Market Overview:
The global cloud security in energy market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing adoption of cloud-based solutions by oil and gas companies for various applications such as asset management, field operations, and others. Additionally, the growing demand for secure and reliable communication networks across different industries is also fueling the growth of this market. The software as a service (SaaS) segment is expected to hold the largest share of the global cloud security in energy market during the forecast period. This can be attributed to its ability to provide enhanced security features along with easy deployment and scalability options. The platform as a service (PaaS) segment is projected to grow at a higher CAGR than other segments during the forecast period owing to its ability help organizations reduce their total cost of ownership (TCO).
Product Definition:
Cloud Security in Energy is the security of data and systems that are used in energy production, distribution, and consumption. Cloud Security in Energy is important because it helps protect the systems that are used to produce, distribute, and consume energy.
Software as a Service:
Software as a Service (SaaS) is a model in which the software is delivered to the customer through a service channel. The delivery can be done over the internet, where it can be accessed from any location. In SaaS, there is no need for an on-premise installation of software; hence it reduces costs and increases flexibility for end-users.
The primary benefit offered by SaaS includes increased operational efficiency.
Platform as a Service:
Platform as a Service (PaaS) is an infrastructure-as-a-service model that delivers both the hardware and software environment needed to deploy and run applications. It includes cloud storage, application platform, database processing, middleware, messaging system etc. PaaS eliminates the need for users to manage their own IT infrastructure; instead it provides them with all they need in terms of technology stack along with prebuilt functionalities.
Application Insights:
The oil and gas application segment accounted for the largest revenue share of over 40% in 2017. The growth can be attributed to the increasing demand for cloud security solutions from upstream oil & gas companies to their downstream counterparts. For instance, E&P companies are using SaaS-based applications to manage exploration activities such as geology, drilling and logistics among others.
The power generation segment is expected to witness significant growth over the forecast period owing to growing concerns regarding cyberattacks on energy infrastructure systems that control electricity grids across numerous countries. Cloud security helps power generators improve business efficiency by reducing costs associated with IT infrastructure protection against external threats including malware, viruses & hackers while also enabling enhanced control over system operations.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of key industry players and increased adoption of cloud-based technologies. The region is expected to maintain its dominance over the forecast period, with a CAGR of XX%. This can be attributed to various factors such as increasing government regulations for data protection and security, growing demand for energy across industries, and rising awareness about cyber threats.
Asia Pacific is projected to witness significant growth over the next eight years due to increasing investments in infrastructure development along with rapid industrialization in emerging economies such as China and India. Furthermore, countries like Australia are also anticipated to contribute significantly towards regional growth owing high penetration rates for cloud services among SMEs there. Increasing spending on IT infrastructure has led major service providers such as IBM Corporation; Google LLC; Microsoft Corporation; Hewlett Packard Enterprise Development LP; Cisco Systems Inc.; Oracle Corporation; Amazon Web Services LLC.; Fujitsu Ltd.; NTT Data Americas Inc.; Hitachi, Ltd.
Growth Factors:
- Increased demand for cloud-based security solutions from energy sector as organizations move towards digitization and automation.
- Proliferation of connected devices and the Internet of Things (IoT) in energy sector is leading to increased vulnerability to cyber-attacks, which is driving the need for cloud security solutions.
- Growing concerns over data privacy and protection in the energy sector is also fueling the demand for cloud security solutions.
- Rapid adoption of big data and analytics by energy companies is resulting in large volumes of sensitive data being stored in the cloud, making it a prime target for cyber-attacks, thus increasing the need for robust cloud security solutions.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cloud Security in Energy Market Research Report
By Type
Software as a Service, Platform as a Service, Others
By Application
Oil, Gas, Others
By Companies
Trend Micro, CA Technologies, McAfee, IBM, CipherCloud, Gemalto, Microsoft, Dell, HPE, Cisco, Panda Security
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
224
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Cloud Security in Energy Market Report Segments:
The global Cloud Security in Energy market is segmented on the basis of:
Types
Software as a Service, Platform as a Service, Others
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
Oil, Gas, Others
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:
- Trend Micro
- CA Technologies
- McAfee
- IBM
- CipherCloud
- Gemalto
- Microsoft
- Dell
- HPE
- Cisco
- Panda Security
Highlights of The Cloud Security in Energy 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:
- Software as a Service
- Platform as a Service
- Others
- By Application:
- Oil
- Gas
- Others
- 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 Security in Energy 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 security in energy refers to the process of protecting data and applications from unauthorized access, use, or disclosure. Cloud security can help organizations reduce costs associated with data storage and processing, while also improving efficiency and agility.
Some of the major players in the cloud security in energy market are Trend Micro, CA Technologies, McAfee, IBM, CipherCloud, Gemalto, Microsoft, Dell, HPE, Cisco, Panda Security.
The cloud security in energy market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cloud Security in Energy 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 Security in Energy Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Cloud Security in Energy 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 Security in Energy 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 Security in Energy Market Size & Forecast, 2018-2028 4.5.1 Cloud Security in Energy Market Size and Y-o-Y Growth 4.5.2 Cloud Security in Energy Market Absolute $ Opportunity
Chapter 5 Global Cloud Security in Energy 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 Cloud Security in Energy Market Size Forecast by Type
5.2.1 Software as a Service
5.2.2 Platform as a Service
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cloud Security in Energy 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 Cloud Security in Energy Market Size Forecast by Applications
6.2.1 Oil
6.2.2 Gas
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cloud Security in Energy 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 Security in Energy 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 Cloud Security in Energy Analysis and Forecast
9.1 Introduction
9.2 North America Cloud Security in Energy 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 Cloud Security in Energy Market Size Forecast by Type
9.6.1 Software as a Service
9.6.2 Platform as a Service
9.6.3 Others
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 Cloud Security in Energy Market Size Forecast by Applications
9.10.1 Oil
9.10.2 Gas
9.10.3 Others
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 Cloud Security in Energy Analysis and Forecast
10.1 Introduction
10.2 Europe Cloud Security in Energy 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 Cloud Security in Energy Market Size Forecast by Type
10.6.1 Software as a Service
10.6.2 Platform as a Service
10.6.3 Others
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 Cloud Security in Energy Market Size Forecast by Applications
10.10.1 Oil
10.10.2 Gas
10.10.3 Others
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 Cloud Security in Energy Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cloud Security in Energy 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 Cloud Security in Energy Market Size Forecast by Type
11.6.1 Software as a Service
11.6.2 Platform as a Service
11.6.3 Others
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 Cloud Security in Energy Market Size Forecast by Applications
11.10.1 Oil
11.10.2 Gas
11.10.3 Others
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 Cloud Security in Energy Analysis and Forecast
12.1 Introduction
12.2 Latin America Cloud Security in Energy 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 Cloud Security in Energy Market Size Forecast by Type
12.6.1 Software as a Service
12.6.2 Platform as a Service
12.6.3 Others
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 Cloud Security in Energy Market Size Forecast by Applications
12.10.1 Oil
12.10.2 Gas
12.10.3 Others
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) Cloud Security in Energy Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cloud Security in Energy 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) Cloud Security in Energy Market Size Forecast by Type
13.6.1 Software as a Service
13.6.2 Platform as a Service
13.6.3 Others
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) Cloud Security in Energy Market Size Forecast by Applications
13.10.1 Oil
13.10.2 Gas
13.10.3 Others
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 Security in Energy Market: Competitive Dashboard
14.2 Global Cloud Security in Energy Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Trend Micro
14.3.2 CA Technologies
14.3.3 McAfee
14.3.4 IBM
14.3.5 CipherCloud
14.3.6 Gemalto
14.3.7 Microsoft
14.3.8 Dell
14.3.9 HPE
14.3.10 Cisco
14.3.11 Panda Security