Topnewspro.com The “Global Cloud Security Market” report has been added by Logic Research and Solutions.
Cloud computing allows organizations to access configurable and reliable resources, such as servers, networks, and services, as a utility that can provide several benefits for the user and organizations. With the more organization are using cloud-based services for data operations, the proper security and other potential threats have become the major priority. The various cloud security solution such as IAM, DLP, and e-mail, eliminates the need for hardware & software installation and maintenance. Many retailers are adopting cloud computing in order to address customer expectations and improve their business operations.
Global Cloud Security Market
The rising cases of financial attacks in order to steal critical data such as bank account details, credit card information, and online transactions have increased over the past few years that have spurred the growth of cloud security solution. The adoption of cloud security solutions in rthe etail industry is growing in order to secure a large amount of financial data from vulnerable security threats. The increased use of mobile devices for mobile payments and personal purposes is also driving the demand for cloud security market. The proliferation of ccloud-basedservices among many SMBs is also supporting the cloud security market in rthe etail industry.
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Many global players such as Cisco, IBM , Symantec among others are offering cloud security solution in order to provide highly secure, flexible, cloud-based services for public, private, and hybrid clouds. These solutions are also helping retailers to maintain security, increase agility, and to enhance business processes.
Global Cloud Security Market Trends
However, increasing threat from open-source cloud computing vendors, the Lack of Lack of about cloud security awareness among users and Inconsistent network performance other related security and privacy issues might affect Cloud Security market in retail.
Segmentation of Cloud Security market:
The Cloud Security market has been segmented into two major categories that include deployment Type and Solution. The Deployment type segmentation includes Public Cloud, Private Cloud and Hybrid Cloud. The Solutions has been identified Data Loss Prevention, Email and Web Security, Cloud IAM, Cloud Database Security, Network Security, Virtualization Security among others. The Cloud Security market has been further segmented geographical into four regions that include north –America, Europe, Asia-pacific and Rest of the world.
According to the market analyst, The Cloud Security market is expected to reach $12 Billion at a CAGR of 13% by 2021.
The major key players in Cloud Security market include- Cisco Systems, Inc. (U.S.), IBM Corporation (U.S.), Intel Corporation (U.S.), Symantec Corporation (U.S.) , Trend Micro, Inc. (Japan), CA Technologies (U.S.), CipherCloud (U.S.), Fortinet, Inc. (U.S.), Clearswift (U.K.), Dell Technologies (U.S.), and among others.
According to the report, North America is dominating the market of Cloud Security Market due to the high adoption of cloud-based services among retail industries and a growing number of cyber security threats in this region. In North-America, U.S. holds the largest market share due to the presence of major key players in this region. The Asia-pacific is expected to lead the market due to the rising number of mobile users with high internet penetration and increasing mobile payments.
Buy the Report to Know
- What will the market size and growth rate up to 2021?
- What are the major driving and restraining factors to market growth?
- What are the key market trends impacting the growth of this market?
- What are the challenges and opportunities to market growth?
- Who are key vendors in this market?
- What are the market opportunities and threats faced by the key vendors?