Application Security Market, Demographic Segmentation Outlook Market Insights Restraints, Opportunities, Future Various Trends, Drivers, Acquisitions & Mergers
Market Research Future (MRFR) predicts the Global Application Security Market to surpass a valuation of USD 9 Billion from 2017 to 2023 (forecast period). The security breaches affecting business applications, increasing use of mobile and cloud-based technologies, and strict compliance and regulatory requirements for application security are key factors driving the application security market's growth. Owing to an increase in demand for Software as a Service (SaaS)-based application security solutions, the application security market will have an immense opportunity to expand over the next five years.
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Juniper Networks, Inc. (U.S), Cisco Systems Inc. (U.S), Skyhigh Networks (U.S), Bitglass Inc. (US), Fortinet, Inc. (U.S), Symantec Corporation (U.S), International Business Machines Corporation (U.S), Microsoft Corporation (U.S), Palo Alto Networks, Inc. (U.S), Netskope Inc. (U.S), CipherCloud (U.S), Trend Micro Inc. (Japan), Zscaler (U.S), Proofpoint Inc. (U.S), CensorNet Ltd. (U.K), McAfee, Inc. (U.S), and Oracle Corporation (U.S) among others are top-notch companies that are operating in the cloud application security market as listed by MRFR.
The segment evaluation of the global cloud application security market is done by vertical, component, and organization size.
The component-based segment of the cloud application security global market are service and solutions. The solution sub-segments are cloud application discovery, data protection, threat protection, and analytics and reporting. The data protection based sub-segments are data loss prevention, encryption, and identity and access management. The cloud application discovery segments are cloud application database and risk assessment. The analytics and reporting segments are anomaly detection, cloud usage analytic, and log management. The threat protection segments are event management, security information, and malware detection and prevention. The services segments include training and education service, consulting service, support services, and other. The organization size-based segments of the cloud application security market are medium-sized enterprises, small enterprises, and large enterprise. The vertical based segments of the cloud application market are IT and telecom, healthcare, BFSI, retail government and defines, and others.
The trends of the global cloud application security market is studied across APAC, EU, MEA, and North America, following the Rest of the World. The cloud application security in the North America region is expected to rise exponentially due to the increase in the adoption of cloud application security solutions across major tech-companies. The presence of effective cloud security infrastructure can also support the expansion of the regional market. In Europe, the expansion of the cloud application market can be attributed to rapid adoption of artificial intelligence enabled solutions by the cloud application security market. In addition, the rise in security breaches and the growing need to comply with strict regulations is boosting the adoption of cloud application that can impel the expansion of the market across the analysis period. The growing popularity of cloud application security solutions, such as cloud application discovery, data protection, threat protection, analytics and reporting, and others can boost the cloud application security global market in the years to come.
Table of Contents:
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
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List of Tables
TABLE 1 LIST OF ASSUMPTIONS 19
TABLE 2 GLOBAL APPLICATION SECURITY MARKET, BY SOLUTION, 2020-2027 (USD MILLION) 32
TABLE 3 GLOBAL APPLICATION SECURITY MARKET, BY SERVICES, 2020-2027 (USD MILLION) 35
List of Figures
FIGURE 1 GLOBAL APPLICATION SECURITY MARKET: MARKET STRUCTURE 18
FIGURE 2 RESEARCH PROCESS OF MRFR 21
FIGURE 3 TOP DOWN & BOTTOM-UP APPROACH 24
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