Global Cloud Security Market to grow at a CAGR of 20.91% during the period 2016 - 2020; Finds New Report

Report forecast the global cloud security market to grow at a CAGR of 20.91% during the period 2016-2020.

A cloud security solution is a stand-alone solution or a suite of products that provides security to cloud-based services or cloud computing architectures. A typical cloud security solution offers features like encryption, IAM, endpoint monitoring, vulnerability scanning, intrusion detection, and application and messaging security. It helps protect cloud content from unauthorized access and data theft.

The report covers the present scenario and the growth prospects of global cloud security market for the period 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of cloud security solutions.

The market is divided into the following segments based on geography:

• Americas
• APAC
• EMEA

According to the report, one of the major driving factor of the global cloud security market is reduced ownership cost. For traditional on-site security software, the TCO includes a high upfront software license cost and software implementation cost coupled with a high maintenance cost. In the case of cloud security, cloud vendors are responsible for the implementation, maintenance, updates, and backup of software, thereby reducing the need for internal IT administration.

Further, the report states that concerns over critical data security hinders the market growth.

Global Cloud Security Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Cloud Security Market: Cisco Systems, IBM, Intel (McAfee), Symantec and Trend Micro.

Other Prominent Vendors in the market are: CA Technologies, Check Point Software Technologies, CipherCloud, Clearswift, CloudPassage, CSC, Dell Secure Works, Fortinet, Microsoft, Netskope, Okta, SafeNet, Sophos, Symplified and Zscaler.

Market driver

• Reduced ownership cost
• For a full, detailed list, view our report

Market challenge

• Concerns over critical data security
• For a full, detailed list, view our report

Market trend

• Emergence of Identity as a Service
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 51 pages and 15 Exhibit “Global Cloud Security Market 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Market description, Life cycle analysis, Market segmentation by solutions, Geographical segmentation, Buying criteria, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Key vendor analysis, Appendix.

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