Cloud Security Software Market

Cloud security software provides security to cloud-based services or cloud computing architectures. Cloud security software can be a standalone solution or a suite of products. It focuses on the security of key parameters such as compliance, governance, data protection, architecture, and identity and access. The main drivers for the global cloud security software market are the growing use of cloud services for critical data storage and the sudden increase in cloud-specific attacks. Driven by multiple factors such as flexibility, cost saving, and availability, an increasing number of companies are transferring their data to the cloud (though this is also exposing these companies to various risks associated with cloud computing). Some of the other drivers for this market are the increasing use of cloud-based services in non-traditional sectors and the rise in employee mobility. A typical cloud security solution offers features such as encryption, Identity and Access Management (IAM), endpoint monitoring, vulnerability scanning, intrusion detection, and application and messaging security.

Despite strong growth drivers and interesting trends, the global cloud security software market is pegged with some growth inhibitors. Some cloud service providers still believe that cloud security is the end-users' responsibility, not a strong buying criterion for end-users. Hence, providers shy away from offering cloud security solutions. Another major issue is the lack of awareness among end-users about the risks associated with cloud computing. Other challenges are inconsistent network connections and lack of proper cloud security standards.

However, the increasing adoption of cloud-based services and the growing criticality of data in the cloud are expected to boost the adoption of cloud security solutions. The report spans the overall structure of the cloud security software market and provides premium insights that can help software providers, cloud providers, third-party providers, and business service providers to identify the need of Small and Medium Businesses (SMBs). The report analyzes the growth rate and penetration of cloud security software across all the major regions.

The global cloud security software report is segmented on the basis of end-users, deployment mode, industry verticals, and regions. In addition, the report classifies the industry verticals as BFSI, healthcare, IT and telecom, retail, manufacturing, education, government, media & entertainment, and others.Furthermore, the report also includes an extensive analysis of the key players in the cloud security software space with their profiles, strategies, and developments. The report also provides insights into major market drivers, restraints, opportunities, challenges, global adoption trends, and key issues in the cloud security software market.

The report forecasts the market sizes and trends for cloud security software market. For more detailed analysis, the market is further segmented into the following sub-markets:

On the basis of deployment:

       • Public
       • Private
       • Hybrid

On the basis of end-users types:

       • SMBs
       • Large Enterprises
       • Cloud Service Providers
       • Government Agencies
       • Others/Third Party Vendors

On the basis of industry types:

       • Healthcare
       • Retail
       • Government
       • BFSI
       • IT & Telecom
       • Aerospace Defence and Intelligence
       • Media & Entertainment
       • Manufacturing
       • Others

On the basis of regions:

       • North America (NA)
       • Europe
       • Asia-Pacific (APAC)
       • Middle East and Africa (MEA)
       • Latin America (LA)

The report will help the market leaders/new entrants in this market in the following ways:

1.This report segments this market comprehensively. It provides the closest approximations of the revenue numbers for the overall market and the sub-segments. The market numbers are further split across different regions.

2.This report will help them better understand the competitor and gain more insights to better position their business. There is a separate section on competitive landscape, including mergers and acquisition and venture capital funding. Besides, there are company profiles of top players in this market. In this section, market internals are provided that can put them ahead of their competitors.

3.The report helps them to understand the pulse of the market. It also provides information on key market drivers, restraints, challenges, and opportunities.