Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 4.30 Billion | USD 17.87 Billion | 15.3% | 2023 |
According to a report from Zion Market Research, the global Cloud Security Posture Management Market was valued at USD 4.30 Billion in 2023 and is projected to hit USD 17.87 Billion by 2032, with a compound annual growth rate (CAGR) of 15.3% during the forecast period 2024-2032. This report explores market strengths, weakness, opportunities, and threats. It also provides valuable insights into the market's growth drivers, challenges, and the future prospects that may emerge in the Cloud Security Posture Management Market industry over the next decade.
The report offers assessment and analysis of the Cloud Security Posture Management market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD Billion).
Cloud Security Posture Management (CSPM) is designed for determining configuration issues in cloud as well as compliance risks. It is utilized by many of the firms adopting cloud first strategy for extending security to multi cloud and hybrid cloud tools. Furthermore, cloud security posture management is related to infrastructure as a service activity and helps in minimizing compliance risks associated to Software as a Service environment as well as Platform as a Service cloud environment. The CSPM tool helps in maintaining secured cloud environment through reduction of data violations. CSPM offers various benefits such as assessing real time data risks constantly and automatize provisioning.
The expansion of cloud security posture management market over 2024 – 2032 is owing to rise in the security breaches incidences as a result of cloud misconfigurations and availability of less security tools. Apart from this, need for reducing the risk of cloud infrastructure violations has resulted in massive demand for cloud security posture management activities. However, low level of awareness pertaining to cloud security architecture and cloud resources is set to hinder the expansion of cloud security posture management industry over the assessment period. In addition to this, rise in the migration of various businesses to cloud will offer new growth avenues for cloud security posture management industry over the anticipated timeline. Moreover, need for solving the problem of cloud misconfiguration is likely to shape the growth of cloud security posture management industry over the assessment period.
Report Attributes | Report Details |
---|---|
Report Name | Cloud Security Posture Management Market |
Market Size in 2023 | USD 4.30 Billion |
Market Forecast in 2032 | USD 17.87 Billion |
Growth Rate | CAGR of 15.3% |
Number of Pages | 125 |
Key Companies Covered | Atos (France), IBM Corporation (U.S.), Palo Alto Networks, Inc. (U.S.), BitGlass (U.S.), VMware, Inc. (U.S.), Microsoft Corporation (U.S.), Aujas Cybersecurity (U.S.), CheckPoint Software Technologies Pvt Ltd (Israel), McAfee Corporation (U.S.), Optiv Security (U.S.), Zscaler (U.S.), Forcepoint (U.S.), FireEye (U.S.), Cisco Systems (U.S.), Sophos Group Plc. (UK), CrowdStrike Holdings Inc. (U.S.), CipherCloud (U.S.), Aqua Security (U.S.), Armor Defense Inc (U.S.), and Blazeclan Technologies (India). |
Segments Covered | By Vertical, By Cloud Model, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North American Market To Add Majorly Towards Overall Market Size By 2032
The regional market expansion over the forecast timeline is attributed to a large number of cloud security posture management service providers catering to the requirements of the firms across the U.S. Apart from this, a large number of firms in North America are adopting cloud data protecting tools for enhancing operational efficiency of their businesses along with avoiding mis-configuration issues occurring in cloud. This, in turn, will drive the regional market trends.
Key players profiled in the study include:
The global Cloud Security Posture management market is segmented as follows:
FrequentlyAsked Questions
The expansion of cloud security posture management market over 2024 – 2032 is owing to rise in the security breaches incidences as a result of cloud misconfigurations and availability of less security tools. Apart from this, need for reducing the risk of cloud infrastructure violations has resulted in massive demand for cloud security posture management activities.
According to Zion market research report, the global Cloud Security Posture Management Market was valued at USD 4.30 Billion in 2023 and is projected to hit USD 17.87 Billion by 2032, with a compound annual growth rate (CAGR) of 15.3% during the forecast period 2024-2032.
North America will contribute lucratively towards the global market size over the estimated timeline. The regional market surge is due large number of cloud security posture management service providers catering the requirements of the firms across the U.S. Apart from this, large number of firms in North America are adopting cloud data protecting tools for enhancing operational efficiency of their businesses along with avoiding mis-configuration issues occurring in cloud. This, in turn, will drive the regional market trends.
The key market participants include Atos (France), IBM Corporation (U.S.), Palo Alto Networks, Inc. (U.S.), BitGlass (U.S.), VMware, Inc. (U.S.), Microsoft Corporation (U.S.), Aujas Cybersecurity (U.S.), CheckPoint Software Technologies Pvt Ltd (Israel), McAfee Corporation (U.S.), Optiv Security (U.S.), Zscaler (U.S.), Forcepoint (U.S.), FireEye (U.S.), Cisco Systems (U.S.), Sophos Group Plc. (UK), CrowdStrike Holdings Inc. (U.S.), CipherCloud (U.S.), Aqua Security (U.S.), Armor Defense Inc (U.S.), and Blazeclan Technologies (India).
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