Cloud Workload Protection Market Research Report by Forecast to 2023
Cloud Workload Protection Market
Research Report By Forecast to 2023
Industry Survey, Growth, Competitive Landscape
and Forecasts to 2023
PREPARED BY
Market Research Future
(Part of Wantstats Research & Media Pvt. Ltd.)
Cloud Workload Protection Market
The current report by Market Research Future (MRFR) asserts that the global cloud workload protection market 2020 is poised to
acquire a substantial market valuation of USD 6.89 billion by 2024 at a moderate 22.4% CAGR over the review period.
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Cloud Workload Protection Market
“Taste the market data and market information presented through more than 50 market data tables
and figures spread in 100 numbers of pages of the project report. Avail the in-depth table of content
TOC & market synopsis on Internet of Cloud Workload Protection Market Forecast To 2023”
The global market for cloud workload protection is driven by the need for securing public cloud workloads, reduce risks, and increase
cost savings is another factor promoting the market for cloud workload protection solutions and services. Rising demand for
Cloud Workload Protection Market and services from banking, financial services, and insurance (BFSI) verticals provides profitable
opportunities to the key players in the global market. Along with this, the growing adoption of a multi-cloud strategy among enterprises
is another reason enhancing market growth. On the other hand, inadequate technical expertise to handle complex and distributed cloud
workload is a challenge for this market. Additionally, the multiple regulatory compliance issues are a matter of concern and act as a
limitation to this market. Moreover, issues related to numerous regulatory compliances are expected to limit market growth over the
review period.
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Cloud Workload Protection Market
Regional Analysis
The geographical overview global market has been conducted in four major regions, namely the Asia Pacific, North America, Europe, and
the rest of the world (including Latin America and the Middle East and Africa).
North America is estimated to be the largest market owing to the rising number of cyber-attacks and the increased financial losses linked
with it. The growing adoption of cloud-based services and swift digital transformation among enterprises in significant economies,
coupled with growing demand mainly from the BFSI vertical, can offer lucrative opportunities for cloud workload protection providers in
the market.
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Cloud Workload Protection Market
Application & Major Players in this Research:
Cloud Workload Protection Market Prominent Players:
• CLOUDPASSAGE (US),
• DOME9 SECURITY INC. (Israel),
• HYTRUST, INC. (US),
• LogRhythm, Inc. (US),
• Tripwire (US),
• Trend Micro Incorporated (Japan),
• McAfee, Inc. (US),
• Symantec Corporation (US),
• Sophos Ltd. (UK)
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Cloud Workload Protection Market
Cloud Workload Protection Market Segmented on the basis of
Segment:
The global workload protection market has been segmented based on component, organization size, deployment, vertical, and
region/country.
• Based on the component, the global workload protection market has been bifurcated into solutions and services. The
solutions segment has been characterized into monitoring and logging, vulnerability assessment, policy and compliance
management, threat detection and incident response, and others. The services segment has been classified into support and
maintenance, training, consulting, and integration, and managed services. The monitoring and logging segment is anticipated to
have the largest market share among all the solutions in 2018. This is due to the monitoring and logging solutions have
consolidated visibility and control over high-volume cloud workloads, and the need for it is increasing.
• Based on organization size, the global cloud workload protection market has been bifurcated into small- and medium-
sized enterprises (SME) and large enterprise. The large enterprises segment is anticipated to have a larger market size over the
review period whereas, SMEs are slated to grow with higher CAGR.
• ON the basis of the deployment model, the global workload protection market has been divided into the private cloud,
hybrid cloud and public cloud. The hybrid cloud segment is poised to grow with higher CAGR over the review period, and the
public cloud segment witnessed the largest share in 2018.
• Based on the vertical, the global workload protection market has been segmented into IT and telecommunication
banking, financial services, and insurance (BFSI), government and public sector, energy and utilities, healthcare and life sciences,
retail and consumer goods, media and entertainment, manufacturing and others. The IT and telecom and BFSI verticals are
projected to grow with the higher CAGRs as related to the other verticals through the prognosis period.
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