Search reports.
Cloud Security Posture Management Market Size & Share | 2031
Get free sample report Request for Customiztion Buy Now

Cloud Security Posture Management Market Size & Share | 2031

Segments - Cloud Security Posture Management Market by Cloud Models (SaaS, IaaS, and PaaS), Components (Services and Solutions), End-users (Healthcare, IT & Telecommunication, BFSI, Retail & E-commerce, Education, and Government), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

https://growthmarketreports.com/Raksha
Author : Raksha Sharma
https://growthmarketreports.com/Vaibhav
Fact-checked by : V. Chandola
https://growthmarketreports.com/Shruti
Editor : Shruti Bhat

Upcoming | Report ID :ICT-SE-4124 | 4.9 Rating | 57 Reviews | 196 Pages | Format : PDF Excel PPT

Report Description


The global cloud security posture management market size was valued at USD 4.14 Billion in 2022 and is expected to surpass USD 14.68 Billion by 2031, expanding at a CAGR of 15.1% during the forecast period, 2023–2031. The growth of the market is attributed to the wide occurrence of malware attacks due to increasing adoption of cloud-computing platforms and wide acceptance of digital business automation.

Cloud security posture management (CSPM) refers to the implementation of a range of software and services applications that are primarily designed to build a strong security network in various cloud platforms. It provides a robust cybersecurity system that can protect a cloud platform from various malicious threats and offers a secured network environment for various cloud-based users.

Cloud Security Posture Management Market Outlook

CSPM basically allows automatic response to any security threat present in the cloud platform, easy identification of the involved risks, and offers effective solutions or remediations to address the risks across the platforms.

It provides automated and continuous monitoring of cloud-based applications that allow organizations to protect their business data, devices, and networks from security threats including data breaches, malware, spyware attacks, compromised network, and network performance attacks.

One key aspect of the CSPM application is that the IT security tools allow users to adhere to security compliance standards and prevent network misconfigurations before exposing the network to the public internet.

As per the 2021 study published by Gartner research, nearly 50% of organizations faced the consequence of network misconfiguration due to the wrongly introduction of their cloud-based services such as Infrastructure as a Service (IaaS) and its network applications directly exposed to the public internet.

The study further stated that the network misconfiguration was responsible for around 95% of all security breaches, which ended up companies costing nearly USD 5 trillion in the years between 2018 and 2019 alone.

The outbreak of the COVID-19 pandemic had opened up several opportunities for the rapid expansion of the market as companies had to undergo a massive digital transformation of their operations. With the emergency lockdown imposed by governments across the globe, corporate companies had to rely on digital platforms to continue their normal operations and allow proper communication with their employees, who were working from home.

Several global reports showed that the occurrence of high cybercrimes and misconfiguration of cloud-based platforms were closely linked to the wide expanse of digital footprint by corporate organizations during the pandemic.

  • Rising occurrence of cloud platform configuration errors, frequent events of cyberattacks, and increasing number of data breaches through spyware attacks are key factors boosting the market.

  • Rapid access to cloud-computing networks by companies for better operation management and expansion of business operations present other drivers of the market.

  • Availability of cost-effective IT infrastructure and cloud-based platforms for safe data storage from malware attacks are expected to boost the market during the forecast period.

  • Lack of commercialization of cloud-based computing networks and the absence of high skilled expertise for service operations are the main challenges that can hinder the market growth.

  • Technological advancements and massive R&D investment for developing advanced threat intelligence solutions for cloud security are likely to offer immense growth opportunities for the market.

Scope of Cloud Security Posture Management Market Report

The report on the global cloud security posture management market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Cloud Security Posture Management Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Cloud Models (SaaS, IaaS, and PaaS), Components (Services and Solutions), and End-users (Healthcare, IT & Telecommunication, BFSI, Retail & E-commerce, Education, and Government)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

International Business Machines Corporation; Microsoft Corporation; Oracle Corporation; Cisco Systems; Fujitsu Ltd; Palo Alto Networks, Inc.; VMware, Inc.; DivvyCloud Corporation; Check Point Software Technologies; Atos SE; Arctic Wolf Networks; CrowdStrike Holdings, Inc.; Sysdig, Inc; FireMon, LLC; Trend Micro, Inc.; OpsCompass; Aqua Security; Radware Ltd; Adaptive Shield; and Qualys, Inc.

Cloud Security Posture Management Market Segment Insights

Cloud Models Segment Analysis

Based on cloud models, the global cloud security posture management market is divided into SaaS, IaaS, and PaaS. The Software as a Service (SaaS) segment accounted for a key market share in 2021 and is expected to expand at a rapid pace during the forecast period owing to wide adoption of the model for web monitoring and high integration of SaaS into cyber security solutions for cloud platforms.

Wide popularity of SaaS applications including Microsoft 365 and Salesforce in minimizing risky network configurations and aiding regulation compliance presents another key driver of the segment. The SaaS-based cloud security solutions are presently offered by limited-service providers or companies such as Adaptive Shield and AppOmni.

Cloud Security Posture Management Market Cloud Models

Components Segment Analysis

On the basis of components, the market is bifurcated into services and solutions. The solution segment held a major market share in 2021 and is anticipated to hold a key share of the market in the coming years owing to the high availability of software solutions to easily detect and prevent misconfigurations of a cloud network.

Rising integration of advanced technology such as Artificial Intelligence (AI) and increasing effective handling of cyberthreats in advance is further likely to fuel the segment.

End-users Segment Analysis

On the basis of end-users, the market is segregated into healthcare, IT & telecommunication, BFSI, retail & e-commerce, education, and government. The healthcare segment is projected to register a considerable CAGR during the forecast period due to increasing use of cloud platforms for storing a large volume of patient data, easy accessibility to platforms, and rapid implementation of mobile healthcare devices. Moreover, rising spending on advanced healthcare management solutions presents a major driver of the segment.

Cloud Security Posture Management Market End Users

Regional Analysis

In terms of regions, the global cloud security posture management market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa.

North America is expected to constitute a key share of the market during the projected period due to the presence of key global players such as Microsoft, Palo Alto Networks, and IBM as well as wide acceptance of cloud-based platforms among business organizations in the region. Moreover, increasing spending on technological upgrades for the effective handling of business operations further boosts the regional market.

Cloud Security Posture Management Market Region

Segments

The global cloud security posture management market has been segmented on the basis of

Cloud Models

  • SaaS
  • IaaS
  • PaaS

Components

  • Services
  • Solutions

End-users

  • Healthcare
  • IT & Telecommunication
  • BFSI
  • Retail & E-commerce
  • Education
  • Government

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • International Business Machines Corporation
  • Microsoft Corporation
  • Oracle Corporation
  • Cisco Systems
  • Fujitsu Ltd
  • Palo Alto Networks, Inc.
  • VMware, Inc.
  • DivvyCloud Corporation
  • Check Point Software Technologies
  • Atos SE
  • Arctic Wolf Networks
  • CrowdStrike Holdings, Inc.
  • Sysdig, Inc.
  • FireMon, LLC
  • Trend Micro, Inc.
  • OpsCompass
  • Aqua Security
  • Radware Ltd
  • Adaptive Shield 
  • Qualys, Inc.

Competitive Landscape

Key players competing in the global cloud security posture management market are International Business Machines Corporation; Microsoft Corporation; Oracle Corporation; Cisco Systems; Fujitsu Ltd; Palo Alto Networks, Inc.; VMware, Inc.; DivvyCloud Corporation; Check Point Software Technologies; Atos SE; Arctic Wolf Networks; CrowdStrike Holdings, Inc.; Sysdig, Inc; FireMon, LLC; Trend Micro, Inc.; OpsCompass; Aqua Security; Radware Ltd; Adaptive Shield; and Qualys, Inc.

Some of these players have adopted several business development strategies such as launching innovative technology, massive R&D programs, and entering into partnerships for expansion of their market share.

Cloud Security Posture Management Market Key Players

Frequently Asked Questions

The global cloud security posture management market size was valued at USD 4.14 Billion in 2022 and is expected to surpass USD 14.68 Billion by 2031.

The healthcare segment is likely to dominate the market during the forecast period.

Key drivers of the market are the wide occurrence of malware attacks due to increasing adoption of cloud-computing platforms and wide acceptance of digital business automation.

North America held a major market share in 2021.

Key players in the market include International Business Machines Corporation; Microsoft Corporation; Oracle Corporation; Cisco Systems; Fujitsu Ltd; Palo Alto Networks, Inc.; VMware, Inc.; and DivvyCloud Corporation.

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Cloud Security Posture Management Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Cloud Security Posture Management Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Cloud Security Posture Management Market - Supply Chain
  4.5. Global Cloud Security Posture Management Market Forecast
     4.5.1. Cloud Security Posture Management Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Cloud Security Posture Management Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Cloud Security Posture Management Market Absolute $ Opportunity
5. Global Cloud Security Posture Management Market Analysis and Forecast by End Users
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by End Users
     5.2.2. Y-o-Y Growth Projections by End Users
  5.3. Cloud Security Posture Management Market Size and Volume Forecast by End Users
     5.3.1. Healthcare
     5.3.2. IT & Telecommunication
     5.3.3. BFSI
     5.3.4. Retail & E-commerce
     5.3.5. Education
     5.3.6. Government
  5.4. Absolute $ Opportunity Assessment by End Users
  5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global Cloud Security Posture Management Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Cloud Security Posture Management Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Cloud Security Posture Management Demand Share Forecast, 2019-2026
7. North America Cloud Security Posture Management Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Cloud Security Posture Management Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Cloud Security Posture Management Market Size and Volume Forecast by End Users
     7.4.1. Healthcare
     7.4.2. IT & Telecommunication
     7.4.3. BFSI
     7.4.4. Retail & E-commerce
     7.4.5. Education
     7.4.6. Government
  7.5. Basis Point Share (BPS) Analysis by End Users
  7.6. Y-o-Y Growth Projections by End Users
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Cloud Security Posture Management Demand Share Forecast, 2019-2026
8. Latin America Cloud Security Posture Management Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Cloud Security Posture Management Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Cloud Security Posture Management Market Size and Volume Forecast by End Users
     8.4.1. Healthcare
     8.4.2. IT & Telecommunication
     8.4.3. BFSI
     8.4.4. Retail & E-commerce
     8.4.5. Education
     8.4.6. Government
  8.5. Basis Point Share (BPS) Analysis by End Users
  8.6. Y-o-Y Growth Projections by End Users
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Cloud Security Posture Management Demand Share Forecast, 2019-2026
9. Europe Cloud Security Posture Management Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Cloud Security Posture Management Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Cloud Security Posture Management Market Size and Volume Forecast by End Users
     9.4.1. Healthcare
     9.4.2. IT & Telecommunication
     9.4.3. BFSI
     9.4.4. Retail & E-commerce
     9.4.5. Education
     9.4.6. Government
  9.5. Basis Point Share (BPS) Analysis by End Users
  9.6. Y-o-Y Growth Projections by End Users
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Cloud Security Posture Management Demand Share Forecast, 2019-2026
10. Asia Pacific Cloud Security Posture Management Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Cloud Security Posture Management Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Cloud Security Posture Management Market Size and Volume Forecast by End Users
     10.4.1. Healthcare
     10.4.2. IT & Telecommunication
     10.4.3. BFSI
     10.4.4. Retail & E-commerce
     10.4.5. Education
     10.4.6. Government
  10.5. Basis Point Share (BPS) Analysis by End Users
  10.6. Y-o-Y Growth Projections by End Users
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Cloud Security Posture Management Demand Share Forecast, 2019-2026
11. Middle East & Africa Cloud Security Posture Management Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Cloud Security Posture Management Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Cloud Security Posture Management Market Size and Volume Forecast by End Users
     11.4.1. Healthcare
     11.4.2. IT & Telecommunication
     11.4.3. BFSI
     11.4.4. Retail & E-commerce
     11.4.5. Education
     11.4.6. Government
  11.5. Basis Point Share (BPS) Analysis by End Users
  11.6. Y-o-Y Growth Projections by End Users
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Cloud Security Posture Management Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Cloud Security Posture Management Market: Market Share Analysis
  12.2. Cloud Security Posture Management Distributors and Customers
  12.3. Cloud Security Posture Management Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. International Business Machines Corporation
     12.4.2. Microsoft Corporation
     12.4.3. Oracle Corporation
     12.4.4. Cisco Systems
     12.4.5. Fujitsu Ltd
     12.4.6. Palo Alto Networks, Inc.

Methodology

Our Clients

Siemens Healthcare
FedEx Logistics
General Mills
General Electric
Dassault Aviation
Honda Motor Co. Ltd.
Microsoft
Nestle SA