Cloud Security Posture Management Market by Deployment Type (Private Cloud, Public Cloud), Cloud Model (Infrastructure-as-a-service, Platform-as-a-service, Software-as-a-service), Organization Size, End-use - Global Forecast 2024-2030

Cloud Security Posture Management Market by Deployment Type (Private Cloud, Public Cloud), Cloud Model (Infrastructure-as-a-service, Platform-as-a-service, Software-as-a-service), Organization Size, End-use - Global Forecast 2024-2030

The Cloud Security Posture Management Market size was estimated at USD 5.34 billion in 2023 and expected to reach USD 5.90 billion in 2024, at a CAGR 10.69% to reach USD 10.88 billion by 2030.

The cloud security posture management (CSPM) market is the sector focused on providing solutions and services that help organizations identify and manage cloud security risks. These solutions ensure compliance with security policies and regulations, detect misconfigurations and provide remediation strategies to enhance cloud security frameworks. The key factors propelling the growth of the CSPM market include the increasing adoption of cloud services, the complex regulatory landscape requiring stringent compliance, and the rising number of cloud-related security breaches. The growing recognition of shared security responsibility in the cloud and the need for continuous compliance monitoring further fuel the market's expansion. However, the market's growth is hampered by a shortage of skilled cybersecurity professionals, limited security budgets in small and medium-sized enterprises (SMEs), and the complexity of managing security across multi-cloud environments. Trust issues regarding the effectiveness of CSPM tools and a need for more awareness about cloud security risks also pose significant challenges. New opportunities in the CSPM market are emerging with technologies such as machine learning and artificial intelligence, which can automate threat detection and response. Additionally, the expanding IoT landscape and the proliferation of 5G technology create expansive data networks requiring sophisticated cloud security solutions.

Regional Insights

The CSPM market in the Americas, particularly in the United States and Canada, has grown significantly due to the rapid adoption of cloud services and a strong emphasis on regulatory compliance. Leading market participants in the Americas are deploying advanced CSPM solutions featuring AI and machine learning technologies for enhanced threat detection and response. The North American region is witnessing a surge in partnerships between CSPM vendors and cloud service providers to offer integrated solutions to a diverse clientele. Europe, the Middle East, and Africa (EMEA) display a complex and diverse CSPM market landscape due to varying levels of cloud adoption and differing regulatory environments across regions. In Europe, GDPR has been a significant driver for adopting CSPM solutions, pushing organizations to maintain stringent data security and privacy practices. The Middle East is rapidly catching up in terms of cloud adoption, emphasizing the need for CSPM to protect against data breaches and comply with local regulations such as Dubai’s DIFC Data Protection Law. Although cloud adoption is nascent in Africa, there is growing awareness about the importance of CSPM, especially among large enterprises and government entities. The Asia-Pacific (APAC) region exhibits the fastest growth in the CSPM market, driven by digital transformation initiatives, escalating cloud adoption among SMEs, and increasing awareness of cloud vulnerabilities. Countries such as Japan, Australia, and Singapore lead in CSPM adoption, buoyed by robust regulatory frameworks and the presence of major cloud service providers. Developing economies such as India and China are also witnessing rapid growth in CSPM adoption, supported by government initiatives towards digitalization and growing concerns over data sovereignty.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Cloud Security Posture Management Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers

Rapid adoption of cloud platform across business
Compliance requirements by continuously monitoring and enforcing security policies

Market Restraints

Shortage of skilled cybersecurity professionals

Market Opportunities

Integration of next generation technologies into CSPM solutions
Rising demand of cloud security posture management across 5G technology

Market Challenges

Complexity involved in managing security across multi-cloud environments

Market Segmentation Analysis

Deployment Type: Higher preferences for public cloud CSPM deployment which provides scalability and cost-efficiency
End-use: Growing adoption of CSPM in BFSI and government sectors to protect sensitive financial and national data

Market Disruption Analysis

Porter’s Five Forces Analysis
Value Chain & Critical Path Analysis
Pricing Analysis
Technology Analysis
Patent Analysis
Trade Analysis
Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Cloud Security Posture Management Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Cloud Security Posture Management Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Check Point Software Technologies Partners with TELUS to Launch New Cloud Security Posture Management Service

Check Point Software Technologies Ltd. and TELUS have partnered to introduce the TELUS Cloud Security Posture Management (CSPM) service across Canada, a pioneering move to fortify Canadian organizations against the escalating cyber threats in cloud environments. Leveraging Check Point's advanced AI-powered threat prevention along with its astute posture management technology, this service is tailored to offer organizations a dynamic, real-time monitoring solution adept at identifying, rectifying, and documenting vulnerabilities amidst a significant rise in cyberattacks targeting cloud networks.

WithSecure Launches Cloud Security Posture Management

WithSecure has introduced an essential module for its WithSecure Elements security platform aimed at combating insecure cloud configurations that attackers exploit. WithSecure's new Cloud Security Posture Management module distinguishes itself by providing comprehensive scanning for misconfigurations and vulnerabilities across popular IaaS platforms such as AWS and Microsoft Azure. It offers a spectrum of benefits, including risk-prioritized identification of misconfigurations, checks for common cloud security pitfalls, expert-backed service to ensure real security value and a unified dashboard for insightful security posture analytics.

Orca Security Launches Full Cloud Data Security Posture Management (DSPM) on Industry’s Most Comprehensive Cloud Security Platform

Orca Security has introduced advanced data security posture management (DSPM) features within its Cloud Security Platform, enhancing its agentless cloud security offerings. This expansion adds robust data discovery and handling capabilities, enabling businesses to efficiently uncover, categorize, and address vulnerable, sensitive data spread across multi-cloud environments, including hidden or inadvertently placed data.

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Cloud Security Posture Management Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Cloud Security Posture Management Market, highlighting leading vendors and their innovative profiles. These include Aqua Security Software Ltd., Arctic Wolf Networks, Atos SE, Aujas Cybersecurity Limited by NSEIT, Broadcom Inc., Check Point Software Technologies Ltd., Cisco Systems, Inc., CrowdStrike, Inc., Cynet, Entrust Corporation, Forcepoint, Fortinet, Inc., Fujitsu Limited, International Business Machines Corporation, Lacework, Inc., Lookout, Inc., McAfee, LLC, Microsoft Corporation, Netskope, Inc, Oracle Corporation, Palo Alto Networks, Inc., Qualys, Inc., Radware Inc., Rapid7, Inc., Sophos Ltd., Sysdig, Inc., Trend Micro Incorporated, and Zscaler, Inc..

Market Segmentation & Coverage

This research report categorizes the Cloud Security Posture Management Market to forecast the revenues and analyze trends in each of the following sub-markets:

Deployment Type
Private Cloud
Public Cloud
Cloud Model
Infrastructure-as-a-service
Platform-as-a-service
Software-as-a-service
Organization Size
Large Enterprises
Small & Medium Enterprises
End-use
BFSI
Defense/Government
Energy
Healthcare
IT & Telecom
Manufacturing
Retail
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

Please Note: PDF & Excel + Online Access - 1 Year