
Multi-cloud Security Market by Offering (Solution and Services), Cloud Model (IaaS, PaaS, and SaaS), Application (Network, Endpoint), Verticals (BFSI, Healthcare, IT and ITeS, Retail and eCommerce), Organization Size Region - Global Forecast to 2027
- January 30, 2023
- MarketsandMarkets
- 278
Multi-cloud Security Market by Offering (Solution and Services), Cloud Model (IaaS, PaaS, and SaaS), Application (Network, Endpoint), Verticals (BFSI, Healthcare, IT and ITeS, Retail and eCommerce), Organization Size Region - Global Forecast to 2027
Abstract
The global multi-cloud security market is projected to grow from an estimated USD 4.4 billion in 2022 to USD 10.5 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 18.7% from 2022 to 2027.
Some of the factors driving the market growth include implementation of stringent regulatory standards, and the requirement by organizations for a unified multi-cloud security solution. However, limited skilled expertise for deployment of multi-cloud security solutions is expected to hinder the market growth.
SMEs segment to grow at highest CAGR during the forecast period
According to the Organization for Economic Co-operation and Development (OECD), SMEs employ fewer than a given number of employees. This number varies across countries. The most frequent upper limit designating an SME is 250 employees in the European Union. However, some countries set the limit at 200 employees, while the US considers SMEs to include firms with fewer than 500 employees. SMEs are moving towards adopting multi-cloud security solutions and services. SMEs often possess limited budgets and a limited number of employees. Using more than one cloud vendor provides optimum security and disaster backup recovery.
Data and workload can be maintained in different cloud platforms to maintain compliance with data security regulations. A major concern for SMEs is the cost of cloud services, and pricing is a major challenge. Although, with the adoption of multi-cloud security solutions, SMEs can choose vendors with the best pricing based on requirements. The provisions of businesses are susceptible to change and need to be scalable.
Using multi-cloud solutions allows companies to switch vendors and services as per requirements, thus giving SMEs the leverage to boost productivity and functionality. The multi-cloud deployment helps avoid vendor lock-in, evaluates the terms and conditions of each vendor cloud service, and supports profit gain. Moreover, cybercrimes are growing in sophistication, adding risk to the IT networks of enterprises. According to a report by CyberPeace Foundation, Cybersecurity for SMEs and startups, 43% of cyberattacks target small businesses. Multi-cloud security solutions help enhance the security infrastructure of SMEs, thereby driving the growth of this segment.
IaaS segment to hold the largest market size during forecast period
IaaS is a form of cloud computing where equipment is provided and managed by an external provider. The equipment and instruments in the cloud environment can include a variety, from virtual servers to network connections and load balancers. The virtualization of the hardware allows businesses to scale their IT solutions easily. Virtualization of hardware also additionally helps growing companies or those working on temporary projects with the ability to scale their businesses. IaaS delivers computing infrastructure as on-demand services.
The user purchases servers or network equipment in this model and rents resources through a fully outsourced and on-demand service model. It enables scalability, and the resources are distributed as a service. Popular infrastructure services include Amazon's Elastic Compute, the Google Compute Engine, and Microsoft Azure. IaaS has become a target for cyberattacks attempting to hijack IaaS resources to launch denial-of-service attacks, run botnets, or mine cryptocurrencies. Attackers who successfully infiltrate an organizations’ infrastructure resources, can leverage those accounts to access other parts of the enterprise architecture. The adoption of multi-cloud security solutions and services help create a secure environment.
Asia Pacific to grow at the highest CAGR during the forecast period
Asia Pacific is experiencing increasing digitalization in the recent years. According to the Asia Pacific Economic Cooperation, SMEs are the engines of growth in the Asia Pacific region. They contribute significantly to the economic growth. These firms are increasingly adopting multi cloud infrastructure for deploying their organizations’ resources. The new age startups and unicorns across the region are focusing more on managing applications and product delivery. This factor has led to organizations moving towards serverless computing and cloud infrastructure.
According to the multi-cloud maturity index report, commissioned by VMware, 98% of respondents from India and Singapore reported that multi cloud had a positive impact on revenue growth, while 79% of those from Japan, mentioned the same. Several initiatives are being taken up by the governments and organizations in the region, related to cloud-based solutions. The region is also witnessing increasing cyberattacks. According to IBM global analysis, Asia is the most targeted region by cyberattacks, representing 26% of the attacks analyzed in 2021. Factors including increasing digitalization and growing cyberattacks are the major factors fueling the adoption of multi-cloud security solutions and services.
Breakdown of Primaries
The primary sources from the supply side included various industry experts, including Chief Executive Officers (CEOs), Vice Presidents (VPs), marketing directors, technology and innovation directors, and related key executives from various key companies and organizations operating in the multi-cloud security market.
•By Company Type: Tier 1: 35%, Tier 2: 45%, and Tier 3: 20%
•By Designation: C-level: 40%, Managerial and Other levels: 60%
•By Region: Asia Pacific: 45%, Europe: 35%, and North America: 20%
The major multi-cloud security market vendors include Microsoft (US), VMware (US), Rackspace (UK), Check Point (Israel), F5 (US), Amazon Web Services (US), Fujitsu (Japan), Entrust (US), Google Cloud (US), Cloudflare (US), IBM (US), Cloud4C (Singapore), Proofpoint (US), Lacework (US), BMC Software (US), SonicWall (US), Atos (France), Imperva (US), Micro Focus (UK), Aqua Security (Israel), Aviatrix (US), Saviynt (US), Tufin (US), Distology (UK), Fortanix (US), Illumio (US), Fidelis Cybersecurity (US), Valtix (US), Orca Security (US), Ascend Technologies (US), Ermetic (US), Caveonix (US), and AccuKnox (US).
Research Coverage
The report segments the multi-cloud security market and forecasts its size, by offering (solutions, services), cloud model (IaaS, PaaS, and SaaS), application (network security, application security, and endpoint and IoT security), verticals (BFSI, healthcare, IT &ITeS, retail and eCommerce, and others), organization size (large enterprises, SMEs), and region (North America, Europe, Asia Pacific, Middle East and Africa, and Latin America).
The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key Benefits of Buying Report
The report is expected to help the leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall multi-cloud security market and sub-segments. It will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report will also help stakeholders understand the pulse of the market and will provide them with information on key market drivers, restraints, challenges, and opportunities.
Content
Table of Contents
1INTRODUCTION30
1.1STUDY OBJECTIVES30
1.2MARKET DEFINITION30
1.2.1INCLUSIONS AND EXCLUSIONS31
1.3MARKET SCOPE32
1.3.1MARKET SEGMENTATION32
1.3.2REGIONS COVERED33
1.3.3YEARS CONSIDERED33
1.4CURRENCY CONSIDERED34
TABLE 1USD EXCHANGE RATES, 2020–202134
1.5STAKEHOLDERS34
2RESEARCH METHODOLOGY35
2.1RESEARCH DATA35
FIGURE 1MULTI-CLOUD SECURITY MARKET: RESEARCH DESIGN35
2.1.1SECONDARY DATA36
2.1.2PRIMARY DATA36
2.1.2.1Breakup of primaries36
2.1.2.2Key industry insights37
2.2MARKET SIZE ESTIMATION37
2.2.1TOP-DOWN APPROACH38
2.2.2BOTTOM-UP APPROACH38
FIGURE 2MARKET SIZE ESTIMATION METHODOLOGY—APPROACH 1 (SUPPLY-SIDE): REVENUE FROM SOFTWARE/SERVICES OF MULTI-CLOUD SECURITY VENDORS38
FIGURE 3MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY-SIDE) ANALYSIS39
FIGURE 4MULTI-CLOUD SECURITY MARKET ESTIMATION APPROACH: RESEARCH FLOW39
FIGURE 5MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2, BOTTOM-UP (DEMAND-SIDE)40
2.3DATA TRIANGULATION41
FIGURE 6MULTI-CLOUD SECURITY MARKET: DATA TRIANGULATION41
2.4MARKET FORECAST42
TABLE 2FACTOR ANALYSIS42
2.5COMPANY EVALUATION QUADRANT METHODOLOGY43
FIGURE 7COMPANY EVALUATION QUADRANT: CRITERIA WEIGHTAGE43
2.6EVALUATION QUADRANT METHODOLOGY FOR STARTUPS44
FIGURE 8EVALUATION QUADRANT FOR STARTUPS: CRITERIA WEIGHTAGE44
2.7STUDY ASSUMPTIONS45
2.8LIMITATIONS46
FIGURE 9MULTI-CLOUD SECURITY MARKET: LIMITATIONS46
3EXECUTIVE SUMMARY47
FIGURE 10MULTI-CLOUD SECURITY MARKET TO WITNESS HIGH GROWTH DURING FORECAST PERIOD48
FIGURE 11MULTI-CLOUD SECURITY MARKET: SEGMENTATION SNAPSHOT48
FIGURE 12MULTI-CLOUD SECURITY MARKET: REGIONAL SNAPSHOT49
4PREMIUM INSIGHTS50
4.1ATTRACTIVE OPPORTUNITIES FOR MARKET PLAYERS50
FIGURE 13INCREASING ADOPTION OF MULTI-CLOUD SECURITY SOLUTIONS DUE TO RISING CYBERATTACKS TO DRIVE MARKET GROWTH50
4.2MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2022–202750
FIGURE 14SOLUTIONS SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD50
4.3MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2022–202751
FIGURE 15IAAS SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD51
4.4MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2022–202751
FIGURE 16LARGE ENTERPRISES SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD51
4.5MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2022–202752
FIGURE 17BFSI SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD52
4.6REGIONAL GROWTH OPPORTUNITIES52
FIGURE 18ASIA PACIFIC REGION TO OFFER LUCRATIVE OPPORTUNITIES FOR GROWTH DURING FORECAST PERIOD52
5MARKET OVERVIEW AND INDUSTRY TRENDS53
5.1INTRODUCTION53
5.2MARKET DYNAMICS53
FIGURE 19MULTI-CLOUD SECURITY MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES53
5.2.1DRIVERS54
5.2.1.1Rising need for unified multi-cloud security solutions due to Increasing cyberattacks54
5.2.1.2Growing government support for multi-cloud security solutions54
5.2.2RESTRAINTS54
5.2.2.1Shortage of skills necessary to deploy multi-cloud security solutions54
5.2.3OPPORTUNITIES55
5.2.3.1Adoption of BYOD and remote working models55
5.2.4CHALLENGES55
5.2.4.1Complexities associated with multi-cloud security solutions and services55
5.2.4.2Disaster recovery planning55
5.3ECOSYSTEM MAPPING56
FIGURE 20MULTI-CLOUD SECURITY MARKET: ECOSYSTEM56
TABLE 3MULTI-CLOUD SECURITY MARKET: ECOSYSTEM ROLE56
5.4TECHNOLOGY ANALYSIS57
5.4.1AI/ML AND MULTI-CLOUD SECURITY57
5.4.2BIG DATA ANALYTICS AND MULTI-CLOUD SECURITY57
5.4.3BLOCKCHAIN TECHNOLOGY WITH MULTI-CLOUD SECURITY57
5.4.4ZERO TRUST NETWORK ACCESS57
5.4.5CLOUD-NATIVE APPLICATION PROTECTION PLATFORM58
5.5REGULATORY LANDSCAPE58
5.5.1PAYMENT CARD INDUSTRY DATA SECURITY STANDARD (PCI–DSS)58
5.5.2GENERAL DATA PROTECTION REGULATION (GDPR)58
5.5.3CALIFORNIA CONSUMER PRIVACY ACT (CCPA)59
5.5.4PERSONAL INFORMATION PROTECTION AND ELECTRONIC DOCUMENTS ACT (PIPEDA)59
5.5.5HEALTH INSURANCE PORTABILITY AND ACCOUNTABILITY ACT (HIPAA)59
5.5.6INTERNATIONAL ORGANIZATION FOR STANDARDIZATION (ISO) STANDARD 2700159
5.5.7REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS60
TABLE 4LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS60
5.6PATENT ANALYSIS61
FIGURE 21MULTI-CLOUD SECURITY MARKET: PATENT ANALYSIS61
5.7USE CASES62
5.7.1USE CASE 1: AQUA SECURITY HELPS NCR CORPORATION TO SECURELY TRANSIT TO MULTI-CLOUD MICROSERVICES APPLICATION62
5.7.2USE CASE 2: VIUTV CHOOSES CLOUDGUARD CLOUD SECURITY POSTURE MANAGEMENT TO SECURE MULTI-CLOUD ENVIRONMENT63
5.7.3USE CASE 3: O.C. TANNER PROTECTS CUSTOMER DATA ACROSS HYBRID, MULTI-CLOUD, AND MULTI-SITE ENVIRONMENTS63
5.7.4USE CASE 4: CADENCE USES CLOUDGUARD POSTURE MANAGEMENT FOR ROBUST SECURITY ACROSS ITS MULTI-CLOUD ENVIRONMENT64
5.8PRICING ANALYSIS65
TABLE 5MULTI-CLOUD SECURITY MARKET: AVERAGE SELLING PRICE OF PRODUCTS OFFERED BY KEY PLAYERS65
5.8.1AVERAGE SELLING PRICE (ASP) TREND65
5.9SUPPLY CHAIN ANALYSIS66
FIGURE 22MULTI-CLOUD SECURITY MARKET: SUPPLY CHAIN66
5.9.1MULTI-CLOUD SECURITY SOLUTION AND SERVICE PROVIDERS66
5.9.2SYSTEM INTEGRATORS66
5.9.3SALES SERVICE PROVIDERS AND DISTRIBUTERS66
5.9.4END USERS67
5.10PORTER’S FIVE FORCES MODEL ANALYSIS67
FIGURE 23MULTI-CLOUD SECURITY MARKET: PORTER’S FIVE FORCE ANALYSIS67
TABLE 6MULTI-CLOUD SECURITY MARKET: IMPACT OF PORTER’S FIVE FORCES68
5.10.1THREAT OF NEW ENTRANTS68
5.10.2THREAT OF SUBSTITUTES68
5.10.3BARGAINING POWER OF SUPPLIERS68
5.10.4BARGAINING POWER OF BUYERS69
5.10.5INTENSITY OF COMPETITIVE RIVALRY69
5.11TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES69
FIGURE 24MULTI-CLOUD SECURITY MARKET: TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES69
5.12KEY STAKEHOLDERS AND BUYING CRITERIA70
5.12.1IMPACT OF KEY STAKEHOLDERS ON BUYING PROCESS70
FIGURE 25INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS (%)70
TABLE 7INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS (%)70
5.13KEY CONFERENCES AND EVENTS, 2022–202371
TABLE 8MULTI-CLOUD SECURITY MARKET: LIST OF CONFERENCES AND EVENTS71
6MULTI-CLOUD SECURITY MARKET, BY OFFERING72
6.1INTRODUCTION73
FIGURE 26SERVICES SEGMENT TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD73
TABLE 9MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2016–2021 (USD MILLION)73
TABLE 10MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2022–2027 (USD MILLION)73
6.2SOLUTIONS74
6.2.1INCREASING CYBER THREATS TO FUEL DEMAND74
6.2.2SOLUTIONS: MULTI-CLOUD SECURITY MARKET DRIVERS74
TABLE 11SOLUTIONS: MULTI-CLOUD SECURITY MARKET, BY REGION, 2016–2021 (USD MILLION)74
TABLE 12SOLUTIONS: MULTI-CLOUD SECURITY MARKET, BY REGION, 2022–2027 (USD MILLION)75
6.3SERVICES75
6.3.1RISING DEPLOYMENT OF MULTI-CLOUD SECURITY SOLUTIONS TO CREATE NEED FOR SERVICES75
6.3.2SERVICES: MULTI-CLOUD SECURITY MARKET DRIVERS75
TABLE 13SERVICES: MULTI-CLOUD SECURITY MARKET, BY REGION, 2016–2021 (USD MILLION)76
TABLE 14SERVICES: MULTI-CLOUD SECURITY MARKET, BY REGION, 2022–2027 (USD MILLION)76
7MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL77
7.1INTRODUCTION78
FIGURE 27SAAS SEGMENT TO RECORD HIGHEST CAGR DURING FORECAST PERIOD78
TABLE 15MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2016–2021 (USD MILLION)78
TABLE 16MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2022–2027 (USD MILLION)78
7.2INFRASTRUCTURE-AS-A-SERVICE (IAAS)79
7.2.1VIRTUALIZATION OF HARDWARE AND ENHANCED SCALABILITY TO DRIVE MARKET79
7.2.2IAAS: MULTI-CLOUD SECURITY MARKET DRIVERS79
TABLE 17IAAS: MULTI-CLOUD SECURITY MARKET, BY REGION, 2016–2021 (USD MILLION)79
TABLE 18IAAS: MULTI-CLOUD SECURITY MARKET, BY REGION, 2022–2027 (USD MILLION)79
7.3PLATFORM-AS-A-SERVICE (PAAS)80
7.3.1SUBSCRIPTION-BASED MODELS WITH STREAMLINED INTEGRATION TO SUPPORT MARKET GROWTH80
7.3.2PAAS: MULTI-CLOUD SECURITY MARKET DRIVERS80
TABLE 19PAAS: MULTI-CLOUD SECURITY MARKET, BY REGION, 2016–2021 (USD MILLION)80
TABLE 20PAAS: MULTI-CLOUD SECURITY MARKET, BY REGION, 2022–2027 (USD MILLION)80
7.4SOFTWARE-AS-A-SERVICE (SAAS)81
7.4.1COST-EFFICIENT MODEL WITH ENHANCED FLEXIBILITY TO DRIVE MARKET81
7.4.2SAAS: MULTI-CLOUD SECURITY MARKET DRIVERS81
TABLE 21SAAS: MULTI-CLOUD SECURITY MARKET, BY REGION, 2016–2021 (USD MILLION)81
TABLE 22SAAS: MULTI-CLOUD SECURITY MARKET, BY REGION, 2022–2027 (USD MILLION)81
8MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE82
8.1INTRODUCTION83
FIGURE 28SMES SEGMENT TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD83
TABLE 23MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION)83
TABLE 24MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)83
8.2LARGE ENTERPRISES84
8.2.1MINIMIZED VENDOR LOCK-INS AND REGULATORY COMPLIANCE TO DRIVE ADOPTION84
8.2.2LARGE ENTERPRISES: MULTI-CLOUD SECURITY MARKET DRIVERS84
TABLE 25LARGE ENTERPRISES: MULTI-CLOUD SECURITY MARKET, BY REGION, 2016–2021 (USD MILLION)84
TABLE 26LARGE ENTERPRISES: MULTI-CLOUD SECURITY MARKET, BY REGION, 2022–2027 (USD MILLION)85
8.3SMES85
8.3.1ENHANCED CUSTOMER EXPERIENCE AND SECURITY INFRASTRUCTURE TO FUEL DEMAND FOR MULTI-CLOUD SOLUTIONS85
8.3.2SMES: MULTI-CLOUD SECURITY MARKET DRIVERS85
TABLE 27SMES: MULTI-CLOUD SECURITY MARKET, BY REGION, 2016–2021 (USD MILLION)86
TABLE 28SMES: MULTI-CLOUD SECURITY MARKET, BY REGION, 2022–2027 (USD MILLION)86
9MULTI-CLOUD SECURITY MARKET, BY APPLICATION87
9.1INTRODUCTION88
FIGURE 29APPLICATION SECURITY SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD88
TABLE 29MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2016–2021 (USD MILLION)88
TABLE 30MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2022–2027 (USD MILLION)88
9.2NETWORK SECURITY89
9.2.1INTEGRATION OF CLOUD PLATFORMS AND DEPLOYMENT OF VIRTUAL SECURITY GATEWAYS TO DRIVE MARKET89
9.2.2NETWORK SECURITY: MULTI-CLOUD SECURITY MARKET DRIVERS89
TABLE 31NETWORK SECURITY: MULTI-CLOUD SECURITY MARKET, BY REGION, 2016–2021 (USD MILLION)89
TABLE 32NETWORK SECURITY: MULTI-CLOUD SECURITY MARKET, BY REGION, 2022–2027 (USD MILLION)89
9.3APPLICATION SECURITY90
9.3.1ABILITY TO PROTECT APPLICATIONS AND DATA IN COLLABORATIVE CLOUD ENVIRONMENTS TO DRIVE MARKET90
9.3.2APPLICATION SECURITY: MULTI-CLOUD SECURITY MARKET DRIVERS90
TABLE 33APPLICATION SECURITY: MULTI-CLOUD SECURITY MARKET, BY REGION, 2016–2021 (USD MILLION)90
TABLE 34APPLICATION SECURITY: MULTI-CLOUD SECURITY MARKET, BY REGION, 2022–2027 (USD MILLION)90
9.4ENDPOINT AND IOT DEVICE SECURITY91
9.4.1STRONG FOCUS ON REMEDIATING THREATS AND SECURING ENDPOINT NETWORKS TO DRIVE MARKET91
9.4.2ENDPOINT AND IOT DEVICE SECURITY: MULTI-CLOUD SECURITY MARKET DRIVERS91
TABLE 35ENDPOINT AND IOT DEVICE SECURITY: MULTI-CLOUD SECURITY MARKET, BY REGION, 2016–2021 (USD MILLION)91
TABLE 36ENDPOINT AND IOT DEVICE SECURITY: MULTI-CLOUD SECURITY MARKET, BY REGION, 2022–2027 (USD MILLION)92
10MULTI-CLOUD SECURITY MARKET, BY VERTICALS93
10.1INTRODUCTION94
FIGURE 30RETAIL AND E-COMMERCE SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD94
TABLE 37MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2016–2021 (USD MILLION)95
TABLE 38MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2022–2027 (USD MILLION)95
10.2BFSI95
10.2.1RISING NEED TO PROTECT SENSITIVE DATA FROM CLOUD ATTACKS TO INCREASE NEED FOR SECURITY SOLUTIONS95
10.2.2BFSI: MULTI-CLOUD SECURITY MARKET DRIVERS96
TABLE 39BFSI: MULTI-CLOUD SECURITY MARKET, BY REGION, 2016–2021 (USD MILLION)96
TABLE 40BFSI: MULTI-CLOUD SECURITY MARKET, BY REGION, 2022–2027 (USD MILLION)96
10.3HEALTHCARE97
10.3.1RISING NEED TO PROTECT CRITICAL DIGITAL DATA TO INCREASE REQUIREMENT FOR VIRTUALIZED SOLUTIONS97
10.3.2HEALTHCARE: MULTI-CLOUD SECURITY MARKET DRIVERS97
TABLE 41HEALTHCARE: MULTI-CLOUD SECURITY MARKET, BY REGION, 2016–2021 (USD MILLION)97
TABLE 42HEALTHCARE: MULTI-CLOUD SECURITY MARKET, BY REGION, 2022–2027 (USD MILLION)98
10.4TELECOMMUNICATION98
10.4.1GROWING TREND TO DELIVER ENHANCED DIGITAL EXPERIENCES AND RISING NEED TO ENCOUNTER CLOUD-BASED CYBER ATTACKS TO DRIVE MARKET98
10.4.2TELECOMMUNICATION: MULTI-CLOUD SECURITY MARKET DRIVERS98
TABLE 43TELECOMMUNICATION: MULTI-CLOUD SECURITY MARKET, BY REGION, 2016–2021 (USD MILLION)99
TABLE 44TELECOMMUNICATION: MULTI-CLOUD SECURITY MARKET, BY REGION, 2022–2027 (USD MILLION)99
10.5IT AND ITES99
10.5.1RISING TREND OF REMOTE WORK TO DRIVE UTILIZATION OF SECURITY SERVICES99
10.5.2IT AND ITES: MULTI-CLOUD SECURITY MARKET DRIVERS100
TABLE 45IT AND ITES: MULTI-CLOUD SECURITY MARKET, BY REGION, 2016–2021 (USD MILLION)100
TABLE 46IT AND ITES: MULTI-CLOUD SECURITY MARKET, BY REGION, 2022–2027 (USD MILLION)100
10.6RETAIL AND E-COMMERCE100
10.6.1GROWING TREND OF RETAIL APPS AND E-COMMERCE TO DRIVE MARKET100
10.6.2RETAIL AND E-COMMERCE: MULTI-CLOUD SECURITY MARKET DRIVERS101
TABLE 47RETAIL AND E-COMMERCE: MULTI-CLOUD SECURITY MARKET, BY REGION, 2016–2021 (USD MILLION)101
TABLE 48RETAIL AND E-COMMERCE: MULTI-CLOUD SECURITY MARKET, BY REGION, 2022–2027 (USD MILLION)101
10.7MEDIA AND ENTERTAINMENT102
10.7.1RISING NEED FOR SCALABILITY AND STORAGE OF DATA TO BOOST DEMAND FOR SECURITY SOLUTIONS102
10.7.2MEDIA AND ENTERTAINMENT: MULTI-CLOUD SECURITY MARKET DRIVERS102
TABLE 49MEDIA AND ENTERTAINMENT: MULTI-CLOUD SECURITY MARKET, BY REGION, 2016–2021 (USD MILLION)102
TABLE 50MEDIA AND ENTERTAINMENT: MULTI-CLOUD SECURITY MARKET, BY REGION, 2022–2027 (USD MILLION)103
10.8MANUFACTURING103
10.8.1DATA BREACHES TO SUPPORT ADOPTION OF MULTI-CLOUD SECURITY SOLUTIONS BY MANUFACTURING FIRMS103
10.8.2MANUFACTURING: MULTI-CLOUD SECURITY MARKET DRIVERS103
TABLE 51MANUFACTURING: MULTI-CLOUD SECURITY MARKET, BY REGION, 2016–2021 (USD MILLION)103
TABLE 52MANUFACTURING: MULTI-CLOUD SECURITY MARKET, BY REGION, 2022–2027 (USD MILLION)104
10.9OTHER VERTICALS104
10.9.1OTHER VERTICALS: MULTI-CLOUD SECURITY MARKET DRIVERS104
11MULTI-CLOUD SECURITY MARKET, BY REGION105
11.1INTRODUCTION106
FIGURE 31ASIA PACIFIC TO RECORD HIGHEST CAGR DURING FORECAST PERIOD106
TABLE 53MULTI-CLOUD SECURITY MARKET, BY REGION, 2016–2021 (USD MILLION)106
TABLE 54MULTI-CLOUD SECURITY MARKET, BY REGION, 2022–2027 (USD MILLION)107
11.2NORTH AMERICA107
11.2.1NORTH AMERICA: MARKET DRIVERS108
11.2.2NORTH AMERICA: REGULATORY LANDSCAPE108
FIGURE 32NORTH AMERICA: MARKET SNAPSHOT109
TABLE 55NORTH AMERICA: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2016–2021 (USD MILLION)109
TABLE 56NORTH AMERICA: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2022–2027 (USD MILLION)110
TABLE 57NORTH AMERICA: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2016–2021 (USD MILLION)110
TABLE 58NORTH AMERICA: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2022–2027 (USD MILLION)110
TABLE 59NORTH AMERICA: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION)110
TABLE 60NORTH AMERICA: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)111
TABLE 61NORTH AMERICA: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2016–2021 (USD MILLION)111
TABLE 62NORTH AMERICA: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2022–2027 (USD MILLION)111
TABLE 63NORTH AMERICA: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2016–2021 (USD MILLION)112
TABLE 64NORTH AMERICA: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2022–2027 (USD MILLION)112
TABLE 65NORTH AMERICA: MULTI-CLOUD SECURITY MARKET, BY COUNTRY, 2016–2021 (USD MILLION)113
TABLE 66NORTH AMERICA: MULTI-CLOUD SECURITY MARKET, BY COUNTRY, 2022–2027 (USD MILLION)113
11.2.3UNITED STATES113
11.2.3.1Presence of key multi-cloud security vendors and stringent regulatory requirements to drive market113
TABLE 67UNITED STATES: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2016–2021 (USD MILLION)113
TABLE 68UNITED STATES: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2022–2027 (USD MILLION)114
TABLE 69UNITED STATES: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2016–2021 (USD MILLION)114
TABLE 70UNITED STATES: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2022–2027 (USD MILLION)114
TABLE 71UNITED STATES: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION)114
TABLE 72UNITED STATES: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)115
TABLE 73UNITED STATES: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2016–2021 (USD MILLION)115
TABLE 74UNITED STATES: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2022–2027 (USD MILLION)115
TABLE 75UNITED STATES: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2016–2021 (USD MILLION)116
TABLE 76UNITED STATES: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2022–2027 (USD MILLION)116
11.2.4CANADA117
11.2.4.1Favorable government initiatives and support to drive market117
TABLE 77CANADA: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2016–2021 (USD MILLION)117
TABLE 78CANADA: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2022–2027 (USD MILLION)117
TABLE 79CANADA: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2016–2021 (USD MILLION)118
TABLE 80CANADA: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2022–2027 (USD MILLION)118
TABLE 81CANADA: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION)118
TABLE 82CANADA: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)118
TABLE 83CANADA: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2016–2021 (USD MILLION)119
TABLE 84CANADA: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2022–2027 (USD MILLION)119
TABLE 85CANADA: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2016–2021 (USD MILLION)119
TABLE 86CANADA: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2022–2027 (USD MILLION)120
11.3EUROPE120
11.3.1EUROPE: MARKET DRIVERS120
11.3.2EUROPE: REGULATORY LANDSCAPE121
TABLE 87EUROPE: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2016–2021 (USD MILLION)121
TABLE 88EUROPE: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2022–2027 (USD MILLION)122
TABLE 89EUROPE: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2016–2021 (USD MILLION)122
TABLE 90EUROPE: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2022–2027 (USD MILLION)122
TABLE 91EUROPE: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION)122
TABLE 92EUROPE: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)123
TABLE 93EUROPE: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2016–2021 (USD MILLION)123
TABLE 94EUROPE: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2022–2027 (USD MILLION)123
TABLE 95EUROPE: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2016–2021 (USD MILLION)124
TABLE 96EUROPE: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2022–2027 (USD MILLION)124
TABLE 97EUROPE: MULTI-CLOUD SECURITY MARKET, BY COUNTRY, 2016–2021 (USD MILLION)125
TABLE 98EUROPE: MULTI-CLOUD SECURITY MARKET, BY COUNTRY, 2022–2027 (USD MILLION)125
11.3.3UNITED KINGDOM125
11.3.3.1Rising government-initiated awareness to propel growth125
TABLE 99UNITED KINGDOM: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2016–2021 (USD MILLION)126
TABLE 100UNITED KINGDOM: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2022–2027 (USD MILLION)126
TABLE 101UNITED KINGDOM: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2016–2021 (USD MILLION)126
TABLE 102UNITED KINGDOM: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2022–2027 (USD MILLION)126
TABLE 103UNITED KINGDOM: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION)127
TABLE 104UNITED KINGDOM: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)127
TABLE 105UNITED KINGDOM: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2016–2021 (USD MILLION)127
TABLE 106UNITED KINGDOM: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2022–2027 (USD MILLION)127
TABLE 107UNITED KINGDOM: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2016–2021 (USD MILLION)128
TABLE 108UNITED KINGDOM: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2022–2027 (USD MILLION)128
11.3.4GERMANY129
11.3.4.1Cloud strategy initiative to drive adoption of security solutions129
TABLE 109GERMANY: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2016–2021 (USD MILLION)129
TABLE 110GERMANY: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2022–2027 (USD MILLION)129
TABLE 111GERMANY: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2016–2021 (USD MILLION)130
TABLE 112GERMANY: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2022–2027 (USD MILLION)130
TABLE 113GERMANY: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION)130
TABLE 114GERMANY: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)130
TABLE 115GERMANY: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2016–2021 (USD MILLION)131
TABLE 116GERMANY: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2022–2027 (USD MILLION)131
TABLE 117GERMANY: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2016–2021 (USD MILLION)131
TABLE 118GERMANY: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2022–2027 (USD MILLION)132
11.3.5FRANCE132
11.3.5.1Rising collaborative efforts on cloud security among organizations to drive market132
TABLE 119FRANCE: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2016–2021 (USD MILLION)132
TABLE 120FRANCE: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2022–2027 (USD MILLION)133
TABLE 121FRANCE: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2016–2021 (USD MILLION)133
TABLE 122FRANCE: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2022–2027 (USD MILLION)133
TABLE 123FRANCE: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION)133
TABLE 124FRANCE: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)134
TABLE 125FRANCE: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2016–2021 (USD MILLION)134
TABLE 126FRANCE: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2022–2027 (USD MILLION)134
TABLE 127FRANCE: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2016–2021 (USD MILLION)135
TABLE 128FRANCE: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2022–2027 (USD MILLION)135
11.3.6REST OF EUROPE136
TABLE 129REST OF EUROPE: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2016–2021 (USD MILLION)136
TABLE 130REST OF EUROPE: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2022–2027 (USD MILLION)136
TABLE 131REST OF EUROPE: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2016–2021 (USD MILLION)137
TABLE 132REST OF EUROPE: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2022–2027 (USD MILLION)137
TABLE 133REST OF EUROPE: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION)137
TABLE 134REST OF EUROPE: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)137
TABLE 135REST OF EUROPE: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2016–2021 (USD MILLION)138
TABLE 136REST OF EUROPE: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2022–2027 (USD MILLION)138
TABLE 137REST OF EUROPE: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2016–2021 (USD MILLION)138
TABLE 138REST OF EUROPE: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2022–2027 (USD MILLION)139
11.4ASIA PACIFIC139
11.4.1ASIA PACIFIC: MARKET DRIVERS139
11.4.2ASIA PACIFIC: REGULATORY LANDSCAPE140
FIGURE 33ASIA PACIFIC: MARKET SNAPSHOT141
TABLE 139ASIA PACIFIC: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2016–2021 (USD MILLION)141
TABLE 140ASIA PACIFIC: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2022–2027 (USD MILLION)142
TABLE 141ASIA PACIFIC: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2016–2021 (USD MILLION)142
TABLE 142ASIA PACIFIC: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2022–2027 (USD MILLION)142
TABLE 143ASIA PACIFIC: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION)143
TABLE 144ASIA PACIFIC: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)143
TABLE 145ASIA PACIFIC: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2016–2021 (USD MILLION)143
TABLE 146ASIA PACIFIC: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2022–2027 (USD MILLION)143
TABLE 147ASIA PACIFIC: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2016–2021 (USD MILLION)144
TABLE 148ASIA PACIFIC: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2022–2027 (USD MILLION)144
TABLE 149ASIA PACIFIC: MULTI-CLOUD SECURITY MARKET, BY COUNTRY, 2016–2021 (USD MILLION)145
TABLE 150ASIA PACIFIC: MULTI-CLOUD SECURITY MARKET, BY COUNTRY, 2022–2027 (USD MILLION)145
11.4.3CHINA145
11.4.3.1Rising utilization of multi-cloud deployments in organizations to drive market145
TABLE 151CHINA: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2016–2021 (USD MILLION)146
TABLE 152CHINA: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2022–2027 (USD MILLION)146
TABLE 153CHINA: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2016–2021 (USD MILLION)146
TABLE 154CHINA: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2022–2027 (USD MILLION)146
TABLE 155CHINA: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION)147
TABLE 156CHINA: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)147
TABLE 157CHINA: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2016–2021 (USD MILLION)147
TABLE 158CHINA: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2022–2027 (USD MILLION)147
TABLE 159CHINA: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2016–2021 (USD MILLION)148
TABLE 160CHINA: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2022–2027 (USD MILLION)148
11.4.4JAPAN149
11.4.4.1Digital transformation initiatives to drive market149
TABLE 161JAPAN: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2016–2021 (USD MILLION)149
TABLE 162JAPAN: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2022–2027 (USD MILLION)149
TABLE 163JAPAN: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2016–2021 (USD MILLION)149
TABLE 164JAPAN: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2022–2027 (USD MILLION)150
TABLE 165JAPAN: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION)150
TABLE 166JAPAN: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)150
TABLE 167JAPAN: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2016–2021 (USD MILLION)150
TABLE 168JAPAN: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2022–2027 (USD MILLION)151
TABLE 169JAPAN: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2016–2021 (USD MILLION)151
TABLE 170JAPAN: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2022–2027 (USD MILLION)151
11.4.5INDIA152
11.4.5.1Growing adoption of multi-cloud technology by SMEs and large enterprises to drive market152
TABLE 171INDIA: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2016–2021 (USD MILLION)152
TABLE 172INDIA: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2022–2027 (USD MILLION)152
TABLE 173INDIA: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2016–2021 (USD MILLION)153
TABLE 174INDIA: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2022–2027 (USD MILLION)153
TABLE 175INDIA: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION)153
TABLE 176INDIA: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)153
TABLE 177INDIA: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2016–2021 (USD MILLION)154
TABLE 178INDIA: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2022–2027 (USD MILLION)154
TABLE 179INDIA: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2016–2021 (USD MILLION)154
TABLE 180INDIA: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2022–2027 (USD MILLION)155
11.4.6SINGAPORE155
11.4.6.1Increasing adoption of multi-cloud technology to support market growth155
TABLE 181SINGAPORE: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2016–2021 (USD MILLION)155
TABLE 182SINGAPORE: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2022–2027 (USD MILLION)156
TABLE 183SINGAPORE: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2016–2021 (USD MILLION)156
TABLE 184SINGAPORE: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2022–2027 (USD MILLION)156
TABLE 185SINGAPORE: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION)156
TABLE 186SINGAPORE: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)157
TABLE 187SINGAPORE: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2016–2021 (USD MILLION)157
TABLE 188SINGAPORE: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2022–2027 (USD MILLION)157
TABLE 189SINGAPORE: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2016–2021 (USD MILLION)158
TABLE 190SINGAPORE: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2022–2027 (USD MILLION)158
11.4.7REST OF ASIA PACIFIC159
TABLE 191REST OF ASIA PACIFIC: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2016–2021 (USD MILLION)159
TABLE 192REST OF ASIA PACIFIC: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2022–2027 (USD MILLION)159
TABLE 193REST OF ASIA PACIFIC: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2016–2021 (USD MILLION)160
TABLE 194REST OF ASIA PACIFIC: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2022–2027 (USD MILLION)160
TABLE 195REST OF ASIA PACIFIC: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION)160
TABLE 196REST OF ASIA PACIFIC: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)160
TABLE 197REST OF ASIA PACIFIC: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2016–2021 (USD MILLION)161
TABLE 198REST OF ASIA PACIFIC: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2022–2027 (USD MILLION)161
TABLE 199REST OF ASIA PACIFIC: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2016–2021 (USD MILLION)161
TABLE 200REST OF ASIA PACIFIC: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2022–2027 (USD MILLION)162
Some of the factors driving the market growth include implementation of stringent regulatory standards, and the requirement by organizations for a unified multi-cloud security solution. However, limited skilled expertise for deployment of multi-cloud security solutions is expected to hinder the market growth.
SMEs segment to grow at highest CAGR during the forecast period
According to the Organization for Economic Co-operation and Development (OECD), SMEs employ fewer than a given number of employees. This number varies across countries. The most frequent upper limit designating an SME is 250 employees in the European Union. However, some countries set the limit at 200 employees, while the US considers SMEs to include firms with fewer than 500 employees. SMEs are moving towards adopting multi-cloud security solutions and services. SMEs often possess limited budgets and a limited number of employees. Using more than one cloud vendor provides optimum security and disaster backup recovery.
Data and workload can be maintained in different cloud platforms to maintain compliance with data security regulations. A major concern for SMEs is the cost of cloud services, and pricing is a major challenge. Although, with the adoption of multi-cloud security solutions, SMEs can choose vendors with the best pricing based on requirements. The provisions of businesses are susceptible to change and need to be scalable.
Using multi-cloud solutions allows companies to switch vendors and services as per requirements, thus giving SMEs the leverage to boost productivity and functionality. The multi-cloud deployment helps avoid vendor lock-in, evaluates the terms and conditions of each vendor cloud service, and supports profit gain. Moreover, cybercrimes are growing in sophistication, adding risk to the IT networks of enterprises. According to a report by CyberPeace Foundation, Cybersecurity for SMEs and startups, 43% of cyberattacks target small businesses. Multi-cloud security solutions help enhance the security infrastructure of SMEs, thereby driving the growth of this segment.
IaaS segment to hold the largest market size during forecast period
IaaS is a form of cloud computing where equipment is provided and managed by an external provider. The equipment and instruments in the cloud environment can include a variety, from virtual servers to network connections and load balancers. The virtualization of the hardware allows businesses to scale their IT solutions easily. Virtualization of hardware also additionally helps growing companies or those working on temporary projects with the ability to scale their businesses. IaaS delivers computing infrastructure as on-demand services.
The user purchases servers or network equipment in this model and rents resources through a fully outsourced and on-demand service model. It enables scalability, and the resources are distributed as a service. Popular infrastructure services include Amazon's Elastic Compute, the Google Compute Engine, and Microsoft Azure. IaaS has become a target for cyberattacks attempting to hijack IaaS resources to launch denial-of-service attacks, run botnets, or mine cryptocurrencies. Attackers who successfully infiltrate an organizations’ infrastructure resources, can leverage those accounts to access other parts of the enterprise architecture. The adoption of multi-cloud security solutions and services help create a secure environment.
Asia Pacific to grow at the highest CAGR during the forecast period
Asia Pacific is experiencing increasing digitalization in the recent years. According to the Asia Pacific Economic Cooperation, SMEs are the engines of growth in the Asia Pacific region. They contribute significantly to the economic growth. These firms are increasingly adopting multi cloud infrastructure for deploying their organizations’ resources. The new age startups and unicorns across the region are focusing more on managing applications and product delivery. This factor has led to organizations moving towards serverless computing and cloud infrastructure.
According to the multi-cloud maturity index report, commissioned by VMware, 98% of respondents from India and Singapore reported that multi cloud had a positive impact on revenue growth, while 79% of those from Japan, mentioned the same. Several initiatives are being taken up by the governments and organizations in the region, related to cloud-based solutions. The region is also witnessing increasing cyberattacks. According to IBM global analysis, Asia is the most targeted region by cyberattacks, representing 26% of the attacks analyzed in 2021. Factors including increasing digitalization and growing cyberattacks are the major factors fueling the adoption of multi-cloud security solutions and services.
Breakdown of Primaries
The primary sources from the supply side included various industry experts, including Chief Executive Officers (CEOs), Vice Presidents (VPs), marketing directors, technology and innovation directors, and related key executives from various key companies and organizations operating in the multi-cloud security market.
•By Company Type: Tier 1: 35%, Tier 2: 45%, and Tier 3: 20%
•By Designation: C-level: 40%, Managerial and Other levels: 60%
•By Region: Asia Pacific: 45%, Europe: 35%, and North America: 20%
The major multi-cloud security market vendors include Microsoft (US), VMware (US), Rackspace (UK), Check Point (Israel), F5 (US), Amazon Web Services (US), Fujitsu (Japan), Entrust (US), Google Cloud (US), Cloudflare (US), IBM (US), Cloud4C (Singapore), Proofpoint (US), Lacework (US), BMC Software (US), SonicWall (US), Atos (France), Imperva (US), Micro Focus (UK), Aqua Security (Israel), Aviatrix (US), Saviynt (US), Tufin (US), Distology (UK), Fortanix (US), Illumio (US), Fidelis Cybersecurity (US), Valtix (US), Orca Security (US), Ascend Technologies (US), Ermetic (US), Caveonix (US), and AccuKnox (US).
Research Coverage
The report segments the multi-cloud security market and forecasts its size, by offering (solutions, services), cloud model (IaaS, PaaS, and SaaS), application (network security, application security, and endpoint and IoT security), verticals (BFSI, healthcare, IT &ITeS, retail and eCommerce, and others), organization size (large enterprises, SMEs), and region (North America, Europe, Asia Pacific, Middle East and Africa, and Latin America).
The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key Benefits of Buying Report
The report is expected to help the leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall multi-cloud security market and sub-segments. It will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report will also help stakeholders understand the pulse of the market and will provide them with information on key market drivers, restraints, challenges, and opportunities.
1INTRODUCTION30
1.1STUDY OBJECTIVES30
1.2MARKET DEFINITION30
1.2.1INCLUSIONS AND EXCLUSIONS31
1.3MARKET SCOPE32
1.3.1MARKET SEGMENTATION32
1.3.2REGIONS COVERED33
1.3.3YEARS CONSIDERED33
1.4CURRENCY CONSIDERED34
TABLE 1USD EXCHANGE RATES, 2020–202134
1.5STAKEHOLDERS34
2RESEARCH METHODOLOGY35
2.1RESEARCH DATA35
FIGURE 1MULTI-CLOUD SECURITY MARKET: RESEARCH DESIGN35
2.1.1SECONDARY DATA36
2.1.2PRIMARY DATA36
2.1.2.1Breakup of primaries36
2.1.2.2Key industry insights37
2.2MARKET SIZE ESTIMATION37
2.2.1TOP-DOWN APPROACH38
2.2.2BOTTOM-UP APPROACH38
FIGURE 2MARKET SIZE ESTIMATION METHODOLOGY—APPROACH 1 (SUPPLY-SIDE): REVENUE FROM SOFTWARE/SERVICES OF MULTI-CLOUD SECURITY VENDORS38
FIGURE 3MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY-SIDE) ANALYSIS39
FIGURE 4MULTI-CLOUD SECURITY MARKET ESTIMATION APPROACH: RESEARCH FLOW39
FIGURE 5MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2, BOTTOM-UP (DEMAND-SIDE)40
2.3DATA TRIANGULATION41
FIGURE 6MULTI-CLOUD SECURITY MARKET: DATA TRIANGULATION41
2.4MARKET FORECAST42
TABLE 2FACTOR ANALYSIS42
2.5COMPANY EVALUATION QUADRANT METHODOLOGY43
FIGURE 7COMPANY EVALUATION QUADRANT: CRITERIA WEIGHTAGE43
2.6EVALUATION QUADRANT METHODOLOGY FOR STARTUPS44
FIGURE 8EVALUATION QUADRANT FOR STARTUPS: CRITERIA WEIGHTAGE44
2.7STUDY ASSUMPTIONS45
2.8LIMITATIONS46
FIGURE 9MULTI-CLOUD SECURITY MARKET: LIMITATIONS46
3EXECUTIVE SUMMARY47
FIGURE 10MULTI-CLOUD SECURITY MARKET TO WITNESS HIGH GROWTH DURING FORECAST PERIOD48
FIGURE 11MULTI-CLOUD SECURITY MARKET: SEGMENTATION SNAPSHOT48
FIGURE 12MULTI-CLOUD SECURITY MARKET: REGIONAL SNAPSHOT49
4PREMIUM INSIGHTS50
4.1ATTRACTIVE OPPORTUNITIES FOR MARKET PLAYERS50
FIGURE 13INCREASING ADOPTION OF MULTI-CLOUD SECURITY SOLUTIONS DUE TO RISING CYBERATTACKS TO DRIVE MARKET GROWTH50
4.2MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2022–202750
FIGURE 14SOLUTIONS SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD50
4.3MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2022–202751
FIGURE 15IAAS SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD51
4.4MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2022–202751
FIGURE 16LARGE ENTERPRISES SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD51
4.5MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2022–202752
FIGURE 17BFSI SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD52
4.6REGIONAL GROWTH OPPORTUNITIES52
FIGURE 18ASIA PACIFIC REGION TO OFFER LUCRATIVE OPPORTUNITIES FOR GROWTH DURING FORECAST PERIOD52
5MARKET OVERVIEW AND INDUSTRY TRENDS53
5.1INTRODUCTION53
5.2MARKET DYNAMICS53
FIGURE 19MULTI-CLOUD SECURITY MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES53
5.2.1DRIVERS54
5.2.1.1Rising need for unified multi-cloud security solutions due to Increasing cyberattacks54
5.2.1.2Growing government support for multi-cloud security solutions54
5.2.2RESTRAINTS54
5.2.2.1Shortage of skills necessary to deploy multi-cloud security solutions54
5.2.3OPPORTUNITIES55
5.2.3.1Adoption of BYOD and remote working models55
5.2.4CHALLENGES55
5.2.4.1Complexities associated with multi-cloud security solutions and services55
5.2.4.2Disaster recovery planning55
5.3ECOSYSTEM MAPPING56
FIGURE 20MULTI-CLOUD SECURITY MARKET: ECOSYSTEM56
TABLE 3MULTI-CLOUD SECURITY MARKET: ECOSYSTEM ROLE56
5.4TECHNOLOGY ANALYSIS57
5.4.1AI/ML AND MULTI-CLOUD SECURITY57
5.4.2BIG DATA ANALYTICS AND MULTI-CLOUD SECURITY57
5.4.3BLOCKCHAIN TECHNOLOGY WITH MULTI-CLOUD SECURITY57
5.4.4ZERO TRUST NETWORK ACCESS57
5.4.5CLOUD-NATIVE APPLICATION PROTECTION PLATFORM58
5.5REGULATORY LANDSCAPE58
5.5.1PAYMENT CARD INDUSTRY DATA SECURITY STANDARD (PCI–DSS)58
5.5.2GENERAL DATA PROTECTION REGULATION (GDPR)58
5.5.3CALIFORNIA CONSUMER PRIVACY ACT (CCPA)59
5.5.4PERSONAL INFORMATION PROTECTION AND ELECTRONIC DOCUMENTS ACT (PIPEDA)59
5.5.5HEALTH INSURANCE PORTABILITY AND ACCOUNTABILITY ACT (HIPAA)59
5.5.6INTERNATIONAL ORGANIZATION FOR STANDARDIZATION (ISO) STANDARD 2700159
5.5.7REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS60
TABLE 4LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS60
5.6PATENT ANALYSIS61
FIGURE 21MULTI-CLOUD SECURITY MARKET: PATENT ANALYSIS61
5.7USE CASES62
5.7.1USE CASE 1: AQUA SECURITY HELPS NCR CORPORATION TO SECURELY TRANSIT TO MULTI-CLOUD MICROSERVICES APPLICATION62
5.7.2USE CASE 2: VIUTV CHOOSES CLOUDGUARD CLOUD SECURITY POSTURE MANAGEMENT TO SECURE MULTI-CLOUD ENVIRONMENT63
5.7.3USE CASE 3: O.C. TANNER PROTECTS CUSTOMER DATA ACROSS HYBRID, MULTI-CLOUD, AND MULTI-SITE ENVIRONMENTS63
5.7.4USE CASE 4: CADENCE USES CLOUDGUARD POSTURE MANAGEMENT FOR ROBUST SECURITY ACROSS ITS MULTI-CLOUD ENVIRONMENT64
5.8PRICING ANALYSIS65
TABLE 5MULTI-CLOUD SECURITY MARKET: AVERAGE SELLING PRICE OF PRODUCTS OFFERED BY KEY PLAYERS65
5.8.1AVERAGE SELLING PRICE (ASP) TREND65
5.9SUPPLY CHAIN ANALYSIS66
FIGURE 22MULTI-CLOUD SECURITY MARKET: SUPPLY CHAIN66
5.9.1MULTI-CLOUD SECURITY SOLUTION AND SERVICE PROVIDERS66
5.9.2SYSTEM INTEGRATORS66
5.9.3SALES SERVICE PROVIDERS AND DISTRIBUTERS66
5.9.4END USERS67
5.10PORTER’S FIVE FORCES MODEL ANALYSIS67
FIGURE 23MULTI-CLOUD SECURITY MARKET: PORTER’S FIVE FORCE ANALYSIS67
TABLE 6MULTI-CLOUD SECURITY MARKET: IMPACT OF PORTER’S FIVE FORCES68
5.10.1THREAT OF NEW ENTRANTS68
5.10.2THREAT OF SUBSTITUTES68
5.10.3BARGAINING POWER OF SUPPLIERS68
5.10.4BARGAINING POWER OF BUYERS69
5.10.5INTENSITY OF COMPETITIVE RIVALRY69
5.11TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES69
FIGURE 24MULTI-CLOUD SECURITY MARKET: TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES69
5.12KEY STAKEHOLDERS AND BUYING CRITERIA70
5.12.1IMPACT OF KEY STAKEHOLDERS ON BUYING PROCESS70
FIGURE 25INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS (%)70
TABLE 7INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS (%)70
5.13KEY CONFERENCES AND EVENTS, 2022–202371
TABLE 8MULTI-CLOUD SECURITY MARKET: LIST OF CONFERENCES AND EVENTS71
6MULTI-CLOUD SECURITY MARKET, BY OFFERING72
6.1INTRODUCTION73
FIGURE 26SERVICES SEGMENT TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD73
TABLE 9MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2016–2021 (USD MILLION)73
TABLE 10MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2022–2027 (USD MILLION)73
6.2SOLUTIONS74
6.2.1INCREASING CYBER THREATS TO FUEL DEMAND74
6.2.2SOLUTIONS: MULTI-CLOUD SECURITY MARKET DRIVERS74
TABLE 11SOLUTIONS: MULTI-CLOUD SECURITY MARKET, BY REGION, 2016–2021 (USD MILLION)74
TABLE 12SOLUTIONS: MULTI-CLOUD SECURITY MARKET, BY REGION, 2022–2027 (USD MILLION)75
6.3SERVICES75
6.3.1RISING DEPLOYMENT OF MULTI-CLOUD SECURITY SOLUTIONS TO CREATE NEED FOR SERVICES75
6.3.2SERVICES: MULTI-CLOUD SECURITY MARKET DRIVERS75
TABLE 13SERVICES: MULTI-CLOUD SECURITY MARKET, BY REGION, 2016–2021 (USD MILLION)76
TABLE 14SERVICES: MULTI-CLOUD SECURITY MARKET, BY REGION, 2022–2027 (USD MILLION)76
7MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL77
7.1INTRODUCTION78
FIGURE 27SAAS SEGMENT TO RECORD HIGHEST CAGR DURING FORECAST PERIOD78
TABLE 15MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2016–2021 (USD MILLION)78
TABLE 16MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2022–2027 (USD MILLION)78
7.2INFRASTRUCTURE-AS-A-SERVICE (IAAS)79
7.2.1VIRTUALIZATION OF HARDWARE AND ENHANCED SCALABILITY TO DRIVE MARKET79
7.2.2IAAS: MULTI-CLOUD SECURITY MARKET DRIVERS79
TABLE 17IAAS: MULTI-CLOUD SECURITY MARKET, BY REGION, 2016–2021 (USD MILLION)79
TABLE 18IAAS: MULTI-CLOUD SECURITY MARKET, BY REGION, 2022–2027 (USD MILLION)79
7.3PLATFORM-AS-A-SERVICE (PAAS)80
7.3.1SUBSCRIPTION-BASED MODELS WITH STREAMLINED INTEGRATION TO SUPPORT MARKET GROWTH80
7.3.2PAAS: MULTI-CLOUD SECURITY MARKET DRIVERS80
TABLE 19PAAS: MULTI-CLOUD SECURITY MARKET, BY REGION, 2016–2021 (USD MILLION)80
TABLE 20PAAS: MULTI-CLOUD SECURITY MARKET, BY REGION, 2022–2027 (USD MILLION)80
7.4SOFTWARE-AS-A-SERVICE (SAAS)81
7.4.1COST-EFFICIENT MODEL WITH ENHANCED FLEXIBILITY TO DRIVE MARKET81
7.4.2SAAS: MULTI-CLOUD SECURITY MARKET DRIVERS81
TABLE 21SAAS: MULTI-CLOUD SECURITY MARKET, BY REGION, 2016–2021 (USD MILLION)81
TABLE 22SAAS: MULTI-CLOUD SECURITY MARKET, BY REGION, 2022–2027 (USD MILLION)81
8MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE82
8.1INTRODUCTION83
FIGURE 28SMES SEGMENT TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD83
TABLE 23MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION)83
TABLE 24MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)83
8.2LARGE ENTERPRISES84
8.2.1MINIMIZED VENDOR LOCK-INS AND REGULATORY COMPLIANCE TO DRIVE ADOPTION84
8.2.2LARGE ENTERPRISES: MULTI-CLOUD SECURITY MARKET DRIVERS84
TABLE 25LARGE ENTERPRISES: MULTI-CLOUD SECURITY MARKET, BY REGION, 2016–2021 (USD MILLION)84
TABLE 26LARGE ENTERPRISES: MULTI-CLOUD SECURITY MARKET, BY REGION, 2022–2027 (USD MILLION)85
8.3SMES85
8.3.1ENHANCED CUSTOMER EXPERIENCE AND SECURITY INFRASTRUCTURE TO FUEL DEMAND FOR MULTI-CLOUD SOLUTIONS85
8.3.2SMES: MULTI-CLOUD SECURITY MARKET DRIVERS85
TABLE 27SMES: MULTI-CLOUD SECURITY MARKET, BY REGION, 2016–2021 (USD MILLION)86
TABLE 28SMES: MULTI-CLOUD SECURITY MARKET, BY REGION, 2022–2027 (USD MILLION)86
9MULTI-CLOUD SECURITY MARKET, BY APPLICATION87
9.1INTRODUCTION88
FIGURE 29APPLICATION SECURITY SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD88
TABLE 29MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2016–2021 (USD MILLION)88
TABLE 30MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2022–2027 (USD MILLION)88
9.2NETWORK SECURITY89
9.2.1INTEGRATION OF CLOUD PLATFORMS AND DEPLOYMENT OF VIRTUAL SECURITY GATEWAYS TO DRIVE MARKET89
9.2.2NETWORK SECURITY: MULTI-CLOUD SECURITY MARKET DRIVERS89
TABLE 31NETWORK SECURITY: MULTI-CLOUD SECURITY MARKET, BY REGION, 2016–2021 (USD MILLION)89
TABLE 32NETWORK SECURITY: MULTI-CLOUD SECURITY MARKET, BY REGION, 2022–2027 (USD MILLION)89
9.3APPLICATION SECURITY90
9.3.1ABILITY TO PROTECT APPLICATIONS AND DATA IN COLLABORATIVE CLOUD ENVIRONMENTS TO DRIVE MARKET90
9.3.2APPLICATION SECURITY: MULTI-CLOUD SECURITY MARKET DRIVERS90
TABLE 33APPLICATION SECURITY: MULTI-CLOUD SECURITY MARKET, BY REGION, 2016–2021 (USD MILLION)90
TABLE 34APPLICATION SECURITY: MULTI-CLOUD SECURITY MARKET, BY REGION, 2022–2027 (USD MILLION)90
9.4ENDPOINT AND IOT DEVICE SECURITY91
9.4.1STRONG FOCUS ON REMEDIATING THREATS AND SECURING ENDPOINT NETWORKS TO DRIVE MARKET91
9.4.2ENDPOINT AND IOT DEVICE SECURITY: MULTI-CLOUD SECURITY MARKET DRIVERS91
TABLE 35ENDPOINT AND IOT DEVICE SECURITY: MULTI-CLOUD SECURITY MARKET, BY REGION, 2016–2021 (USD MILLION)91
TABLE 36ENDPOINT AND IOT DEVICE SECURITY: MULTI-CLOUD SECURITY MARKET, BY REGION, 2022–2027 (USD MILLION)92
10MULTI-CLOUD SECURITY MARKET, BY VERTICALS93
10.1INTRODUCTION94
FIGURE 30RETAIL AND E-COMMERCE SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD94
TABLE 37MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2016–2021 (USD MILLION)95
TABLE 38MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2022–2027 (USD MILLION)95
10.2BFSI95
10.2.1RISING NEED TO PROTECT SENSITIVE DATA FROM CLOUD ATTACKS TO INCREASE NEED FOR SECURITY SOLUTIONS95
10.2.2BFSI: MULTI-CLOUD SECURITY MARKET DRIVERS96
TABLE 39BFSI: MULTI-CLOUD SECURITY MARKET, BY REGION, 2016–2021 (USD MILLION)96
TABLE 40BFSI: MULTI-CLOUD SECURITY MARKET, BY REGION, 2022–2027 (USD MILLION)96
10.3HEALTHCARE97
10.3.1RISING NEED TO PROTECT CRITICAL DIGITAL DATA TO INCREASE REQUIREMENT FOR VIRTUALIZED SOLUTIONS97
10.3.2HEALTHCARE: MULTI-CLOUD SECURITY MARKET DRIVERS97
TABLE 41HEALTHCARE: MULTI-CLOUD SECURITY MARKET, BY REGION, 2016–2021 (USD MILLION)97
TABLE 42HEALTHCARE: MULTI-CLOUD SECURITY MARKET, BY REGION, 2022–2027 (USD MILLION)98
10.4TELECOMMUNICATION98
10.4.1GROWING TREND TO DELIVER ENHANCED DIGITAL EXPERIENCES AND RISING NEED TO ENCOUNTER CLOUD-BASED CYBER ATTACKS TO DRIVE MARKET98
10.4.2TELECOMMUNICATION: MULTI-CLOUD SECURITY MARKET DRIVERS98
TABLE 43TELECOMMUNICATION: MULTI-CLOUD SECURITY MARKET, BY REGION, 2016–2021 (USD MILLION)99
TABLE 44TELECOMMUNICATION: MULTI-CLOUD SECURITY MARKET, BY REGION, 2022–2027 (USD MILLION)99
10.5IT AND ITES99
10.5.1RISING TREND OF REMOTE WORK TO DRIVE UTILIZATION OF SECURITY SERVICES99
10.5.2IT AND ITES: MULTI-CLOUD SECURITY MARKET DRIVERS100
TABLE 45IT AND ITES: MULTI-CLOUD SECURITY MARKET, BY REGION, 2016–2021 (USD MILLION)100
TABLE 46IT AND ITES: MULTI-CLOUD SECURITY MARKET, BY REGION, 2022–2027 (USD MILLION)100
10.6RETAIL AND E-COMMERCE100
10.6.1GROWING TREND OF RETAIL APPS AND E-COMMERCE TO DRIVE MARKET100
10.6.2RETAIL AND E-COMMERCE: MULTI-CLOUD SECURITY MARKET DRIVERS101
TABLE 47RETAIL AND E-COMMERCE: MULTI-CLOUD SECURITY MARKET, BY REGION, 2016–2021 (USD MILLION)101
TABLE 48RETAIL AND E-COMMERCE: MULTI-CLOUD SECURITY MARKET, BY REGION, 2022–2027 (USD MILLION)101
10.7MEDIA AND ENTERTAINMENT102
10.7.1RISING NEED FOR SCALABILITY AND STORAGE OF DATA TO BOOST DEMAND FOR SECURITY SOLUTIONS102
10.7.2MEDIA AND ENTERTAINMENT: MULTI-CLOUD SECURITY MARKET DRIVERS102
TABLE 49MEDIA AND ENTERTAINMENT: MULTI-CLOUD SECURITY MARKET, BY REGION, 2016–2021 (USD MILLION)102
TABLE 50MEDIA AND ENTERTAINMENT: MULTI-CLOUD SECURITY MARKET, BY REGION, 2022–2027 (USD MILLION)103
10.8MANUFACTURING103
10.8.1DATA BREACHES TO SUPPORT ADOPTION OF MULTI-CLOUD SECURITY SOLUTIONS BY MANUFACTURING FIRMS103
10.8.2MANUFACTURING: MULTI-CLOUD SECURITY MARKET DRIVERS103
TABLE 51MANUFACTURING: MULTI-CLOUD SECURITY MARKET, BY REGION, 2016–2021 (USD MILLION)103
TABLE 52MANUFACTURING: MULTI-CLOUD SECURITY MARKET, BY REGION, 2022–2027 (USD MILLION)104
10.9OTHER VERTICALS104
10.9.1OTHER VERTICALS: MULTI-CLOUD SECURITY MARKET DRIVERS104
11MULTI-CLOUD SECURITY MARKET, BY REGION105
11.1INTRODUCTION106
FIGURE 31ASIA PACIFIC TO RECORD HIGHEST CAGR DURING FORECAST PERIOD106
TABLE 53MULTI-CLOUD SECURITY MARKET, BY REGION, 2016–2021 (USD MILLION)106
TABLE 54MULTI-CLOUD SECURITY MARKET, BY REGION, 2022–2027 (USD MILLION)107
11.2NORTH AMERICA107
11.2.1NORTH AMERICA: MARKET DRIVERS108
11.2.2NORTH AMERICA: REGULATORY LANDSCAPE108
FIGURE 32NORTH AMERICA: MARKET SNAPSHOT109
TABLE 55NORTH AMERICA: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2016–2021 (USD MILLION)109
TABLE 56NORTH AMERICA: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2022–2027 (USD MILLION)110
TABLE 57NORTH AMERICA: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2016–2021 (USD MILLION)110
TABLE 58NORTH AMERICA: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2022–2027 (USD MILLION)110
TABLE 59NORTH AMERICA: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION)110
TABLE 60NORTH AMERICA: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)111
TABLE 61NORTH AMERICA: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2016–2021 (USD MILLION)111
TABLE 62NORTH AMERICA: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2022–2027 (USD MILLION)111
TABLE 63NORTH AMERICA: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2016–2021 (USD MILLION)112
TABLE 64NORTH AMERICA: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2022–2027 (USD MILLION)112
TABLE 65NORTH AMERICA: MULTI-CLOUD SECURITY MARKET, BY COUNTRY, 2016–2021 (USD MILLION)113
TABLE 66NORTH AMERICA: MULTI-CLOUD SECURITY MARKET, BY COUNTRY, 2022–2027 (USD MILLION)113
11.2.3UNITED STATES113
11.2.3.1Presence of key multi-cloud security vendors and stringent regulatory requirements to drive market113
TABLE 67UNITED STATES: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2016–2021 (USD MILLION)113
TABLE 68UNITED STATES: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2022–2027 (USD MILLION)114
TABLE 69UNITED STATES: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2016–2021 (USD MILLION)114
TABLE 70UNITED STATES: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2022–2027 (USD MILLION)114
TABLE 71UNITED STATES: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION)114
TABLE 72UNITED STATES: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)115
TABLE 73UNITED STATES: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2016–2021 (USD MILLION)115
TABLE 74UNITED STATES: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2022–2027 (USD MILLION)115
TABLE 75UNITED STATES: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2016–2021 (USD MILLION)116
TABLE 76UNITED STATES: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2022–2027 (USD MILLION)116
11.2.4CANADA117
11.2.4.1Favorable government initiatives and support to drive market117
TABLE 77CANADA: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2016–2021 (USD MILLION)117
TABLE 78CANADA: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2022–2027 (USD MILLION)117
TABLE 79CANADA: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2016–2021 (USD MILLION)118
TABLE 80CANADA: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2022–2027 (USD MILLION)118
TABLE 81CANADA: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION)118
TABLE 82CANADA: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)118
TABLE 83CANADA: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2016–2021 (USD MILLION)119
TABLE 84CANADA: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2022–2027 (USD MILLION)119
TABLE 85CANADA: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2016–2021 (USD MILLION)119
TABLE 86CANADA: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2022–2027 (USD MILLION)120
11.3EUROPE120
11.3.1EUROPE: MARKET DRIVERS120
11.3.2EUROPE: REGULATORY LANDSCAPE121
TABLE 87EUROPE: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2016–2021 (USD MILLION)121
TABLE 88EUROPE: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2022–2027 (USD MILLION)122
TABLE 89EUROPE: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2016–2021 (USD MILLION)122
TABLE 90EUROPE: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2022–2027 (USD MILLION)122
TABLE 91EUROPE: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION)122
TABLE 92EUROPE: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)123
TABLE 93EUROPE: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2016–2021 (USD MILLION)123
TABLE 94EUROPE: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2022–2027 (USD MILLION)123
TABLE 95EUROPE: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2016–2021 (USD MILLION)124
TABLE 96EUROPE: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2022–2027 (USD MILLION)124
TABLE 97EUROPE: MULTI-CLOUD SECURITY MARKET, BY COUNTRY, 2016–2021 (USD MILLION)125
TABLE 98EUROPE: MULTI-CLOUD SECURITY MARKET, BY COUNTRY, 2022–2027 (USD MILLION)125
11.3.3UNITED KINGDOM125
11.3.3.1Rising government-initiated awareness to propel growth125
TABLE 99UNITED KINGDOM: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2016–2021 (USD MILLION)126
TABLE 100UNITED KINGDOM: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2022–2027 (USD MILLION)126
TABLE 101UNITED KINGDOM: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2016–2021 (USD MILLION)126
TABLE 102UNITED KINGDOM: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2022–2027 (USD MILLION)126
TABLE 103UNITED KINGDOM: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION)127
TABLE 104UNITED KINGDOM: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)127
TABLE 105UNITED KINGDOM: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2016–2021 (USD MILLION)127
TABLE 106UNITED KINGDOM: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2022–2027 (USD MILLION)127
TABLE 107UNITED KINGDOM: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2016–2021 (USD MILLION)128
TABLE 108UNITED KINGDOM: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2022–2027 (USD MILLION)128
11.3.4GERMANY129
11.3.4.1Cloud strategy initiative to drive adoption of security solutions129
TABLE 109GERMANY: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2016–2021 (USD MILLION)129
TABLE 110GERMANY: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2022–2027 (USD MILLION)129
TABLE 111GERMANY: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2016–2021 (USD MILLION)130
TABLE 112GERMANY: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2022–2027 (USD MILLION)130
TABLE 113GERMANY: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION)130
TABLE 114GERMANY: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)130
TABLE 115GERMANY: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2016–2021 (USD MILLION)131
TABLE 116GERMANY: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2022–2027 (USD MILLION)131
TABLE 117GERMANY: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2016–2021 (USD MILLION)131
TABLE 118GERMANY: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2022–2027 (USD MILLION)132
11.3.5FRANCE132
11.3.5.1Rising collaborative efforts on cloud security among organizations to drive market132
TABLE 119FRANCE: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2016–2021 (USD MILLION)132
TABLE 120FRANCE: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2022–2027 (USD MILLION)133
TABLE 121FRANCE: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2016–2021 (USD MILLION)133
TABLE 122FRANCE: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2022–2027 (USD MILLION)133
TABLE 123FRANCE: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION)133
TABLE 124FRANCE: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)134
TABLE 125FRANCE: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2016–2021 (USD MILLION)134
TABLE 126FRANCE: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2022–2027 (USD MILLION)134
TABLE 127FRANCE: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2016–2021 (USD MILLION)135
TABLE 128FRANCE: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2022–2027 (USD MILLION)135
11.3.6REST OF EUROPE136
TABLE 129REST OF EUROPE: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2016–2021 (USD MILLION)136
TABLE 130REST OF EUROPE: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2022–2027 (USD MILLION)136
TABLE 131REST OF EUROPE: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2016–2021 (USD MILLION)137
TABLE 132REST OF EUROPE: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2022–2027 (USD MILLION)137
TABLE 133REST OF EUROPE: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION)137
TABLE 134REST OF EUROPE: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)137
TABLE 135REST OF EUROPE: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2016–2021 (USD MILLION)138
TABLE 136REST OF EUROPE: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2022–2027 (USD MILLION)138
TABLE 137REST OF EUROPE: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2016–2021 (USD MILLION)138
TABLE 138REST OF EUROPE: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2022–2027 (USD MILLION)139
11.4ASIA PACIFIC139
11.4.1ASIA PACIFIC: MARKET DRIVERS139
11.4.2ASIA PACIFIC: REGULATORY LANDSCAPE140
FIGURE 33ASIA PACIFIC: MARKET SNAPSHOT141
TABLE 139ASIA PACIFIC: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2016–2021 (USD MILLION)141
TABLE 140ASIA PACIFIC: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2022–2027 (USD MILLION)142
TABLE 141ASIA PACIFIC: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2016–2021 (USD MILLION)142
TABLE 142ASIA PACIFIC: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2022–2027 (USD MILLION)142
TABLE 143ASIA PACIFIC: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION)143
TABLE 144ASIA PACIFIC: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)143
TABLE 145ASIA PACIFIC: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2016–2021 (USD MILLION)143
TABLE 146ASIA PACIFIC: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2022–2027 (USD MILLION)143
TABLE 147ASIA PACIFIC: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2016–2021 (USD MILLION)144
TABLE 148ASIA PACIFIC: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2022–2027 (USD MILLION)144
TABLE 149ASIA PACIFIC: MULTI-CLOUD SECURITY MARKET, BY COUNTRY, 2016–2021 (USD MILLION)145
TABLE 150ASIA PACIFIC: MULTI-CLOUD SECURITY MARKET, BY COUNTRY, 2022–2027 (USD MILLION)145
11.4.3CHINA145
11.4.3.1Rising utilization of multi-cloud deployments in organizations to drive market145
TABLE 151CHINA: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2016–2021 (USD MILLION)146
TABLE 152CHINA: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2022–2027 (USD MILLION)146
TABLE 153CHINA: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2016–2021 (USD MILLION)146
TABLE 154CHINA: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2022–2027 (USD MILLION)146
TABLE 155CHINA: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION)147
TABLE 156CHINA: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)147
TABLE 157CHINA: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2016–2021 (USD MILLION)147
TABLE 158CHINA: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2022–2027 (USD MILLION)147
TABLE 159CHINA: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2016–2021 (USD MILLION)148
TABLE 160CHINA: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2022–2027 (USD MILLION)148
11.4.4JAPAN149
11.4.4.1Digital transformation initiatives to drive market149
TABLE 161JAPAN: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2016–2021 (USD MILLION)149
TABLE 162JAPAN: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2022–2027 (USD MILLION)149
TABLE 163JAPAN: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2016–2021 (USD MILLION)149
TABLE 164JAPAN: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2022–2027 (USD MILLION)150
TABLE 165JAPAN: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION)150
TABLE 166JAPAN: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)150
TABLE 167JAPAN: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2016–2021 (USD MILLION)150
TABLE 168JAPAN: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2022–2027 (USD MILLION)151
TABLE 169JAPAN: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2016–2021 (USD MILLION)151
TABLE 170JAPAN: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2022–2027 (USD MILLION)151
11.4.5INDIA152
11.4.5.1Growing adoption of multi-cloud technology by SMEs and large enterprises to drive market152
TABLE 171INDIA: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2016–2021 (USD MILLION)152
TABLE 172INDIA: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2022–2027 (USD MILLION)152
TABLE 173INDIA: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2016–2021 (USD MILLION)153
TABLE 174INDIA: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2022–2027 (USD MILLION)153
TABLE 175INDIA: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION)153
TABLE 176INDIA: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)153
TABLE 177INDIA: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2016–2021 (USD MILLION)154
TABLE 178INDIA: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2022–2027 (USD MILLION)154
TABLE 179INDIA: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2016–2021 (USD MILLION)154
TABLE 180INDIA: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2022–2027 (USD MILLION)155
11.4.6SINGAPORE155
11.4.6.1Increasing adoption of multi-cloud technology to support market growth155
TABLE 181SINGAPORE: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2016–2021 (USD MILLION)155
TABLE 182SINGAPORE: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2022–2027 (USD MILLION)156
TABLE 183SINGAPORE: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2016–2021 (USD MILLION)156
TABLE 184SINGAPORE: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2022–2027 (USD MILLION)156
TABLE 185SINGAPORE: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION)156
TABLE 186SINGAPORE: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)157
TABLE 187SINGAPORE: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2016–2021 (USD MILLION)157
TABLE 188SINGAPORE: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2022–2027 (USD MILLION)157
TABLE 189SINGAPORE: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2016–2021 (USD MILLION)158
TABLE 190SINGAPORE: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2022–2027 (USD MILLION)158
11.4.7REST OF ASIA PACIFIC159
TABLE 191REST OF ASIA PACIFIC: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2016–2021 (USD MILLION)159
TABLE 192REST OF ASIA PACIFIC: MULTI-CLOUD SECURITY MARKET, BY OFFERING, 2022–2027 (USD MILLION)159
TABLE 193REST OF ASIA PACIFIC: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2016–2021 (USD MILLION)160
TABLE 194REST OF ASIA PACIFIC: MULTI-CLOUD SECURITY MARKET, BY CLOUD MODEL, 2022–2027 (USD MILLION)160
TABLE 195REST OF ASIA PACIFIC: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION)160
TABLE 196REST OF ASIA PACIFIC: MULTI-CLOUD SECURITY MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)160
TABLE 197REST OF ASIA PACIFIC: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2016–2021 (USD MILLION)161
TABLE 198REST OF ASIA PACIFIC: MULTI-CLOUD SECURITY MARKET, BY APPLICATION, 2022–2027 (USD MILLION)161
TABLE 199REST OF ASIA PACIFIC: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2016–2021 (USD MILLION)161
TABLE 200REST OF ASIA PACIFIC: MULTI-CLOUD SECURITY MARKET, BY VERTICALS, 2022–2027 (USD MILLION)162
Send To A Friend
SELECT A FORMAT
Related Report
Internet of Things (IoT) Sensors in Healthcare: Global Markets and Technologies
- BCC Research
- August 14, 2023
- $5,500.00
Global Internet Access Market Summary, Competitive Analysis and Forecast to 2027
- MarketLine
- July 7, 2023
- $350.00
Scandinavia Internet Access Market Summary, Competitive Analysis and Forecast to 2027
- MarketLine
- July 7, 2023
- $350.00
North America Internet Access Market Summary, Competitive Analysis and Forecast to 2027
- MarketLine
- July 7, 2023
- $350.00