Cloud Security market size

Cloud Security Market Forecast 2022

Cloud Security Market

Report-Forecast 2022


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Summary

Cloud security refers to broad set of policies and technologies that are deployed to

provide security to the organizational data and manage it efficiently. Cloud security

market helps to prevent several kinds of cyber-attacks and protects the data in case of

any breach happens. Cloud Security Market also helps in the maintenance and

keeping the data confidential and prevent the unauthorized access to the employees

as well as other external stakeholders. Rapid changes in technology and increasing

amount of digital content by the industrial sectors needs to be protected and as the

deployment of manual security is becoming efficient, companies are opting for cloud

solutions which helps to manage huge amount of data without any restriction. The

data uploaded by the companies are confidential in nature and any breach and theft

may lead to loss of billions of dollars. To overcome from these problems, cloud security

or cloud computing security comes into picture where with the help of policies and

new technologies, companies defines and provides access to the required people only.

One of the major driving factors behind the growth of cloud security market is

increasing cyber security threats. Also, various other factors such as increasing

dependency of the industries on cloud computing and rise in employee mobility is also

expected to drive the market growth in the coming years. Concept such as BYOD is also

one of the factors behind the growth of cloud security market.

The Global Cloud Security Market Size is expected to grow from USD ~5 Billion in

2016 to USD ~ 13 billion by 2022, at an estimated CAGR of ~17%

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Major Key Players:

Cisco Systems, Inc. (U.S.), IBM Corporation (U.S.), Symantec Corporation (U.S.), Trend

Micro Inc. (Japan), CA Technologies, Inc. (U.S.), Microsoft Corporation (U.S.), Okta, Inc.

(U.S.), Cloud Passage Company (U.S.), Intel Corporation(U.S.) and Fortinet, Inc. (U.S.)

among others are some of the prominent players profiled in MRFR Analysis and are at

the forefront of competition in the global Cloud Security market.

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Segmentation:

The Global Cloud Security Market has been segmented on the basis of deployment,

types, end users and application. The deployment can be segmented as public, private

and hybrid among others. Types include virtualization security, network security,

cloud database security, e-mail & web security and data loss prevention among others.

Industry includes small and medium enterprises and large enterprises among others.

End users comprises of retail, healthcare, IT & telecom, BFSI and government utility

among others.

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Regional Analysis:

Regionally, North America is expected to dominate the cloud security market with the

existence of large organizations that possess very huge database. The need of safety &

security solutions to secure the huge existing database of the organizations is

contributing to the growth of cloud security market in the region. The European region

has highly developed network infrastructure. The growing healthcare industry in the

region is demanding for security over cloud technology thereby driving the cloud

security market. The Asia pacific region is promoting the concept of bring your own

device to the company premises which is increasing the threat of cyber-attacks for

data on-cloud., To save the corporate data from unauthorized access and treats of

cyber-attacks more and more companies are establishing the cloud security systems.

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Cloud Security market size

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