2020 Cloud Security Market Forecast Analysis by Trends, Major Companies Analysis, Growth Rate by Regions, Company Overview till 2024

March 31, 2020 Ulysses Erickson 0 Comments

Cloud Security

The “Cloud Security Market” report provides a complete overview of the market trade scenario, size, segmentation, competition scenario, and others. It provides the perfect industry detailed description of the different products and service segments associated with the key players. Cloud Security market report includes research methodology, value chain analysis, industry analysis by the power of suppliers and consumers. Cloud Security market report also includes new upcoming technology of Cloud Security Industry that will help to our clients.

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Market Overview:

The cloud security market in manufacturing is expected to register a CAGR of 19.08% over the forecast period (2019-2024). As manufacturing businesses evolve, manufacturers are demanding a more agile approach to system innovation and process support. The factors which are causing the industry to adopt cloud security solutions are visibility and flexibility.

– Growing threats of cyber attacks are augmenting market growth. Manufacturing is one of the most highly targeted industries for cyber attacks. According to EEF, 48% of manufacturers have at some point been subjected to a cybersecurity incident, and half of those organisations suffered financial loss or a disruption to their business. This is causing a major portion of a company’s budget to spend on security solutions.

– Migration of production processes from on-premise to cloud is a challenge since most of the production processes are supported by on-premise solutions. manufacturers should focus on new events that could be transferred to the cloud. For the old events, a more intelligent ERP system could be developed which enables the manufacturing functions to scale as needed.

Cloud Security Market Covers Key Players:

Trend Micro, Inc.

Imperva, Inc.

Symantec Corporation

IBM Corporation

Cisco Systems, Inc.

Fortinet, Inc.

Sophos, PLC

Mcafee LLC

Qualys, Inc.

CA Technologies

Check Point Software Technologies Ltd

Computer Science Corporation (CSC)

Some Major Points Covered in Cloud Security Market Report:

Introduction and Market Overview
Industry Chain Analysis
Market, by Type
Market, by Application
Production, Value ($) by Region (2014-2019)
Production, Consumption, Export, Import by Regions (2014-2019)
Market Status and SWOT Analysis by Regions
Competitive Landscape
Analysis and Forecast by Type and Application
Analysis and Forecast by Region
New Project Feasibility Analysis
Research Finding and Conclusion

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Scope of the Report:

Manufacturers deal with sensitive data like quality data, warranty information, device history records, and the engineering specifications for a product that are highly confidential. Although they are stored in public/private/hybrid cloud, but security concerns still remain. Hence cloud security is necessary for data loss prevention, endpoint security and identity and access management.

Key Market Trends:

Intrusion Detection and Prevention is the Fastest Growing Segment

– An Intrusion Detection and Prevention Software (IDPS) monitors network traffic for signs of a possible attack. When it detects potentially dangerous activity, it takes action to stop the attack. Often this takes the form of dropping malicious packets, blocking network traffic or resetting connections. The IDPS also usually sends an alert to security administrators about the potential malicious activity.
– The two main contributors to the successful deployment and operation of an IDS or IPS are the deployed signatures and the network traffic that flows through it.
– According to Insider Threat 2018 report, most insider exploits are detected through IDPS. This indicates the popularity of IDPS and why majority of the vendors are offering this service.

Asia-Pacific to Witness the Highest Growth

– Asia-Pacific is the fastest growing region due to growth of manufacturing sector. According to The ASEAN Post, the manufacturing sector has been one of ASEAN’s key economic growth drivers.
– The ASEAN Economic Community (AEC) envisions ASEAN as a single market and production base. Meanwhile, mega trade arrangements like the Regional Comprehensive Economic Partnership (RCEP) if successful would be a positive step towards a broader Free Trade Area of the Asia-Pacific (FTAAP) that can serve as a useful intergovernmental forum on free trade.
– Major companies are setting their footprint in APAC, for instance, Google expanded the number of Google Cloud Platform regions in APAC from three to six in 2018.
– To retain the data authenticity generated by manufacturing industry, move towards cloud and hence its security is of utmost importance.

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Detailed TOC of Cloud Security Market Report 2020-2024:

1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Growing Threats of Cyber Attacks is Expanding the Market
4.4 Market Restraints
4.4.1 Migration of Manufacturing Processes from On-Premise to Cloud is a Major Challenge
4.5 Value Chain Analysis
4.6 Industry Attractiveness – Porter’s Five Force Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers/Consumers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitute Products
4.6.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION
5.1 By Solution
5.1.1 Identity and Access Management
5.1.2 Data Loss Prevention
5.1.3 IDS/IPS
5.1.4 Security Information and Event Management
5.1.5 Encryption
5.2 By Security
5.2.1 Application Security
5.2.2 Database Security
5.2.3 Endpoint Security
5.2.4 Network Security
5.2.5 Web & Email Security
5.3 By Deployment Mode
5.3.1 Public
5.3.2 Private
5.3.3 Hybrid
5.4 Geography
5.4.1 North America
5.4.2 Europe
5.4.3 Asia-Pacific
5.4.4 Rest of the World

6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Trend Micro, Inc.
6.1.2 Imperva, Inc.
6.1.3 Symantec Corporation
6.1.4 IBM Corporation
6.1.5 Cisco Systems, Inc.
6.1.6 Fortinet, Inc.
6.1.7 Sophos, PLC
6.1.8 Mcafee LLC
6.1.9 Qualys, Inc.
6.1.10 CA Technologies
6.1.11 Check Point Software Technologies Ltd
6.1.12 Computer Science Corporation (CSC)

7 INVESTMENT ANALYSIS

8 MARKET OPPORTUNITIES AND FUTURE TRENDS

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