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MarketsandMarkets forecasts that the global multi-cloud security market would grow from an estimated USD 4.4 billion in 2022 to USD 10.5 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 18.7% from 2022 to 2027. Rising need for unified multi-cloud security solutions due to increasing cyberattacks, and the growing government support for deploying multi-cloud security solutions are some of the factors driving the market growth.

Top Multi-cloud Security Companies include

• Microsoft (US)
• Aqua Security (Israel)
• VMware (US)
• Rackspace (UK)
• Entrust (US) and many more....

Companies like Check Point and Palo Alto Networks provide comprehensive security solutions that work across various cloud platforms.

What is Multi-Cloud Security?

According to MarketsandMarkets, multi-cloud security is a cloud security solution and service that protects multiple public cloud platforms. The solution protects cyber breaches across multiple cloud infrastructures and caters to applications such as network security, endpoint and IoT device security, and application security.

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Competitive overview:

Microsoft develops and supports software, services, devices, and solutions, including computer software, consumer electronics, personal computers, and related services. The company offers various services, including cloud-based solutions that provide customers with software, services, and platforms, along with solution support and consulting services. The company’s products include operating systems, across-device productivity and collaboration applications, server applications, business solutions, desktop and server management tools, software development tools, and video games. The company also designs and sells devices, including PCs, tablets, gaming and entertainment consoles, intelligent devices, and related accessories. In the multi-cloud security market, it provides Microsoft Defender for Cloud. Microsoft Defender for Cloud is a unified cloud-native platform that helps strengthen the security posture, enables protection against modern threats, and helps reduce risk throughout the cloud application lifecycle across multi-cloud and hybrid environments. It provides unified visibility of security posture across Azure, AWS, Google Cloud, and hybrid clouds; offers real-time security access and prioritization of critical tasks; provides integrated XDR solution across multi-cloud workloads to prevent, detect, and respond to attacks; and provides centralized insights across multipipeline and multi-cloud DevOps to improve application development security.

Apart from large vendors, some SMEs and startups, such as Aqua Security, Aviatrix, Saviynt, Tufin, Distology, are also evolving in the multi-cloud security market.

Another important player in the multi-cloud security market is Aqua Security. Aqua Security is a cybersecurity company that helps organizations secure their containers, serverless functions, and cloud VMs. The company provides products and solutions for software supply chain security, container security, Kubernetes security, CSPM, vulnerability scanning, container security, serverless security, and VM security. In the multi-cloud security market, it provides the Aqua Platform. Aqua Security provides full lifecycle security controls for containers and serverless functions and compatibility and integrations with cloud providers.

VMware, headquartered in Palo Alto, California, is a global leader in cloud infrastructure and digital workspace technology. Founded in 1998, VMware pioneered virtualization technology that revolutionized data centers by enabling multiple virtual machines to run on a single physical server. VMware's product portfolio includes VMware vSphere for server virtualization, VMware NSX for network virtualization, VMware Workspace ONE for digital workspace management, and VMware Cloud Foundation for hybrid cloud infrastructure. The company serves a wide range of industries, helping organizations modernize their IT infrastructure, enhance security, and streamline operations through software-defined data centers and cloud computing solutions.

Rackspace Technology, headquartered in Windcrest, Texas, with its UK operations based in London, is a leading managed cloud services provider. The company offers expertise in managing public cloud, private cloud, and hybrid cloud environments across multiple platforms including AWS, Microsoft Azure, Google Cloud Platform, and VMware. Rackspace provides a comprehensive suite of services including cloud migration, application modernization, data analytics, cybersecurity, and managed hosting. With a strong focus on customer support and innovation, Rackspace helps businesses navigate their digital transformation journey by optimizing cloud resources, improving scalability, and ensuring reliability of IT infrastructure.

Entrust, based in Minneapolis, Minnesota, is a global leader in identity and access management (IAM), encryption, and digital security solutions. Founded in 1969, Entrust provides a range of security products and services to protect digital identities, transactions, and data for enterprises, governments, and financial institutions worldwide. Its offerings include certificate issuance and management, secure access solutions, IoT security, and credentialing solutions. Entrust helps organizations mitigate cyber threats, ensure compliance with regulatory requirements, and establish trust in digital interactions. The company continues to innovate in cybersecurity, leveraging advanced technologies to address evolving threats and secure digital ecosystems effectively.

Related Reports:

Multi-cloud Security Market by Offering (Solution and Services), Cloud Model (IaaS, PaaS, and SaaS), Application (Network, Endpoint), Verticals (BFSI, Healthcare, IT and ITeS, Retail and eCommerce), Organization Size Region - Global Forecast to 2027