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The global cloud security market to reach USD 12.64 billion by 2024LONDON, Nov. 16, 2017 /PRNewswire/ -- Cloud Security Market Size And Forecast, By Type [Cloud Identity & Access Management, Data Loss Prevention (log & SIEM), Email & Web Security, Cloud Database Security (Virtualization), Cloud Encryption, Network Security (Firewall)], By Deployment (Public, Private, Hybrid), By End User (Large Scale Enterprises, Small & Medium Scale Enterprises), By Vertical (Healthcare, BFSI, IT & Telecom, Government, Retail) And Trend Analysis, 2014 - 2024 Demand for safety solutions in government agencies, healthcare, e-commerce, insurance, and banking has been increasing as a result of rising incidence of cyber-attacks. Large scale enterprises are increasingly adopting cloud security services owing to frequent attacks on data centers. Small & medium scale enterprises are estimated to show considerable growth at a CAGR 35.1% over the forecast period as there is increased awareness of security threats. North America is the major revenue generator owing to advanced IT infrastructure and presence of a large number of cloud security providers in this region. European countries such as U.K., France and Germany are key user countries of these solutions. Asia Pacific is expected to witness a double-digit growth over the forecast period owing to increasing IT infrastructure. Cloud Security Alliance, a Non-Profit Organisation, was established in 2008 to promote best practices for safety in the space. The organization provides education for security in all forms of cloud services. Lack of awareness about security, inconsistent network connections in developing countries and lack of proper standards are restraining factors for cloud security market. Active companies in the market are adopting the strategy of merger & acquisition. For instance, in 2016, Symantec acquired Blue Coat to expand its operation in cybersecurity space. Download the full report: https://www.reportbuyer.com/product/5205094 About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers For more information: Sarah Smith Research Advisor at Reportbuyer.com Email: [email protected] Tel: +44 208 816 85 48 Website: www.reportbuyer.com View original content:http://www.prnewswire.com/news-releases/the-global-cloud-security-market-to-reach-usd-1264-billion-by-2024-300558185.html SOURCE ReportBuyer |