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Cloud Security Market Industry Analysis, Size, Share, Opportunities and Forecast 2028

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Rahul Roshan
Cloud Security Market Industry Analysis, Size, Share, Opportunities and Forecast 2028

Global Cloud Security Market Statistics Research report presents an in-depth analysis of the Cloud Security Market size, growth, share, segments, manufacturers, and forecast, competition landscape and growth opportunity. This report also focuses on key trends, market drivers, challenges, standardization, deployment models, future road-map, revenue and forecast. Moreover, this research report categorizes the global Cloud Security Market by companies, region, type and end-user industry.

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The global Cloud Security Market size is projected to reach USD 1,545.6 million by the end of 2027. Recent technological advances in tools that allow integration of real-time cloud platforms will have a positive impact on market growth. According to a report published by Fortune Business Insights, titled “Cloud Security Market Size, Share and COVID-19 Impact Analysis, By Application (Identity and Access Management, Email and Web Security, Data Encryption and Prevention, Threat Intelligence, Monitoring and Prevention, and Others), By Security Type (Workload Security, Network Security, Platform Security, Application Security, EndPoint Security, and Others), By Enterprise (Large Enterprises, SMEs), By Deployment (Public, Hybrid, Private), By End-User (IT and Telecom, BFSI, Healthcare and Life Sciences, Manufacturing, Retail, Government, Energy and Utilities, Others), and Regional Forecast, 2020-2027,” the market was worth USD 578.4 million in 2019 and will exhibit a CAGR of 13.2% during the forecast period 2020-2027.

 

Cloud security is essential for securing any form of data that is either transferred through cloud gateways or stored on cloud platforms. Accounting to the increasing adoption of cloud servers across the world, there is a subsequent need for efficient security tools. The increasing internet penetration has had a huge impact on the growth of the overall cloud security market in recent years and recent technological advances will give the platform for vendors across the world. The availability of low cost as well as free cloud platforms has contributed to the growing adoption in several countries across the world. The increasing investments in security and reliability of data transmission over clouds will bode well for the growth of the global market in the foreseeable future.

This Report Answers the Following Questions:

  • What are the Cloud Security Market growth drivers, hindrances, and dynamics?
  • Which companies would lead the market by generating the largest revenue?
  • How will the companies surge the processes adoption amid the COVID-19 pandemic?
  • Which region and segment would dominate the Cloud Security Market in the coming years?

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List of Top Key Manufacturers for Cloud Security Market:

  • Microsoft Corporation (Washington, United States)
  • CISCO SYSTEMS, INC. (California, United States)
  • IBM Corporation (New York, United States)
  • Palo Alto Networks, Inc. (California, United States)
  • Broadcom Inc. (California, United States)
  • VMware, Inc. (California, United States)
  • QUALYS, INC. (California, United States)
  • Trend Micro Incorporated (Tokyo, Japan)
  • ZSCALER, INC. (California, United States)
  • Check Point Software Technologies (Tel Aviv-Yafo, Israel)
  • Proofpoint Inc. (California, United States)
  • Cloudflare, Inc. (California, United States)
  • Fortinet, Inc. (California, United States)
  • Foreseeti (Stockholm, Sweden)
  • McAfee, Inc. (California, United States)
  • Sophos Ltd. (Abingdon, United Kingdom)
  • Panda Security (Bilbao, Spain)
  • Bitglass, Inc. (California, United States)
  • Imperva (California, United States)
  • Aqua Security Software Ltd. (Ramat Gan, Israel)
  • Barracuda Networks, Inc. (California, United States)

Drivers & Restraints

Surge in Product Demand During the Covid-19 Pandemic will Emerge in Favor of Market Growth

The recent coronavirus outbreak has had a daunting impact on several industries across the world. With most companies suffering economically, the efforts taken to curb the spread of the disease will add to the woes. Having said that, it has been a contrasting case for online vendors. As most companies are looking to operate through online platforms, the demand for cloud tools has gone up significantly in the past few months. The increasing adoption of cloud platforms will subsequently create several growth opportunities for the companies operating in the global cloud security market in the coming years.

Increasing Number of Company Mergers will have a Positive Impact on Market Growth

The report encompasses several factors that have contributed to the growth of the overall market in recent years. Among all factor, the increasing number of company mergers and acquisitions has made the highest impact on market growth. Due to healthy market competition, companies are looking to adopt newer strategies with the aim of expanding acquire a wider global consumer base. In October 2019, Trend Microo Incorporated announced that it has completed the acquisition of Cloud Conformity, Inc. The company announced that it has acquired the company for around $70 million, a sum that is indicative of the potential of cloud security across the world. Through this acquisition, the company will look to enhances its offerings in the cloud security space and subsequently acquire a wider consumer base on a global scale.

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Key Questions Answered in this Report

1) What were the pre and post-business impacts of COVID-19 on the Cloud Security Market?

2) What is the market size, share of the Cloud Security Market?

3) Who are the top market players in Cloud Security Market?

4) What will be the future market of the Cloud Security Market?

Key Offerings:

  • Cloud Security Market Size & Forecast by Revenue | 2022−2028
  • Cloud Security Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
  • Market Segmentation – A detailed analysis by product, by types, end-user, applications, segments, and geography
  • Competitive Landscape – Top key vendors and other prominent vendors

Key Questions Answered in the Report

  • What is the expected global Cloud Security Market size in terms of value during the period 2022-2028?
  • What is the expected future scenario and revenue to be generated by different types of solutions including software and platform, hardware, and support services?
  • What is the expected future scenario and revenue to be generated by the technology segment, including guidance technology, sensing technology, variable rate application technology, and data analytics and intelligence?
  • Which region is the largest market for the global Cloud Security Market?
  • What is the expected future scenario and revenue to be generated by different regions and countries in the global Cloud Security Market such as North America, South America, Europe, the U.K., China, Asia-Pacific and Japan, and Middle East and Africa?
  • What is the competitive strength of the key players in the global Cloud Security Market based on the analysis of their recent developments, product offerings, and regional presence?
  • Which are the different consortiums and associations present in the global Cloud Security Market, and what are their roles, focus areas, and key functions in this market?
  • Where do the key Cloud Security Market companies lie in their competitive benchmarking, compared on basis of market coverage and market potential?
  • What does the technology ecosystem of market solutions constitute?

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About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

Contact:

Name: Ashwin Arora

Email: [email protected]

Phone: US +1 424 253 0390 / UK +44 2071 939123 / APAC: +91 744 740 1245

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