Cloud Security Posture Management Market

Cloud Security Posture Management Market Study for 2020 to 2028 providing information on Key Players, Growth Drivers and Industry challenges

The Global Cloud Security Posture Management Market is expected to increase to a value of more than $9 billion by 2026.

Cloud Security Posture Management: Introduction

Cloud security posture management (CSPM) mechanizes the distinguishing proof and remediation of dangers across cloud frameworks, including Infrastructure as a Service (IaaS), Software as a Service (SaaS), and Platform as a Service (PaaS).

CSPM is utilized for hazard perception and appraisal, occurrence reaction, consistence observing, and DevOps incorporation, and can consistently apply best practices for cloud security to hybrid, multi-cloud, and compartment conditions.

Benefits of Cloud security posture management (CSPM) are:

The cloud is characteristically programmable

The cloud has allowed a sprawl of new facilities and technologies

The cloud features essentially new technologies that are quite dissimilar than that are found in physical data center environments.

The size and difficulty of enterprise environments make it extremely tough to know what is running where.

Market overview

The development of cloud security posture management market over 2020-2027 is inferable from ascend in the security breaks frequencies because of cloud misconfigurations and accessibility of less security apparatuses. Aside from this, need for decreasing the danger of cloud framework infringement has brought about huge interest for cloud security posture management activities.

Notwithstanding, low degree of alertness relating to cloud security engineering and cloud assets is set to hamper the development of cloud security posture management business over the appraisal time frame. Also, ascend in the relocation of different organizations to cloud will offer new development avenues for cloud security posture management business over the expected course of events. Additionally, need for tackling the issue of cloud misconfiguration is probably going to shape the development of cloud security posture management business over the appraisal time period.

Economic growth

The Global Cloud Security Posture Management Market size was $4.2 billion in 2019, and is expected to increase to a value of more than $9 billion by 2026, registering a Compound annual growth rate (CAGR) of over 14%.

Market segmentation: Analysis

The Global Cloud Security Posture Management Market is segmented by cloud model, vertical, and region.

On the basis by cloud model – Software as a service (SaaS), and infrastructure as a service (IaaS).

The SaaS segment is projected to develop at a higher CAGR during the estimate time period. The SaaS is a cloud membership administration that permits associations to prefer the application without in-house staff support.

On the basis by vertical – Banking, Financial, and Insurance Services, Healthcare, Retail and Trade, Education, IT and Telecommunications, and Public Sector.

According to the vertical segment, healthcare is predicted to increase at a quicker CAGR and has the maximum share of the market.

On the basis by region – North America, Europe, Middle east and Africa, Latina America, and Asia-pacific.

North America ruled the worldwide Cloud Security Posture Management market with the biggest share. Development of the market in North America is driven by quick reception of cloud information security solutions for keep up with functional capacities and to stay away from cloud misconfiguration.

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Major players in the Global Cloud Security Posture Management Market are:

  • CrowdStrike Holdings Inc.
  • Forcepoint
  • IBM Corporation
  • McAfee Corporation
  • Microsoft Corporation

Market segment by Type, covers

  • Iaas
  • Saas

Market segment by Application, can be divided into

  • BFSI
  • Medical Care
  • Retail and Trade
  • IT
  • Telecom
  • Public

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