Global Cloud Security Market to Reach US$28.2 Billion by 2030
The global market for Cloud Security estimated at US$13.2 Billion in the year 2024, is expected to reach US$28.2 Billion by 2030, growing at a CAGR of 13.5% over the analysis period 2024-2030. Cloud IAM, one of the segments analyzed in the report, is expected to record a 14.5% CAGR and reach US$14.3 Billion by the end of the analysis period. Growth in the Cloud Email Security segment is estimated at 13.7% CAGR over the analysis period.
The U.S. Market is Estimated at US$3.6 Billion While China is Forecast to Grow at 12.3% CAGR
The Cloud Security market in the U.S. is estimated at US$3.6 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$4.2 Billion by the year 2030 trailing a CAGR of 12.3% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 12.4% and 11.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 9.4% CAGR.
Global Cloud Security Market - Key Trends and Drivers Summarized
Cloud security is an essential facet of modern IT strategies, encompassing a wide range of policies, tools, processes, and personnel dedicated to safeguarding cloud computing environments from various threats and unauthorized access. This comprehensive protection covers the entire cloud stack, including physical networks, storage infrastructure, and the data and applications residing in the cloud. Unlike traditional on-premises security, cloud security incorporates unique technologies and practices tailored to address challenges such as broad accessibility and the shared responsibility model inherent to cloud computing. As organizations increasingly migrate their workloads to the cloud, robust cloud security measures are crucial to protect against threats like DDoS attacks, API exploitation, and data corruption while ensuring regulatory compliance and maintaining control over cloud-based resources.
The shared responsibility model is a cornerstone of cloud security, delineating the division of security responsibilities between cloud providers and customers. This framework varies across different service models—Infrastructure as a Service (IaaS), Platform as a Service (PaaS), Software as a Service (SaaS), and Desktop as a Service (DaaS)—and deployment models including public, private, and hybrid clouds. In an IaaS model, for instance, the cloud provider manages the physical infrastructure, while the customer is responsible for securing applications and data. This necessitates clear communication and coordination to ensure comprehensive protection. Cloud security also involves managing widely accessible applications and data, securing APIs, and addressing the complexities of multi-cloud environments. Effective measures include Web Application Firewalls (WAFs) to protect against SQL injections and cross-site scripting, robust API protection, bot management to prevent brute force and DDoS attacks, data encryption in transit and at rest, and adopting a Zero Trust security model that verifies all connection attempts before granting access.
The market growth for cloud security is driven by several key factors. The advanced threat landscape, characterized by increasingly sophisticated cyber threats like ransomware, phishing, and Advanced Persistent Threats (APTs), pushes organizations to adopt more advanced security measures. Regulatory and compliance changes across different regions and industries require adaptable cloud security solutions to meet new demands swiftly. The proliferation of mobile and IoT devices in corporate environments expands the attack surface, necessitating robust solutions to manage and secure these devices. The shift towards multi-cloud and hybrid environments further complicates security management, driving the demand for integrated solutions that can secure diverse platforms. Heightened awareness of data breaches has led to increased investment in cloud security to protect sensitive information and maintain customer trust. Additionally, integrating AI and machine learning technologies into cloud security enhances threat detection and response capabilities, while the demand for scalable and flexible security solutions aligns with the dynamic nature of cloud environments, ensuring security adapts to changing business needs without compromise.
SCOPE OF STUDY:TARIFF IMPACT FACTOR
Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.
We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.
We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.
As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.
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APRIL 2025: NEGOTIATION PHASE
Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.
JULY 2025 FINAL TARIFF RESET
Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.
Reciprocal and Bilateral Trade & Tariff Impact Analyses:
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JAPAN
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176 OTHER COUNTRIES.
Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.
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