Cloud Security Posture Management Market -Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020 - 2030
The cloud security posture management market is expected to grow steadily in 2021, over 2020. Owing to the security of data, adoption is likely to witness a spike, fuelled by acceleration induced by COVID-19 scenario.
Cloud security posture management also known as cloud infrastructure security posture assessment is a group of security tools that are required for compliance monitoring, DevOps integration, incident response and risk visualisation. These services are installed to protect applications, data, endpoints, etc. by checking their respective configurations, policy and standard regulations.
Finding misconfigured network connectivity
Recorded data is always there at cloud at risk of hacking. Prevalence of cyber-attacks, misconfigured systems such as server workloads and cloud services can lead to attack data assets and business operations. With CSPM, misconfigured data can be addressed easily.
It scans your misconfiguration and improper settings which can make data accessible and vulnerable for exploitation. Therefore, need of checking if the data is misconfigured or not continues to be a key adoption factor.
Remediation capabilities in CSPM leading the growth
Remediation refers that CSPM can drive faster iterative change across workloads and environments that what could be done manually. Automatic tools of CSPM work on issues with no or minimal human intervention and thus provide tremendous value for security in big companies. Prevalence of automation is a key growth prospect for significant market growth.
Cybercrimes and insufficient management
There are some significant issues while dealing with cloud computing owing to impacting the identity, credential and access management. Also, Cybercrime in the world can be contained but for eradicating it completely we need laws.
CSPM can provide security but lack of awareness regarding cyber-crimes among SME owners can hamper the growth of the market. As per the sources, by 2022, 95% of cyber-crimes will happen due to carelessness and lack of awareness among customers.
Competitive Landscape
Prominent players in the cloud security posture management comprise of:
Recent developments in the cloud security sector include:
Regional Outlook
Asia-Pacific is expected to register the highest growth in cloud security management during the forecast period. Growth in emerging technologies such as IOT, big data analytics, and artificial intelligence deployed majorly in the region is a key growth prospect. Adaption of cloud based solutions by SMEs is increasing the customer base in the region.
North America is also one of the largest markets for cloud security management. Along with the rising number of start-ups which prefer cloud security a major requirement leading to its rapid adoption. “International Telecommunication Union” reports North America as a proactive and a country which is committed towards cyber security. Major adoption is seen in the BFSI sector to prevent credit card frauds and data breaches.
Cloud Security Posture Management-Segmentation
By Component
By Cloud Model
By Vertical
By Region
US, UK, Germany, France, Japan, and South Korea are among the leading markets for cloud security posture management.
Zscalar (US), CipherCloud (US), Aqua Security (US), LoginRadius are some of the prominent vendors for cloud security posture management.
Prevalence in data breaching, hacking and data modification is boosting the adoption as data security has become the primary concern globally.
Services segment is expected to witness princely growth as its target is training and developing expertise.
The reports at TMR Research provide qualitative solutions that break the barriers of doubt or uncertainties when the stakeholders plan to expand their growth reach. The researchers compile the necessary information that enlightens the CXOs about the current growth opportunities in a specific market and enables them to make the most of the opportunities.
TMR Research is a leader in developing well-researched reports. The expertise of the researchers at TMR Research makes the report stand out from others. TMR Research reports help the stakeholders and CXOs make impactful decisions through a unique blend of innovation and analytical thinking. The use of innovation and analytical thinking while structuring a report assures complete and ideal information of the current status of the market to the stakeholders.
TMR Research has rich experience in developing state-of-the-art reports for a wide array of markets and sectors. The brilliance of the experts at TMR Research and their alacrity to conduct thorough research and create phenomenal reports makes TMR Research better than others.
5-Point Growth Formula
The 5-point growth formula developed by TMR Research provides an insight to the stakeholders and CXOs about the current situation in the market. The growth formula makes the report a perfect companion for the stakeholders and CXOs.
The 5-point growth formula includes the following points:
Current and Future Threats
Along with studying the opportunities necessary for growth, threats are also an important aspect to look upon for the companies and stakeholders in a specific sector. TMR Research studies every negative aspect that will hinder the growth of a specific area of business and includes it in the report. The stakeholders and CXOs will have the benefit of assessing the threat and take the necessary steps to prevent the hindrance caused due to the threats.
Accurate Trend Analysis
Keeping up with the latest trends is crucial in any business or sector. While stakeholders are aware of the trends that are on the surface, TMR Researchers find trends that are deeply entrenched in the particular market or sector. The reports are constantly updated with the latest trends so that the stakeholders and CXOs can derive benefits from the trends and generate good revenues.
Regional Assessment
Demography forms an important part of the growth pattern of all the markets. Diving deep into the demographics enables maximum output from specific areas. The TMR Research team assesses every region and picks out the vital points that have a large impact on the growth of a market.
Industrial Analogy
The analysts at TMR Research conduct an all-round analysis on the competitive landscape of the market. The observations recorded by the analysts are added to the reports so that every stakeholder gets a glimpse of the competitive scenario and frame their business plans according to the situation.
COVID-19 Impact
The COVID-19 outbreak has changed the growth projections of numerous sectors and businesses. The analysts at TMR Research have conducted a conscientious survey on the markets after the pandemic struck. The analysts have put forth their brilliant and well-researched opinions in the report. The opinions will help the stakeholders to plan their strategy accordingly.
The reports offer answers to the top 7 questions that revolve around the growth of the market
Flat 10% discount on Single User License if you prebook this report
Flat 10% discount on Multiple User License if you prebook this report
Flat 10% discount on Corporate License if you prebook this report