Cloud Security Solutions Market by End-user, Component, and Geography - Forecast and Analysis 2021-2025

  • Published: Aug 2021
  • Pages: 120
  • SKU: IRTNTR43568
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The cloud security solutions market has the potential to grow by USD 9.57 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 18.91%.

This cloud security solutions market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by end-user (BFSI, healthcare, retail, government, and others), component (cloud IAM, cloud e-mail security, cloud DLP, cloud IDS/IPS, and cloud SIEM), and geography (North America, Europe, APAC, MEA, and South America). The cloud security solutions market report also offers information on several market vendors, including Akamai Technologies Inc., Broadcom Inc., Check Point Software Technologies Ltd., Cisco Systems Inc., Fortinet Inc., Imperva Inc., International Business Machines Corp., McAfee LLC, Sophos Ltd., and Trend Micro Inc. among others.

What will the Cloud Security Solutions Market Size be in 2021?

Cloud-Security-Solutions-Market-Market-Size-2020-2025

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Cloud Security Solutions Market: Key Drivers and Trends

Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The rise in demand from SMBs is notably driving the cloud security solutions market growth, although factors such as lack of awareness about cloud security solutions among end-users may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the cloud security solutions industry get your FREE report sample now.

This cloud security solutions market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Cloud Security Solutions Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Akamai Technologies Inc.
  • Broadcom Inc.
  • Check Point Software Technologies Ltd.
  • Cisco Systems Inc.
  • Fortinet Inc.
  • Imperva Inc.
  • International Business Machines Corp.
  • McAfee LLC
  • Sophos Ltd.
  • Trend Micro Inc.

 

The cloud security solutions market is fragmented and the vendors are deploying growth strategies such as acquiring niche cloud security solutions vendors to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the cloud security solutions market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Cloud Security Solutions Market?

Cloud-Security-Solutions-Market-Market-Share-by-Region-2020-2025

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46% of the market’s growth will originate from North America during the forecast period. The US is a key market for cloud security solutions in North America. Market growth in this region will be faster than the growth of the market in Europe.

The presence of large banks and PCI companies and the increase in regulatory requirements will facilitate the cloud security solutions market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating End-user Segments in the Cloud Security Solutions Market?

Cloud-Security-Solutions-Market-Market-Share-by-End-2020-2025

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The cloud security solutions market share growth by the BFSI segment will be significant during the forecast period. The BFSI sector has been the constant target of web-based attacks over the past three to five years. The increased instances of cyberattacks have raised fear and awareness in the BFSI sector about the growing use of viruses and malware to target networks and applications, leading to the increased demand for cloud security solutions.

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the cloud security solutions market size.

 

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What are the Key Factors Covered in this Cloud Security Solutions Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive cloud security solutions market growth during the next five years
  • Precise estimation of the cloud security solutions market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the cloud security solutions industry across North America, Europe, APAC, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of cloud security solutions market vendors

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Cloud Security Solutions Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 18.91%

Market growth 2021-2025

$ 9.57 billion

Market structure

Fragmented

YoY growth (%)

16.34

Regional analysis

North America, Europe, APAC, MEA, and South America

Performing market contribution

North America at 46%

Key consumer countries

US, China, UK, Germany, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Akamai Technologies Inc., Broadcom Inc., Check Point Software Technologies Ltd., Cisco Systems Inc., Fortinet Inc., Imperva Inc., International Business Machines Corp., McAfee LLC, Sophos Ltd., and Trend Micro Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by End-user

    • Market segments
    • Comparison by End-user
    • BFSI - Market size and forecast 2020-2025
    • Healthcare - Market size and forecast 2020-2025
    • Retail - Market size and forecast 2020-2025
    • Government - Market size and forecast 2020-2025
    • Others - Market size and forecast 2020-2025
    • Market opportunity by End-user

    Market Segmentation by Component

    • Market segments
    • Comparison by Component
    • Cloud IAM - Market size and forecast 2020-2025
    • Cloud e-mail security - Market size and forecast 2020-2025
    • Cloud DLP - Market size and forecast 2020-2025
    • Cloud IDS/IPS - Market size and forecast 2020-2025
    • Cloud SIEM - Market size and forecast 2020-2025
    • Market opportunity by Component

    Customer landscape

    • Customer landscape

    Geographic Landscape

    • Geographic segmentation
    • Geographic comparison
    • North America - Market size and forecast 2020-2025
    • Europe - Market size and forecast 2020-2025
    • APAC - Market size and forecast 2020-2025
    • MEA - Market size and forecast 2020-2025
    • South America - Market size and forecast 2020-2025
    • Key leading countries
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Overview
    • Landscape disruption

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • Akamai Technologies Inc.
    • Broadcom Inc.
    • Check Point Software Technologies Ltd.
    • Cisco Systems Inc.
    • Fortinet Inc.
    • Imperva Inc.
    • International Business Machines Corp.
    • McAfee LLC
    • Sophos Ltd.
    • Trend Micro Inc.

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    TechnavioINFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases
    Technavio

    TechnavioDATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts
    Technavio

    TechnavioREPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
    Interested in this report?
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    The cloud security solutions market growth will increase by $7879.43 million during 2019-2024.
    The cloud security solutions market is expected to grow at a CAGR of 19.21% during 2019-2024.
    Technavio has segmented the cloud security solutions market by end user (BFSI, Healthcare, Retail, Government, and Others) and geographic (North America, Europe, APAC, MEA, and South America).
    Akamai Technologies Inc., Broadcom Inc., Check Point Software Technologies Ltd., Cisco Systems Inc., Fortinet Inc., Imperva Inc., International Business Machines Corp., McAfee LLC, Sophos Ltd., Trend Micro Inc. are a few of the key vendors in the cloud security solutions market.
    North America will register the highest growth rate of 46.89% among the other regions. Therefore, the cloud security solutions market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
    • China
    • US
    • Japan
    • Germany
    • South Korea (Republic of Korea)
    The key factors driving the cloud security solutions market growth are:
    • Low cost of ownership
    • Emergence of IDaaS
    The cloud security solutions market vendors should focus on grabbing business opportunities from the bfsi segment as it accounted for the largest market share in the base year.
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