“Cloud security Market Type, Applications, Regional Outlook, Technology, Opportunity and Forecast 2024” added by Data Bridge Market Research. 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.
Global Cloud security Market segmented 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
"Global Cloud Security Market " accounted for USD 4.1 billion in 2016 growing at a CAGR of 24.6% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Cloud security does not change the approach on how to manage security from preventing to detective and corrective actions but it does however give you the ability to perform these activities in a more agile manner.
Market Competitors of Global Cloud security Market
- Cisco Systems
- Intel Corporation
- Trend Micro Incorporated
- Symantec Corporation
- Fortinet, Inc.
- Zscaler, Inc.
- Akamai Technologies
- Hewlett Packard Enterprise Development LP
- Among others.
Market Drivers & Restraints:
- Rise In Adoption Of Cloud-Based Security Services
- Growing Government Initiatives
- Growing Demand For Cloud Computing
- Growing Consolidation, Mergers And Acquisitions
- Increasing Threats To Data
Market Definition of Global Cloud security Market
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.
Market Segmentation of Global Cloud security Market
The global cloud security market is segmented on the basis of services
- IAM (Identity and Access Management)
- DLP (Data Loss Prevention)
- IDS/IPS (Intrusion Detection System/ Intrusion Prevention System)
- SIEM (Security Information and Event Management)
The global cloud security market on the basis of service model, the market is segmented into
- IaaS (Infrastructure as a Service)
- PaaS (Platform as a service)
- SaaS (Software as a service)
The global cloud security market on the basis of deployment type
The global cloud security market By organization size
- small & medium enterprises
- large enterprises
The global cloud security market By application
- financial services
- IT & telecom, government
- media & entertainment
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