Global Cloud Security: Rising Instances of Cyber Attacks, SMB Demands to Fuel Market Growth

Global Cloud Security: Rising Instances of Cyber Attacks, SMB Demands to Fuel Market Growth

The worldwide cloud solutions market to exhibit a 19.83% CAGR over the forecast period 2017-2021. The comprehensive market study talks about the opportunities of the market and its future scenario, such as the market size and share held by various segments of the market. The report segments the market by product type, applications and geographically.

Cloud security enables associations to ensure systems, endpoints, and applications from different vindictive assaults, Advanced Persistent Threats (APTs), ransomwares, and cybercriminals. The significant determinants driving the cloud security market are the surge of Bring Your Own Device (BYOD) and Internet of Things (IoT) patterns, growth in appropriation of cloud-based security networks, expanding interest for distributed computing and expanding government activities, and rise smart cities. Subsequently, ventures are utilizing cloud security networks to secure systems and endpoints from digital dangers.

The important factors propelling the market are wide arena of uses of 3D printing, as verticals like car and aviation executing this innovation and expanding interests in R&D throughout the years with high – end developments being a solid spark and aiding in market growth. The one factor that could hamper the development of the market is expenses connected with the absence of 3D content impeding the development and which organizations need to concentrate on. The significant open doors which opens new roads for organizations are developing progression in 4D innovation, expanding use of 3D Technology in Healthcare and expanding selection of auto stereoscopic display in 3D advertising. With these advances in technology, the global market is expected to witness high growth and opportunities.

The report segments the international cloud security market on the basis of applications into cloud email security, cloud IAM, cloud DLP, cloud IDS/IPS, cloud SIEM on private, public and hybrid cloud.

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The surge in requirement for security of information and identity in corporate sector is a pivotal factor for the development of this the cloud IAM segment. The utilization of cloud IAM solutions is developing among vast undertakings and SMBs with expanding measures of basic and classified information being exchanged. These solutions furnish undertakings with more noteworthy control over access to applications and delicate data from remote areas. Personal and professional utilization of cell phones is likewise propelling the interest for cloud IAM as these gadgets are defenseless against attacks online.

The report also analyzes aspects such as the vendor landscape, including a comprehensive analysis of the competitive vendors operating in the global cloud security market. It mentions names of leading companies such as IBM, Symantec, Trend Micro, Cisco and Akamai Technologies. The researchers have provided insight into the market opportunities and restraints that the vendors are expected to face during the course of the forecast period.