Global cloud security market is driven by factors, such as increased adoption of bring your own device (BYOD) and Internet of Things, rise in adoption of cloud-based security solutions, increasing demand for cloud computing &increasing government initiatives, and emergence of smart cities.
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Cloud Security Market size is expected to grow from $4.09 Billion in 2017 to $ 12.73 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 25.5% during the forecast period.
The cloud security ecosystem comprises major vendors, such as Trend Micro, Inc. (Tokyo, Japan), Intel Security (California, U.S.), Symantec Corporation (California, U.S.), IBM Corporation (New York, U.S.), Cisco systems (California, U.S.), CA Technologies, Inc. (New York, U.S.), CSC (Virginia, U.S.), and Fortinet, Inc.
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(California, U.S.), cloud service providers, & system integrators. Other stakeholders include cloud security service providers, consulting firms, Information Technology (IT) service providers, Value-Added Resellers (VARs), enterprise users, and security & access management technology providers.
The key target audience of the cloud security market report is given below:
- Government Agencies
- Cloud Security Vendors
- Network Solution Providers
- Independent Software Vendors
- Consulting Firms
- System Integrators
- Managed Security Service Providers (MSSPs)
Browse complete report on Cloud Security Market by Service Type (IAM, DLP, IDS/IPS, SIEM, and Encryption), Security Type, Service Model (IaaS, PaaS, and SaaS), Deployment Type (Public, Private, and Hybrid), Organization Size, Vertical, and Region - Global Forecast to 2022, now available at www.rnrmarketresearch.com/cloud-se…rket-report.html
Table of Contents
- Global Cloud Security Market: Market Segmentation
- Global Cloud Security Market: Research Design
- Data Triangulation
- Market Size Estimation Methodology: Bottom-Up Approach
- Market Size Estimation Methodology: Top-Down Approach
- North America is Estimated to Hold the Largest Market Share in 2017
- Fastest Growing Segments of the Cloud Security Market
- Increasing Adoption of Bring Your Own Device and Internet of Things
- the Cloud Security Market
- Encryption Segment is Expected to Grow at the Highest CAGR
- Application Security Segment is Expected to Grow at the Highest CAGR
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APAC includes emerging economies, such as China, Australia, Singapore, and India, which are rapidly deploying cloud security solutions. APAC is expected to grow at the highest CAGR during the forecast period.
This is mainly due to the increasing adoption of IoT and BYOD trends in many industry verticals, such as Banking, Financial Services, and Insurance (BFSI), government, Information Technology (IT)& telecom, manufacturing, healthcare, and retail. Furthermore, North America is expected to have the largest market size in 2017.
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