DUBLIN, June 24, 2015 /PRNewswire/ --
Research and Markets(http://www.researchandmarkets.com/research/3v53kn/cloud_security) has announced the addition of the "'Cloud Security Market (Service Type - Data Loss Prevention, Email and Web Security, Cloud IAM, Cloud Database Security, Network Security, Virtualization Security and Others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022'" report to their offering.
North America was the largest regional market for cloud security in 2014. Growth in North America is mainly attributed to the wide adoption of cloud security services in enterprise environment. In addition, Asia-Pacific market is expected to show strong growth owing to the rising trend of BYOD and CYOD policies and superior advantages of cloud security services.
The key market players focus on inorganic growth through mergers and acquisitions in order to get a competitive edge in the global cloud security market. Big players in the market acquire smaller players to expand their businesses as well as geographical presence. For instance, Trustwave Holding, Inc. provides a range of cloud security services such as web, SIEM, email, network access, and encryption software. In 2014, Trustwave Inc. acquired Cenzic, Inc., which is expected to boost its cloud security business. In April 2015, the company entered into a definitive agreement with Singapore Telecommunications Limited (Singtel) to acquire its business. This is expected to increase the business and expand market share of the company in the cloud security market in the coming years.
The global cloud security market, in current situation shows the dominance of few players including Intel Security Group (McAfee, Inc.), Symantec Corporation, CA Technologies, Inc., Trend Micro, Inc., Trustwave Holdings, Inc. and IBM Corporation.
Cloud Security Market by Deployment Type
- Public Cloud
- Private Cloud
- Hybrid Cloud
Cloud Security Market by End-use Industry
- Government and Public Utilities
- IT and Telecommunication
- Hospitality and Retail
- Healthcare and Pharmaceuticals
Cloud Security Market by Service Type
- Data Loss Prevention
- Email and Web Security
- Cloud IAM
- Cloud Database Security
- Network Security
- Virtualization Security
- CA Technologies, Inc.
- Cisco Systems, Inc.
- Fortinet, Inc.
- IBM Corporation
- Intel Security Group (McAfee, Inc.)
- Panda Security SL
- Sophos Ltd.
- Symantec Corporation
- Trend Micro, Inc.
- Trustwave Holdings, Inc.
For more information visit http://www.researchandmarkets.com/research/3v53kn/cloud_security
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SOURCE Research and Markets