Aggressive Growth in Cloud Security Software Market Forecast Globally to 2019

DALLAS, February 21, 2015 /PRNewswire/ --

ReportsnReports.com adds Global Cloud Security Software Market 2015-2019 research report of 79 pages to its collection of cloud sector data under Information Technology industry intelligence in its research and data library.

The Global Cloud Security Software market is forecast to grow at 48.46% CAGR over the period 2014-2019 based on the fact that cloud security software eliminates connection-related expenditures because it is offered with a wide variety of connection options. Traditional on-site security software has a high total cost of ownership, as it includes high upfront software license and software implementation costs, coupled with high maintenance costs. Cloud security software circumvents these expenses, since cloud vendors are responsible for the implementation, maintenance, updates, and backup of software, thereby reducing the need for internal IT administration. Complete research is available at http://www.reportsnreports.com/reports/344484-global-cloud-security-software-market-2015-2019.html .

This report covers the present scenario and the growth prospects of the Global Cloud Security Software market for the period 2015-2019. To calculate the market size, the report considers revenue generated from the sales of cloud security software solutions. The report consolidates the revenues generated from geographical areas of Americas, APAC and EMEA. This research draws attention towards growing partnerships between cloud service providers (CSPs) and security solution providers. As the market matures, cloud security has become an integral part of cloud services, thereby requiring CSPs to provide cloud security along with their regular cloud services.

Cloud security is projected to become a major buying criterion for customers over the forecast period, which will lead to an increase in the number of partnerships among CSPs and security solution providers. The Global Cloud Security Software Market 2015-2019 report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions; it also covers the Global Cloud Security Software market landscape and its growth prospects over the coming years. The report includes a discussion of the key vendors operating in this market.

Companies mentioned in this research include CA Technologies, McAfee, Symantec, TrendMicro,    CipherCloud, CloudLock, CloudPassage, Commtouch Software, CREDANT Technologies, CYREN, HyTrust, IBM, Okta, Panda Security, SafeNet, Skyhigh Networks, ThreatMetrix and Zscaler. Order a copy of this report at http://www.reportsnreports.com/Purchase.aspx?name=344484 .

Cloud security software offers security to cloud-based services or cloud computing architectures. Cloud security software can be standalone solution or a suite of products. It focuses on key parameters such as data protection, compliance, architecture, governance, as well as identity and access. A typical cloud security solution offers features such as encryption, IAM, endpoint monitoring, vulnerability scanning, intrusion detection, and application and messaging security. Cloud security software helps in protecting the cloud content from unauthorized access and theft of data.

Another research on Cloud Security Market - Global Advancements, Forecasts & Analysis (2014-2019) says security applications delivered as cloud-based services provide a promising platform to manage threat and security concerns. The cloud-based services are gaining popularity because of the unique benefits it provides to the users, such as agility, scalability, reduction in costs, business continuity, and flexibility of work practices. The majority of growth is anticipated in the regions of APAC and EU. In EU, regions such as Germany, Norway are expected to grow at a faster rate as compared to other countries, due to increasing deployment of cloud in both SMB's and enterprises and strict government regulations on Cloud Service Providers (CSPs).

It is predicted that the future growth of this market will be based on increasing adoption of cloud computing by the small and medium size enterprises and proliferation of mobile devices, and Security as a Service (SaaS) applications in business. The top three cloud security services that will contribute as the major market in cloud security services market are cloud IAM, email security and web security (WAF).The cloud security market is expected to grow from $4.20 billion in 2014 to $8.71 billion in 2019 with a CAGR of 15.7% during the forecast period 2014-2019.

The cloud security market is a diversified and competitive market, with a large number of players. The cloud security market is dominated by various players, depending on its core competencies. The key player in this market are CA Technologies (New York), Symantec (California), Fortinet (California), Symplified (Colorado), IBM (New York), Trend Micro(Japan), Zscaler (California), Panda Security(Spain), Sophos (UK), and McAfee (California). Order a copy of this report at http://www.reportsnreports.com/purchase.aspx?name=283158 .

Other reports related to cloud computing industry (http://www.reportsnreports.com/tags/cloud-computing-market-research.html ) and related sectors of Information Technology can be accessed at http://www.reportsnreports.com/market-research/information-technology/ .

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