Information Communication and Technology Reports Cloud Security Industry Report | Page 2
North America is expected to contribute to the largest market share, whereas Asia-Pacific (APAC) is projected to
grow at the highest CAGR
North America is expected to have the largest market share and dominate the cloud security market from 2017 to
2022, due to the presence of a large number of cloud security vendors across this region. APAC, on the other hand,
offers potential growth opportunities in the cloud security market, as there is a wide presence of small and
medium enterprises in this region that is turning toward cloud security services to defend against APTs.
The major vendors in the cloud security market include Trend Micro, Inc. (Tokyo, Japan), Intel Security (California,
U.S.), Symantec Corporation (California, U.S.), IBM Corporation (New York, U.S.), Cisco systems (California, U.S.),
CA Technologies, Inc. (New York, U.S.), CSC (Virginia, U.S.), and Fortinet, Inc. (California, U.S.)
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