Cloud Security Market by Offering (Solution and Services), Solutions (CASB, CWPP, CSPM, CDR, and CIEM), Services (Professional and Managed), Service Model (IaaS, SaaS, and PaaS), Type, Vertical, and Region - Global Forecast to 2028

Abstract
The global cloud security market size is projected to grow from USD 40.7 billion in 2023 to USD 62.9 billion by 2028 at a CAGR of 9.1% during the forecast period. The market growth in cloud security is fueled by various factors, including the high adoption of multi-cloud environments, the growing usage of advanced technologies such as AI and ML for cloud security, the increment in the BYOD and CYOD trends, the growth of DevSecOps approaches and practices, and increasing adoption of multi-cloud environments.

“By type, the Data Security segment will grow at the largest market size during the forecast period.”

Data Security holds the highest CAGR during the forecasted period in the cloud security market as it has grown rapidly with more businesses using cloud services to store their data. As cyber-attacks and data breaches increase, companies want better cloud information protection. There are also strict laws about data privacy that companies must follow. Additionally, with more people working remotely, securing data in the cloud has become even more important. Cloud providers and other companies offer specialized security solutions to keep data safe in the cloud. All these reasons have led to a significant increase in the demand for cloud data security, making it the fastest-growing segment in the market.

“By vertical, the BFSI segment will grow at the largest market size during the forecast period.”

The BFSI (Banking, Financial Services, and Insurance) vertical deals with a vast amount of sensitive customer financial data, making data security a critical concern. To maintain the security of the critical data and the trust of its customers and comply with stringent industry regulations such as GDPR, PCI DSS, and SOX, financial institutions are keen on investing in robust cloud security solutions. Moreover, the increasing adoption of cloud technology within the BFSI industry further drives the demand for cloud security solutions.

Cloud-based services offer flexibility, scalability, and cost-efficiency, prompting banks, financial firms, and insurance companies to embrace cloud infrastructure for their operations. However, this digital transformation also brings security challenges, necessitating advanced cloud security measures to protect against data breaches, cyber threats, and unauthorized access. To address these concerns, the BFSI sector is actively seeking comprehensive cloud security solutions to safeguard their valuable data and ensure compliance with industry regulations, solidifying its position as the largest market segment in the cloud security industry.

“North America is expected to account for the largest market size during the forecasted period.”

North America leads the cloud security market due to its robust regulatory environment and advanced cloud adoption practices. Organizations in the region prioritize data protection, leading to increased adoption of cloud security measures like encryption and data threat protection. A study revealed a high incidence of cloud-related security incidents in North America, emphasizing the need for strong security controls.

The public and private sectors also collaborate to develop guidelines and innovative solutions, while public-private partnerships promote knowledge sharing and threat intelligence. Moreover, stringent data protection regulations and several key players, startups, and SMEs in the region offering advanced cloud security solutions and services reinforce North America’s dominant position during the forecasted period in the cloud security market.

“Asia Pacific is anticipated to account for the highest CAGR during the forecasted period.”

The Asia Pacific region is experiencing significant digital transformation, with businesses and governments’ rapid adoption of cloud-based technologies. As more organizations shift their operations to the cloud, the demand for robust cloud security solutions increases. Secondly, the Asia Pacific region is witnessing a surge in cybersecurity threats and attacks, leading to a growing awareness of the importance of cloud security.

This heightened concern for data protection and privacy drives businesses to invest in advanced cloud security measures to safeguard sensitive information. Moreover, the region’s economic growth and increasing investments in IT infrastructure contribute to the expansion of cloud-based services. As companies modernize their operations and embrace cloud computing, adequate cloud security becomes even more critical to mitigate potential risks.

Additionally, governments in the Asia Pacific are implementing stringent data protection regulations, compelling organizations to prioritize cloud security compliance. This regulatory push encourages businesses to adopt robust cloud security solutions to meet compliance requirements. Furthermore, the region’s vast population and growing internet penetration create a fertile ground for cloud services adoption; as more individuals and businesses rely on cloud-based platforms and applications, the demand for secure cloud environments escalates, driving the cloud security market’s growth.

Breakdown of primaries
The study contains various industry experts’ insights, from suppliers/software developers to OEMs and Tier 1 vendors.

The break-up of the primaries is as follows:
•By Company Type: Tier 1 – 35%, Tier 2 – 45%, and Tier 3 – 20%
•By Designation: C-level – 40%, Managerial and Others– 60%
•By Region: North America – 20%, Europe – 35%, Asia Pacific – 45%

The key vendors in the global cloud security market include IBM (US), Broadcom (US), Check Point (Israel and US), Google (US), AWS (US), Zscaler (US), Akamai Technologies (US), Forcepoint (US), Fortinet (US), F5 (US), Qualys (US), TrendMicro (Japan), Palo Alto Networks (US), Proofpoint (US), Tenable (US), Netskope (US), Microsoft (US), Cisco (US), Imperva (US), Trellix (US), Rapid7 (US), Skyhigh Security (US), FireMon (US), Sysdig (US), LookOut (US), Fidelis Cybersecurity (US), DataTheorem (US), OpsCompass (US), Tufin (US), Menlo Security (US), Tigera (US), Orca Security (US), Ascend Technologies (US), Secberus (US), Ermetic (Israel), Sonrai Security (US), Wiz (US), Caveonix (US), Banyan cloud (US), and AccuKnox (US).

The study includes in-depth competitive intelligence covering company profiles, recent developments, and key market strategies.

Research Coverage
The report segments the cloud security market and forecasts its size by offerings (solution and services), keys (CASB, CWPP, CSPM, CDR, and CIEM), services (professional and managed), service model (IaaS, SaaS, and PaaS), type (visibility & risk assessment, governance, IAM, data security, and disaster recovery & business continuity), verticals (BFSI, healthcare, government, retail & eCommerce, IT & ITeS, manufacturing, gaming & entertainment, telecommunication, energy & utilities, travel & hospitality, and research & academia, and region (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America).

Key Benefits of Buying the Report
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall cloud security market and the subsegments. This report 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 also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:
•Analysis of key drivers (The growth of DevSecOps practices, Increasing adoption of multi-cloud environments), restraints (Lack of awareness, Complexity in cloud security management), opportunities (The developing cloud computing landscape, Growth of mobile computing), and challenges (Shortage of skilled security professionals, Securing data in transit and at rest).
•Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the cloud security market.
•Market Development: Comprehensive information about lucrative markets – the report analyses the cloud security market across varied regions.
•Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the cloud security market.
•Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like IBM (US), Broadcom (US), Check Point (Israel and US), Google (US), AWS (US), Zscaler (US), Akamai Technologies (US), Forcepoint (US), Fortinet (US), F5 (US), Qualys (US), TrendMicro (Japan), Palo Alto Networks (US), Proofpoint (US), Tenable (US), Netskope (US), Microsoft (US), Cisco (US), Imperva (US), Trellix (US), Rapid7 (US), among others in the cloud security market strategies.

Content
Table of Contents

1INTRODUCTION38
1.1STUDY OBJECTIVES38
1.2MARKET DEFINITION38
1.2.1INCLUSIONS & EXCLUSIONS38
1.3STUDY SCOPE40
1.3.1MARKET SEGMENTATION40
1.3.2REGIONS COVERED40
1.4YEARS CONSIDERED41
1.5CURRENCY CONSIDERED41
TABLE 1USD EXCHANGE RATES, 2017–202241
1.6STAKEHOLDERS42
1.7SUMMARY OF CHANGES43
2RESEARCH METHODOLOGY44
2.1RESEARCH DATA44
FIGURE 1RESEARCH DESIGN45
2.1.1SECONDARY DATA46
2.1.2PRIMARY DATA46
2.1.2.1Breakup of primaries47
2.1.2.2Key industry insights47
2.2DATA TRIANGULATION48
FIGURE 2DATA TRIANGULATION48
2.3MARKET SIZE ESTIMATION48
2.3.1TOP-DOWN APPROACH49
FIGURE 3APPROACH 1 (SUPPLY-SIDE): REVENUE FROM SOFTWARE/SERVICES OFFERED BY CLOUD SECURITY VENDORS49
FIGURE 4APPROACH 1: SUPPLY-SIDE ANALYSIS50
FIGURE 5CLOUD SECURITY MARKET ESTIMATION: RESEARCH FLOW50
2.3.2BOTTOM-UP APPROACH51
FIGURE 6APPROACH 2 (BOTTOM-UP; DEMAND-SIDE): PRODUCTS/SOLUTIONS/SERVICES51
2.4MARKET FORECAST52
TABLE 2FACTOR ANALYSIS52
2.5COMPANY EVALUATION METHODOLOGY FOR KEY PLAYERS53
FIGURE 7COMPANY EVALUATION MATRIX FOR KEY PLAYERS: CRITERIA WEIGHTAGE53
2.6COMPANY EVALUATION METHODOLOGY FOR STARTUPS/SMES54
FIGURE 8COMPANY EVALUATION MATRIX FOR STARTUPS/SMES: CRITERIA WEIGHTAGE54
2.7RESEARCH ASSUMPTIONS55
2.8LIMITATIONS AND RISK ASSESSMENT56
3EXECUTIVE SUMMARY57
FIGURE 9CLOUD SECURITY MARKET TO ACHIEVE SIGNIFICANT GROWTH DURING FORECAST PERIOD59
FIGURE 10CLOUD SECURITY MARKET: MAJOR SEGMENTS60
FIGURE 11CLOUD SECURITY MARKET: REGIONAL SNAPSHOT61
4PREMIUM INSIGHTS62
4.1ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN CLOUD SECURITY MARKET62
FIGURE 12RISE IN INVESTMENTS AND ORGANIC AND INORGANIC DEVELOPMENTS BY KEY VENDORS TO BOOST MARKET62
4.2CLOUD SECURITY MARKET, BY OFFERING, 2023 VS. 202862
FIGURE 13SOLUTIONS SEGMENT TO ACCOUNT FOR LARGER SHARE BY 202862
4.3CLOUD SECURITY MARKET, BY SOLUTION, 2023 VS. 202863
FIGURE 14CASB SEGMENT TO ACCOUNT FOR LARGEST SHARE BY 202863
4.4CLOUD SECURITY MARKET, BY SERVICE, 2023 VS. 202863
FIGURE 15PROFESSIONAL SERVICES SEGMENT TO LEAD MARKET DURING FORECAST PERIOD63
4.5CLOUD SECURITY MARKET, BY TYPE, 2023 VS. 202864
FIGURE 16VISIBILITY AND RISK ASSESSMENT SEGMENT TO LEAD MARKET DURING FORECAST PERIOD64
4.6CLOUD SECURITY MARKET, BY SERVICE MODEL, 2023 VS. 202864
FIGURE 17IAAS SEGMENT TO LEAD MARKET DURING FORECAST PERIOD64
4.7CLOUD SECURITY MARKET, BY VERTICAL, 2023 VS. 202865
FIGURE 18BFSI SEGMENT TO ACCOUNT FOR LARGEST SHARE DURING FORECAST PERIOD65
4.8MARKET INVESTMENT SCENARIO66
FIGURE 19ASIA PACIFIC TO EMERGE AS BEST MARKET FOR INVESTMENTS IN NEXT FIVE YEARS66
5MARKET OVERVIEW AND INDUSTRY TRENDS67
5.1INTRODUCTION67
FIGURE 20PILLARS OF CLOUD SECURITY67
5.2MARKET DYNAMICS68
FIGURE 21CLOUD SECURITY MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES68
5.2.1DRIVERS69
5.2.1.1Increasing adoption of multi-cloud environments69
5.2.1.2Growth of DevSecOps69
5.2.1.3High adoption of AI and ML solutions70
5.2.1.4Upsurge in BYOD and CYOD trends70
5.2.2RESTRAINTS71
5.2.2.1Lack of awareness regarding cloud security71
5.2.2.2Complexity in cloud security management71
5.2.2.3High navigation costs and stringent regulations72
5.2.2.4Reliance of organizations on cloud security providers72
5.2.3OPPORTUNITIES72
5.2.3.1Development of cloud computing landscape72
5.2.3.2Growth of mobile computing73
5.2.3.3High adoption of IoT devices73
5.2.3.4Sophistication of cybercriminals74
5.2.4CHALLENGES74
5.2.4.1Shortage of skilled security professionals74
5.2.4.2Difficulty securing data in transit75
5.3CLOUD SECURITY MARKET: SHARED RESPONSIBILITY MODEL75
FIGURE 22CLOUD SECURITY MARKET: SHARED RESPONSIBILITY MODEL75
5.4CASE STUDY ANALYSIS76
5.4.1FORTINET EMPOWERED AUTODESK WITH SCALABLE CLOUD SECURITY IN AWS ENVIRONMENT76
5.4.2FINANCIAL SERVICES COMPANIES DEPLOYED PALO ALTO NETWORKS’ PRISMA CLOUD SECURITY SUITE TO OPTIMIZE COMPUTING COSTS77
5.4.3ST. JOHN’S HOSPITAL ADOPTED MICROSOFT AZURE TO SECURE CLOUD INFRASTRUCTURE78
5.5VALUE CHAIN ANALYSIS79
FIGURE 23VALUE CHAIN ANALYSIS79
5.5.1CLOUD SECURITY VENDORS79
5.5.2TECHNOLOGY VENDORS79
5.5.2.1Cloud service providers79
5.5.2.2Regulatory bodies and compliance organizations80
5.5.2.3Auditing and certification80
5.5.3SYSTEM INTEGRATORS80
5.5.3.1Managed security service providers80
5.5.4TRAINING AND EDUCATION PROVIDERS80
5.5.5ENTERPRISES AND CUSTOMERS80
5.6ECOSYSTEM ANALYSIS81
FIGURE 24ECOSYSTEM MAP81
5.6.1ROLE OF PLAYERS IN MARKET ECOSYSTEM81
TABLE 3ROLE OF PLAYERS IN MARKET ECOSYSTEM81
5.7PORTER’S FIVE FORCES ANALYSIS82
FIGURE 25PORTER’S FIVE FORCES ANALYSIS82
TABLE 4IMPACT OF PORTER’S FIVE FORCES ANALYSIS ON CLOUD SECURITY MARKET82
5.7.1THREAT OF NEW ENTRANTS83
5.7.2THREAT OF SUBSTITUTES83
5.7.3BARGAINING POWER OF SUPPLIERS83
5.7.4BARGAINING POWER OF BUYERS83
5.7.5INTENSITY OF COMPETITIVE RIVALRY83
5.8PRICING MODEL ANALYSIS84
TABLE 5PRICING ANALYSIS84
5.9TECHNOLOGY ANALYSIS85
5.9.1IMPACT OF EDGE COMPUTING ON CLOUD SECURITY85
5.9.2IMPACT OF SERVERLESS COMPUTING ON CLOUD SECURITY86
5.9.3IMPACT OF SASE ON CLOUD SECURITY86
5.9.4IMPACT OF AUTOMATED CLOUD ORCHESTRATION ON CLOUD SECURITY87
5.9.5IMPACT OF MULTI-CLOUD ENVIRONMENTS ON CLOUD SECURITY87
5.10PATENT ANALYSIS88
FIGURE 26TOP 10 PATENT OWNERS88
5.11TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES89
FIGURE 27TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES89
5.12TARIFF AND REGULATORY LANDSCAPE90
5.12.1PAYMENT CARD INDUSTRY DATA SECURITY STANDARD (PCI–DSS)90
5.12.2GENERAL DATA PROTECTION REGULATION (GDPR)90
5.12.3CALIFORNIA CONSUMER PRIVACY ACT (CCPA)90
5.12.4PERSONAL INFORMATION PROTECTION AND ELECTRONIC DOCUMENTS ACT (PIPEDA)91
5.12.5HEALTH INSURANCE PORTABILITY AND ACCOUNTABILITY ACT (HIPAA)91
5.12.6INTERNATIONAL ORGANIZATION FOR STANDARDIZATION 27001 (ISO)91
5.13REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS92
TABLE 6LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS92
5.14KEY STAKEHOLDERS AND BUYING CRITERIA93
5.14.1KEY STAKEHOLDERS IN BUYING PROCESS93
FIGURE 28INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS93
TABLE 7INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS93
5.15KEY CONFERENCES & EVENTS, 2023–202494
TABLE 8KEY CONFERENCES & EVENTS, 2023–202494
6CLOUD SECURITY MARKET, BY OFFERING95
6.1INTRODUCTION96
6.1.1OFFERINGS: CLOUD SECURITY MARKET DRIVERS96
FIGURE 29SERVICES SEGMENT TO RECORD HIGHEST GROWTH DURING FORECAST PERIOD97
TABLE 9CLOUD SECURITY MARKET, BY OFFERING, 2017–2022 (USD MILLION)97
TABLE 10CLOUD SECURITY MARKET, BY OFFERING, 2023–2028 (USD MILLION)97
6.2SOLUTIONS98
TABLE 11SOLUTIONS: CLOUD SECURITY MARKET, BY REGION, 2017–2022 (USD MILLION)98
TABLE 12SOLUTIONS: CLOUD SECURITY MARKET, BY REGION, 2023–2028 (USD MILLION)98
FIGURE 30CIEM SEGMENT TO ACHIEVE HIGHEST GROWTH DURING FORECAST PERIOD99
TABLE 13CLOUD SECURITY MARKET, BY SOLUTION, 2017–2022 (USD MILLION)99
TABLE 14CLOUD SECURITY MARKET, BY SOLUTION, 2023–2028 (USD MILLION)99
6.2.1CASB100
6.2.1.1Focus on harnessing ability of CASBs to safeguard digital assets to propel demand100
FIGURE 31OVERVIEW OF CASB101
6.2.2CWPP101
6.2.2.1Demand to empower workload protection to spur growth of CWPP solutions101
FIGURE 32CLOUD WORKLOAD PROTECTION CONTROLS HIERARCHY103
6.2.3CSPM103
6.2.3.1Need to prioritize safeguarding of data and infrastructure in digital era to foster growth103
FIGURE 33CLOUD MANAGEMENT PLATFORM CAPABILITIES104
6.2.4CDR105
6.2.4.1Need for innovative approach to safeguard cloud applications to drive demand105
6.2.5CIEM106
6.2.5.1Rapid adoption of CIEM solutions for enhanced access governance and protection to boost market106
6.3SERVICES107
TABLE 15SERVICES: CLOUD SECURITY MARKET, BY REGION, 2017–2022 (USD MILLION)107
TABLE 16SERVICES: CLOUD SECURITY MARKET, BY REGION, 2023–2028 (USD MILLION)107
FIGURE 34MANAGED SERVICES SEGMENT TO ACHIEVE HIGHER GROWTH DURING FORECAST PERIOD108
TABLE 17CLOUD SECURITY MARKET, BY SERVICE, 2017–2022 (USD MILLION)108
TABLE 18CLOUD SECURITY MARKET, BY SERVICE, 2023–2028 (USD MILLION)108
6.3.1PROFESSIONAL SERVICES109
6.3.1.1Need to empower organizations with robust and secure cloud infrastructure to drive demand109
6.3.2MANAGED SERVICES110
6.3.2.1Focus on tackling security risks associated with cloud computing solutions to boost demand110
7CLOUD SECURITY MARKET, BY TYPE112
7.1INTRODUCTION113
FIGURE 35VISIBILITY AND RISK ASSESSMENT SEGMENT TO LEAD MARKET DURING FORECAST PERIOD113
TABLE 19CLOUD SECURITY MARKET, BY TYPE, 2017–2022 (USD MILLION)113
TABLE 20CLOUD SECURITY MARKET, BY TYPE, 2023–2028 (USD MILLION)114
7.2VISIBILITY AND RISK ASSESSMENT114
7.2.1SHIFT TOWARD CLOUD COMPUTING AND RAPID DIGITAL TRANSFORMATION TO DRIVE DEMAND114
TABLE 21VISIBILITY AND RISK ASSESSMENT: CLOUD SECURITY MARKET, BY REGION, 2017–2022 (USD MILLION)115
TABLE 22VISIBILITY AND RISK ASSESSMENT: CLOUD SECURITY MARKET, BY REGION, 2023–2028 (USD MILLION)115
7.3GOVERNANCE116
7.3.1INCREASED RELIANCE ON CLOUD COMPUTING TO ACHIEVE EFFICIENCY TO ENCOURAGE ADOPTION OF CLOUD SECURITY SOLUTIONS116
TABLE 23GOVERNANCE: CLOUD SECURITY MARKET, BY REGION, 2017–2022 (USD MILLION)117
TABLE 24GOVERNANCE: CLOUD SECURITY MARKET, BY REGION, 2023–2028 (USD MILLION)117
7.4IAM117
7.4.1NEED TO TRACK UNAUTHORIZED ACCESS AND DATA BREACHES TO ENCOURAGE USE OF IAM SOLUTIONS117
TABLE 25IAM: CLOUD SECURITY MARKET, BY REGION, 2017–2022 (USD MILLION)118
TABLE 26IAM: CLOUD SECURITY MARKET, BY REGION, 2023–2028 (USD MILLION)118
7.5DATA SECURITY118
7.5.1NEED TO SAFEGUARD AND IMPLEMENT DATA TO BOOST MARKET118
TABLE 27DATA SECURITY: CLOUD SECURITY MARKET, BY REGION, 2017–2022 (USD MILLION)119
TABLE 28DATA SECURITY: CLOUD SECURITY MARKET, BY REGION, 2023–2028 (USD MILLION)120
7.6DISASTER RECOVERY AND BUSINESS CONTINUITY120
7.6.1GROWING IMPORTANCE OF CLOUD-BASED DISASTER RECOVERY AND BUSINESS CONTINUITY TO ENCOURAGE GROWTH120
TABLE 29DISASTER RECOVERY AND BUSINESS CONTINUITY: CLOUD SECURITY MARKET, BY REGION, 2017–2022 (USD MILLION)121
TABLE 30DISASTER RECOVERY AND BUSINESS CONTINUITY: CLOUD SECURITY MARKET, BY REGION, 2023–2028 (USD MILLION)121
8CLOUD SECURITY MARKET, BY SERVICE MODEL122
8.1INTRODUCTION123
FIGURE 36IAAS SEGMENT TO LEAD MARKET DURING FORECAST PERIOD123
TABLE 31CLOUD SECURITY MARKET, BY SERVICE MODEL, 2017–2022 (USD MILLION)123
TABLE 32CLOUD SECURITY MARKET, BY SERVICE MODEL, 2023–2028 (USD MILLION)124
8.2IAAS124
8.2.1GROWING DEMAND FOR SECURE CLOUD INFRASTRUCTURE TO PROPEL MARKET124
TABLE 33IAAS: CLOUD SECURITY MARKET, BY REGION, 2017–2022 (USD MILLION)125
TABLE 34IAAS: CLOUD SECURITY MARKET, BY REGION, 2023–2028 (USD MILLION)125
8.3SAAS125
8.3.1ONGOING DIGITAL TRANSFORMATION AND FOCUS ON OPERATIONAL EFFICIENCY TO DRIVE MARKET125
TABLE 35SAAS: CLOUD SECURITY MARKET, BY REGION, 2017–2022 (USD MILLION)126
TABLE 36SAAS: CLOUD SECURITY MARKET, BY REGION, 2023–2028 (USD MILLION)126
8.4PAAS127
8.4.1RISING SECURITY IMPLICATIONS TO BOOST MARKET FOR PAAS SOLUTIONS127
TABLE 37PAAS: CLOUD SECURITY MARKET, BY REGION, 2017–2022 (USD MILLION)128
TABLE 38PAAS: CLOUD SECURITY MARKET, BY REGION, 2023–2028 (USD MILLION)128
9CLOUD SECURITY MARKET, BY VERTICAL129
9.1INTRODUCTION130
FIGURE 37RETAIL & ECOMMERCE SEGMENT TO LEAD MARKET DURING FORECAST PERIOD130
TABLE 39CLOUD SECURITY MARKET, BY VERTICAL, 2017–2022 (USD MILLION)131
TABLE 40CLOUD SECURITY MARKET, BY VERTICAL, 2023–2028 (USD MILLION)131
9.2BFSI132
9.2.1GROWING IMPORTANCE OF DATA CONFIDENTIALITY AND INTEGRITY TO DRIVE DEMAND132
TABLE 41BFSI: CLOUD SECURITY MARKET, BY REGION, 2017–2022 (USD MILLION)132
TABLE 42BFSI: CLOUD SECURITY MARKET, BY REGION, 2023–2028 (USD MILLION)133
9.3HEALTHCARE133
9.3.1RISING AWARENESS REGARDING PROTECTION OF PATIENT DATA TO BOOST GROWTH133
TABLE 43HEALTHCARE: CLOUD SECURITY MARKET, BY REGION, 2017–2022 (USD MILLION)134
TABLE 44HEALTHCARE: CLOUD SECURITY MARKET, BY REGION, 2023–2028 (USD MILLION)134
9.4GOVERNMENT134
9.4.1RISING DEPENDENCY OF GOVERNMENT INSTITUTIONS ON CLOUD SECURITY SOLUTIONS TO ENCOURAGE DEMAND134
TABLE 45GOVERNMENT: CLOUD SECURITY MARKET, BY REGION, 2017–2022 (USD MILLION)135
TABLE 46GOVERNMENT: CLOUD SECURITY MARKET, BY REGION, 2023–2028 (USD MILLION)135
9.5RETAIL & ECOMMERCE136
9.5.1RISING CUSTOMER EXPECTATIONS ABOUT DIGITAL TRANSFORMATION OF RETAIL & ECOMMERCE SECTOR TO ENHANCE GROWTH136
TABLE 47RETAIL & ECOMMERCE: CLOUD SECURITY MARKET, BY REGION, 2017–2022 (USD MILLION)136
TABLE 48RETAIL & ECOMMERCE: CLOUD SECURITY MARKET, BY REGION, 2023–2028 (USD MILLION)137
9.6IT & ITES137
9.6.1NEED TO SAFEGUARD ASSETS FROM SOPHISTICATED CYBERATTACKS TO ENCOURAGE USE OF CLOUD SECURITY SOLUTIONS IN IT & ITES SECTOR137
TABLE 49IT & ITES: CLOUD SECURITY MARKET, BY REGION, 2017–2022 (USD MILLION)138
TABLE 50IT & ITES: CLOUD SECURITY MARKET, BY REGION, 2023–2028 (USD MILLION)138
9.7MANUFACTURING138
9.7.1CAPABILITY OF CLOUD SECURITY SOLUTIONS TO ENSURE DATA CONFIDENTIALITY AND INTEGRITY TO BOOST DEMAND138
TABLE 51MANUFACTURING: CLOUD SECURITY MARKET, BY REGION, 2017–2022 (USD MILLION)139
TABLE 52MANUFACTURING: CLOUD SECURITY MARKET, BY REGION, 2023–2028 (USD MILLION)139
9.8GAMING & ENTERTAINMENT139
9.8.1NEED TO TIGHTEN SECURITY IN GAMING & ENTERTAINMENT VERTICAL TO DRIVE GROWTH139
TABLE 53GAMING & ENTERTAINMENT: CLOUD SECURITY MARKET, BY REGION, 2017–2022 (USD MILLION)140
TABLE 54GAMING & ENTERTAINMENT: CLOUD SECURITY MARKET, BY REGION, 2023–2028 (USD MILLION)140
9.9TELECOMMUNICATION140
9.9.1FOCUS ON IMPLEMENTING ROBUST CLOUD SECURITY MEASURES FOR TELECOM OPERATORS TO BOOST MARKET140
TABLE 55TELECOMMUNICATION: CLOUD SECURITY MARKET, BY REGION, 2017–2022 (USD MILLION)141
TABLE 56TELECOMMUNICATION: CLOUD SECURITY MARKET, BY REGION, 2023–2028 (USD MILLION)141
9.10ENERGY & UTILITIES142
9.10.1DEMAND FOR PROTECTING CRITICAL INFRASTRUCTURE WITH CLOUD SECURITY TO SUSTAIN GROWTH142
TABLE 57ENERGY & UTILITIES: CLOUD SECURITY MARKET, BY REGION, 2017–2022 (USD MILLION)142
TABLE 58ENERGY & UTILITIES: CLOUD SECURITY MARKET, BY REGION, 2023–2028 (USD MILLION)143
9.11TRAVEL & HOSPITALITY143
9.11.1GROWTH OF TRAVEL & HOSPITALITY SECTOR TO BOOST MARKET143
TABLE 59TRAVEL & HOSPITALITY: CLOUD SECURITY MARKET, BY REGION, 2017–2022 (USD MILLION)144
TABLE 60TRAVEL & HOSPITALITY: CLOUD SECURITY MARKET, BY REGION, 2023–2028 (USD MILLION)144
9.12RESEARCH & ACADEMIA144
9.12.1REALIZATION OF ESSENCE OF ENHANCING SECURITY IN RESEARCH & EDUCATION SECTOR TO ENCOURAGE GROWTH144
TABLE 61RESEARCH & ACADEMIA: CLOUD SECURITY MARKET, BY REGION, 2017–2022 (USD MILLION)145
TABLE 62RESEARCH & ACADEMIA: CLOUD SECURITY MARKET, BY REGION, 2023–2028 (USD MILLION)145
10CLOUD SECURITY MARKET, BY REGION146
10.1INTRODUCTION147
FIGURE 38ASIA PACIFIC TO GROW AT HIGHEST CAGR BY 2028147
TABLE 63CLOUD SECURITY MARKET, BY REGION, 2017–2022 (USD MILLION)148
TABLE 64CLOUD SECURITY MARKET, BY REGION, 2023–2028 (USD MILLION)148
10.2NORTH AMERICA148
10.2.1NORTH AMERICA: CLOUD SECURITY MARKET DRIVERS149
10.2.2NORTH AMERICA: RECESSION IMPACT149
10.2.3NORTH AMERICA: REGULATORY LANDSCAPE150
FIGURE 39NORTH AMERICA: CLOUD SECURITY MARKET SNAPSHOT151
TABLE 65NORTH AMERICA: CLOUD SECURITY MARKET, BY OFFERING, 2017–2022 (USD MILLION)152
TABLE 66NORTH AMERICA: CLOUD SECURITY MARKET, BY OFFERING, 2023–2028 (USD MILLION)152
TABLE 67NORTH AMERICA: CLOUD SECURITY MARKET, BY SOLUTION, 2017–2022 (USD MILLION)152
TABLE 68NORTH AMERICA: CLOUD SECURITY MARKET, BY SOLUTION, 2023–2028 (USD MILLION)152
TABLE 69NORTH AMERICA: CLOUD SECURITY MARKET, BY SERVICE, 2017–2022 (USD MILLION)153
TABLE 70NORTH AMERICA: CLOUD SECURITY MARKET, BY SERVICE, 2023–2028 (USD MILLION)153
TABLE 71NORTH AMERICA: CLOUD SECURITY MARKET, BY TYPE, 2017–2022 (USD MILLION)153
TABLE 72NORTH AMERICA: CLOUD SECURITY MARKET, BY TYPE, 2023–2028 (USD MILLION)154
TABLE 73NORTH AMERICA: CLOUD SECURITY MARKET, BY SERVICE MODEL, 2017–2022 (USD MILLION)154
TABLE 74NORTH AMERICA: CLOUD SECURITY MARKET, BY SERVICE MODEL, 2023–2028 (USD MILLION)154
TABLE 75NORTH AMERICA: CLOUD SECURITY MARKET, BY VERTICAL, 2017–2022 (USD MILLION)155
TABLE 76NORTH AMERICA: CLOUD SECURITY MARKET, BY VERTICAL, 2023–2028 (USD MILLION)155
TABLE 77NORTH AMERICA: CLOUD SECURITY MARKET, BY COUNTRY, 2017–2022 (USD MILLION)156
TABLE 78NORTH AMERICA: CLOUD SECURITY MARKET, BY COUNTRY, 2023–2028 (USD MILLION)156
10.2.4US156
10.2.4.1Rise of cloud computing and increased sophistication of cyberattacks to drive market156
TABLE 79US: CLOUD SECURITY MARKET, BY OFFERING, 2017–2022 (USD MILLION)157
TABLE 80US: CLOUD SECURITY MARKET, BY OFFERING, 2023–2028 (USD MILLION)157
TABLE 81US: CLOUD SECURITY MARKET, BY SOLUTION, 2017–2022 (USD MILLION)158
TABLE 82US: CLOUD SECURITY MARKET, BY SOLUTION, 2023–2028 (USD MILLION)158
TABLE 83US: CLOUD SECURITY MARKET, BY SERVICE, 2017–2022 (USD MILLION)158
TABLE 84US: CLOUD SECURITY MARKET, BY SERVICE, 2023–2028 (USD MILLION)159
TABLE 85US: CLOUD SECURITY MARKET, BY TYPE, 2017–2022 (USD MILLION)159
TABLE 86US: CLOUD SECURITY MARKET, BY TYPE, 2023–2028 (USD MILLION)159
TABLE 87US: CLOUD SECURITY MARKET, BY SERVICE MODEL, 2017–2022 (USD MILLION)160
TABLE 88US: CLOUD SECURITY MARKET, BY SERVICE MODEL, 2023–2028 (USD MILLION)160
TABLE 89US: CLOUD SECURITY MARKET, BY VERTICAL, 2017–2022 (USD MILLION)160
TABLE 90US: CLOUD SECURITY MARKET, BY VERTICAL, 2023–2028 (USD MILLION)161
10.2.5CANADA161
10.2.5.1Technological advancements and government initiatives to strengthen market161
TABLE 91CANADA: CLOUD SECURITY MARKET, BY OFFERING, 2017–2022 (USD MILLION)162
TABLE 92CANADA: CLOUD SECURITY MARKET, BY OFFERING, 2023–2028 (USD MILLION)162
TABLE 93CANADA: CLOUD SECURITY MARKET, BY SOLUTION, 2017–2022 (USD MILLION)162
TABLE 94CANADA: CLOUD SECURITY MARKET, BY SOLUTION, 2023–2028 (USD MILLION)163
TABLE 95CANADA: CLOUD SECURITY MARKET, BY SERVICE, 2017–2022 (USD MILLION)163
TABLE 96CANADA: CLOUD SECURITY MARKET, BY SERVICE, 2023–2028 (USD MILLION)163
TABLE 97CANADA: CLOUD SECURITY MARKET, BY TYPE, 2017–2022 (USD MILLION)164
TABLE 98CANADA: CLOUD SECURITY MARKET, BY TYPE, 2023–2028 (USD MILLION)164
TABLE 99CANADA: CLOUD SECURITY MARKET, BY SERVICE MODEL, 2017–2022 (USD MILLION)164
TABLE 100CANADA: CLOUD SECURITY MARKET, BY SERVICE MODEL, 2023–2028 (USD MILLION)165
TABLE 101CANADA: CLOUD SECURITY MARKET, BY VERTICAL, 2017–2022 (USD MILLION)165
TABLE 102CANADA: CLOUD SECURITY MARKET, BY VERTICAL, 2023–2028 (USD MILLION)166
10.3EUROPE166
10.3.1EUROPE: CLOUD SECURITY MARKET DRIVERS167
10.3.2EUROPE: RECESSION IMPACT167
10.3.3EUROPE: REGULATORY LANDSCAPE168
TABLE 103EUROPE: CLOUD SECURITY MARKET, BY OFFERING, 2017–2022 (USD MILLION)169
TABLE 104EUROPE: CLOUD SECURITY MARKET, BY OFFERING, 2023–2028 (USD MILLION)169
TABLE 105EUROPE: CLOUD SECURITY MARKET, BY SOLUTION, 2017–2022 (USD MILLION)169
TABLE 106EUROPE: CLOUD SECURITY MARKET, BY SOLUTION, 2023–2028 (USD MILLION)170
TABLE 107EUROPE: CLOUD SECURITY MARKET, BY SERVICE, 2017–2022 (USD MILLION)170
TABLE 108EUROPE: CLOUD SECURITY MARKET, BY SERVICE, 2023–2028 (USD MILLION)170
TABLE 109EUROPE: CLOUD SECURITY MARKET, BY TYPE, 2017–2022 (USD MILLION)171
TABLE 110EUROPE: CLOUD SECURITY MARKET, BY TYPE, 2023–2028 (USD MILLION)171
TABLE 111EUROPE: CLOUD SECURITY MARKET, BY SERVICE MODEL, 2017–2022 (USD MILLION)171
TABLE 112EUROPE: CLOUD SECURITY MARKET, BY SERVICE MODEL, 2023–2028 (USD MILLION)172
TABLE 113EUROPE: CLOUD SECURITY MARKET, BY VERTICAL, 2017–2022 (USD MILLION)172
TABLE 114EUROPE: CLOUD SECURITY MARKET, BY VERTICAL, 2023–2028 (USD MILLION)173
TABLE 115EUROPE: CLOUD SECURITY MARKET, BY COUNTRY, 2017–2022 (USD MILLION)173
TABLE 116EUROPE: CLOUD SECURITY MARKET, BY COUNTRY, 2023–2028 (USD MILLION)174
10.3.4UK174
10.3.4.1Adoption of cloud services and migration of businesses to cloud to boost growth174
TABLE 117UK: CLOUD SECURITY MARKET, BY OFFERING, 2017–2022 (USD MILLION)175
TABLE 118UK: CLOUD SECURITY MARKET, BY OFFERING, 2023–2028 (USD MILLION)175
TABLE 119UK: CLOUD SECURITY MARKET, BY SOLUTION, 2017–2022 (USD MILLION)175
TABLE 120UK: CLOUD SECURITY MARKET, BY SOLUTION, 2023–2028 (USD MILLION)176
TABLE 121UK: CLOUD SECURITY MARKET, BY SERVICE, 2017–2022 (USD MILLION)176
TABLE 122UK: CLOUD SECURITY MARKET, BY SERVICE, 2023–2028 (USD MILLION)176
TABLE 123UK: CLOUD SECURITY MARKET, BY TYPE, 2017–2022 (USD MILLION)177
TABLE 124UK: CLOUD SECURITY MARKET, BY TYPE, 2023–2028 (USD MILLION)177
TABLE 125UK: CLOUD SECURITY MARKET, BY SERVICE MODEL, 2017–2022 (USD MILLION)177
TABLE 126UK: CLOUD SECURITY MARKET, BY SERVICE MODEL, 2023–2028 (USD MILLION)178
TABLE 127UK: CLOUD SECURITY MARKET, BY VERTICAL, 2017–2022 (USD MILLION)178
TABLE 128UK: CLOUD SECURITY MARKET, BY VERTICAL, 2023–2028 (USD MILLION)179
10.3.5GERMANY179
10.3.5.1Strong economy and commitment to innovation to drive market179
TABLE 129GERMANY: CLOUD SECURITY MARKET, BY OFFERING, 2017–2022 (USD MILLION)180
TABLE 130GERMANY: CLOUD SECURITY MARKET, BY OFFERING, 2023–2028 (USD MILLION)180
TABLE 131GERMANY: CLOUD SECURITY MARKET, BY SOLUTION, 2017–2022 (USD MILLION)180
TABLE 132GERMANY: CLOUD SECURITY MARKET, BY SOLUTION, 2023–2028 (USD MILLION)181
TABLE 133GERMANY: CLOUD SECURITY MARKET, BY SERVICE, 2017–2022 (USD MILLION)181
TABLE 134GERMANY: CLOUD SECURITY MARKET, BY SERVICE, 2023–2028 (USD MILLION)181
TABLE 135GERMANY: CLOUD SECURITY MARKET, BY TYPE, 2017–2022 (USD MILLION)182
TABLE 136GERMANY: CLOUD SECURITY MARKET, BY TYPE, 2023–2028 (USD MILLION)182
TABLE 137GERMANY: CLOUD SECURITY MARKET, BY SERVICE MODEL, 2017–2022 (USD MILLION)182
TABLE 138GERMANY: CLOUD SECURITY MARKET, BY SERVICE MODEL, 2023–2028 (USD MILLION)183
TABLE 139GERMANY: CLOUD SECURITY MARKET, BY VERTICAL, 2017–2022 (USD MILLION)183
TABLE 140GERMANY: CLOUD SECURITY MARKET, BY VERTICAL, 2023–2028 (USD MILLION)184
10.3.6FRANCE184
10.3.6.1Rising initiatives by government and private sector to propel growth184
TABLE 141FRANCE: CLOUD SECURITY MARKET, BY OFFERING, 2017–2022 (USD MILLION)185
TABLE 142FRANCE: CLOUD SECURITY MARKET, BY OFFERING, 2023–2028 (USD MILLION)185
TABLE 143FRANCE: CLOUD SECURITY MARKET, BY SOLUTION, 2017–2022 (USD MILLION)185
TABLE 144FRANCE: CLOUD SECURITY MARKET, BY SOLUTION, 2023–2028 (USD MILLION)186
TABLE 145FRANCE: CLOUD SECURITY MARKET, BY SERVICE, 2017–2022 (USD MILLION)186
TABLE 146FRANCE: CLOUD SECURITY MARKET, BY SERVICE, 2023–2028 (USD MILLION)186
TABLE 147FRANCE: CLOUD SECURITY MARKET, BY TYPE, 2017–2022 (USD MILLION)187
TABLE 148FRANCE: CLOUD SECURITY MARKET, BY TYPE, 2023–2028 (USD MILLION)187
TABLE 149FRANCE: CLOUD SECURITY MARKET, BY SERVICE MODEL, 2017–2022 (USD MILLION)187
TABLE 150FRANCE: CLOUD SECURITY MARKET, BY SERVICE MODEL, 2023–2028 (USD MILLION)188
TABLE 151FRANCE: CLOUD SECURITY MARKET, BY VERTICAL, 2017–2022 (USD MILLION)188
TABLE 152FRANCE: CLOUD SECURITY MARKET, BY VERTICAL, 2023–2028 (USD MILLION)189
10.3.7SWEDEN189
10.3.7.1Demand for hybrid cloud and rising security challenges to drive market189
TABLE 153SWEDEN: CLOUD SECURITY MARKET, BY OFFERING, 2017–2022 (USD MILLION)190
TABLE 154SWEDEN: CLOUD SECURITY MARKET, BY OFFERING, 2023–2028 (USD MILLION)190
TABLE 155SWEDEN: CLOUD SECURITY MARKET, BY SOLUTION, 2017–2022 (USD MILLION)190
TABLE 156SWEDEN: CLOUD SECURITY MARKET, BY SOLUTION, 2023–2028 (USD MILLION)191
TABLE 157SWEDEN: CLOUD SECURITY MARKET, BY SERVICE, 2017–2022 (USD MILLION)191
TABLE 158SWEDEN: CLOUD SECURITY MARKET, BY SERVICE, 2023–2028 (USD MILLION)191
TABLE 159SWEDEN: CLOUD SECURITY MARKET, BY TYPE, 2017–2022 (USD MILLION)192
TABLE 160SWEDEN: CLOUD SECURITY MARKET, BY TYPE, 2023–2028 (USD MILLION)192
TABLE 161SWEDEN: CLOUD SECURITY MARKET, BY SERVICE MODEL, 2017–2022 (USD MILLION)192
TABLE 162SWEDEN: CLOUD SECURITY MARKET, BY SERVICE MODEL, 2023–2028 (USD MILLION)193
TABLE 163SWEDEN: CLOUD SECURITY MARKET, BY VERTICAL, 2017–2022 (USD MILLION)193
TABLE 164SWEDEN: CLOUD SECURITY MARKET, BY VERTICAL, 2023–2028 (USD MILLION)194
10.3.8DENMARK194
10.3.8.1Increasing investments in cloud security startups and need for security measures to boost demand194
TABLE 165DENMARK: CLOUD SECURITY MARKET, BY OFFERING, 2017–2022 (USD MILLION)195
TABLE 166DENMARK: CLOUD SECURITY MARKET, BY OFFERING, 2023–2028 (USD MILLION)195
TABLE 167DENMARK: CLOUD SECURITY MARKET, BY SOLUTION, 2017–2022 (USD MILLION)195
TABLE 168DENMARK: CLOUD SECURITY MARKET, BY SOLUTION, 2023–2028 (USD MILLION)196
TABLE 169DENMARK: CLOUD SECURITY MARKET, BY SERVICE, 2017–2022 (USD MILLION)196
TABLE 170DENMARK: CLOUD SECURITY MARKET, BY SERVICE, 2023–2028 (USD MILLION)196
TABLE 171DENMARK: CLOUD SECURITY MARKET, BY TYPE, 2017–2022 (USD MILLION)197
TABLE 172DENMARK: CLOUD SECURITY MARKET, BY TYPE, 2023–2028 (USD MILLION)197
TABLE 173DENMARK: CLOUD SECURITY MARKET, BY SERVICE MODEL, 2017–2022 (USD MILLION)197
TABLE 174DENMARK: CLOUD SECURITY MARKET, BY SERVICE MODEL, 2023–2028 (USD MILLION)198
TABLE 175DENMARK: CLOUD SECURITY MARKET, BY VERTICAL, 2017–2022 (USD MILLION)198
TABLE 176DENMARK: CLOUD SECURITY MARKET, BY VERTICAL, 2023–2028 (USD MILLION)199
10.3.9REST OF EUROPE199
TABLE 177REST OF EUROPE: CLOUD SECURITY MARKET, BY OFFERING, 2017–2022 (USD MILLION)199
TABLE 178REST OF EUROPE: CLOUD SECURITY MARKET, BY OFFERING, 2023–2028 (USD MILLION)200
TABLE 179REST OF EUROPE: CLOUD SECURITY MARKET, BY SOLUTION, 2017–2022 (USD MILLION)200
TABLE 180REST OF EUROPE: CLOUD SECURITY MARKET, BY SOLUTION, 2023–2028 (USD MILLION)200
TABLE 181REST OF EUROPE: CLOUD SECURITY MARKET, BY SERVICE, 2017–2022 (USD MILLION)201
TABLE 182REST OF EUROPE: CLOUD SECURITY MARKET, BY SERVICE, 2023–2028 (USD MILLION)201
TABLE 183REST OF EUROPE: CLOUD SECURITY MARKET, BY TYPE, 2017–2022 (USD MILLION)201
TABLE 184REST OF EUROPE: CLOUD SECURITY MARKET, BY TYPE, 2023–2028 (USD MILLION)202
TABLE 185REST OF EUROPE: CLOUD SECURITY MARKET, BY SERVICE MODEL, 2017–2022 (USD MILLION)202
TABLE 186REST OF EUROPE: CLOUD SECURITY MARKET, BY SERVICE MODEL, 2023–2028 (USD MILLION)202
TABLE 187REST OF EUROPE: CLOUD SECURITY MARKET, BY VERTICAL, 2017–2022 (USD MILLION)203
TABLE 188REST OF EUROPE: CLOUD SECURITY MARKET, BY VERTICAL, 2023–2028 (USD MILLION)203
10.4ASIA PACIFIC204
10.4.1ASIA PACIFIC: CLOUD SECURITY MARKET DRIVERS204
10.4.2ASIA PACIFIC: RECESSION IMPACT205
10.4.3ASIA PACIFIC: REGULATORY LANDSCAPE205
FIGURE 40ASIA PACIFIC: CLOUD SECURITY MARKET SNAPSHOT206
TABLE 189ASIA PACIFIC: CLOUD SECURITY MARKET, BY OFFERING, 2017–2022 (USD MILLION)207
TABLE 190ASIA PACIFIC: CLOUD SECURITY MARKET, BY OFFERING, 2023–2028 (USD MILLION)207
TABLE 191ASIA PACIFIC: CLOUD SECURITY MARKET, BY SOLUTION, 2017–2022 (USD MILLION)207
TABLE 192ASIA PACIFIC: CLOUD SECURITY MARKET, BY SOLUTION, 2023–2028 (USD MILLION)207
TABLE 193ASIA PACIFIC: CLOUD SECURITY MARKET, BY SERVICE, 2017–2022 (USD MILLION)208
TABLE 194ASIA PACIFIC: CLOUD SECURITY MARKET, BY SERVICE, 2023–2028 (USD MILLION)208
TABLE 195ASIA PACIFIC: CLOUD SECURITY MARKET, BY TYPE, 2017–2022 (USD MILLION)208
TABLE 196ASIA PACIFIC: CLOUD SECURITY MARKET, BY TYPE, 2023–2028 (USD MILLION)209
TABLE 197ASIA PACIFIC: CLOUD SECURITY MARKET, BY SERVICE MODEL, 2017–2022 (USD MILLION)209
TABLE 198ASIA PACIFIC: CLOUD SECURITY MARKET, BY SERVICE MODEL, 2023–2028 (USD MILLION)209
TABLE 199ASIA PACIFIC: CLOUD SECURITY MARKET, BY VERTICAL, 2017–2022 (USD MILLION)210
TABLE 200ASIA PACIFIC: CLOUD SECURITY MARKET, BY VERTICAL, 2023–2028 (USD MILLION)210
TABLE 201ASIA PACIFIC: CLOUD SECURITY MARKET, BY COUNTRY, 2017–2022 (USD MILLION)211
TABLE 202ASIA PACIFIC: CLOUD SECURITY MARKET, BY COUNTRY, 2023–2028 (USD MILLION)211
10.4.4CHINA211
10.4.4.1Rise in cloud technology and governments’ focus on cybersecurity to boost demand211
TABLE 203CHINA: CLOUD SECURITY MARKET, BY OFFERING, 2017–2022 (USD MILLION)212
TABLE 204CHINA: CLOUD SECURITY MARKET, BY OFFERING, 2023–2028 (USD MILLION)212
TABLE 205CHINA: CLOUD SECURITY MARKET, BY SOLUTION, 2017–2022 (USD MILLION)212
TABLE 206CHINA: CLOUD SECURITY MARKET, BY SOLUTION, 2023–2028 (USD MILLION)213
TABLE 207CHINA: CLOUD SECURITY MARKET, BY SERVICE, 2017–2022 (USD MILLION)213
TABLE 208CHINA: CLOUD SECURITY MARKET, BY SERVICE, 2023–2028 (USD MILLION)213
TABLE 209CHINA: CLOUD SECURITY MARKET, BY TYPE, 2017–2022 (USD MILLION)214
TABLE 210CHINA: CLOUD SECURITY MARKET, BY TYPE, 2023–2028 (USD MILLION)214
TABLE 211CHINA: CLOUD SECURITY MARKET, BY SERVICE MODEL, 2017–2022 (USD MILLION)214
TABLE 212CHINA: CLOUD SECURITY MARKET, BY SERVICE MODEL, 2023–2028 (USD MILLION)215
TABLE 213CHINA: CLOUD SECURITY MARKET, BY VERTICAL, 2017–2022 (USD MILLION)215
TABLE 214CHINA: CLOUD SECURITY MARKET, BY VERTICAL, 2023–2028 (USD MILLION)216
10.4.5JAPAN216
10.4.5.1Growing need for advanced technologies to boost growth216
TABLE 215JAPAN: CLOUD SECURITY MARKET, BY OFFERING, 2017–2022 (USD MILLION)217
TABLE 216JAPAN: CLOUD SECURITY MARKET, BY OFFERING, 2023–2028 (USD MILLION)217
TABLE 217JAPAN: CLOUD SECURITY MARKET, BY SOLUTION, 2017–2022 (USD MILLION)217
TABLE 218JAPAN: CLOUD SECURITY MARKET, BY SOLUTION, 2023–2028 (USD MILLION)218
TABLE 219JAPAN: CLOUD SECURITY MARKET, BY SERVICE, 2017–2022 (USD MILLION)218
TABLE 220JAPAN: CLOUD SECURITY MARKET, BY SERVICE, 2023–2028 (USD MILLION)218
TABLE 221JAPAN: CLOUD SECURITY MARKET, BY TYPE, 2017–2022 (USD MILLION)219
TABLE 222JAPAN: CLOUD SECURITY MARKET, BY TYPE, 2023–2028 (USD MILLION)219
TABLE 223JAPAN: CLOUD SECURITY MARKET, BY SERVICE MODEL, 2017–2022 (USD MILLION)219
TABLE 224JAPAN: CLOUD SECURITY MARKET, BY SERVICE MODEL, 2023–2028 (USD MILLION)220
TABLE 225JAPAN: CLOUD SECURITY MARKET, BY VERTICAL, 2017–2022 (USD MILLION)220
TABLE 226JAPAN: CLOUD SECURITY MARKET, BY VERTICAL, 2023–2028 (USD MILLION)221
10.4.6AUSTRALIA & NEW ZEALAND221
10.4.6.1Rapid increase in public-private initiatives to boost demand221
TABLE 227AUSTRALIA & NEW ZEALAND: CLOUD SECURITY MARKET, BY OFFERING, 2017–2022 (USD MILLION)222
TABLE 228AUSTRALIA & NEW ZEALAND: CLOUD SECURITY MARKET, BY OFFERING, 2023–2028 (USD MILLION)222
TABLE 229AUSTRALIA & NEW ZEALAND: CLOUD SECURITY MARKET, BY SOLUTION, 2017–2022 (USD MILLION)222
TABLE 230AUSTRALIA & NEW ZEALAND: CLOUD SECURITY MARKET, BY SOLUTION, 2023–2028 (USD MILLION)223
TABLE 231AUSTRALIA & NEW ZEALAND: CLOUD SECURITY MARKET, BY SERVICE, 2017–2022 (USD MILLION)223
TABLE 232AUSTRALIA & NEW ZEALAND: CLOUD SECURITY MARKET, BY SERVICE, 2023–2028 (USD MILLION)223
TABLE 233AUSTRALIA & NEW ZEALAND: CLOUD SECURITY MARKET, BY TYPE, 2017–2022 (USD MILLION)224
TABLE 234AUSTRALIA & NEW ZEALAND: CLOUD SECURITY MARKET, BY TYPE, 2023–2028 (USD MILLION)224
TABLE 235AUSTRALIA & NEW ZEALAND: CLOUD SECURITY MARKET, BY SERVICE MODEL, 2017–2022 (USD MILLION)224
TABLE 236AUSTRALIA & NEW ZEALAND: CLOUD SECURITY MARKET, BY SERVICE MODEL, 2023–2028 (USD MILLION)225
TABLE 237AUSTRALIA & NEW ZEALAND: CLOUD SECURITY MARKET, BY VERTICAL, 2017–2022 (USD MILLION)22