Cloud application security is a service suite, which helps the organization to utilize the cloud infrastructure benefits. The services keep providing control over the cloud infrastructure to the IT team by providing improved visibility in the network. It consists of tools to assess uncover shadow IT, risks, investigate activities, enforce policies, and eliminate from the infrastructure.
Adroit Market Research study on the global market for Cloud Application Security offers a holistic view of the industry from 2020 to 2028 as a forecast period, including factors such as market drivers, limitations, opportunities, threats, and regulatory overview. The market has been analyzed from 2018 to 2028, with a base year estimate of 2019 and a projection from 2020 to 2028. The report covers the current status and potential characteristics of the market at both the global and the country level. Moreover, the report also assesses market competition with Porter's analysis of five strengths and places leading players on the basis of their product range, regional presence, strategic initiatives, and overall sales. Prominent players in the global composite resin market have been analyzed in depth.
The ongoing transition from 3rd generation (3G) to LTE (Long term evolution) and with the advent of 5th generation (5G), raising the demand for IP connected devices and IPv6 transitions, is increasing the adoption of cloud application security solutions. In addition, expansion in enterprise-based business models including improved concealed data usage for the center infrastructure via virtualizing techniques to attain competitive advantage is further boosting the adoption of cloud application security services.
The SME segment is witnessing a significant growth rate in the terms of organization size for the Cloud Application Security market, owing to the rising number of data breach incidences on the enterprise cloud applications, along with a surge in the cyber-attacks sophistication level. Furthermore, the large enterprise's segment is analyzed to hold a large share of the cloud application security on account of an early shift toward cloud application security solutions, accounting for large-scale utilization of cloud-based applications.
Asia Pacific region is anticipated to witness a substantial growth rate over the forecast period. The ongoing growth across 4G/LTE along with a shift toward the emerging 5G technology is primarily driving the cloud application security adoption in the region. The surge in the adoption of the Internet of Things (IoT) across different sizes of organizations is further expected to boost the regional market for cloud application security.
The key players of the global Cloud Application Security market report include- Bitglass, Inc., Censornet Ltd., Ciphercloud.com, Cisco Systems, Inc., Fortinet, Inc., Netskope, Inc., Microsoft Corporation, Oracle Corporation, Palo Alto Networks, Inc., Symantec Corporation, and Skyhigh Networks.
Key Segments of the Global Cloud Application Security Market
Type Overview, 2018-2028 (USD Million)
- Search Engine Software
- Content Marketing Software
Deployment Overview, 2018-2028 (USD Million)
Organization Size Overview, 2018-2028 (USD Million)
- Large Enterprises
End-Use Overview 2018-2028 (USD Million)
- Media & Entertainment
- Telecom & IT
Regional Overview, 2018-2028 (USD Million)
- Rest of Europe
- Rest of Asia-Pacific
Middle East and Africa
- South Africa
- Rest of Middle East and Africa
- Rest of South America