Market Overview:
The global cloud workload security market is expected to grow from USD 2.02 billion in 2018 to USD 6.72 billion by 2030, at a CAGR of 16.5% 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 cyberattacks, and need for compliance with government regulations. Based on type, the public cloud segment is expected to account for the largest share of the global cloud workload security market in 2018. The large share of this segment can be attributed to the increasing demand for public cloud services due to their low cost and easy accessibility.
Product Definition:
Cloud workload security is the practice of protecting cloud-based applications and data. The importance of cloud workload security is that it helps to ensure the privacy, confidentiality, and integrity of data.
Public Cloud:
Public cloud is a group of services that are provided by the providers to the customers over the internet. The major difference between public cloud and private cloud is that in private clouds, data and applications are stored on-premises while in case of public clouds they are stored at different physical locations.
The major advantage associated with using public cloud includes cost effectiveness as compared to its alternatives such as private or hybrid clouds.
Private Cloud:
Private cloud is a type of cloud computing that offers its own infrastructure and is operated either by an individual or an organization. It has its own dedicated servers, networking, storage and applications. Private clouds are usually used for specific tasks such as e-commerce or data analytics which require high security. The major advantage of using private cloud over public one is that it provides more control over data privacy and security issues.
Application Insights:
The application segment has been further categorized into banking, financial services, and insurance (BFSI), IT & telecom, manufacturing, travel & hospitality, healthcare and others. The BFSI sector is expected to emerge as a dominant market force over the forecast period. This can be attributed to the increasing need for managing growing volumes of digital data that are at risk of getting stolen or misplaced if not secured properly.
Cloud workload security solutions help in protecting business applications from cyberattacks by providing robust security features such as authentication and authorization which helps in monitoring user activity across different systems. These solutions also offer policy management features that enable granular control over users¢â‚¬â„¢ access to critical applications through identity-based policies. The growing demand for real-time communication apps such as chatbots is expected to drive the adoption of SaaS model among internet service providers (ISPs) which in turn will fuel market growth during the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to several factors such as rapid technological advancements, increasing adoption of digital services and solutions, and rising demand for high-security measures by various government agencies. Moreover, presence of major players in this region is also expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to increasing investments by prominent companies for deploying cloud-based applications due to benefits such as improved security measures and cost savings offered by cloud providers. Furthermore, growing awareness among end users regarding benefits offered by cloud providers will propel regional demand further. Additionally, favorable regulatory frameworks are also expected drive regional market development during the forecast period (2018 - 2030).
Growth Factors:
- Increased awareness of data security and privacy issues, especially in the wake of high-profile cyber attacks and leaks.
- Rapid growth of cloud computing, big data, and IoT workloads, which are creating new security challenges for businesses.
- Regulatory compliance requirements for protecting sensitive data, such as GDPR in Europe and HIPAA in the US.
- The increasing use of cloud services by small businesses and startups, who may be less aware of the security risks involved.
- The growing popularity of DevOps and agile software development methodologies, which can create new vulnerabilities if not properly managed
Scope Of The Report
Report Attributes
Report Details
Report Title
Cloud Workload Security Market Research Report
By Type
Public Cloud, Private Cloud, Hybrid Cloud
By Application
BFSI, IT &Telecom, Manufacturing, Travel &Hospitality, Healthcare, Other
By Companies
McAfee, IBM Corporation, Trend Micro, Tripwire, VMware, Microsoft Corporation, Aqua 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
186
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Cloud Workload Security Market Report Segments:
The global Cloud Workload 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
BFSI, IT &Telecom, Manufacturing, Travel &Hospitality, Healthcare, Other
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:
- McAfee
- IBM Corporation
- Trend Micro
- Tripwire
- VMware
- Microsoft Corporation
- Aqua Security
Highlights of The Cloud Workload 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:
- BFSI
- IT &Telecom
- Manufacturing
- Travel &Hospitality
- Healthcare
- Other
- 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 Workload 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 workload security is a term used to describe the process of protecting cloud-based applications and data from unauthorized access. Cloud workload security can be achieved through a variety of methods, including authentication and authorization, data encryption, and secure communication channels.
Some of the major players in the cloud workload security market are McAfee, IBM Corporation, Trend Micro, Tripwire, VMware, Microsoft Corporation, Aqua Security.
The cloud workload security market is expected to register a CAGR of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cloud Workload 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 Workload Security Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cloud Workload 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 Workload 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 Workload Security Market Size & Forecast, 2018-2028
4.5.1 Cloud Workload Security Market Size and Y-o-Y Growth
4.5.2 Cloud Workload Security Market Absolute $ Opportunity
Chapter 5 Global Cloud Workload Security 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 Workload Security 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 Cloud Workload Security 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 Workload Security Market Size Forecast by Applications
6.2.1 BFSI
6.2.2 IT &Telecom
6.2.3 Manufacturing
6.2.4 Travel &Hospitality
6.2.5 Healthcare
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cloud Workload 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 Workload 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 Cloud Workload Security Analysis and Forecast
9.1 Introduction
9.2 North America Cloud Workload Security 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 Workload Security 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 Cloud Workload Security Market Size Forecast by Applications
9.10.1 BFSI
9.10.2 IT &Telecom
9.10.3 Manufacturing
9.10.4 Travel &Hospitality
9.10.5 Healthcare
9.10.6 Other
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 Workload Security Analysis and Forecast
10.1 Introduction
10.2 Europe Cloud Workload Security 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 Workload Security 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 Cloud Workload Security Market Size Forecast by Applications
10.10.1 BFSI
10.10.2 IT &Telecom
10.10.3 Manufacturing
10.10.4 Travel &Hospitality
10.10.5 Healthcare
10.10.6 Other
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 Workload Security Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cloud Workload Security 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 Workload Security 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 Cloud Workload Security Market Size Forecast by Applications
11.10.1 BFSI
11.10.2 IT &Telecom
11.10.3 Manufacturing
11.10.4 Travel &Hospitality
11.10.5 Healthcare
11.10.6 Other
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 Workload Security Analysis and Forecast
12.1 Introduction
12.2 Latin America Cloud Workload Security 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 Workload Security 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 Cloud Workload Security Market Size Forecast by Applications
12.10.1 BFSI
12.10.2 IT &Telecom
12.10.3 Manufacturing
12.10.4 Travel &Hospitality
12.10.5 Healthcare
12.10.6 Other
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 Workload Security Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cloud Workload Security 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 Workload Security 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) Cloud Workload Security Market Size Forecast by Applications
13.10.1 BFSI
13.10.2 IT &Telecom
13.10.3 Manufacturing
13.10.4 Travel &Hospitality
13.10.5 Healthcare
13.10.6 Other
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 Workload Security Market: Competitive Dashboard
14.2 Global Cloud Workload Security Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 McAfee
14.3.2 IBM Corporation
14.3.3 Trend Micro
14.3.4 Tripwire
14.3.5 VMware
14.3.6 Microsoft Corporation
14.3.7 Aqua Security
