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Global cloud security market buoyed by growing demand for cloud computing

IT Market Research

The Global Cloud Security Market accounted for USD 4.1billion in 2016 growing at a CAGR of 24.6% during the forecast period of 2017 to 2024.


Global Cloud security Market Make an Inquiry about this news By Geography, Service Type (IAM, DLP, IDS/IPS, SIEM, Encryption), Security Type, Service Model (IaaS, PaaS, SaaS), Deployment Type (Public, Private, Hybrid), Organization Size (Small & Medium Enterprises, Large Enterprises), Application (Financial Services, IT & Telecom, Government, Education, Healthcare, Media & Entertainment)- Industry Trends and Forecast to 2024

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Market Definition of Global Cloud security Market

The cloud security helps the organizations to protect their networks, applications, data and end points from various attacks such as cybercriminals, ransomwares and other threats. The cloud security is one of the fast growing services in the market providing similar functionalities as traditional IT security including protecting the critical data from outside theft and leakage.

The major factors fuelling the growth of this market are increasing demand of cloud based services, government initiatives and entrance of new players in the market.

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