The global cloud security posture management market size, which currently stands at $4.92 billion in 2024, is projected to grow to $5.55 billion in 2025 at a compound annual growth rate (CAGR) of 12.8%. This significant growth in the market is mainly driven by the increased adoption of cloud computing, growing concerns about data breaches and cybersecurity threats, compliance requirements and regulations for data protection, and the complexity of managing security in multi-cloud environments.
Looking ahead, the cloud security posture management market size is expected to witness rapid growth over the next few years, growing to $10.31 billion in 2029 at a CAGR of 16.7%. The reasons for this forecasted growth include continued growth of cloud adoption across industries, the increase in frequency and sophistication of cyberattacks, the expansion of hybrid and multi-cloud architectures, and the increased focus on real-time monitoring and response capabilities.
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Are there Significant Drivers of the Global Cloud Security Posture Management market growth?
The internet has experienced a massive increase in users for employment, education, and leisure, which has driven significant growth for the cloud security posture management industry. This increase in internet use has led to a rise in the demand for cloud security posture management (CSPM) technologies due to the surge in bandwidth demand and rampant cyberattacks such as Ransomware and Distributed Denial of Service (DDoS). As the need to secure data against these threats increases with the growing use of the internet, so does the demand for CSPM.
What are the Segments of the Global Cloud Security Posture Management Market?
The cloud security posture management market is segmented as follows:
1) By Component: Solution, Services
2) By Organization Size: Large Enterprises, Small and Medium Enterprises
3) By Cloud Model: Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS), Software-as-a-Service (SaaS)
4) By Vertical: BFSI, Healthcare, Retail, Trade, IT, Telecommunication, Public Sector
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Which are the Major Players in the Global Cloud Security Posture Management Market?
Major companies operating in the cloud security posture management market include International Business Machines Corporation, Cisco Systems Inc., Microsoft Corporation, VMware Inc., Check Point Software Technologies Ltd., CrowdStrike Inc., NetApp Inc., Palo Alto Networks Inc., Fortinet Inc., Qualys Inc., McAfee LLC, Trend Micro Incorporated, Lacework Inc., SentinelOne Inc., Sophos Ltd., Aqua Security Software Ltd., Cloudflare Inc., Armor Defense Inc., Alert Logic Inc., BMC Software Inc., CipherCloud Inc., CloudPassage Inc., Dome9 Security Ltd., HyTrust Inc., Illumio Inc., RedLock Inc., Skyhigh Networks Inc., Symantec Corporation, Tenable Inc., Threat Stack Inc., Twistlock Ltd., Zscaler Inc., CloudCheckr Inc.
What are the Emerging Trends in the Global Cloud Security Posture Management Market?
One key trend gaining popularity in the cloud security posture management market is new product innovation. Major companies in the sector are focused on developing new technological solutions to strengthen their position in the market. For instance, Finland-based cloud security posture management firm, WithSecure, launched a novel module for its WithSecure Elements security platform in May 2023. This module detects unsafe cloud settings used by attackers to infiltrate networks, thereby helping enterprises ensure that their cloud migration incorporates security.
Which Region is Dominating the Global Cloud Security Posture Management Market?
North America was the largest region in the cloud security posture management market in 2024 and is expected to be the fastest-growing region in the forecast period. The regions covered in the report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
How Would You Define the Global Cloud Security Posture Management Market?
Cloud security posture management refers to IT security technologies designed to detect cloud misconfiguration problems and compliance threats, as well as to continuously monitor the cloud infrastructure for a lack of compliance with security policy. It’s used by businesses that wish to extend their security best practices to hybrid and multi-cloud systems and have embraced a cloud-first strategy. Although CSPM is frequently associated with infrastructure as a service (IaaS) cloud service, the technology can also be utilized in software as a service (SaaS) and platform as a service (PaaS) cloud settings to reduce configuration errors and lower compliance risks.
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