Cloud Security Posture Management Market Research Report Size growth & Forecast– 2022-2029

The Cloud Security Posture Management (CPSM) Market is predicted to grow at a CAGR of 16.1% over the forecast period (2022-2029).

The factors driving growth of the Cloud Security Posture Management (CPSM) Market includes rising incidences of data breaches around the world, growing focus by companies on reducing risks related to cloud infrastructure, integration of DevSecOps and threat intelligence features in cloud security posture management solutions and improvements in the living standards. Moreover, migration of legacy data center processes to cloud environment, growing adoption of advanced technologies, increase in the launch of innovative products and rapid urbanization, are some of the additional factors supplementing the Cloud Security Posture Management Market size. In addition, the increasing investments by major companies on research and development, rising population growth rates and growing population growth rates, are further contributing towards the market growth. 

 However, growth of the Cloud Security Posture Management (CPSM) Market is hindered due to inadequate availability of skilled workforce. 

The leading players operating in the market are McAfee Corporation, Forcepoint, FireEye, IBM Corporation, VMware Inc., Microsoft Corporation, Zscaler, CISCO Systems, CheckPoint Software Technologies Pvt. Ltd., and Atos, among others.

Based on Cloud Model, the Software as a Service (SaaS) segment is predicted to grow at a significant CAGR during the forecast period

The Software as a Service (SaaS) solutions are easy to deploy, aids in meeting compliances and industry regulations and prevents from malwares, are some of the features pushing growth of the segment.

Based on Vertical, the Healthcare segment is projected to expand at a remarkable CAGR over the forecast period

Cloud security posture management solutions helps in meeting security compliance and growing number of cyber-attacks in healthcare institutions, are propelling segment’s growth.

Based on Region, the North American region is anticipated to capture the largest market share during the forecast period

Presence of the leading players such as, IBM Corporation., Microsoft Corporation, and CISCO Systems, increasing number of cyberattacks across United States and Canada, rapid industrialization, rising population growth rates and high per capita incomes, are some of the important factors augmenting the market growth in the North American region.

Key Development

  • In 2020, Zscaler completed the acquisition of Cloudneeti, a CSPM company to reduce risk by identifying mitigating compliance and data exposure policy violations. This will improve cloud security by discovering and reducing the data breaches and compliance violations.

Market Segmentation

Segmentation by Component

  • Solutions
  • Services

Segmentation by Cloud Model

  • Infrastructure as a Service (IaaS)
  • Software as a Service (SaaS)

Segmentation by Vertical

  • Banking, Financial, and Insurance Services
  • Healthcare
  • Retail and Trade
  • Education
  • IT and Telecommunications
  • Public Sector
  • Others

Segmentation by Region

  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC
  • North America
    • United States of America
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Rest of Europe
  • RoW
    • Brazil
    • South Africa
    • Saudi Arabia
    • UAE

About GMI Research

GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.

Media Contact
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Phone: Europe – +353 1 442 8820; US – +1 860 881 2270
Address: Dublin, Ireland

Publicado en Technology en febrero 04 at 07:34
Comentarios (0)
No login
Inicie sesión o regístrese para enviar su comentario
Cookies on De Gente Vakana.
This site uses cookies to store your information on your computer.