Cloud Security Market by Service Type (IAM, DLP, IDS/IPS, SIEM, and Encryption), Security Type, Service Model (IaaS, PaaS, and SaaS), Deployment Type (Public, Private, and Hybrid), Organization Size, Vertical, and Region - Global Forecast to 2022

The cloud security market size is expected to grow from USD 4.09 Billion in 2017 to USD 12.73 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 25.5% during the forecast period. The base year considered for the study is 2016 and the market size is calculated from 2017 to 2022.

The objective of the report is to define, describe, and forecast the cloud security market on the basis of service types, security types, service models, deployment types, organization sizes, industry verticals, and regions. The report analyzes the opportunities in the market for stakeholders by identifying high-growth segments of the market. Furthermore, the report profiles the key players of the market and comprehensively analyzes their core competencies, such as new product launches, acquisitions, partnerships, agreements, and collaborations. Moreover, the report also covers detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges).

The research methodology used to estimate and forecast the cloud security market begins with capturing data from various industry associations and consortiums, such as SANS Institute, Cloud Security Alliance (CSA), RSA Security, SC Magazine, and other sources, such as company financials, journals, press releases, paid databases, & annual reports. The vendor product and service offerings are also taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the overall cloud security market size from the revenue of the key players in the market. After arriving at the overall market size, the total market was split into several segments & subsegments, which were then verified through primary research by conducting extensive interviews with key people, such as Chief Executive Officers (CEOs), Vice Presidents (VPs), directors, executives, and cyber deception technologists. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and to arrive at the exact statistics for all segments & subsegments. The breakdown of primary profiles is depicted in the below figure:

To know about the assumptions considered for the study, download the pdf brochure

The cloud security ecosystem comprises major vendors, such as Trend Micro, Inc. (Tokyo, Japan), Intel Security (California, U.S.), Symantec Corporation (California, U.S.), IBM Corporation (New York, U.S.), Cisco systems (California, U.S.), CA Technologies, Inc. (New York, U.S.), CSC (Virginia, U.S.), and Fortinet, Inc. (California, U.S.), cloud service providers, & system integrators. Other stakeholders include cloud security service providers, consulting firms, Information Technology (IT) service providers, Value-Added Resellers (VARs), enterprise users, and security & access management technology providers.

Key target audience of the cloud security market report is given below:

• Government Agencies
• Cloud Security Vendors
• Network Solution Providers
• Independent Software Vendors
• Consulting Firms
• System Integrators
• VARs
• Managed Security Service Providers (MSSPs)

“The study answers several questions for the stakeholders; primarily, which market segments to focus on in the next two to five years for prioritizing their efforts and investments.”

Scope of the Report

The research report segments the cloud security market into the following submarkets:

By Service Type

• Identity and Access Management (IAM)
• Data Loss Prevention (DLP)
• Intrusion Detection System (IDS)/Intrusion Prevention System (IPS)
• Security Information and Event Management (SIEM)
• Encryption
• Others

By Security Type

• Application Security
• Database Security
• Endpoint Security
• Network Security
• Web and Email Security

By Service Model:

• Infrastructure-as-a-Service (IaaS)
• Platform-as–a-Service (PaaS)
• Software-as-a-Service (SaaS)

By Deployment Type:

• Public Cloud
• Private Cloud
• Hybrid Cloud

By Organization Size:

• Small and Medium Enterprises (SMEs)
• Large Enterprises

By Vertical:

• Banking, Financial Services, and Insurance (BFSI)
• Aerospace and Defense
• Automotive
• Energy and Utilities
• Government and Public Utilities
• Healthcare and Life Sciences
• IT and Telecom
• Manufacturing
• Retail
• Others

By Region:

• North America
• Europe
• Asia-Pacific (APAC)
• Middle East and Africa (MEA)
• Latin America

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

Geographic Analysis

• Further breakdown of the North American cloud security market
• Further breakdown of the European market
• Further breakdown of the APAC market
• Further breakdown of the MEA market
• Further breakdown of the Latin American market

Company Information

Detailed analysis and profiling along with vendor DIVE matrix to get detailed information regarding their competitors on the basis of their product offerings and business strategies. The report reviews the major players who offer cloud security services. Additionally, the report will outline the findings and analysis on how well each cloud security vendor performs within MarketsandMarkets criteria.

Table of Contents

1 Introduction (Page No. - 17)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
    1.4 Years Considered for the Study
    1.5 Currency
    1.6 Stakeholders

2 Research Methodology (Page No. - 20)
    2.1 Research Data
    2.2 Research Data
           2.2.1 Secondary Data
           2.2.2 Primary Data
                    2.2.2.1 Key Data From Primary Sources
                    2.2.2.1 Key Industry Insights
    2.3 Market Size Estimation
           2.3.1 Bottom-Up Approach
           2.3.2 Top-Down Approach
    2.4 Research Assumptions and Limitations
           2.4.1 Limitations

3 Executive Summary (Page No. - 26)

4 Premium Insights (Page No. - 29)
    4.1 Attractive Market Opportunities in the Cloud Security Market
    4.2 Market By Service Type, 2017–2022
    4.3 Market By Security Type, 2017–2022
    4.4 Market By Service Model, 2017–2022
    4.5 Market By Deployment Type, 2017–2022
    4.6 Market By Organization Size, 2017–2022
    4.7 Market By Vertical, 2017–2022
    4.8 Lifecycle Analysis, By Region

5 Market Overview and Industry Trends (Page No. - 33)
    5.1 Regulatory Implications
           5.1.1 Payment Card Industry Data Security Standard
           5.1.2 Health Insurance Portability and Accountability Act/Hitech Compliance
           5.1.3 Federal Information Security Management Act
           5.1.4 Gramm-Leach-Bliley Act
           5.1.5 Sarbanes-Oxley Act
    5.2 Innovation Spotlight
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Increasing Adoption of Byod and Iot
                    5.3.1.2 Rise in the Adoption of Cloud-Based Security Solutions
                    5.3.1.3 Increasing Demand for Cloud Computing
                    5.3.1.4 Increasing Government Initiatives and Emergence of Smart Cities
           5.3.2 Restraints
                    5.3.2.1 Stringent Government Rules and Regulations
                    5.3.2.2 Risk of Information Loss
                    5.3.2.3 Lack of Trust on Cloud Service Providers
           5.3.3 Opportunities
                    5.3.3.1 Rise in the Adoption of Advanced Cloud Security Solutions in Healthcare Industries
                    5.3.3.2 Increasing Adoption of Cloud Services By Smbs
           5.3.4 Challenges
                    5.3.4.1 Increased Complexity Due to the Virtualized Infrastructure

6 Cloud Security Market Analysis, By Service Type (Page No. - 39)
    6.1 Introduction
    6.2 Identity and Access Management
    6.3 Data Loss Prevention
    6.4 Intrusion Detection System (IDS)/Intrusion Prevention System (IPS)
    6.5 Security Information and Event Management
    6.6 Encryption
    6.7 Other Services Type

7 Cloud Security Market Analysis, By Security Type (Page No. - 46)
    7.1 Introduction
    7.2 Application Security
    7.3 Database Security
    7.4 Endpoint Security
    7.5 Network Security
    7.6 Web and Email Security

8 Cloud Security Market Analysis, By Service Model (Page No. - 52)
    8.1 Introduction
    8.2 Infrastructure-As-A-Service
    8.3 Platform-As-A-Service
    8.4 Software-As-A-Service

9 Cloud Security Market Analysis, By Deployment Type (Page No. - 57)
    9.1 Introduction
    9.2 Public Cloud
    9.3 Private Cloud
    9.4 Hybrid Cloud

10 Cloud Security Market Analysis, By Organization Size (Page No. - 62)
     10.1 Introduction
     10.2 Small and Medium Enterprises
     10.3 Large Enterprises

11 Cloud Security Market Analysis, By Vertical (Page No. - 66)
     11.1 Introduction
     11.2 Banking, Financial Services, and Insurance
     11.3 Aerospace and Defense
     11.4 Automotive
     11.5 Energy and Utilities
     11.6 Government and Public Utilities
     11.7 Healthcare and Life Sciences
     11.8 IT and Telecom
     11.9 Manufacturing
     11.10 Retail
     11.11 Other Verticals

12 Geographic Analysis (Page No. - 78)
     12.1 Introduction
     12.2 North America
     12.3 Europe
     12.4 Asia-Pacific
     12.5 Middle East and Africa
     12.6 Latin America

13 Competitive Landscape (Page No. - 98)
     13.1 Introduction
             13.1.1 Vanguards
             13.1.2 Innovators
             13.1.3 Dynamic
             13.1.4 Emerging
     13.2 Competitive Benchmarking
             13.2.1 Product Offerings (For All 25 Players)
             13.2.2 Business Strategy (For All 25 Players)

14 Company Profiles (Page No. - 102)
(Overview, Financials, Products & Services, Strategy, and Developments)*
     14.1 Trend Micro, Inc.
     14.2 Mcafee LLC
     14.3 Symantec Corporation
     14.4 International Business Machines Corporation
     14.5 Cisco Systems, Inc.
     14.6 CA Technologies
     14.7 Check Point Software Technologies Ltd.
     14.8 Computer Science Corporation (CSC)
     14.9 Fortinet, Inc.
     14.10 Sophos, PLC
     14.11 Imperva, Inc.
     14.12 Qualys, Inc.
     14.13 Ciphercloud, Inc.
     14.14 Zscaler, Inc.
     14.15 Avanan, Inc.
     14.16 Cloudpassage, Inc.

*Details on Overview, Financials, Product & Services, Strategy, and Developments Might Not Be Captured in Case of Unlisted Companies.

15 Appendix (Page No. - 162)
     15.1 Discussion Guide
     15.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     15.3 Introducing RT: Real-Time Market Intelligence
     15.4 Available Customizations
     15.5 Related Reports
     15.6 Author Details

List of Tables (68 Tables)

Table 1 United States Dollar Exchange Rate, 2014–2016
Table 2 Cloud Security Market Size and Growth Rate, 2015–2022 (USD Million, Y-O-Y %)
Table 3 Cloud Security Market Size, By Service Type, 2015–2022 (USD Million)
Table 4 Identity and Access Management: Market Size, By Region, 2015–2022 (USD Million)
Table 5 Data Loss Prevention: Market Size, By Region, 2015–2022 (USD Million)
Table 6 Intrusion Detection System/Intrusion Prevention System: Market Size, By Region, 2015–2022 (USD Million)
Table 7 Security Information and Event Management: Market Size, By Region, 2015–2022 (USD Million)
Table 8 Encryption: Market Size, By Region, 2015–2022 (USD Million)
Table 9 Other Services Type: Market Size, By Region, 2015–2022 (USD Million)
Table 10 Cloud Security Market Size, By Security Type, 2015–2022 (USD Million)
Table 11 Application Security: Market Size, By Region, 2015–2022 (USD Million)
Table 12 Database Security: Market Size, By Region, 2015–2022 (USD Million)
Table 13 Endpoint Security: Market Size, By Region, 2015–2022 (USD Million)
Table 14 Network Security: Market Size, By Region, 2015–2022 (USD Million)
Table 15 Web and Email Security: Market Size, By Region, 2015–2022 (USD Million)
Table 16 Cloud Security Market Size, By Service Model, 2015–2022 (USD Million)
Table 17 Infrastructure-As-A-Service: Market Size, By Region, 2015–2022 (USD Million)
Table 18 Platform-As-A-Service: Market Size, By Region, 2015–2022 (USD Million)
Table 19 Software-As-A-Service: Market Size, By Region, 2015–2022 (USD Million)
Table 20 Cloud Security Market Size, By Deployment Type, 2015–2022 (USD Million)
Table 21 Public Cloud: Market Size, By Region, 2015–2022 (USD Million)
Table 22 Private Cloud: Market Size, By Region, 2015–2022 (USD Million)
Table 23 Hybrid Cloud: Market Size, By Region, 2015–2022 (USD Million)
Table 24 Cloud Security Market Size, By Organization Size, 2015–2022 (USD Million)
Table 25 Small and Medium Enterprises: Market Size, By Region, 2015–2022 (USD Million)
Table 26 Large Enterprises: Market Size, By Region, 2015–2022 (USD Million)
Table 27 Cloud Security Market Size, By Vertical, 2015–2022 (USD Million)
Table 28 Banking, Financial Services, and Insurance: Market Size, By Region, 2015–2022 (USD Million)
Table 29 Aerospace and Defense: Market Size, By Region, 2015–2022 (USD Million)
Table 30 Automotive: Market Size, By Region, 2015–2022 (USD Million)
Table 31 Energy and Utilities: Market Size, By Region, 2015–2022 (USD Million)
Table 32 Government and Public Utilities: Market Size, By Region, 2015–2022 (USD Million)
Table 33 Healthcare and Life Sciences: Market Size, By Region, 2015–2022 (USD Million)
Table 34 IT and Telecom: Market Size, By Region, 2015–2022 (USD Million)
Table 35 Manufacturing: Market Size, By Region, 2015–2022 (USD Million)
Table 36 Retail: Market Size, By Region, 2015–2022 (USD Million)
Table 37 Other Verticals: Market Size, By Region, 2015–2022 (USD Million)
Table 38 Cloud Security Market Size, By Region, 2015–2022 (USD Million)
Table 39 North America: Market Size, By Service Type, 2015–2022 (USD Million)
Table 40 North America: Market Size, By Security Type, 2015–2022 (USD Million)
Table 41 North America: Market Size, By Service Model, 2015–2022 (USD Million)
Table 42 North America: Market Size, By Deployment Type, 2015–2022 (USD Million)
Table 43 North America: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 44 North America: Market Size, By Vertical, 2015–2022 (USD Million)
Table 45 Europe: Cloud Security Market Size, By Service Type, 2015–2022 (USD Million)
Table 46 Europe: Market Size, By Security Type, 2015–2022 (USD Million)
Table 47 Europe: Market Size, By Service Model, 2015–2022 (USD Million)
Table 48 Europe: Market Size, By Deployment Type, 2015–2022 (USD Million)
Table 49 Europe: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 50 Europe: Market Size, By Vertical, 2015–2022 (USD Million)
Table 51 Asia-Pacific: Cloud Security Market Size, By Service Type, 2015–2022 (USD Million)
Table 52 Asia-Pacific: Market Size, By Security Type, 2015–2022 (USD Million)
Table 53 Asia-Pacific: Market Size, By Service Model, 2015–2022 (USD Million)
Table 54 Asia-Pacific: Market Size, By Deployment Type, 2015–2022 (USD Million)
Table 55 Asia-Pacific: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 56 Asia-Pacific: Market Size, By Vertical, 2015–2022 (USD Million)
Table 57 Middle East and Africa: Cloud Security Market Size, By Service Type, 2015–2022 (USD Million)
Table 58 Middle East and Africa: Market Size, By Security Type, 2015–2022 (USD Million)
Table 59 Middle East and Africa: Market Size, By Service Model, 2015–2022 (USD Million)
Table 60 Middle East and Africa: Market Size, By Deployment Type, 2015–2022 (USD Million)
Table 61 Middle East and Africa: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 62 Middle East and Africa: Market Size, By Vertical, 2015–2022 (USD Million)
Table 63 Latin America: Cloud Security Market Size, By Service Type, 2015–2022 (USD Million)
Table 64 Latin America: Market Size, By Security Type, 2015–2022 (USD Million)
Table 65 Latin America: Market Size, By Service Model, 2015–2022 (USD Million)
Table 66 Latin America: Market Size, By Deployment Type, 2015–2022 (USD Million)
Table 67 Latin America: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 68 Latin America: Market Size, By Vertical, 2015–2022 (USD Million)

List of Figures (71 Figures)

Figure 1 Global Cloud Security Market Segmentation
Figure 2 Global Market: Research Design
Figure 3 Data Triangulation
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 North America is Estimated to Hold the Largest Market Share in 2017
Figure 7 Fastest Growing Segments of the Cloud Security Market
Figure 8 Increasing Adoption of Bring Your Own Device and Internet of Things Trend is Expected to Boost the Cloud Security Market
Figure 9 Encryption Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 10 Application Security Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 11 Infrastructure-As-A-Service Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 12 Hybrid Cloud Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 13 Small and Medium Enterprises Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 14 Retail Vertical is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 15 The Cloud Security Market has Immense Opportunities for Growth in the Asia-Pacific Region
Figure 16 Cloud Security Market: Drivers, Restraints, Opportunities, and Challenges
Figure 17 Encryption Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 18 Application Security Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 19 Infrastructure-As-A-Service is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 20 Hybrid Cloud Deployment Type is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 21 Small and Medium Enterprises Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 22 Retail Vertical is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 23 North America is Expected to Hold the Largest Market Size During the Forecast Period
Figure 24 Regional Snapshot: Asia-Pacific is the Emerging Region in the Cloud Security Market
Figure 25 North America: Market Snapshot
Figure 26 Asia-Pacific: Market Snapshot
Figure 27 Dive Chart (For 25 Companies)
Figure 28 Trend Micro, Inc.: Company Snapshot
Figure 29 Trend Micro, Inc.: Product Offering Scorecard
Figure 30 Trend Micro, Inc.: Business Strategy Scorecard
Figure 31 Mcafee LLC: Company Snapshot
Figure 32 Mcafee LLC: Product Offering Scorecard
Figure 33 Mcafee LLC: Business Strategy Scorecard
Figure 34 Symantec Corporation: Company Snapshot
Figure 35 Symantec Corporation: Product Offering Scorecard
Figure 36 Symantec Corporation: Business Strategy Scorecard
Figure 37 International Business Machines Corporation: Company Snapshot
Figure 38 International Business Machines Corporation: Product Offering Scorecard
Figure 39 International Business Machines Corporation: Business Strategy Scorecard
Figure 40 Cisco Systems, Inc.: Company Snapshot
Figure 41 Cisco Systems, Inc.: Product Offering Scorecard
Figure 42 Cisco Systems, Inc.: Business Strategy Scorecard
Figure 43 CA Technologies: Company Snapshot
Figure 44 CA Technologies: Product Offering Scorecard
Figure 45 CA Technologies: Business Strategy Scorecard
Figure 46 Check Point Software Technologies Ltd: Company Snapshot
Figure 47 Check Point Software Technologies Ltd: Product Offering Scorecard
Figure 48 Check Point Software Technologies Ltd: Business Strategy Scorecard
Figure 49 Computer Science Corporation: Company Snapshot
Figure 50 Computer Science Corporation: Product Offering Scorecard
Figure 51 Computer Science Corporation: Business Strategy Scorecard
Figure 52 Fortinet, Inc.: Company Snapshot
Figure 53 Fortinet, Inc.: Product Offering Scorecard
Figure 54 Fortinet, Inc.: Business Strategy Scorecard
Figure 55 Sophos, Ltd: Company Snapshot
Figure 56 Sophos PLC.: Product Offering Scorecard
Figure 57 Sophos PLC.: Business Strategy Scorecard
Figure 58 Imperva, Inc.: Company Snapshot
Figure 59 Imperva, Inc.: Product Offering Scorecard
Figure 60 Imperva, Inc.: Business Strategy Scorecard
Figure 61 Qualys, Inc.: Company Snapshot
Figure 62 Qualys, Inc.: Product Offering Scorecard
Figure 63 Qualys, Inc.: Business Strategy Scorecard
Figure 64 Ciphercloud, Inc.: Product Offering Scorecard
Figure 65 Ciphercloud, Inc.: Business Strategy Scorecard
Figure 66 Zscaler, Inc.: Product Offering Scorecard
Figure 67 Zscaler, Inc.: Business Strategy Scorecard
Figure 68 Avanan, Inc.: Product Offering Scorecard
Figure 69 Avanan, Inc.: Business Strategy Scorecard
Figure 70 Cloudpassage, Inc.: Product Offering Scorecard
Figure 71 Cloudpassage, Inc.: Business Strategy Scorecard

The cloud security market size is expected to grow from USD 4.09 Billion in 2017 to USD 12.73 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 25.5% during the forecast period. The major growth drivers of the market include increased adoption of Bring Your Own Device (BYOD) and Internet of Things (IoT) trends, rise in adoption of cloud-based security services, increasing demand for cloud computing & increasing government initiatives, and emergence of smart cities. The cloud security market is segmented by service types, security types, service models, deployment types, organization sizes, industry verticals, and regions. Identity and Access Management (IAM) is expected to dominate among the service types segment during the forecast period. The reason behind the high growth rate is the increasing number of in digital identities within small and large enterprises. This results in increase in cyberattacks and creates demands for more comprehensive cloud-based security services that would help customers secure their Information Technology (IT) infrastructure.

The application security segment is expected to grow at the highest CAGR during the forecast period. However, the web and email security segment accounts for the largest share of the cloud security market in 2017. The hybrid cloud deployment type is expected to grow at the highest CAGR during the forecast period. The large enterprises segment is expected to account for the largest market size in 2017. Moreover, the Small and Medium-Sized Enterprises (SMEs) segment is expected to grow at the highest CAGR during the forecast period.

Cloud security services have been deployed across various industry verticals, including Banking Financial Services, and Insurance (BFSI), aerospace & defense, automotive, energy & utilities, government & public utilities, healthcare & life sciences, IT & telecom, manufacturing, retail, and others. The retail vertical is expected to grow at the highest CAGR during the forecast period. However, the BFSI vertical is estimated to have the largest market size in 2017.

The global cloud security market has been segmented on the basis of regions into North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and Latin America to provide a region-specific analysis in the report. The North American region, followed by Europe, is expected to become the largest revenue-generating region for cloud security service vendors in 2017. This is mainly because, in the developed economies of the U.S. and Canada, there is high focus on innovations obtained from Research & Development (R&D) and security technologies. The APAC region is expected to be the fastest growing region in the cloud security market. The growth in this region is primarily driven by the increasing adoption of IoT devices and BYOD technologies within organizations.

However, stringent government rules and regulations may restrict the cloud security market’s growth. Major vendors that offer cloud security services across the globe are Trend Micro, Inc. (Tokyo, Japan), Intel Security (California, U.S.), Symantec Corporation (California, U.S.), IBM Corporation (New York, U.S.), Cisco systems (California, U.S.), CA Technologies, Inc. (New York, U.S.), CSC (Virginia, U.S.), and Fortinet, Inc. (California, U.S.). These vendors have adopted different types of organic and inorganic growth strategies, such as new product launches, partnerships & collaborations, and acquisitions, to expand their offerings in the cloud security market.

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