According to a new market research report published by Global Insight Services ” Cloud Security Market is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
The cloud security market is a rapidly growing industry that offers a variety of solutions to protect data and applications stored in the cloud.
The cloud security market is segmented by solution, service, deployment mode, organization size, industry vertical, and geography. The solutions segment includes data security, application security, and network security. The services segment includes professional services and managed services. The deployment modes segment includes public cloud, private cloud, and hybrid cloud. The organization size segment includes small and medium-sized enterprises and large enterprises. The industry verticals segment includes healthcare, BFSI, government, retail, IT and telecom, energy and utilities, manufacturing, and others.
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Key Players
- Amazon Web Services
- Barracuda Networks, Inc.
- Check Point Software Technologies
- Palo Alto Networks
- McAfee
- IBM
- Zscaler
- Proofpoint
Key Trends and Drivers
The major drivers of the cloud security market include the increasing adoption of cloud-based applications and services, the need to comply with data security and privacy regulations, and the increasing number of cyber-attacks.
The key trends in the Cloud Security market include the increasing adoption of cloud–based security solutions by small and medium enterprises (SMEs), the growing need for advanced security solutions to protect against sophisticated cyber threats, and the increasing awareness of the benefits of cloud–based security solutions.
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Market Segments
By Type
- Perimeter Security
- Network Security
- Endpoint Security
- Application Security
- Others
By Application
- Visibility and Risk Assessment
- User and Data Governance
- Activity Monitoring and Analytics
- Threat Protection and Remediation/ Mitigation
- Others
By Service Model
- IaaS
- PaaS
- SaaS
By Organization Size
- Large Enterprises
- SMEs
By Verticals
- IT and ITES
- BFSI
- Healthcare and Life Sciences
- Retail
- Manufacturing
- Utilities
- Others
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Key Questions answered in the report:
- How is the market structured and what the key drivers and trends of this industry?
- How is the market segmented and what is the size of each segment?
- Which segments and geographies provide best growth opportunities?
- What’s the competitive landscape and positioning of players in this market?
- What is the impact of latest events such as Covid-19 and Russia-Ukraine conflict on the market?
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