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Cloud Application Security Global Market is Projected to Reach $34.7 Billion by 2030: Demand for IPv6 Transitions and IP Connected Devices Drives Growth

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Global Market for Cloud Application Security

Global Market for Cloud Application Security
Global Market for Cloud Application Security

Dublin, May 08, 2023 (GLOBE NEWSWIRE) -- The "Cloud Application Security - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Cloud Application Security estimated at US$11.5 Billion in the year 2022, is projected to reach a revised size of US$34.7 Billion by 2030, growing at a CAGR of 14.8% over the analysis period 2022-2030.

Solutions, one of the segments analyzed in the report, is projected to record 13.5% CAGR and reach US$18.4 Billion by the end of the analysis period.

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Taking into account the ongoing post pandemic recovery, growth in the Services segment is readjusted to a revised 16.4% CAGR for the next 8-year period.

The U.S. Market is Estimated at $3.4 Billion, While China is Forecast to Grow at 13.8% CAGR

The Cloud Application Security market in the U.S. is estimated at US$3.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$5.9 Billion by the year 2030 trailing a CAGR of 13.8% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13.5% and 12.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 10.7% CAGR.

Select Competitors (Total 176 Featured) -

  • Bitglass, Inc.

  • CensorNet Ltd.

  • Ciphercloud, Inc.

  • Cisco Systems, Inc.

  • Fortinet, Inc.

  • Microsoft Corporation

  • Netskope, Inc.

  • Oracle Corporation

  • Palo Alto Networks, Inc.

  • Proofpoint, Inc.

  • Symantec Corporation

Key Attributes:

Report Attribute

Details

No. of Pages

261

Forecast Period

2022 - 2030

Estimated Market Value (USD) in 2022

$11.5 Billion

Forecasted Market Value (USD) by 2030

$34.7 Billion

Compound Annual Growth Rate

14.8%

Regions Covered

Global

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights

  • World Market Trajectories

  • Product Overview

  • A Prelude to Cloud Application Security Market

  • Demand for Solutions Segment on Rise

  • Cloud Application Security Market by Application (2019)

  • Cloud Application Security - Global Key Competitors Percentage Market Share in 2022 (E)

  • Competition

  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Demand for IPv6 Transitions and IP Connected Devices Drives the Adoption of Cloud Application Security Market

  • Innovations

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/838zs8

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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