Cloud Security Market Introduction
In the past few years, cloud computing has transformed the way organizations deliver IT functions. On-demand-flexible scaling, reduced capital expenditure costs, and faster time to market are some of the key benefits offered that are accelerating the adoption of cloud computing technologies among end users at a faster pace. Cloud security software enables end-users organizations to embrace cloud applications by protecting critical data going into the cloud. Millions of end-users in multiple industries such as healthcare, BFSI, energy & utility, media and entertainment sectors have approached cloud security and protection solutions, across worldwide.
Adoption of cloud technologies has enabled enterprises to introduce new tools and capabilities within their organizations. Further, availability of advanced data encryption and complex data protection solutions are anticipated to boost the market growth throughout the forecast period. However, compliance management to meet the security standards is one of the major challenge faced by enterprises. Moreover, lack of digitization among end-users especially in developing countries, lack of awareness, and lack of skilled staff are anticipated to hinder the market growth over the forecast period.
The cloud security market has been divided into various segments to track market performance from a different perspective. Major segments analyzed in the study are security type, organization size, deployment model, and vertical. Based on security type the market is bifurcated into network security, endpoint security, web and email security, application security, and other. Based on organization size, the market is segmented into large enterprises and small-medium enterprises. By deployment model, the global cloud security market is bifurcated into public, private, and hybrid cloud segments. Verticals include healthcare sector, media & entertainment sector, manufacturing sector, energy & utility sector, retail sector, public sector, and others.
Key regions analysed in the global cloud security market are North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, and Middle East and Africa. At present, North America dominated the market in terms of revenue share, as enterprises in the region are the most mature in the cloud journey and advanced in their approach to cloud data protection.
Cloud Security Market Competitive Landscape
Key vendors analysed in the global cloud security market are Avanan, Inc., CA Technologies, Check Point Software Technologies Ltd., CipherCloud, Inc., Cisco Systems, Inc., Cloudpassage, Inc., Computer Science Corporation (CSC), Fortinet, Inc., Imperva, Inc., IBM Corporation, McAfee LLC, Qualys, Inc., Sophos, PLC, Symantec Corporation, Trend Micro, Inc., and Zscaler, Inc.
Major Regions/Countries include:
- North America
- Western Europe
- United Kingdom
- Rest of Western Europe
- Eastern Europe
- Rest of Eastern Europe
- Asia Pacific (APAC)
- Rest of Asia-Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa (MEA)
- North Africa
- South Africa
- Rest of MEA
This research report on cloud security market would be produced using first-hand market information gathered from industry experts and major participants across the value chain, during primary research. It would provide broad view of current market trends, growth factors and competitive analysis.