SAN FRANCISCO, June 29, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Cloud Security - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
What's New for 2022?
- Global competitiveness and key competitor percentage market shares
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Edition: 16; Released: January 2022
Executive Pool: 17784
Companies: 148 - Players covered include Aisin Seiki Co., Ltd.; American Axle & ; Manufacturing Inc.; BorgWarner, Inc.; Magna International, Inc.; ZF Friedrichshafen AG and Others.
Coverage: All major geographies and key segments
Segments: Solution (Cloud IAM, Cloud Email Security, Cloud IDS / IPS, Cloud DLP); Organization Size (Large Enterprises, SMEs); Application (IT & Telecom, Financial Services, Government, Healthcare, Education, Media & Entertainment, Other Applications)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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Global Cloud Security Market to Reach $15 Billion by 2026
Amid the COVID-19 crisis, the global market for Cloud Security estimated at US$7 Billion, is projected to reach a revised size of US$15 Billion by 2026, growing at a CAGR of 13.3% over the analysis period. Cloud IAM, one of the segments analyzed in the report, is projected to record a 14.2% CAGR and reach US$8.3 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Cloud Email Security segment is readjusted to a revised 13.5% CAGR for the next 7-year period.
The U.S. Market is Estimated at $2.4 Billion in 2021, While China is Forecast to Reach $2.6 Billion by 2026
The Cloud Security market in the U.S. is estimated at US$2.4 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.6 Billion by the year 2026 trailing a CAGR of 12.8% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.7% and 11.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 9.7% CAGR.
Cloud IDS/IPS Segment to Reach US$2.6 Billion by the year 2026
In the global Cloud IDS/IPS segment, USA, Canada, Japan, China and Europe will drive the 12% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1 Billion will reach a projected size of US$2.3 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More
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