Cloud Security Global Market Report 2024

Description

“Cloud Security Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on cloud security market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
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Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for cloud security? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The cloud security market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Security Type: Application Security; Database Security; Endpoint Security; Network Security; Web and Email Security
2) By Service Model: Infrastructure-as-a-Service (IaaS); Platform-as-a-Service (PaaS); Software-as-a-Service (SaaS)
3) By Deployment: Public; Private; Hybrid
4) By End User: BFSI; Healthcare; IT and Telecom; Other End Users
Companies Mentioned: Microsoft Corporation; Cisco Systems Inc.; Cloudflare Inc.; FireEye Inc.; International Business Machines Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Cloud security is a set of policies, procedures, and technologies that work together to protect cloud data. Cloud security protects against data breaching, loss of confidential data, and insecure application programming interfaces (API) and improves the security capabilities and risk assessment of the cloud providers.

The main types of cloud security are application security, database security, endpoint security, network security, and web and email security. Application security has both hardware and software procedures to minimize data threats. The different service models include infrastructure-as-a-service (IaaS), platform-as-a-service (PaaS), and software-as-a-service (SaaS) and are deployed through public, private, and hybrid. It is employed in several sectors such as BFSI, healthcare, IT, and telecom, among others.

The cloud security market research report is one of a series of new reports from The Business Research Company that provides cloud security market statistics, including cloud security industry global market size, regional shares, competitors with a cloud security market share, detailed cloud security market segments, market trends and opportunities, and any further data you may need to thrive in the cloud security industry. This cloud security market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The cloud security market size has grown rapidly in recent years. It will grow from $15. 03 billion in 2023 to $17. 48 billion in 2024 at a compound annual growth rate (CAGR) of 16. 3%. The growth in the historic period can be attributed to regulatory compliance requirements, focus on identity and access management, bring your own device trend, advanced persistent threats, .

The cloud security market size is expected to see rapid growth in the next few years. It will grow to $35. 22 billion in 2028 at a compound annual growth rate (CAGR) of 19. 1%. The growth in the forecast period can be attributed to zero trust security models, container security measures, global privacy concerns, security awareness training, . Major trends in the forecast period include multi-cloud security strategies, collaboration with managed security service providers, secure cloud-native networking, identity and access management enhancements, integrated cloud security platforms. .

The rising number of cyberattacks is expected to propel the growth of the cloud security market going forward. A cyberattack is a malicious and deliberate effort by an individual or organization to breach the data of another individual or business. Organizations use cyber security for minimizing cyber-attacks, as result, the rise in the number of attacks increases the demand for the cybersecurity market. For instance, in November 2022, according to the Australian Cyber Security Centre, an Australia-based government agency, the number of cybercrime reports received in 2021-2022 was 76,000, an increase of nearly 13% from the 2020-2021 financial year. Therefore, the rising number of cyber-attacks drives the growth of the cloud security market.

Growing digitalization and cloud computing are expected to propel the growth of the cloud security market. Digitalization is the process of converting information or processes into digital form. Cloud computing is the on-demand delivery of computing resources, including servers, storage, databases, networking, software, analytics, and intelligence, over the Internet. Cloud security is used in digitalization and cloud computing to manage and secure volumes of data and streamline complex operations and processes. For instance, in January 2021, according to a 2021 survey report of 600 IT leaders from Software AG, a Germany-based enterprise software company, 97% of global IT directors reported that the companies underwent digital transformation in 2020. Further, IT leaders listed the areas of focus such as Cloud computing (67%), 5G (51%), AI (43%), and Integration (43%) as essential technologies in 2021. Therefore, the rising remote workforce drives the growth of the cloud security market.

Technological Advancements have emerged as a key trend gaining popularity in the cloud security market. Many companies are launching new technological solutions in cloud security to meet customer demand. For instance, in May 2023, Amazon Web Services, a US-based Cloud computing company, introduced a new service, Amazon Security Lake, a cloud security offering that automatically centralizes an organization's security data from multiple sources into a purpose-built data lake. It helps customers improve their security posture, respond faster to security events, and simplify security data management across hybrid and multi cloud environment.

Major companies operating in the cloud security market are focused on developing innovative technologies, such as integrated identity as a service (IDaaS) technology to strengthen their position in the market. Identity as a Service (IDaaS) is a cloud-based service model that delivers identity and access management (IAM) services to organizations. For instance, in May 2022, Censornet, a UK-based company that offers cloud access security, launched integrated identity as a service (IDaaS) technology into an intelligent cybersecurity platform. This launch extends its services to organizations, offering them comprehensive control over user access through seamless integration with its existing Web Protection, Cloud Application Security (CASB), Email Security, and Multi-Factor Authentication (MFA) solutions. The amalgamation of IDaaS with Censornet's intelligent security platform introduces advanced rules governing permissions, specifying who, when, and from where access to particular applications is granted.

In December 2021, F5 Networks, a US-based cloud security company acquired Threat Stack for an amount of $68 million. With this acquisition, F5 networks intend to extend their portfolio in cloud security solutions and also strengthen their security capabilities. Threat Stack is a US-based cloud security management company.

Major companies operating in the in the cloud security market report are Microsoft Corporation, Cisco Systems Inc., Cloudflare Inc., FireEye Inc., International Business Machines Corporation, McAfee Corp., Palo Alto Networks Inc., Proofpoint Inc., Qualys Inc., Trend Micro Incorporated, Zscaler Inc., Akamai Technologies Inc., Alphabet Inc., Barracuda Networks Inc., CrowdStrike Holdings Inc., CyberArk Software Ltd., Fidelis Cybersecurity Inc., Forcepoint LLC, Lacework Inc., Netskope Inc., Splunk Inc., Symantec Corporation, Tenable Inc., VMware Inc., Broadcom Inc., Sophos Group PLC, Bitglass Inc., Imperva Inc., CloudPassage Inc., Avanan Inc., Illumio Inc., vArmour Inc., Aqua Security Inc., SiteLock LLC, Accenture plc,Amazon Web Services Inc., Check Point Software Technologies Ltd.,

North America was the largest region in the cloud security market in 2023. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the cloud security market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the cloud security market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.

The cloud security market includes revenues earned by entities by providing cloud security services that automate the processes for protecting an organization's cloud, avoiding unauthorized access, provides identity & access management, data loss prevention, web security, e-mail security, security assessments, intrusion management, encryption, disaster recovery, and network security. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified)).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r10239

1. Executive Summary

2. Cloud Security Market Characteristics

3. Cloud Security Market Trends And Strategies

4. Cloud Security Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Cloud Security Market Size and Growth

5.1. Global Cloud Security Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Cloud Security Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Cloud Security Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Cloud Security Market Segmentation

6.1. Global Cloud Security Market, Segmentation By Security, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Application Security
Database Security
Endpoint Security
Network Security
Web and Email Security
6.2. Global Cloud Security Market, Segmentation By Service Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Infrastructure-as-a-Service (IaaS)
Platform-as-a-Service (PaaS)
Software-as-a-Service (SaaS)
6.3. Global Cloud Security Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Public
Private
Hybrid
6. 4. Global Cloud Security Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
BFSI
Healthcare
IT and Telecom
Other End Users

7. Cloud Security Market Regional And Country Analysis

7.1. Global Cloud Security Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Cloud Security Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Cloud Security Market

8.1. Asia-Pacific Cloud Security Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Cloud Security Market, Segmentation By Security, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Cloud Security Market, Segmentation By Service Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. 4. Asia-Pacific Cloud Security Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Cloud Security Market

9.1. China Cloud Security Market Overview
9.2. China Cloud Security Market, Segmentation By Security, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Cloud Security Market, Segmentation By Service Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9. 4. China Cloud Security Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Cloud Security Market

10.1. India Cloud Security Market, Segmentation By Security, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Cloud Security Market, Segmentation By Service Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Cloud Security Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Cloud Security Market

11.1. Japan Cloud Security Market, Segmentation By Security, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.2. Japan Cloud Security Market, Segmentation By Service Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Cloud Security Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Cloud Security Market

12.1. Australia Cloud Security Market, Segmentation By Security, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Cloud Security Market, Segmentation By Service Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Cloud Security Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Cloud Security Market

13.1. Indonesia Cloud Security Market, Segmentation By Security, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Cloud Security Market, Segmentation By Service Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Cloud Security Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Cloud Security Market

14.1. South Korea Cloud Security Market, Segmentation By Security, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.2. South Korea Cloud Security Market, Segmentation By Service Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Cloud Security Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Cloud Security Market

15.1. Western Europe Cloud Security Market Overview
15.2. Western Europe Cloud Security Market, Segmentation By Security, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Cloud Security Market, Segmentation By Service Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. 4. Western Europe Cloud Security Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Cloud Security Market

16.1. UK Cloud Security Market, Segmentation By Security, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Cloud Security Market, Segmentation By Service Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Cloud Security Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Cloud Security Market

17.1. Germany Cloud Security Market, Segmentation By Security, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Cloud Security Market, Segmentation By Service Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Cloud Security Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Cloud Security Market

18. 5. France Cloud Security Market, Segmentation By Security, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. 6. France Cloud Security Market, Segmentation By Service Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. 7. France Cloud Security Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Cloud Security Market

19. 9. Italy Cloud Security Market, Segmentation By Security, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.10. Italy Cloud Security Market, Segmentation By Service Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.11. Italy Cloud Security Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Cloud Security Market

20.13. Spain Cloud Security Market, Segmentation By Security, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.14. Spain Cloud Security Market, Segmentation By Service Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.15. Spain Cloud Security Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Cloud Security Market

21.1. Eastern Europe Cloud Security Market Overview
21.2. Eastern Europe Cloud Security Market, Segmentation By Security, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Cloud Security Market, Segmentation By Service Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. 4. Eastern Europe Cloud Security Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Cloud Security Market

22.1. Russia Cloud Security Market, Segmentation By Security, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Cloud Security Market, Segmentation By Service Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Cloud Security Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Cloud Security Market

23.1. North America Cloud Security Market Overview
23.2. North America Cloud Security Market, Segmentation By Security, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Cloud Security Market, Segmentation By Service Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. 4. North America Cloud Security Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Cloud Security Market

24.1. USA Cloud Security Market Overview
24.2. USA Cloud Security Market, Segmentation By Security, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Cloud Security Market, Segmentation By Service Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. 4. USA Cloud Security Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Cloud Security Market

25.1. Canada Cloud Security Market Overview
25.2. Canada Cloud Security Market, Segmentation By Security, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Cloud Security Market, Segmentation By Service Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. 4. Canada Cloud Security Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Cloud Security Market

26.1. South America Cloud Security Market Overview
26.2. South America Cloud Security Market, Segmentation By Security, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Cloud Security Market, Segmentation By Service Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. 4. South America Cloud Security Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Cloud Security Market

27.1. Brazil Cloud Security Market, Segmentation By Security, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Cloud Security Market, Segmentation By Service Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Cloud Security Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Cloud Security Market

28.1. Middle East Cloud Security Market Overview
28.2. Middle East Cloud Security Market, Segmentation By Security, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Cloud Security Market, Segmentation By Service Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. 4. Middle East Cloud Security Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Cloud Security Market

29.1. Africa Cloud Security Market Overview
29.2. Africa Cloud Security Market, Segmentation By Security, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Cloud Security Market, Segmentation By Service Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. 4. Africa Cloud Security Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Cloud Security Market Competitive Landscape And Company Profiles

30.1. Cloud Security Market Competitive Landscape
30.2. Cloud Security Market Company Profiles
- 30.2.1. Microsoft Corporation
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1. 4. Financial Performance
- 30.2.2. Cisco Systems Inc.
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2. 4. Financial Performance
- 30.2.3. Cloudflare Inc.
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3. 4. Financial Performance
- 30.2. 4. FireEye Inc.
  - 30.2. 4.1. Overview
  - 30.2. 4.2. Products and Services
  - 30.2. 4.3. Strategy
  - 30.2. 4. 4. Financial Performance
- 30.2. 5. International Business Machines Corporation
  - 30.2. 5.1. Overview
  - 30.2. 5.2. Products and Services
  - 30.2. 5.3. Strategy
  - 30.2. 5. 4. Financial Performance

31. Global Cloud Security Market Competitive Benchmarking

32. Global Cloud Security Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Cloud Security Market

34. Cloud Security Market Future Outlook and Potential Analysis

34.1 Cloud Security Market In 2028 - Countries Offering Most New Opportunities
34.2 Cloud Security Market In 2028 - Segments Offering Most New Opportunities
34. 3 Cloud Security Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35. 4. Research Inquiries
35. 5. The Business Research Company
35. 6. Copyright And Disclaimer