Cloud Security Posture Management Market by Deployment Type, Cloud Model, Organization Size, End-use

Description

List of Tables

[188 Pages Report] The Cloud Security Posture Management Market size was estimated at USD 5.34 billion in 2023 and expected to reach USD 5.90 billion in 2024, at a CAGR 10.69% to reach USD 10.88 billion by 2030.

The cloud security posture management (CSPM) market is the sector focused on providing solutions and services that help organizations identify and manage cloud security risks. These solutions ensure compliance with security policies and regulations, detect misconfigurations and provide remediation strategies to enhance cloud security frameworks. The key factors propelling the growth of the CSPM market include the increasing adoption of cloud services, the complex regulatory landscape requiring stringent compliance, and the rising number of cloud-related security breaches. The growing recognition of shared security responsibility in the cloud and the need for continuous compliance monitoring further fuel the market's expansion. However, the market's growth is hampered by a shortage of skilled cybersecurity professionals, limited security budgets in small and medium-sized enterprises (SMEs), and the complexity of managing security across multi-cloud environments. Trust issues regarding the effectiveness of CSPM tools and a need for more awareness about cloud security risks also pose significant challenges. New opportunities in the CSPM market are emerging with technologies such as machine learning and artificial intelligence, which can automate threat detection and response. Additionally, the expanding IoT landscape and the proliferation of 5G technology create expansive data networks requiring sophisticated cloud security solutions.

KEY MARKET STATISTICS
Base Year [2023]	USD 5.34 billion
Estimated Year [2024]	USD 5.90 billion
Forecast Year [2030]	USD 10.88 billion
CAGR (%)	10.69%

Deployment Type: Higher preferences for public cloud CSPM deployment which provides scalability and cost-efficiency

The deployment of cloud security posture management (CSPM) in a private cloud involves implementing security management practices within a cloud environment that is exclusively used by one organization. This environment can be hosted internally or by a third-party service but remains dedicated to a single organization. The control and visibility over infrastructure offered by a private cloud model allow for more customized security postures, addressing specific organizational needs while maintaining high data privacy and security. In a public cloud deployment, cloud security posture management (CSPM) tools are applied to resources and services hosted on infrastructure provided by public cloud providers. This model leverages the cloud-native security features offered by these providers while augmenting them with additional oversight and control mechanisms to manage and improve the security posture across multi-cloud environments. CSPM, in a public cloud context, focuses on identifying and remediating misconfigurations, compliance monitoring, and enforcing security best practices across publicly hosted resources.

End-use: Growing adoption of CSPM in BFSI and government sectors to protect sensitive financial and national data

The BFSI sector leverages cloud security posture management (CSPM) to protect sensitive financial data from cyber threats, ensuring compliance with stringent regulations. CSPM solutions help identify and mitigate security risks, thus safeguarding transactions, customer data, and business integrity in an increasingly digital financial environment. In the defense and government sectors, CSPM tools are employed to monitor and manage cloud environments, ensuring that data is secured against breaches and cyber-attacks. CSPM is vital for maintaining national security, safeguarding classified information, and ensuring the continuity of critical operations in this sector. The energy sector, comprising oil, gas, and renewable sources, makes use of CSPM to protect infrastructure and data from threats and vulnerabilities. This is crucial for maintaining the security and reliability of energy production and distribution systems and ensuring compliance with industry regulations. Within healthcare, CSPM solutions are critical for protecting patient information and ensuring the confidentiality, integrity, and availability of health records. CSPM helps healthcare organizations comply with healthcare regulations and standards, such as HIPAA, by continuously monitoring and securing patient data stored in the cloud. The IT and telecom sectors utilize CSPM to secure their cloud-based platforms, networks, and data. These solutions enable IT and telecom companies to protect critical infrastructure, ensure service continuity, and maintain customer trust by proactively identifying and addressing security misconfigurations and compliance issues. In the manufacturing sector, CSPM is employed to protect intellectual property and sensitive data shared across global supply chains. This helps secure cloud-based applications and databases, manage access control, and ensure compliance with industry regulations, thus safeguarding against industrial espionage and cyber threats. Retailers use CSPM solutions to secure e-commerce platforms and protect customer data. As retail businesses increasingly adopt cloud services for scalability and flexibility, CSPM tools become essential in ensuring data privacy, securing online transactions, complying with data protection laws, and enhancing customer confidence and loyalty.

Regional Insights

The CSPM market in the Americas, particularly in the United States and Canada, has grown significantly due to the rapid adoption of cloud services and a strong emphasis on regulatory compliance. Leading market participants in the Americas are deploying advanced CSPM solutions featuring AI and machine learning technologies for enhanced threat detection and response. The North American region is witnessing a surge in partnerships between CSPM vendors and cloud service providers to offer integrated solutions to a diverse clientele. Europe, the Middle East, and Africa (EMEA) display a complex and diverse CSPM market landscape due to varying levels of cloud adoption and differing regulatory environments across regions. In Europe, GDPR has been a significant driver for adopting CSPM solutions, pushing organizations to maintain stringent data security and privacy practices. The Middle East is rapidly catching up in terms of cloud adoption, emphasizing the need for CSPM to protect against data breaches and comply with local regulations such as Dubai's DIFC Data Protection Law. Although cloud adoption is nascent in Africa, there is growing awareness about the importance of CSPM, especially among large enterprises and government entities. The Asia-Pacific (APAC) region exhibits the fastest growth in the CSPM market, driven by digital transformation initiatives, escalating cloud adoption among SMEs, and increasing awareness of cloud vulnerabilities. Countries such as Japan, Australia, and Singapore lead in CSPM adoption, buoyed by robust regulatory frameworks and the presence of major cloud service providers. Developing economies such as India and China are also witnessing rapid growth in CSPM adoption, supported by government initiatives towards digitalization and growing concerns over data sovereignty.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Cloud Security Posture Management Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Cloud Security Posture Management Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Cloud Security Posture Management Market, highlighting leading vendors and their innovative profiles. These include Aqua Security Software Ltd., Arctic Wolf Networks, Atos SE, Aujas Cybersecurity Limited by NSEIT, Broadcom Inc., Check Point Software Technologies Ltd., Cisco Systems, Inc., CrowdStrike, Inc., Cynet, Entrust Corporation, Forcepoint, Fortinet, Inc., Fujitsu Limited, International Business Machines Corporation, Lacework, Inc., Lookout, Inc., McAfee, LLC, Microsoft Corporation, Netskope, Inc, Oracle Corporation, Palo Alto Networks, Inc., Qualys, Inc., Radware Inc., Rapid7, Inc., Sophos Ltd., Sysdig, Inc., Trend Micro Incorporated, and Zscaler, Inc..

Market Segmentation & Coverage

This research report categorizes the Cloud Security Posture Management Market to forecast the revenues and analyze trends in each of the following sub-markets:

Deployment Type
- Private Cloud
- Public Cloud

Cloud Model
- Infrastructure-as-a-service
- Platform-as-a-service
- Software-as-a-service

Organization Size
- Large Enterprises
- Small & Medium Enterprises

End-use
- BFSI
- Defense/Government
- Energy
- Healthcare
- IT & Telecom
- Manufacturing
- Retail

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Cloud Security Posture Management Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Cloud Security Posture Management Market?

3. What are the technology trends and regulatory frameworks in the Cloud Security Posture Management Market?

4. What is the market share of the leading vendors in the Cloud Security Posture Management Market?

5. Which modes and strategic moves are suitable for entering the Cloud Security Posture Management Market?

Product Code: MRR-E1122A48A8A1

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Rapid adoption of cloud platform across business
  - 5.1.1.2. Compliance requirements by continuously monitoring and enforcing security policies
- 5.1.2. Restraints
  - 5.1.2.1. Shortage of skilled cybersecurity professionals
- 5.1.3. Opportunities
  - 5.1.3.1. Integration of next generation technologies into CSPM solutions
  - 5.1.3.2. Rising demand of cloud security posture management across 5G technology
- 5.1.4. Challenges
  - 5.1.4.1. Complexity involved in managing security across multi-cloud environments
5.2. Market Segmentation Analysis
- 5.2.1. Deployment Type: Higher preferences for public cloud CSPM deployment which provides scalability and cost-efficiency
- 5.2.2. End-use: Growing adoption of CSPM in BFSI and government sectors to protect sensitive financial and national data
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Cloud Security Posture Management Market, by Deployment Type

6.1. Introduction
6.2. Private Cloud
6.3. Public Cloud

7. Cloud Security Posture Management Market, by Cloud Model

7.1. Introduction
7.2. Infrastructure-as-a-service
7.3. Platform-as-a-service
7.4. Software-as-a-service

8. Cloud Security Posture Management Market, by Organization Size

8.1. Introduction
8.2. Large Enterprises
8.3. Small & Medium Enterprises

9. Cloud Security Posture Management Market, by End-use

9.1. Introduction
9.2. BFSI
9.3. Defense/Government
9.4. Energy
9.5. Healthcare
9.6. IT & Telecom
9.7. Manufacturing
9.8. Retail

10. Americas Cloud Security Posture Management Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Cloud Security Posture Management Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa Cloud Security Posture Management Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape

13.1. Market Share Analysis, 2023
13.2. FPNV Positioning Matrix, 2023
13.3. Competitive Scenario Analysis
- 13.3.1. Check Point Software Technologies Partners with TELUS to Launch New Cloud Security Posture Management Service
- 13.3.2. WithSecure Launches Cloud Security Posture Management
- 13.3.3. Orca Security Launches Full Cloud Data Security Posture Management (DSPM) on Industry's Most Comprehensive Cloud Security Platform
13.4. Strategy Analysis & Recommendation

14. Competitive Portfolio

14.1. Key Company Profiles
14.2. Key Product Portfolio