Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!
What Is The Expected Growth of The Global Cloud Security Market?
The cloud security market size has witnessed robust growth over the past few years, moving from $17.11 billion in 2024 to the projected $19.71 billion in 2025 at a compound annual growth rate (CAGR) of 15.2%. The progress in recent history is majorly attributed to regulatory compliance requirements, a surge in identity and access management, the ‘bring your own device’ culture, and advanced persistent threats.
Further expansion is on the horizon with expectations for the market size to reach $43.7 billion in 2029 at a CAGR of 22.0%. Anticipated growth elements include adoption of the zero trust security model, implementation of container security measures, increasing global privacy concerns, and enhanced security awareness training. The forecast period will also see major trends such as multi-cloud security strategies, collaborations with managed security service providers, secure cloud-native networking, identity and access management enhancements, and integrated cloud security platforms.
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What Are The Key Drivers For The Growth of The Cloud Security Market?
The cloud security market’s growth trajectory is notably fueled by the rising number of cyberattacks. Cyberattacks seek to penetrate data systems maliciously. The increase in these attacks has contributed to higher demand for cybersecurity solutions. For instance, the World Economic Forum reported a 14% surge in the cost of cybercrime from 2021-22 to 2022-23. Therefore, the escalating number of cyberattacks continues to steer the growth of the cloud security market.
What Are The Key Segments in The Cloud Security Market?
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
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Who Are The Key Players In The Cloud Security Market?
Prominent companies operating in the cloud security market include 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.
What Are The Emerging Trends in The Cloud Security Market?
Technological advancements, such as Amazon Security Lake by Amazon Web Services, are the latest trends making significant headways in the cloud security market. Amazon Security Lake was introduced to automatically centralize security data from several sources into a purpose-built data lake, fostering improved security stances, faster responses to security events, and easier security data management across hybrid and multi-cloud environments.
What Are The Growth Projections in Regional Cloud Security Markets?
North America was the largest region in the cloud security market in 2024. However, Asia-Pacific is predicted to witness the fastest growth during the forecast period. The regions covered in this report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
What Does The Cloud Security Market Report 2025 Offer?
Cloud security refers to the series of policies, procedures, and technologies that collaborate to safeguard cloud data. It shields against data breaches, loss of confidential data, and insecure application programming interfaces (API). It also enhances cloud providers’ security capabilities and risk assessment. The Cloud Security Market research report from The Business Research Company presents comprehensive data about the global market size, growth rate, regional shares, detailed segments, trends, and opportunities.
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