Global Cloud Security Market by Deployment (Private, Public, Hybrid), by Types (Virtualization, Cloud Database Security, Network Security), by End-user (Healthcare, Retail, BFSI, IT & Telecom) – Forecast to 2022
Cloud Security Global Market – Overview
Cloud security refers to broad set of policies and technologies that are deployed to provide security to the organizational data and manage it efficiently. Cloud security helps to prevent several kinds of cyber attacks and protects the data in case of any breach happens. Cloud security also helps in the maintenance and keeping the data confidential and prevent the unauthorized access to the employees as well as other external stakeholders. Rapid changes in technology and increasing amount of digital content by the industrial sectors needs to be protected and as the deployment of manual security is becoming efficient, companies are opting for cloud solutions which helps to manage huge amount of data without any restriction. The data uploaded by the companies are confidential in nature and any breach and theft may lead to loss of billions of dollars. To overcome from these problems, cloud security or cloud computing security comes into picture where with the help of policies and new technologies, companies defines and provides access to the required people only.
One of the major driving factor behind the growth of cloud security market is increasing cyber security threats. Also, various other factors such as increasing dependency of the industries on cloud computing and rise in employee mobility is also expected to drive the market growth in the coming years. Concept such as BYOD is also one of the factor behind the growth of cloud security market.
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Cisco Systems, Inc. (U.S.), IBM Corporation (U.S.), Symantec Corporation (U.S.), Trend Micro Inc. (Japan), CA Technologies, Inc. (U.S.), Microsoft Corporation (U.S.), Okta, Inc. (U.S.), Cloud Passage Company (U.S.), Intel Corporation(U.S.) and Fortinet, Inc. (U.S.) among others are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the global Cloud Security market.
Cloud Security Global Market – Segmentation
Segmentation by Deployment: Public, private and hybrid
Segmentation by Types: Virtualization security, network security, cloud database security, e-mail & web security and data loss prevention among others
Segmentation by Industry: Small and medium enterprises and large enterprises
Segmentation by End Users: Retail, healthcare, IT & telecom, BFSI and government utility among others
Cloud Security Global Market – Regional Analysis
Cloud Security Market is growing with the positive growth in all the regions. North America is dominating the market due to rich presence of manufacturing companies in U.S and Canada. The region is also one of the prominent leader in IT industry and one of the largest supplier of technology around the world. Europe stands as second largest market for cloud security. Growing industrialization and high adoption of cloud computing in BFIS and manufacturing industry in European countries are some of the major driving factor. Also, many companies are also setting up their data centers in Europe due to the favourable regulations in the countries. Asia Pacific region stands as third largest market due to rich presence of manufacturing companies in China, India, Japan, Taiwan and South Korea. Also, developing economy of China and India is also supporting the market of cloud security in Asia Pacific region.
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