex and dynamic in nature. Due to increasing complexity, it is becoming difficult to detect the zero-day (unknown) threats in the cloud infrastructure. Integrating cloud security solutions in virtual environments is a key challenge confronting cloud security solution providers.
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The major vendors in the cloud security market include Trend Micro, Inc. (Tokyo, Japan), Intel Security (California, U.S.), Symantec Corporation (California, U.S.), IBM Corporation (New York, U.S.), Cisco systems (California, U.S.), CA Technologies, Inc. (New York, U.S.), CSC (Virginia, U.S.), and Fortinet, Inc. (California, U.S.).
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