Cloud Security Solutions Market in System Software Industry | Technavio Predicts over $ 9.57 bn Growth during 2021-2025
NEW YORK, Sept. 7, 2021 /PRNewswire/ -- The cloud security solutions market has the potential to grow by USD 9.57 billion during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 18.91%. The report extensively covers market segmentation by end-user (BFSI, healthcare, retail, government, and others), component (cloud IAM, cloud e-mail security, cloud DLP, cloud IDS/IPS, and cloud SIEM), and geography (North America, Europe, APAC, MEA, and South America).
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The markt is fragmented, and the degree of fragmentation will accelerate during the forecast period. Akamai Technologies Inc., Broadcom Inc., Check Point Software Technologies Ltd., Cisco Systems Inc., Fortinet Inc., Imperva Inc., International Business Machines Corp., McAfee LLC, Sophos Ltd., and Trend Micro Inc. are some of the major market participants.
The rise in demand from SMBs, and regulatory requirements encouraging the use of security solutions will offer immense growth opportunities. However, the lack of awareness about cloud security solutions among end-users & threats from open-source cloud security vendors are likely to pose challenges for the market vendors. In a bid to help players strengthen their market foothold, this cloud security solutions market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.
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.
Cloud Security Solutions Market 2021-2025: Segmentation
Cloud Security Solutions Market is segmented as below:
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Cloud Security Solutions Market 2021-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The cloud security solutions market report covers the following areas:
This study identifies low cost of ownership as one of the prime reasons driving the Cloud Security Solutions Market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
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Cloud Security Solutions Market 2021-2025: Key Highlights
Table of Contents:
Five Forces Analysis
Market Segmentation by End-user
Market Segmentation by Component
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