The global cloud security market is anticipated to grow at a considerable CAGR of around 13.9% during the forecast period. The global cloud security market is highly fragmented, as several cyber threats are forcing governments and respective industries to invest more in their cyberspace. Increasing investment is driving many new players that provide solutions at lower prices into the market. The market players are constantly innovating and upgrading their product offerings to cater to the increasing market demand. Many key market players are launching their products in the partnership. Some of the partnerships to launch the products are
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- In December 2021 – Verizon and Google Cloud are working together to conduct the power of the cloud closer to mobile and connected devices at the edge of Verizon’s network. With Verizon 5G Edge and Google Distributed Cloud Edge, Verizon plans to conduct Google’s computing and storage services to the edge of the local network authorizing the bandwidth and low latency needed to support real-time enterprise applications like autonomous mobile robots and intelligent logistics and factory automation.
- In November 2021, Kyndryl and Microsoft entered a global strategic partnership that cooperate their market-leading capabilities in the service of enterprise customers. Together the companies have brought state-of-the-art market solutions built on the Microsoft Cloud that accelerate hybrid cloud affection, modernize applications and processes, supports mission-critical workloads, and further enable modern work experiences for customers.
Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered-
o By Service Model
o By Security Type
o By Application
o By Verticals
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- including Amazon Web Services, Inc., Check Point Software Technologies Ltd., Cisco Umbrella, DXC Technology Co, Foreseeti AB, Fortinet, Inc. and others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Cloud Security Market Report Segment
By Service Model
- IaaS
- PaaS
- SaaS
By Security Type
- Perimeter Security
- Network Security
- Endpoint Security
- Application Security
- Others
By Application
- Visibility & Risk Assessment
- User & Data Governance
- Activity Monitoring & Analytics
- Threat Protection & Remediation/ Mitigation
- Other Applications
By Verticals
- Healthcare &Life Sciences
- Transportation & Warehousing
- Manufacturing
- Educational Services
- Others
A full report of Cloud Security Market is available at: https://www.omrglobal.com/industry-reports/cloud-security-market
Cloud Security Market– Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- Amazon Web Services, Inc.
- Check Point Software Technologies Ltd.
- Cisco Umbrella
- Datadog, Inc.
- DXC Technology Co.
- Foreseeti AB
- Fortinet, Inc.
- IBM Corp
- Intel Corp
- McAfee, LLC.
- Microsoft
- NOZOMI NETWORKS INC.
- PALO ALTO NETWORKS
- Perimeter 81 Ltd.
