Globe Newswire
Dublin, March 01, 2021 (GLOBE NEWSWIRE) -- The "Cloud Security Posture Management Market by Component (Solution and Services), Cloud Model (IaaS and SaaS), Vertical (BFSI, Healthcare, Retail and Trade, IT and Telecommunication, Public Sector, and Education), and Region - Global Forecast to 2026" report has been added to ResearchAndMarkets.com's offering. The global Cloud Security Posture Management (CSPM) market size in the post-COVID-19 scenario is projected to grow from USD 4.0 Billion in 2020 to USD 9.0 Billion by 2026, at a CAGR of 14.4% during the forecast period. An increase in misconfiguration and lack of security tools and processes have contributed to the growth of the CSPM market. By component, the services segment expected to grow with the fastest growing CAGR during the forecast period Consulting, deployment, maintenance, and managed services (as-a-service) are considered in the CSPM services segment. Services aim at training and developing expertise, providing timely upgradations to the solution, and helping customers integrate these with other Information Technology (IT) solutions. With the increasing adoption of CSPM solutions across organizations, the demand for supporting services is also expected to increase among organizations. APAC to register the highest growth rate during the forecast period Asia Pacific (APAC) comprises of emerging economies, such as China, Japan, India, Australia and New Zealand with developed security infrastructure. Machine Learning (ML), Internet of Things (IoT), big data analytics, and Artificial Intelligence (AI) are emerging methodologies that are being deployed in this region. APAC is home to a large number of established Small and Medium-sized Enterprises (SMEs), which are growing at a laudable pace to cater to their large customer base. SMEs are rapidly adopting cloud-based solutions to manage their enterprise data. Despite the growing importance of SMEs in this region, they are most affected mostly by cyber and malware attacks owing to budgetary constraints and resource shortages. Key Topics Covered: 1 Introduction 2 Research Methodology3 Executive Summary4 Premium Insights4.1 Attractive Opportunities in the Cloud Security Posture Management Market4.2 Market, by Component, 20204.3 Market, by Cloud Model 20204.4 Market, Share of Top Three Verticals and Regions, 20204.5 Market Investment Scenario5 Market Overview and Industry Trends5.1 Introduction5.2 Market Dynamics5.2.1 Drivers5.2.1.1 Increase in the Misconfiguration to Boost the Growth of Cloud Security Posture Management5.2.1.2 Lack of Security Tools and Processes5.2.1.3 COVID-19 Impact5.2.2 Restraint5.2.2.1 Lack of Awareness Toward Cloud Resources, Cloud Security Architecture, and Strategy5.2.2.2 COVID-19 Impact5.2.3 Opportunities5.2.3.1 Migration to Cloud to Give an Opportunity for Cloud Security Posture Management5.2.3.2 COVID-19 Impact5.2.4 Challenges5.2.4.1 Lack of Awareness Among Enterprises About the Benefits of Cspm Solutions5.2.4.2 Challenges to Prove Compliance5.2.4.3 COVID-19 Impact5.2.5 Use Cases5.2.5.1 Use Case: Armor5.2.5.2 Use Case: Zscaler5.2.5.3 Use Case: Armor5.3 Regulatory Landscape5.3.1 General Data Protection Regulation5.3.2 Personal Information Protection and Electronic Documents Act5.3.3 The International Organization for Standardization 270015.3.4 Cloud Security Alliance Security Trust Assurance and Risk5.4 Cloud Security Posture Management Market Ecosystem5.5 Cloud Security Posture Management Framework5.6 Pricing Analysis5.7 Patent Analysis5.8 Technology Analysis5.9 Porter's Five Forces Analysis5.9.1 Threat from New Entrants5.9.2 Threat of Substitutes5.9.3 Bargaining Power of Suppliers5.9.4 Bargaining Power of Buyers5.9.5 Intensity of Competitive Rivalry6 Cloud Security Posture Management Market, by Component6.1 Introduction.6.1.1 Components: Market Drivers6.1.2 Components: COVID-19 Impact6.2 Solutions6.3 Services7 Cloud Security Posture Management Market, by Cloud Model7.1 Introduction7.1.1 Cloud Models: Market Drivers7.1.2 Cloud Models: COVID-19 Impact7.2 Infrastructure as a Service (Iaas)7.3 Software as a Service (Saas)8 Cloud Security Posture Management Market, by Vertical8.1 Introduction8.1.1 Verticals: Market Drivers8.1.2 Verticals: COVID-19 Impact8.2 Banking, Financial, and Insurance Services8.3 Healthcare8.4 Retail and Trade8.5 Education8.6 It and Telecommunication8.7 Public Sector8.8 Other Verticals9 Cloud Security Posture Management, by Region9.1 Introduction9.2 North America9.3 Europe9.4 Asia-Pacific9.5 Middle East and Africa9.6 Latin America10 Competitive Landscape10.1 Overview10.2 Market Evaluation Framework10.2.1 New Product Launches/Development10.2.2 Partnerships/Agreements/Collaborations10.2.3 Acquisitions10.3 Company Evaluation Matrix and Company Profiles10.3.1 Overview10.3.2 Competitive Leadership Mapping10.3.2.1 Star10.3.2.2 Emerging Leader10.3.2.3 Pervasive10.4 Competitive Leadership Mapping, for Startups10.4.1 Progressive Companies10.4.2 Responsive Companies10.4.3 Dynamic Companies10.4.4 Starting Blocks10.5 Revenue Analysis10.6 Market Share Analysis11 Company Profiles11.1 Introduction11.2 IBM11.3 Vmware11.4 Microsoft11.4.5 COVID-19-Related Developments11.5 Check Point11.6 Mcafee11.7 Fortinet11.8 Forcepoint11.9 Fireeye11.10 Zscaler11.11 Cisco11.12 Optiv Security11.13 Sophos11.14 Atos11.15 Palo Alto Networks11.16 Crowdstrike11.17 Ciphercloud11.18 Aqua Security11.19 Aujas11.20 Armor11.21 Bitglass11.22 Hillstone11.23 Netskope11.24 Divvycloud11.25 Fugue, Inc11.26 Orca Security11.27 Accurics, Inc11.28 Appomni Inc11.29 Cloudpassage11.30 Opscompass11.31 Adaptive Shield11.32 Blazeclan Technologies12 Adjacent Markets12.1 Introduction to Adjacent Markets12.2 Limitations12.3 Cloud Security Posture Management Market Ecosystem and Adjacent Markets12.4 Cloud Security Market12.5 Cybersecurity Market13 Appendix13.1 Discussion Guide13.2 Knowledge Store: Subscription Portal13.3 Available Customizations For more information about this report visit https://www.researchandmarkets.com/r/o5310g CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900