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COVID-19 Pandemic Impact on Global Cloud Security Solutions Market 2020-2024 | Technavio
[August 25, 2020]

COVID-19 Pandemic Impact on Global Cloud Security Solutions Market 2020-2024 | Technavio


The cloud security solutions market is expected to grow by USD 7.87 bn during 2020-2024, as per the latest research report by Technavio. The report offers a detailed analysis about the impact of COVID-19 pandemic on the market in optimistic, probable, and pessimistic forecast scenarios.

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Technavio has announced its latest market research report titled Global Cloud Security Solutions Market 2020-2024 (Graphic: Business Wire)

Technavio has announced its latest market research report titled Global Cloud Security Solutions Market 2020-2024 (Graphic: Business Wire)

Request for Technavio's market report estimates including pre- and post-COVID-19 impact on cloud security solutions market. Download a Free Sample Report on the impact of COVID-19 pandemic analysis.

Due to the extensive spread of the virus across the globe, the Information Technology Industry is anticipated to have Mixed impact. The cloud security solutions market will showcase Neutral impact during 2020-2024.

Cloud Security Solutions Market 2020-2024: Segmentation

Cloud Security Solutions Market is segmented as below:

  • End-user
    • BFSI
    • Healthcare
    • Retail
    • Government
    • Others
  • Geography
    • North America
    • Europe
    • APAC
    • MEA
    • South America

North America region will account for the highest incremental growth during the forecast period due to the emergence of IDaaS, rise in demand for vulnerability management and compliance, and partnerships between cloud service and traditional security solutions providers.

With the surging growth of COVID-19 pandemic, the Information Technology market is anticipated to have a Direct impact during the forecast period. Viewmarket snapshot before purchasing



Rise in demand from SMBs has been an instrumental factor in influencing the growth of cloud security solutions market. Other market drivers include regulatory requirements encouraging use of security solutions. Technavio offers custom research analysis on the crucial pointers to highlight the impact of COVID-19 on the market across the supply chain.

Key Considerations for Market Forecast:


  • Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
  • Optimistic, base case and pessimistic scenarios for all markets as the impact of pandemic unfolds
  • Pre- as well as post-COVID 19 market estimates
  • Quarterly impact analysis and updates on market estimates

Get more insights about the global trends impacting the future of cloud security solutions market, Request Free Sample @ https://www.technavio.com/talk-to-us?report=IRTNTR43568

Cloud Security Solutions Market 2020-2024: Vendor Analysis

The market is fragmented, and the degree of fragmentation will decelerate during the forecast period. Key players in the market have been launching several initiatives and introducing innovative products and services to cater to a larger target audience during the pandemic. Major market participants include Akamai Technologies Inc., Broadcom Inc., Check Point Software (News - Alert) Technologies Ltd., Cisco Systems Inc., Fortinet Inc., Imperva Inc., International Business Machines Corp., McAfee LLC, Sophos Ltd., and Trend Micro Inc.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by End-user

  • Market segments
  • Comparison by End-user
  • BFSI - Market size and forecast 2019-2024
  • Healthcare - Market size and forecast 2019-2024
  • Retail - Market size and forecast 2019-2024
  • Government - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by End-user

Market Segmentation by Component

  • Market segments
  • Comparison by Component
  • Cloud IAM - Market size and forecast 2019-2024
  • Cloud e-mail security - Market size and forecast 2019-2024
  • Cloud DLP - Market size and forecast 2019-2024
  • Cloud IDS/IPS - Market size and forecast 2019-2024
  • Cloud SIEM - Market size and forecast 2019-2024
  • Market opportunity by Component

Customer Landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers - Demand led growth
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Akamai (News - Alert) Technologies Inc.
  • Broadcom Inc.
  • Check Point Software Technologies Ltd.
  • Cisco Systems Inc.
  • Fortinet Inc.
  • Imperva Inc.
  • International Business Machines Corp.
  • McAfee (News - Alert) LLC
  • Sophos Ltd.
  • Trend Micro Inc.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.


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