Global Cloud Based Security Services Market Growth (Status and Outlook) 2023-2029

Global Cloud Based Security Services Market Growth (Status and Outlook) 2023-2029

Cloud-based security solutions provide a new approach to detecting and mitigating security threats. Agencies deploy a third-party cloud platform in front of their private infrastructure and inline between remote users and their websites and applications. The cloud security provider can examine network traffic for known attack patterns and pass only legitimate traffic through to the application. This allows the solution to stop attacks in the cloud before they reach the target agency’s data center or applications.

LPI (LP Information)' newest research report, the “Cloud Based Security Services Industry Forecast” looks at past sales and reviews total world Cloud Based Security Services sales in 2022, providing a comprehensive analysis by region and market sector of projected Cloud Based Security Services sales for 2023 through 2029. With Cloud Based Security Services sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cloud Based Security Services industry.

This Insight Report provides a comprehensive analysis of the global Cloud Based Security Services landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Cloud Based Security Services portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Cloud Based Security Services market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cloud Based Security Services and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cloud Based Security Services.

The global Cloud Based Security Services market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

Small and midsize businesses (SMBs) are driving growth as they are becoming increasingly aware of security threats. They are also seeing that cloud deployments provide opportunities to reduce costs, especially for powering and cooling hardware-based security equipment and data center floor space.

This report presents a comprehensive overview, market shares, and growth opportunities of Cloud Based Security Services market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Internal IT Security Breaches
External Security Breaches

Segmentation by application
Identity Access Management (IAM) System
Secure Web Gateway
Secure E-mail Gateway
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Azure Infrastructure Solutions
Barracuda Networks
Blue Coat Systems
Broadcom
Cisco Systems
Covisint
Echoworx
IBM Corporation
McAfee, Inc.
NCrypted Cloud
Okta Inc.
Panda Security
Ping Identity
Proofpoint Inc.
RSA Security LLC.
Sophos Ltd.
Symantec Corporation
Vormetric Inc.
Websense Inc.
Zscaler

Please note: The report will take approximately 2 business days to prepare and deliver.