Cloud Application Security Market Highlights:

North America dominates the cloud application security market. The emerging trend in the IT industry has given rise to the need for security solutions that enables the organizations to implement and manage consistency in the security policies across the hybrid data center. The need for cloud application among the organizations that integrates application server and in-memory data grid capabilities together has huge requirement of cloud application security solutions. The fastest growing demand for cloud applications that helps the customers to create an intelligent, connected, and customer-centric supply chains in the organizations. The cloud application security solution offers securing of data with real-time monitoring and alerts the system.

The North American region is experiencing higher demand from various sectors such as BFSI, government and defense, IT and telecom, healthcare, retail and others. The prominent companies such as Microsoft Corporation (U.S), ), Trend Micro Inc. (Japan), Zscaler (U.S), McAfee, Inc. (U.S), Juniper Networks, Inc. (U.S), Proofpoint Inc. (U.S), Netskope Inc. (U.S) are providing cloud application security solutions in the market. The companies are offering the security cloud services that makes the security technologies easily available to all kind of large and small organizations.

The global cloud application security market is expected to reach USD ~ 12 billion at a CAGR of over 14% by the end of the forecast period.

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Cloud application security Market Segmentation

The cloud application security market is segmented into component, organization size, vertical, and region. 

Based on the component, the Cloud Application Security Market is further subdivided into the following:

• Solutions
• Services

Based on the organization size, the Cloud Application Security Market Trends can be segmented into the following subcategories:

• Large enterprises
• Medium-sized enterprises

Based on the industry vertical, the Cloud Application Security Industry can further be segmented into the following:

• Government and defense
• BFSI
• Healthcare
• I.T. and telecom
• Retail
• Others

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Cloud application security Market Key Players

The prominent players in the global cloud application security market: 

• Microsoft Corporation (U.S)
• Cisco Systems Inc. (U.S)
• Fortinet Inc. (U.S)
• Symantec Corporation (U.S)
• Bitglass Inc. (US)
• Oracle Corporation (U.S)
• Palo Alto Networks Inc. (U.S)
• Proofpoint Inc. (U.S)
• Netskope Inc. (U.S)
• CensorNet Ltd. (U.K)
• CipherCloud (U.S)
• Skyhigh Networks (U.S)
• International Business Machines Corporation (U.S)
• Trend Micro Inc. (Japan)
• Zscaler (U.S)
• McAfee Inc. (U.S)
• Juniper Networks Inc. (U.S)

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Cloud Application Security Market Regional Analysis:

The global cloud application security market is consists of the Americas, Europe, Asia Pacific, and Rest of world. North America is dominating the global cloud application security market. The cloud application security market is witnessing a high growth due to huge demand from various verticals such as government and defense, IT and telecom, healthcare, retail, and others. Europe is projected to hold the second largest share of the cloud application security market during the forecast period. Asia Pacific is expected to witness the highest CAGR in the coming years.

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