Industry Background:
Cloud workload protection is a process of keeping loads of services moving to different cloud locations securely. The entire workload must be functional in a cloud-based application in order to work properly without presenting security risks. Workload contains all the processes and resources that support an application and its integration. In the cloud, the load includes the application, the data generated or installed in the system, and the network resources that support communication between the user and the application.This growth is primarily driven by Unauthorized Cloud Access, Insecure Connections, Malicious Cloud Platform Fixes, and Account Hijacking Increase Market Demand.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Technology sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Microsoft Corporation (United States), Bitdefender (Romania), Illumio (United States), Kaspersky (Russia), Lacework (United States), McAfee (United States), Orca (New Zealand), Symantec (United States), Trend Micro (Japan) and VMware (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On January 17, 2020, FireEye, Inc., a leading security company, announced the acquisition of Cloudvisory. The acquisition will increase cloud computing security capabilities on FireEye® Helix®, providing customers with a single integrated operating platform for cloud security and content protection.
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.The Global Cloud Workload Protection market is a fragmented market where global players strive to make a simple but effective cloud workload security in multiple spaces in order to make it more cost-efficient and work efficient. Although companies hold a specialty in comprehensive operation security today, they should focus to achieve workload security through merging or acquiring the companies with specialty in CWPP (cloud workload protection). Key players have understood the same and are on the acquisition role in order to outsource the CWP.
Influencing Trend:
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.
Market Growth Drivers:
Unauthorized Cloud Access, Insecure Connections, Malicious Cloud Platform Fixes, and Account Hijacking Increase Market Demand
Challenges:
Lack of Awareness in Small Organisations Regarding Cloud Workload Protection and Lack of Guidance in Transferring the Data to the Cloud Securely and Shortage of Security Cracks across the Different Cloud Workloads
Restraints:
Serious Concerns Regarding Data Confidentiality and Breach. and Possibilities of Sudden Data Computation Overload and Outage from CSP End.
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Cloud Workload Protection Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Cloud Workload Protection Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Cloud Workload Protection players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Cloud Workload Protection Study Sheds Light on
The Cloud Workload Protection Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Cloud Workload Protection industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Cloud Workload Protection industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.