What is Cloud Security Management?
Cloud security, also known as cloud computing security, is a collection of regulations that work together to keep cloud-based systems and data safe. The security mechanisms are in place to protect cloud data, aid regulatory compliance, protect customer privacy, and user and device verification processes. Cloud security may be adapted to a company's specific requirements. Furthermore, cyber threats have increased, and because the situation is growing more complicated, cloud computing is no less vulnerable than the on-premises system.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Y) |
Key Companies Profiled | Microsoft (United States), Amazon Web Services (United States), McAfee (United States), Trend Micro (Japan), Qualys (United States), Broadcom (United States), Cisco (United States), Checkpoint (United States), IBM (United States), Foreseeti (Sweden), Sophos (United Kingdom), Forcepoint (United States), Palo Alto Networks (United States), Bitglass (United States), Imperva (United States), CipherCloud (United States), Proofpoint (United States), Zscaler (United States) and FireEye (United States) |
The study covers a detailed analysis segmented by key business segments i.e. , by application (Visibility and Risk Assessment, User and Data Governance, Activity Monitoring and Analytics, Threat Protection and Remediation/ Mitigation and Other) and major geographies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Cloud Security Management market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Cloud Security Management market report suggests strategies that Players can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Players, some of them are Microsoft (United States), Amazon Web Services (United States), McAfee (United States), Trend Micro (Japan), Qualys (United States), Broadcom (United States), Cisco (United States), Checkpoint (United States), IBM (United States), Foreseeti (Sweden), Sophos (United Kingdom), Forcepoint (United States), Palo Alto Networks (United States), Bitglass (United States), Imperva (United States), CipherCloud (United States), Proofpoint (United States), Zscaler (United States) and FireEye (United States).
Market Overview:
On 7 June 2021, Deloitte & Touche has acquired CloudQuest, a cloud security posture management. The acquisition helps Deloitte with security, automation, and response strategy. The acquisition of CloudQuest reflects Deloitte's ongoing devotion to changing with clients, competing aggressively in the market, and actively developing tech-enabled methods that position cyber as an indisputable business enabler. Organizations seek to improve or create their security postures for cloud or hybrid-cloud settings, with the company's services and solutions portfolio increasing and diversifying to assist clients in continually monitor, avoid, and remediate security risks.
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth.
Influencing Trend:
Rising New Technology in Security from the Protection of Advanced Threats and Malware Attacks on Cloud-Based Applications
Market Growth Drivers:
Increasing Cyber-Attack and Data Leakage on Cloud IT Infrastructure Leads to Data Loss and Growing Need of Compliance for Various Stringent Regulations
Challenges:
Problem while Selecting the Right Platform to Deploy Due to Various Service Model by the Enterprises is Challenge for the Cloud Security Management Market
Restraints:
Lack of Awareness about Benefits and Potential Such as Installation and Technical Supports in Some of the Regions will Constrain the Cloud Security Management Market
Opportunities:
Growing Number of SMEs that Use Cloud-Based Tools and Application Leads the Use of Cloud Security Management Market and Government Investing in Cloud Computing Delivery Model for Smart Cities Initiative is Fueling the Cloud Security Management Market
Key highlights of the Global Cloud Security Management market Study:
CAGR of the market during the forecast period 2022-2028
In-depth information on growth factors that will accelerate the Cloud Security Management market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Cloud Security Management market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Players
Comprehensive information about factors that will challenge the growth of Cloud Security Management Players
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Cloud Security Management market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Cloud Security Management market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Cloud Security Management Providers, Cloud Security Management Association, Cloud Security Management International Traders, Research and Development Institutes, Financial Institutes and Investors, Regulatory Bodies and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.