Global Cloud Security Market Size is Expected to Reach 8.9 Billion US$ with a CAGR of 23.5% During the Forecast Period 2015-2020 - Valuates Reports™
Growing adoption of cloud services by large and medium-sized companies and increased demand for managed security services generate ample opportunities for cloud security market players.
- Growing adoption of cloud services by large and medium-sized companies and increased demand for managed security services generate ample opportunities for cloud security market players.
- Trends Influencing The Cloud Security Market Share:
Region Wise Cloud Security Market Analysis:
The cloud security market is expected to dominate North America as it has highly trained professionals with strong technical expertise to work on cloud computing and resolve security issues related to the use of on-cloud servers. - Increasing number of internet users and growing adoption of cloud services are the key impacting factors for adoption of cloud security solutions.
- An increasing number of cyber-attacks due to an upsurge in digitalization is one of the driving factors of the cloud security market.