Global Cloud Security Market Analysis & Outlook 2030

The cloud security software market is projected to grow at a CAGR of about 6% over the forecast period (2022-2030), with the revenue estimated to be USD 32 billion by 2021. Increasing data production and technological complexity have forced businesses to rely on cloud services to operate and manage their data. This growing adoption of cloud services has a direct impact on the demand for cloud security solutions. According to a study published by CenturyLink, cloud computing is expected to generate $411 billion in revenue by 2020, and cloud technologies and cloud-based resources will help reduce the spread of deadly cybersecurity threats. Cloud security follows some of the policies and controls needed to secure applications, data, and infrastructure. Threats such as data breaches, data loss, and insecure application programming interfaces (APIs) are common in cloud computing environments. Advances in the computing environment and related technologies have paved the way for new threats. Cyberattacks are highly targeted, frequent and technologically advanced attacks. Cloud computing has grown rapidly in recent years, but data and software security is critical.

 According to the 2019 Security Operations Report, 4.1 billion data files are exposed to data breaches and cyberattacks. The most common threats to the cloud have been using brute force or stolen credentials to target IoT or web applications, for example through SQL injection or fraud attacks between websites. 42%), improper configuration of cloud platforms (40%) and account hijacking (39%). Flexeras software also claims that C security is a major challenge.

Key Market Trends:

The healthcare industry makes extensive use of the cloud security market. Healthcare organizations are increasingly expanding with outsourcing and adoption of telemedicine clinics, examination sites, rehabilitation centers, and medical applications. And lots of resources on different devices. Healthcare organizations know the benefits of cloud technology, and advances in healthcare, such as electronic health records, have increased the flexibility, scalability, and availability of systems and applications. Patient data recorded at each hospital. Implementation also increases potential data vulnerabilities. Network security is very important. Serious breaches have been reported in the healthcare industry with respect to the popularity of the privacy cloud by Healthcare Data Protection Essentials and Essentials, Premiera Blue Cross and Anthem Inc. Medical records are attractive targets because sensitive information can be used for privacy theft and insurance fraud. According to the Protenus Barometer Annual Report 2019, the number of injured patients tripled in 2018 to 15 million.

The increase of 5,579,438 incidents in 2017 to 15,085,302 records in 2018 reflects a small increase in health data breaches, from 477 in 2017 to 503 in 2018. Cloud-based security is more efficient. For example, Microsoft Integrated Intelligence Charts collect billions of data points every day and use machine learning and artificial intelligence to analyze and detect advanced cybersecurity attacks.

Asia Pacific has the highest growth rate:

The Asia Pacific region has made great strides in the digital economy. However, it also creates more opportunities in terms of threats. According to Cisco, six jobs per minute are threatened in Asia Pacific, and 51% of all cyberattacks cost more than $1 million. In addition to financial losses, cybersecurity incidents are undermining Asias capabilities. Pacific businesses build trust to benefit their customers and other stakeholders. According to the Hui Rapid Threat 2019 Annual Report, major Indian cities such as Mumbai, Delhi, Bangalore and Calcutta were the most targeted cities in terms of online attacks, with 973 million attacks in 2019. With a quick recovery, India affected about 1,852 people. Windows devices in the region and some governments have enacted new cybersecurity laws to prevent phishing scams. For example, in Malware and Other Cybersecurity Threats India, NITI Aayog aims to standardize, test, verify and build capabilities to investigate financial attacks, compromises and abuses, and to protect critical infrastructure from espionage. He developed a new policy. Issues related to the electronic ecosystem. .. they have established their position in the Asia Pacific region. For example, in March 2020, Singapore-based cybersecurity firm Hurangi raised $20 million in a Series B investment, which the company uses to expand its business in Southeast Asia and improve its cloud security Warden product. will do in this area. Warden protects companies using public cloud infrastructure from severe threats and security breaches in the cloud.

Competitive Approach:

The cloud security software market has been fragmented over the years due to increasing cyberattacks. Companies including NortonLifeLock Inc. (Broadcom Inc.), CA Technologies (Broadcom Inc.), Microsoft Corporation and Armor Defense Inc. are becoming increasingly aware of their data stored in the cloud. The same is true. May 2020 - I use products from companies like IBM Corp. We work with Alert Logic to provide Alert Logic (MDR) security services to our cloud customers. May 2020 - McAfee partners with Atlassian to provide advanced security and data protection services to customers looking to accelerate cloud traffic.

Atlassian customers work together to leverage the power of McAfee MVISON Cloud to enforce security policies. MVISION Cloud Platform as a Service (PaaS), Software as a Service (SaaS), Infrastructure as a Service (IaaS) Platform as a Service and DevOps environments are visualized and controlled through a single, integrated security platform. At the same time, you have full control over your cloud service from managed and unmanaged devices. April 2020 - Rapid7 DivCloud Corp. With $145 million, companies can protect data and applications on remote computer systems.

The DivvyCloud platform combines insight, automated prevention, real-time risk mitigation, protection against misrepresentation, policy violations, and detection and access to external and internal threats and management issues across multi-cloud environments. Starring: CA Technologies (Broadcom Inc.) Trend Micro, Inc. Check Point Software Technologies Armor Defense Inc. ibmcompany.

Geography Analysis:

The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

• North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
• Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
• Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

.