Information Communication and Technology Reports Cloud Security Industry Research Report
Cloud Security Market is expected to grow from USD
4.09 billion in 2017 to USD 12.73 billion by 2022
According to a new market research report "Cloud Security Market by Service Type (IAM, DLP, IDS/IPS, SIEM, and
Encryption), Security Type, Service Model (IaaS, PaaS, and SaaS), Deployment Type (Public, Private, and Hybrid),
Organization Size, Vertical, and Region - Global Forecast to 2022", published by MarketsandMarkets™, The cloud
security market size is expected to grow from USD 4.09 Billion in 2017 to USD 12.73 Billion by 2022, at a
Compound Annual Growth Rate (CAGR) of 25.5%.
Cloud security refers to a broad set of policies, technologies, and services deployed to protect applications, data, &
associated infrastructure through cloud. It comprises various security services, such as cloud Identity and Access
Management (IAM), Data Loss Prevention (DLP), cloud Intrusion Detection System (IDS)/ Intrusion Prevention
System (IPS), Security Information and Event Management (SIEM), & encryption.
Browse and in-depth TOC on “Cloud Security Market”
68 - Tables
71 - Figures
170 - Pages
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Major Key Companies:
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.)
Industry Segmentation:
Cloud security refers to a broad set of policies, technologies, and services deployed to protect applications, data, &
associated infrastructure through cloud. It comprises various security services, such as cloud Identity and Access
Management (IAM), Data Loss Prevention (DLP), cloud Intrusion Detection System (IDS)/ Intrusion Prevention
System (IPS), Security Information and Event Management (SIEM), & encryption.
The application security segment is expected to grow at the highest CAGR during the forecast period. However, the
web and email security segment accounts for the largest share of the cloud security market in 2017. The hybrid
cloud deployment type is expected to grow at the highest CAGR during the forecast period. The large enterprises
segment is expected to account for the largest market size in 2017. Moreover, the Small and Medium-Sized
Enterprises (SMEs) segment is expected to grow at the highest CAGR during the forecast period.
Cloud security services have been deployed across various industry verticals, including Banking Financial Services,
and Insurance (BFSI), aerospace & defense, automotive, energy & utilities, government & public utilities,
healthcare & life sciences, IT & telecom, manufacturing, retail, and others. The retail vertical is expected to grow at
the highest CAGR during the forecast period. However, the BFSI vertical is estimated to have the largest market
size in 2017.
Regional Analysis: