Global Cloud Security Market Expected To Reach $8.71 Billion by 2019

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MarketsandMarkets Presents
Global Cloud Security Market Expected To Reach
8.71 Billion by 2019
http//www.marketsandmarkets.com/Market-Reports/cl
oud-security-market-100018098.html
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The report Cloud Security Market (Cloud
IAM/IDAASS, DLP, Web Security, Email Security,
Cloud IDS/IPS, SIEM, Encryption Services, BCDR,
Network Security, Cloud Database Security,
Virtualization Security) - Global Advancements,
Forecasts Analysis (2014-2019) segments the
global market into various sub-segments with
in-depth analysis and forecasting of revenues. It
also identifies the drivers and restraints for
this market with insights into trends,
opportunities, and challenges. Browse 58 market
data tables and 14 figures spread through 192
pages and in-depth TOC on Cloud Security Market
(Cloud IAM/IDAAS, DLP, Web Security, Email
Security, Cloud IDS/IPS, SIEM, Encryption
Services, BCDR, Network Security, Cloud Database
Security, Virtualization Security) - Global
Advancements, Forecasts Analysis
(2014-2019) http//www.marketsandmarkets.com/Mar
ket-Reports/cloud-security-market-100018098.html






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The increase inadoption of cloud computing, and
growing demand for managed security services are
playing a major role in shaping the future of
cloud-based security services market. Even though
there are various on-premise solutions available
for all types of security,cloud security has
become the prime importance for business who want
to reduce CAPEX and support growing number of
remote work force. Cloudvendors provide better
security solutions and are compatible with the
complex cloud processing. It also enables the
companies to become cost-efficient, scalable and
increase the business agility. The biggest
playersin this market which contribute to the
major market share are CA Technologies, IBM,
Symantec, Symplified, Fortinet, McAfee, Sophos,
Trend Micro, Zscaler, and Panda
Security. MarketsandMarkets has segmented the
global cloudsecurity market by services cloud
IAM/IDaaS, data loss prevention, web security
(WAF), email security, cloud IDS/IPS, SIEM (log
management and analysis), encryption, BCDR,
network security, cloud database security, and
virtualization security by deployment public,
private, and others (hybrid and community) by
industry verticals governmentand public
utilities, IT and telecommunication, healthcare
and life
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loud-security-market-100018098.html
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sciences, BFSI, retail, manufacturing,
transportation and others and by regions North
America (NA), Asia Pacific (APAC), Europe (EU),
Middle East and Africa (MEA), and Latin America
(LA). The major forces driving this market are
accelerated adoption of cloud computing, growing
cloud specific attacks, absence of strict
regulations on Cloud Service Providers (CSPs) and
increase in need of identity and access
management. The prime opportunity which is
expected to boost this market is increase in
adoption of cloud computing by Small and Medium
Size Businesses (SMBs). There are three types of
vendors operating in Cloud Security market
including pure play security vendors, traditional
security solution providers and diversified IT
vendors. However diversified IT vendors hold the
majority of market share. These companies serve
to diversified base of end users. Also these
vendors have strong technological leadership and
reseller networks. Although, these vendors may
not have expertise in niche security areas, but
they tend to acquire emerging companies to gain
entry in to the market and eventually gain
technological
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expertise in various security domains. Some of
the well known companies in this segment are IBM,
Novell and Symantec. MarketsandMarkets expects
that the global cloud securitymarket is estimated
to be 4.20 billion in 2014 and is expected to
grow to 8.71 billion in 2019. This represents an
estimated Compound Annual Growth Rate (CAGR) of
15.7 from 2014 to 2019. In the current scenario,
NA is expected to be the largestmarket on the
basis of spending and adoption for the
cloud-based security services market.
MarketsandMarkets further expects that the
increase in the markets of identity and access
management and managed security services in the
developing economies will further enhance the
growth of this market.
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oud-security-market-100018098.html
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