Global Cloud Security Market by Service Type, by Deployment Mode, by End User, by Region, Competition Forecast and Opportunities, 2011 - 2021

TechSci Research Report

NEW YORK, February 24, 2017 /PRNewswire/ --

Cloud security can be defined as a set of control-based advancements and strategies designed to protect information stored on the cloud. Rising adoption of cloud computing across various end user industries is propelling growth in the global cloud security market. Various types of cloud security services include Identity & access management, web security, email security, data loss prevention, etc. Growth in demand for these cloud security solutions is witnessing an increase over the past few years, on account of increasing usage of cloud specific services such as Software as a Service, Infrastructure as a Service, Platform as a Service, etc., and rising instances of cloud specific attacks across various industry verticals. In addition, growing adoption of Bring Your Own Device (BYOD) concept, rising internet of things market and exponential growth in cyber security is projected to boost growth in cloud security market across the globe during forecast period as well.

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According to "Global Cloud Security Market By Service Type, By Deployment Mode, By End User, By Region, Competition Forecast and Opportunities, 2011 - 2021", the global market for cloud security is projected to grow at a CAGR over 10% during 2016-2021, due to rising instances of security breaches for identity and financial data theft in IT & telecom, BFSI, government and retail sectors. In addition, increasing adoption of cloud storage solutions by small & medium enterprises, rising adoption of cloud security in ecommerce, etc., is also driving global cloud security market. North America dominated the global cloud security market in 2015 due to increasing adoption of cloud computing, and growing IT security spending in the region. Few of the key players operating in global cloud security market include Trend Micro, Intel, IBM, Cisco and Symantec. "Global Cloud Security Market By Service Type, By Deployment Mode, By End User, By Region, Competition Forecast and Opportunities, 2011 - 2021" discusses the following aspects of the cloud security market across the globe: