According to the report, The growing adoption of private and public cloud computing models has made many organizations inclining towards the cloud, awareness about data security drives the market growth. is one of the primary growth factors for the market. Unauthorized Cloud Access, Insecure Connections, Malicious Cloud Platform Fixes, and Account Hijacking Increase Market Demand is also expected to contribute significantly to the Cloud Workload Protection market. Overall, Banking, Financial Services, and Insurance (BFSI)
applications of Cloud Workload Protection, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Enterprise Size, such as Small and Medium-sized Enterprises (SMEs), is boosting the Cloud Workload Protection market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Deployment Type, such as Public Cloud, is boosting the Cloud Workload Protection market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
Furthermore, some recent industry insights like "In Jan.2021, Symantec Cloud Workload Protection is now hosted on the Google Cloud Platform. This means that all diconow cloud services have been transferred to GCP and thus improve efficiency and robustness while operating on simplified infrastructure. and In Feb 2021, McAfee and Ingram Micro Inc., a global leader in technology and logistics services, have announced an expanded global partnership based on the transformation of the McAfee channel program. The new agreement will provide access to McAfee's products and solutions across Ingram Micro's global distribution network, including its regional Cloud and Centres of Excellence." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Cloud Workload Protection market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Cloud Workload Protection market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall market size is calculated using market estimation process, the market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the market size has been validated using both top-down and bottom-up approaches.