Cloud Security Market - Upcoming Trends, Growth Drivers and Challenges – Forecast to 2022
Overview
The cloud security market is
projected to grow at a CAGR of 17% during the forecast period. As per the cloud
security market research report, the global market for cloud security is
anticipated to grow rapidly by US$13 billion by 2022. As per analysts, the
growth of the online market along with the expansion of IT infrastructure will
drive the market growth throughout the forecast period. The cloud security
market research report provides an in-depth analysis of the global cloud
security market and its end users applications, types, and deployment segments.
The high cost as well as privacy concerns are the factors which could affect
the cloud security market growth during the forecast period. The cloud security
market research report by expert analysts is intended to help companies in the
cloud security market.
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Market Segmentation
The global cloud security market has been
segmented based on end users applications, types, and deployment. On the basis
of deployment, the market for cloud security is segmented based on private,
public, hybrid. Additionally, the market on the basis of types, is segmented
into cloud database security, network security, virtualization. The global
market for cloud security is also covered based on the end-user segment which
is further split into BFSI, IT & telecom, retail, and healthcare.
Key influences such as lack of skilled
professionals could obstruct the cloud security market growth. However, as per
the cloud security market research report, the expansion of the telecom sector
as well as the growing cyber-attacks on the cloud will drive growth during the
forecast period. These key growth factors will help support the cloud security
market growth at a high CAGR. The segmental analysis of end users applications,
types, and deployment segments as well as regional market analysis has been
presented in the global cloud security market research report. Analysts
studying the cloud security market have presented projections in the cloud
security market research report assisting cloud security market-based companies
in numerous ways. The cloud security market research report offers crucial
details about the cloud security market based on the data and forecasts till
2022.
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Regional Overview
North America, Europe, Asia Pacific and the rest
of the world regional market for cloud security are primarily covered in the
global cloud security market research report. The report also covers country-level
markets spread across North America – the United States, Canada, and Mexico. In
South America – Brazil and other country-level cloud security markets are
covered in the report. In Asia-Pacific (APAC) region, the country-level cloud
security markets covered are China, India, Japan, and others. The cloud
security market research report also covers the regional market for cloud
security spread across European countries including the United Kingdom, France,
Italy, Spain, and Germany, etc. The cloud security market research report
further explores other regional markets from the rest of the world including
cloud security markets of the Middle East and Africa. As per the global cloud
security market research report.
Competitive Landscape
The growth in usage of cloud services for data
storage and the rise in employee mobility are expected to accelerate the cloud
security market growth worldwide. The global cloud security market is set to
witness challenges including complex deployment and maintenance, however, companies
in the cloud security market will sustain the growth rate. The cloud security
market research report also offers company profiles of key players operating in
the cloud security market around the world. Additionally, the global cloud
security market report provides detailed analysis of the market based on
primary and secondary research data collected from the cloud security market’s
key decision makers as well as stakeholders. The cloud security market research
report covers all such factors assisting companies in the cloud security market
to improve their plans and portfolio.
Industry
News
A last
minute Order from then-president Donald Trump will demand the identification of
international customers by infrastructure as a service provider. While Trump
has left the White House and a new administration has taken office, the order
remains in effect unless new President Joe Biden expressly abrogates it. By
decree, the Ministry of Commerce has a duration of 180 days to enact IaaS
services regulations, described as cloud services which allow users to operate
non-predetermined software to verify the identity of all foreign clients. The
Trade Secretary shall also decide which foreign countries or individuals, if
any, should be refused the universal service.
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