Emerging Template Market Growth Trends: How Cloud Security is Reshaping Market Size & Industry Expansion

The Business Research Company’s report on the Cloud Security Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.

How have key drivers contributed to the rapid growth of the cloud security market?

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 World Economic Forum, a Switzerland-based organization, the cost of cybercrime rose 14% in 2022-23 from 2021-22. Therefore, the rising number of cyber-attacks drives the growth of the cloud security market.

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How has the cloud security market size evolved, and what are the latest forecasts for its expansion?

The cloud security market size has grown rapidly in recent years. It will grow from $17.11 billion in 2024 to $19.71 billion in 2025 at a compound annual growth rate (CAGR) of 15.2%. 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 exponential growth in the next few years. It will grow to $43.7 billion in 2029 at a compound annual growth rate (CAGR) of 22.0%. 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.

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Which major companies dominate the cloud security market?

Major 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 trends will shape the future of the cloud robotics 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 environments.

Which region dominates the cloud security market, and what factors contribute to its leadership?

North America was the largest region in the cloud security market in 2024.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

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How is the cloud security market segmented, and which segment holds the largest share?

The cloud security market covered in this report is segmented –

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

Subsegments:

1) By Application Security: Web Application Firewalls (WAF), Application Security Testing, Identity And Access Management (IAM)

2) By Database Security: Data Encryption, Database Activity Monitoring, Vulnerability Assessment

3) By Endpoint Security: Endpoint Detection And Response (EDR), Mobile Device Management (MDM), Antivirus And Anti-malware Solutions

4) By Network Security: Intrusion Detection And Prevention Systems (IDPS), Virtual Private Networks (VPN), Secure Access Service Edge (SASE)

5) By Web And Email Security: Email Filtering And Anti-Phishing Solutions, Secure Web Gateways, URL Filtering

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How is the cloud security market defined?

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.

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