Cloud Application Security Market Report: Trends, Forecast and Competitive Analysis to 2030

Cloud Application Security Market Report: Trends, Forecast and Competitive Analysis to 2030

Cloud Application Security Trends and Forecast

The future of the global cloud application security market looks promising with opportunities in the BFSI, government and defense, IT and telecom, healthcare and life science, manufacturing, and retail sectors. The global cloud application security market is expected to reach an estimated $27.8 billion by 2030 with a CAGR of 10.2% from 2024 to 2030. The major drivers for this market are increasing number of security breaches among cloud applications, rising adoption of cloud computing by SMEs, and expanding use of the bring-your-own-device approach in businesses.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Cloud Application Security by Segment

The study includes a forecast for the global cloud application security by component, organization size, end use industry, and region.

Cloud Application Security Market by Component [Shipment Analysis by Value from 2018 to 2030]:

• Solutions
• Services

Cloud Application Security Market by Organization Size [Shipment Analysis by Value from 2018 to 2030]:

• Small and Medium-Sized Enterprises
• Large Enterprises

Cloud Application Security Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• BFSI
• Government and Defense
• IT and Telecom
• Healthcare and Life Sciences
• Manufacturing
• Retail
• Others

Cloud Application Security Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Cloud Application Security Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies cloud application security companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the cloud application security companies profiled in this report include-

• Cisco Systems
• Fortinet
• Microsoft
• Oracle
• Palo Alto Networks
• Proofpoint
• Symantec
• Bitglass
• CensorNet
• CipherCloud

Cloud Application Security Market Insights

Lucintel forecasts that solution is expected to witness higher growth over the forecast period due to increasing demand among organizations with work-from-home policies for cloud solutions that give more security and protection against cyber-attacks.

North America will remain the largest region due to rapid growth of cyberspace, continuous expansion of cloud security infrastructure, and presence of key service providers in the region.

Features of the Global Cloud Application Security Market

Market Size Estimates: Cloud application security market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Cloud application security market size by various segments, such as by component, organization size, end use industry, and region in terms of ($B).

Regional Analysis: Cloud application security market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different components, organization sizes, end use industries, and regions for the cloud application security market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the cloud application security market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q.1 What is the cloud application security market size?

Answer: The global cloud application security market is expected to reach an estimated $27.8 billion by 2030.

Q.2 What is the growth forecast for cloud application security market?

Answer: The global cloud application security market is expected to grow with a CAGR of 10.2% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the cloud application security market?

Answer: The major drivers for this market are increasing number of security breaches among cloud applications, rising adoption of cloud computing by SMEs, and expanding use of the bring-your-own-device approach in businesses.

Q4. What are the major segments for cloud application security market?

Answer: The future of the cloud application security market looks promising with opportunities in the BFSI, government and defense, IT and telecom, healthcare and life science, manufacturing, and retail sectors.

Q5. Who are the key cloud application security market companies?

Answer: Some of the key cloud application security companies are as follows:

• Cisco Systems
• Fortinet
• Microsoft
• Oracle
• Palo Alto Networks
• Proofpoint
• Symantec
• Bitglass
• CensorNet
• CipherCloud

Q6. Which cloud application security market segment will be the largest in future?

Answer: Lucintel forecasts that solution is expected to witness higher growth over the forecast period due to increasing demand among organizations with work-from-home policies for cloud solutions that give more security and protection against cyber-attacks.

Q7. In cloud application security market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region due to rapid growth of cyberspace, continuous expansion of cloud security infrastructure, and presence of key service providers in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the cloud application security market by component (solutions and services), organization size (small & medium-sized enterprises and large enterprises), end use industry (BFSI, government and defense, IT and telecom, healthcare and life sciences, manufacturing, retail, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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