Market Overview:
The global cloud crowdsourced security market is expected to grow from USD 1.02 Billion in 2018 to USD 3.73 Billion by 2030, at a Compound Annual Growth Rate (CAGR) of 18.8% during the forecast period. The growth of this market can be attributed to the increasing adoption of cloud-based services, growing concerns about data breaches and cyber-attacks, and need for enhanced security solutions among organizations. Based on type, the global cloud crowdsourced security market is segmented into public cloud, private cloud, and hybrid cloud. The public cloud segment is expected to grow at a higher CAGR than the other segments during the forecast period.
Product Definition:
Cloud Crowdsourced Security is the process of utilizing a cloud-based service to manage and monitor enterprise security. The importance of Cloud Crowdsourced Security is that it provides a more comprehensive view of an organization's security posture, as well as allows for real-time threat monitoring and mitigation.
Public Cloud:
Public cloud is a type of cloud computing that offers shared resources, rather than allowing customers to lease dedicated servers and equipment. The term “public cloud” has been used for decades; however, it only gained widespread recognition after the emergence of Software as a Service (SaaS) and Infrastructure as a Service (IaaS).
Private Cloud:
Private cloud is a type of cloud computing that provides shared infrastructure and software environment for multiple organizations. It allows an organization to utilize a service provider's hardware resources and provide them with access to the company’s data, applications, and services. The service is provided on a pay-as-you-go basis; hence it reduces the need for large capital investments as well as incurs operational costs.
Application Insights:
The global market is segmented by application into fraud detection, risk management & compliance, network monitoring and optimization, backup as a service (BaaS), storage as a service (STaaS), disaster recovery as a service (DRaaS) and others. The risk management & compliance segment dominated the market in terms of revenue share in 2016. This can be attributed to the increasing need for managing various regulatory requirements such as SOX, PCI DSS and others. Furthermore, an increase in demand for handling large data volumes across multiple applications has led to an increased focus on cloud computing which subsequently boosted the growth of this segment over the forecast period.
The fraud detection & optimization application is expected to witness significant growth over the forecast period owing to its rising adoption across different industries such as financial services.
Regional Analysis:
North America dominated the global market in 2018 and is expected to maintain its position over the forecast period. The growth of this region can be attributed to increasing government regulations for data protection, rising awareness about cloud security, and high investments in developing new technologies. Moreover, North America has a large number of vendors offering their solutions based on GCS.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing outsourcing activities by various organizations in order to improve their IT infrastructure security measures. Furthermore, growing demand for improved infrastructure facilities due to increased business operations has led several organizations including medium-sized businesses and large enterprises into outsourcing services such as cloud computing thus driving regional market growth.
Growth Factors:
- Increased awareness of the cloud security risks and the need for better protection among businesses and consumers.
- Rapid growth in cloud adoption by businesses of all sizes.
- The increasing number of data breaches and cyber attacks, which is driving demand for cloud-based security solutions.
- The growing trend of Bring Your Own Device (BYOD) and the consequent increase in mobile device vulnerabilities that need to be addressed with security solutions5
Scope Of The Report
Report Attributes
Report Details
Report Title
Cloud Crowdsourced Security Market Research Report
By Type
Public Cloud, Private Cloud, Hybrid Cloud
By Application
Global Cloud Crowdsourced Security Market Share by Service: 2016 VS 2021 VS 2027, Backup as a Service (BaaS), Storage as a Service (STaaS), Disaster Recovery as a Service (DRaaS)
By Companies
IBM, Cisco Systems Inc., Amazon Web Services (AWS) Inc., Hewlett Packard Enterprise (HPE) Company, Dell EMC, Oracle Corporation, Asigra Inc., Veritas Technologies LLC, Quantum Corporation, Commvault Systems Inc, VMware Inc
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
177
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Cloud Crowdsourced Security Market Report Segments:
The global Cloud Crowdsourced Security market is segmented on the basis of:
Types
Public Cloud, Private Cloud, Hybrid Cloud
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Global Cloud Crowdsourced Security Market Share by Service: 2016 VS 2021 VS 2027, Backup as a Service (BaaS), Storage as a Service (STaaS), Disaster Recovery as a Service (DRaaS)
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- IBM
- Cisco Systems Inc.
- Amazon Web Services (AWS) Inc.
- Hewlett Packard Enterprise (HPE) Company
- Dell EMC
- Oracle Corporation
- Asigra Inc.
- Veritas Technologies LLC
- Quantum Corporation
- Commvault Systems Inc
- VMware Inc
Highlights of The Cloud Crowdsourced Security Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Public Cloud
- Private Cloud
- Hybrid Cloud
- By Application:
- Global Cloud Crowdsourced Security Market Share by Service: 2016 VS 2021 VS 2027
- Backup as a Service (BaaS)
- Storage as a Service (STaaS)
- Disaster Recovery as a Service (DRaaS)
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cloud Crowdsourced Security Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cloud Crowdsourced Security is a security model in which the security of data and applications is distributed among a large number of users. The cloud crowdsourcing model allows for rapid response to threats by leveraging the collective intelligence of the crowd.
Some of the key players operating in the cloud crowdsourced security market are IBM, Cisco Systems Inc., Amazon Web Services (AWS) Inc., Hewlett Packard Enterprise (HPE) Company, Dell EMC, Oracle Corporation, Asigra Inc., Veritas Technologies LLC, Quantum Corporation, Commvault Systems Inc, VMware Inc.
The cloud crowdsourced security market is expected to register a CAGR of 18.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cloud Crowdsourced Security Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cloud Crowdsourced Security Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cloud Crowdsourced Security Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cloud Crowdsourced Security Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cloud Crowdsourced Security Market Size & Forecast, 2020-2028
4.5.1 Cloud Crowdsourced Security Market Size and Y-o-Y Growth
4.5.2 Cloud Crowdsourced Security Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Public Cloud
5.2.2 Private Cloud
5.2.3 Hybrid Cloud
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Global Cloud Crowdsourced Security Market Share by Service: 2016 VS 2021 VS 2027
6.2.2 Backup as a Service (BaaS)
6.2.3 Storage as a Service (STaaS)
6.2.4 Disaster Recovery as a Service (DRaaS)
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cloud Crowdsourced Security Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cloud Crowdsourced Security Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Public Cloud
9.6.2 Private Cloud
9.6.3 Hybrid Cloud
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Global Cloud Crowdsourced Security Market Share by Service: 2016 VS 2021 VS 2027
9.10.2 Backup as a Service (BaaS)
9.10.3 Storage as a Service (STaaS)
9.10.4 Disaster Recovery as a Service (DRaaS)
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Public Cloud
10.6.2 Private Cloud
10.6.3 Hybrid Cloud
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Global Cloud Crowdsourced Security Market Share by Service: 2016 VS 2021 VS 2027
10.10.2 Backup as a Service (BaaS)
10.10.3 Storage as a Service (STaaS)
10.10.4 Disaster Recovery as a Service (DRaaS)
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Public Cloud
11.6.2 Private Cloud
11.6.3 Hybrid Cloud
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Global Cloud Crowdsourced Security Market Share by Service: 2016 VS 2021 VS 2027
11.10.2 Backup as a Service (BaaS)
11.10.3 Storage as a Service (STaaS)
11.10.4 Disaster Recovery as a Service (DRaaS)
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Public Cloud
12.6.2 Private Cloud
12.6.3 Hybrid Cloud
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Global Cloud Crowdsourced Security Market Share by Service: 2016 VS 2021 VS 2027
12.10.2 Backup as a Service (BaaS)
12.10.3 Storage as a Service (STaaS)
12.10.4 Disaster Recovery as a Service (DRaaS)
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Public Cloud
13.6.2 Private Cloud
13.6.3 Hybrid Cloud
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Global Cloud Crowdsourced Security Market Share by Service: 2016 VS 2021 VS 2027
13.10.2 Backup as a Service (BaaS)
13.10.3 Storage as a Service (STaaS)
13.10.4 Disaster Recovery as a Service (DRaaS)
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cloud Crowdsourced Security Market: Competitive Dashboard
14.2 Global Cloud Crowdsourced Security Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 IBM
14.3.2 Cisco Systems Inc.
14.3.3 Amazon Web Services (AWS) Inc.
14.3.4 Hewlett Packard Enterprise (HPE) Company
14.3.5 Dell EMC
14.3.6 Oracle Corporation
14.3.7 Asigra Inc.
14.3.8 Veritas Technologies LLC
14.3.9 Quantum Corporation
14.3.10 Commvault Systems Inc
14.3.11 VMware Inc
