Global Cloud Security Market By Overview
The Cloud Security Market is a set of used to protect data, applications, and cloud computing infrastructure. It secures loss of confidential data, insecure application programming interfaces (API), and data breaching. Cloud security is the also known as cloud computing security.
Increasing concerns towards rise in threats related to the cyber world increase the dependency on the cloud-based services which is the major driving factor for the target market. According to a data published by American Chemical Society in 2016, around 3.4 billion users (approximately 46% of the world’s population) opportunities for cybercrime have ballooned exponentially. However, unawareness regarding the benefits of cloud security is the major restrain for the target market growth. Nevertheless, increase in development of innovative technology solutions using artificial intelligence and machine learning is expected to create lucrative opportunities for the target market growth.
The research scope provides comprehensive market size, and other in-depth market information details such as, market growth supporting factors, restraining factors, trends, opportunities, market risk factors, market competition, product and services advancements and launches, product/services related regulations overview, and recent developments for the mentioned forecast period. In addition, the report provides key examination of market players operating in the specific market and analysis and outcomes related with the target market for more than 20 countries.
In the current research scope 2018 is considered as base year and 2019 is estimated year for market value/volume calculations. The report offers market estimates for the forecast period – 2019 to 2029. The report provides factual inputs and analysis based on primary and secondary research, which includes insights gained through in-depth interviews with primary research participants. Also, the data is gathered from authentic secondary sources and is verified by key opinion leaders in the target market. The in-house research is applied on gathered information to provide more accurate data points and reduce the margin of error. The in-house research and analysis efforts include various tools and 360o data analysis methodology.
The global cloud security market report segments the market on the basis of service type, deployment type, industry vertical, and region.
The report expected to answer various target market related questions and offers insights on:
- Definition, description, overview of market growth influencing factors, and forecast for the target market
- Scope for related market in the forecast period
- Analysis and outcome for the global cloud security market by segment and region followed by countries
- Market segmentation, dominating segment and region followed by country along with market value, share, Y-o-Y growth, CAGR, forecast, and contribution in the market
- Key market player profiles, their recent developments, strategies, financial details, key competencies, presence by region, and product portfolio
- Valuable insights, data, and forecast that can be referenced to plan business strategies, to tap market opportunities, understand business related risks, derive business goals, to recognize trends, and understand target customers/end users
- Insights on recent technologies, pipeline products, regulations related with target market, market investment, and offers insights on political and economical factors that may influence market growth
- PEST Analysis, PORTER’s five forces analysis, opportunity map analysis, drivers and restraints impact analysis, and market attractiveness index
Key players in the global cloud security market includes, CA Technologies Inc., Trend Micro Inc., Cisco Systems, Inc., Intel Security Public Sector LLC, Fortinet Inc., IBM Corp., Intel Corp., VMware, Inc., CipherCloud, Inc., and BMC Software, Inc.
Prophecy Market Insights offers required customization on this report according to specific business requirements.
FAQs
The Cloud Security Market is segmented into basis of service type, deployment type, industry vertical, and region.
Growing concerns about data breaches, emphasis on secure cloud environments, and the adoption of cloud security solutions for protecting sensitive information drive the growth of the cloud security market globally.
Challenges include potential compliance complexities, evolving cyber threats, and the need for continuous updates to address emerging security risks, posing global restraints in the cloud security market.
By region, the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America market is estimated to witness a significantly high revenue share over the forecast period.
The key players operating the target market includes, CA Technologies Inc., Trend Micro Inc., Cisco Systems, Inc., Intel Security Public Sector LLC, Fortinet Inc., IBM Corp., Intel Corp., VMware, Inc., CipherCloud, Inc., and BMC Software, Inc.