The global cloud
security market is foreseen to grow by 15.4%, from USD 40.61 Billion in 2021 to
USD 127.73 Billion in 2029. Growing sophistication of cybercrimes, cyber
espionage campaigns, and generation of new cyberattacks, upsurge in BYOD and CYOD
trends to boost the demand for cloud security, upthrust in the use of
cloud-based solutions and MSS drive the market for the upcoming forecast period.
However, distrust and weak collaboration among enterprises and cloud security
service providers remains one factor hindering the market growth over the
anticipated period.
Market Definition
What Is Cloud Security?
Cloud security is a collection of security measures
designed to protect cloud-based infrastructure, Deployment Models, and data.
These measures ensure user and device authentication, data and resource access
control, and data privacy protection. They also support regulatory data
compliance. Cloud security is employed in cloud environments to protect a
company's data from distributed denial of service (DDoS) attacks, malware,
hackers, and unauthorized user access or use.
Market Overview
The
cloud security market search study helps to thoroughly understand the
current trend in the market competitive analysis of the players in the emerging
market. Moreover, the DRO in the cloud security market offers valuable
perspicuity and a current scenario for making the right decision. The research
study covers the eminent players in the market with a detailed analysis of the
company and a financial overview containing their net sales, business mix and
geographical reach It mainly focuses on the key developments of the
products/services offered by the company in recent years. Besides, we at
Zettabyte have the expertise to analyses the global cloud security market player's
competitive landscape helping the client comprehend their specific strategic
growth approaches.
Cloud security
market study by "Zettabyte Analytics" offers details about the market
scope, market segmentation, technological advancement in the cloud security
market and highlights the optimistic, competitive landscape and trends enduring
over the years.
Major players in
the cloud security market include Amazon Web Services, Aqua Security, Avanan,
Bitglass (Forcepoint), Broadcom, Check Point, Ciphercloud, Cisco, Cloudflare, Cloudpassage,
Fireeye, Forcepoint, Foreseeti, Fortinet, Google, IBM, Illumio, Imperva, Mcafee,
Microsoft, Netskope, Palo Alto Networks, Proofpoint, Qualys, Sitelock, Sophos ,
Tenable, Trend Micro , Varmour, Zscaler
COVID-19 Impact on Global Cloud
Security Market
The global impact
of COVID-19 has lost millions of lives with a massive cost to the healthcare
system. Moreover, the treatment cost for patients with COVID-19 has also had a
financial impact globally. the impact of COVID-19 on the cloud security market
has forced the companies to change their sourcing, pricing, and promotion
strategies. the cloud security market players are seen focusing more on
optimizing the e-commerce networks with the rising innovations in the digital
sector, which are creating new business models for the Information &
Communications Technology industry player.
Research Scope
The report
provides market value for the base year 2021 and a yearly forecast from 2022 to
2029 in revenue (USD Million/ Billion). the market for each segment is present
in North America, Europe, Asia Pacific, Latin America, Middle East &
Africa, and the regional basis for the forecast mentioned above.
Key industry
dynamics, regulatory scenarios, major material dynamics and cloud security
market future markets are analyzed to understand their impact on demand for the
forecast period. growth rates have been estimated using correlation, regression
and time-series analysis.
Market Segmentation
For the purpose
of this report, the global cloud security market segmented on the basis of security
type, solution type, service model, deployment model, organization type, Deployment
Model, and region:
Security Type Outlook:
On the basis of
security type, the market is segmented into deployment model security, database
security, endpoint security, network security, web and email security.
Solution Type Outlook:
On the basis of
solution type, the market is segmented into Data Loss Prevention (DLP),
Encryption, Identity and Access Management (IAM), Intrusion Detection System
(IDS)/Intrusion Prevention System (IPS), Security Information and Event
Management (SIEM), Others.
Figure 1 Cloud Security Market By Solution
Type (Market Size And Forecast By Value - USD Million, 2021 & 2029)

Service Model Outlook:
On the basis of
service model, the market is segmented into Infrastructure-as-a-Service (IaaS),
Platform-as-a-Service (PaaS), Software-as-a-Service (SaaS).
Deployment Model Outlook:
On the basis of
deployment model, the market is segmented into hybrid cloud, private cloud,
public cloud.
Figure 2 Deployment Model Outlook (Revenue, USD
Million, 2021)

Organization Type Outlook:
On the basis of
organization type, the market is segmented into small and medium enterprises
(SMEs), large enterprises.
Application Outlook:
On the basis of
application, the market is segmented into aerospace and defense, automotive,
banking, financial services, and insurance (BFSI), energy and utilities,
government and public utilities, healthcare and life sciences, it and telecom,
manufacturing retail, others.
Regional Outlook (Revenue, USD million; 2021
& 2029)
Regional Outlook
(Revenue, USD million; 2018-2029)
|
North America
|
U.S.
|
|
Canada
|
Europe
|
Germany
|
|
U.K.
|
|
France
|
|
Spain
|
|
Italy
|
|
Rest of the Europe
|
Asia Pacific
|
India
|
|
Japan
|
|
China
|
|
South Korea
|
|
Australia
|
|
Rest of Asia-Pacific
|
Middle East & Africa
|
UAE
|
|
Saudi Arabia
|
|
South Africa
|
|
Rest of Middle East & Africa
|
Latin America
|
Brazil
|
|
Mexico
|
|
Argentina
|
|
Rest of Latin America
|
Figure 3 Cloud Security Market: Regional Dynamics
