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Cloud Security Market: Emerging Players with Size and Share, Regional Trends and Strategies Forecast 2021-2024

Cloud Security

The “Cloud Security Market” Report provides a thorough examination of the market. The Cloud Security Market research investigates how firms in the Cloud Security Market are reacting to changing market conditions by examining major industry strategies. The report covers current top players are recognised and rated based on their market shares. It also includes data on leading manufacturers, market segmentation by types, applications, and geographic regions. Market capacity, production, consumption, sales, and revenue are all discussed in this Cloud Security market report.

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Competitor Analysis:

Cloud Security market covers the vision of competitor analysis by product types, market share, applications, sales and revenue. It covers the top key players like –

  • Trend Micro
  • Inc.
  • Imperva
  • Inc.
  • Symantec Corporation
  • IBM Corporation
  • Cisco Systems
  • Inc.
  • Fortinet
  • Inc.
  • Sophos
  • PLC
  • Mcafee LLC
  • Qualys
  • Inc.
  • CA Technologies
  • Check Point Software Technologies Ltd
  • Computer Science Corporation (CSC)

    Market Overview:

  • The cloud security market in retail is expected to register a CAGR of 27.8% over the forecast period 2019-2024. According to the 2018 Cost of a Data Breach Study by Ponemon Institute, the average cost of a data breach is USD 3.86 million, which is a 6.4% increase on the 2017 cost of USD 3.62 million. To counter the same, investment in cloud security solutions in retail is increasing.
  • – Growing threats of cyber attacks are augmenting market growth. According to latest report by Thales eSecurity, half of U.S. retailers were breached in the past year, well above the 27% global average for retailers. Most of the login attempts made on online retailers’ websites are hackers using stolen data.
  • – Migration of retail decision processes from on-premise to cloud is a challenge since most of the processes like merchandise management and accounting are supported by on-premise solutions. Retailers should focus on new events like customer information storage or customer buying pattern that could be transferred to the cloud. For the old events, a more intelligent ERP system could be developed which enables the retail functions to scale as needed.

    Key Market Trends:

    Intrusion Detection and Prevention to Register a Significant Growth

    – An Intrusion Detection and Prevention Software (IDPS) monitors network traffic for signs of a possible attack. When it detects potentially dangerous activity, it takes action to stop the attack. Often this takes the form of dropping malicious packets, blocking network traffic or resetting connections. The IDPS also usually sends an alert to security administrators about the potential malicious activity.
    – The two main contributors to the successful deployment and operation of an IDS or IPS are the deployed signatures and the network traffic that flows through it.
    – According to Insider Threat 2018 report, most insider exploits are detected through IDPS. This indicates the popularity of IDPS and why majority of the vendors are offering this service.

    Asia-Pacific to Witness the Highest Growth

    – Asia is a major player in the changing retail landscape due to rise in e-commerce startups. China leads the e-commerce market with Alibaba recently opening a pop-up store in Australia and reflecting the ‘phygital’ trend towards digitally-enhanced offline experiences.
    – Offline retail is also gaining popularity. According to the International Labour Organization (ILO), it employs an aggregate of 44.6 million workers, which represents 16 percent of the region’s total employment.
    – Kroger and Microsoft announced a collaboration in January 2019 to redefine the customer experience using Kroger Technology products powered by Microsoft Azure, the retailer’s preferred cloud platform for Retail as a Service (RaaS).
    – To retain the data authenticity generated by retail industry (for instance, customer shopping data for personalization), move towards cloud and hence its security is of utmost importance.

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    Scope of the Report:

    Retailers want to enable a seamless customer experience and ensure staying away from the security breach headlines, hence, they are adopting cloud applications to balance efficiency and security. It helps them to maximize shareholder value, streamline their business operations, and effectively address customer expectations.

    Highlighted points of Cloud Security Market Report:

    • Varying dynamics of the Cloud Security industry.
    • Prospective changes in sales volumes and worldwide share growth in upcoming years
    • Cloud Security market report recognizes the key drivers of growth and challenges of the key industry players.
    • Competitors profiles along with product description, overview, and business data.
    • Complete analysis of market risks, opportunities, limitations, and growth of the market.
    • Market driving and restraining factors.
    • Delivers information on the historical and current market size and the future potential of the market.
    • Cloud Security market report provides comprehensive analysis of the market with respect to market dynamics, competitive analysis, and upcoming trends of market.

    Key Benefits of this Cloud Security Market report:

    • The Cloud Security market report provides a comprehensive analysis of the current trends and future estimations in the world mining equipment market to identify the potential investment pockets.
    • The Cloud Security market report presents information regarding key drivers, restraints, and opportunities with a detailed impact analysis.
    • Quantitative analysis of the current trends and forecasts to 2024 is provided to showcase the financial competency of the Cloud Security market.
    • Porter’s Five Force model of the industry and SWOT analysis illustrate the potency of the buyers & suppliers.
    • Value chain analysis provides a clear understanding of the roles of stakeholders involved.

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    Detailed TOC of Cloud Security Market Report:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Growing Threats of Cyber Attacks are Augmenting Market Growth
    4.4 Market Restraints
    4.4.1 Migration of Retail Processes from On-Premise to Cloud is a Major Challenge
    4.5 Value Chain Analysis
    4.6 Industry Attractiveness – Porter’s Five Force Analysis
    4.6.1 Threat of New Entrants
    4.6.2 Bargaining Power of Buyers/Consumers
    4.6.3 Bargaining Power of Suppliers
    4.6.4 Threat of Substitute Products
    4.6.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Solution
    5.1.1 Identity and Access Management
    5.1.2 Data Loss Prevention
    5.1.3 Intrusion Detection and Prevention
    5.1.4 Security Information and Event Management
    5.1.5 Encryption
    5.2 By Security
    5.2.1 Application Security
    5.2.2 Database Security
    5.2.3 Endpoint Security
    5.2.4 Network Security
    5.2.5 Web & Email Security
    5.3 By Deployment Mode
    5.3.1 Private
    5.3.2 Hybrid
    5.3.3 Public
    5.4 Geography
    5.4.1 North America
    5.4.2 Europe
    5.4.3 Asia-Pacific
    5.4.4 Latin America
    5.4.5 Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Trend Micro, Inc.
    6.1.2 Imperva, Inc.
    6.1.3 Symantec Corporation
    6.1.4 IBM Corporation
    6.1.5 Cisco Systems, Inc.
    6.1.6 Fortinet, Inc.
    6.1.7 Sophos, PLC
    6.1.8 Mcafee LLC
    6.1.9 Qualys, Inc.
    6.1.10 CA Technologies
    6.1.11 Check Point Software Technologies Ltd
    6.1.12 Computer Science Corporation (CSC)

    7 INVESTMENT ANALYSIS

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

    Contact Us:

    Name: Ajay More

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    Email: [email protected]

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