Cloud Application Security Market Scenario
Market Research Future (MRFR), in its latest study on the global cloud application security market 2020, explained different factors that are expected to impact the market. According to MRFR study, the cloud application security market is expected to rise at about 14% CAGR through the evaluation period 2017-2023. The increase in the demand for cloud application security can cause the application security market value to touch nearly USD 12 Bn by 2023. The existence of major companies operating in the worldwide cloud application security can support the expansion of the market in the review period. The introduction of innovative cloud application security solutions can impel the expansion of the cloud application security industry in the years ahead.
The growing application of next-generation cloud applications to boost cloud services across the globe can support the expansion of the market in the years ahead. The growing focus of companies to empower business with better solutions for customer experience, human resource, finance, and supply chain solutions can impel the expansion of the cloud application security market in the assessment period.
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Cloud Application Security Market Segment Study
The segment evaluation of the global cloud application security market is done by vertical, component, and organization size.
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
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
Based on Component
Based on the component, the Cloud Application Security Market is further subdivided into the following:
- Solutions
- Services
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Cloud Application Security Market Key Players
- Juniper Networks, Inc. (U.S)
- Cisco Systems Inc. (U.S)
- Skyhigh Networks (U.S)
- Bitglass Inc. (US)
- Fortinet, Inc. (U.S)
- Symantec Corporation (U.S)
- International Business Machines Corporation (U.S)
- Microsoft Corporation (U.S)
- Palo Alto Networks, Inc. (U.S)
- Netskope Inc. (U.S)
- CipherCloud (U.S)
- Trend Micro Inc. (Japan)
- Zscaler (U.S)
- Proofpoint Inc. (U.S)
- CensorNet Ltd. (U.K)
- McAfee, Inc. (U.S), and
- Oracle Corporation (U.S)
Cloud Application Security Market Regional Analysis
The trends of the global cloud application security market is studied across APAC, EU, MEA, and North America, following the Rest of the World. The cloud application security in the North America region is expected to rise exponentially due to the increase in the adoption of cloud application security solutions across major tech-companies. The presence of effective cloud security infrastructure can also support the expansion of the regional market. In Europe, the expansion of the cloud application market can be attributed to rapid adoption of artificial intelligence enabled solutions by the cloud application security market. In addition, the rise in security breaches and the growing need to comply with strict regulations is boosting the adoption of cloud application that can impel the expansion of the market across the analysis period. The growing popularity of cloud application security solutions, such as cloud application discovery, data protection, threat protection, analytics and reporting, and others can boost the cloud application security global market in the years to come.
Table of Contents
- EXECUTIVE SUMMARY
1.1. Market Attractiveness Analysis
1.1.1. Global Cloud Application Security Market, by Component
1.1.2. Global Cloud Application Security Market, by Organization Size
1.1.3. Global Cloud Application Security Market, by Vertical
1.1.4. Global Cloud Application Security Market, by Region
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- MARKET INTRODUCTION
- RESEARCH METHODOLOGY
- MARKET DYNAMICS
- MARKET FACTOR ANALYSIS
Continued…
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