Cloud Application Security Market Worth 13.67 Billion USD by 2022

USA - English

• India - English

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 73 Market Data Tables and 33 Figures spread through 140 Pages and in-depth TOC on "Cloud Application Security Market"

http://www.marketsandmarkets.com/Market-Reports/cloud-application-security-market-61872033.html

Early buyers will receive 10% customization on this report 

The major forces driving the Cloud Application Security Market are strong regulations and compliance requirements, easy integration of cloud application security solutions with organizations' existing security infrastructure, and rise in security breaches targeting business-critical cloud applications.

In the era of rapid expansions of businesses and increased complexities in the IT infrastructure, the security of business-critical cloud applications has become the prime objective of the organizations. Thus, the adoption of cloud application security solutions and services is said to be high among private and public organizations across different industry verticals. The cloud application security vendors provide various solutions, such as, cloud application database, risk assessment, application governance, Data Loss Prevention (DLP), Identity and Access Management (IAM), encryption, tokenization, malware detection and protection, Security Information and Event Management (SIEM), log management, and cloud usage analytics and anomaly detection along with the professional services, namely, support services, training and education services, and consulting services. As the frequency of sophisticated cyber-attacks on sensitive cloud applications is growing, the Cloud Application Security Market is expected to gain traction in the next 5 years.

The data protection is estimated to have the largest market share in the Cloud Application Security Market in 2017 

The data protection solution type is expected to have the largest market share and dominate the Cloud Application Security Market from 2017 to 2022. Data protection solutions are employed to protect data stored on cloud application. The set of data protection solutions includes DLP, IAM, encryption, and tokenization. These solutions enable enterprises, to prevent a loss of data and manage identities and relationships between various cloud applications. As SMEs and large enterprises across globe are increasingly adopting cloud applications, the market for data protection is expected to witness high growth in the overall Cloud Application Security Market.

Ask for PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=61872033

The support services segment is expected to have the largest market shares and hold the highest CAGR in the Cloud Application Security Market 

The services are broadly classified into support services, training and education services, and consulting services. The support services segment is expected to dominate the services market with the largest market shares and highest CAGR during the forecast period. These services play a crucial role in the Cloud Application Security Market. Support service providers help enterprises in providing installation, maintenance, and other support activities, such as data migration and replication. The demand for support services is increasing with the deployment of advanced cloud application security solutions to protect and secure applications from advanced threats.

IT and telecom industry vertical is expected to grow at the highest CAGR in the Cloud Application Security Market 

The IT and telecom sector is expected to grow at the highest CAGR during the forecast period. There has been a strong adoption of advanced cloud applications in the IT and telecom sector in the recent years. These cloud applications used in these sectors are becoming the prime targets for cybercriminals to access the sensitive data. Therefore, the adoption of cloud application solutions and services is increasing in IT and telecom sectors.

North America is expected to contribute to the largest market share, whereas APAC is projected to grow at the highest CAGR 

North America is expected to have the largest market share and dominate the Cloud Application Security Market from 2017 to 2022, due to the high number of early technology adopters in this region. The organizations in this region are focusing on securing their applications on cloud by using various cloud security solutions. The other drivers for the increasing demand for cloud security solutions include the need for regulatory compliance and security concerns and easy integration of cloud application security solutions with organizations' existing security infrastructure.

The major force driving the adoption of cloud application security solutions and services in APAC is the increasing instances of Advanced Persistent Threats (APTs), malware injections, and Distributed Denial of Service (DDoS) attacks, which is highly affecting the performance of business-critical cloud applications. The economies in the region are rapidly digitizing and adopting advanced applications to make the business operations effective. Cybercriminals attack these applications to access the confidential data for personal gains. The threat landscape in APAC is expected to be increasing at an alarming rate, and so is the spending on cloud application security solutions.

The major vendors in the Cloud Application Security Market include Cisco Systems (US), Fortinet (US), Microsoft (US), Oracle (US), Palo Alto Networks (US), Proofpoint (US), Symantec (US), Bitglass (US), CensorNet (UK), CipherCloud (US), Netskope (US), and Skyhigh Networks (US).

Enquiry Before Buying @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=61872033

Browse Related Reports  

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

https://www.marketsandmarkets.com/Market-Reports/cloud-security-market-100018098.html

Cloud Encryption Market by Component (Solution and Service), Service Model (Infrastructure-as-a-Service, Software-as-a-Service, and Platform-as-a-Service), Organization Size, Vertical, and Region - Global Forecast to 2022

https://www.marketsandmarkets.com/Market-Reports/cloud-encryption-market-158713019.html

Know More About our Knowledge Store @ http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets™  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]

Visit Our Blog @ http://www.marketsandmarketsblog.com/market-reports/telecom-it

Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

SOURCE MarketsandMarkets