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Global Cyber Security Market – Analysis and Forecast (2018-2024)<br>Industry Insights by Component (Solutions (Identity and Access Management, Security and Vulnerability Management, Risk and Compliance Management, Encryption, Firewall, Unified Threat Management, Web Filtering, Disaster Recovery, Distributed Denial of Services Mitigation, Antivirus or Antimalware, Data Loss Prevention, and Intrusion Detection Systems), Services (Managed, Professional)), by Deployment Type (Cloud-Based, On-Premise), by Security Type (Network, Endpoint, Wireless, Application, Cloud, and Others), by Organization Size (Small and Medium Enterprises, Large Enterprises), by Vertical (Government and Public Utilities, Aerospace and Defense, BFSI, Manufacturing, Retail, Healthcare, IT and Telecom, and Others)
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Cloud Security Market Industry Overview The protection of online data store against theft, deletion and leakage is called cloud security. Methods of providing cloud security include penetration testing, obfuscation, tokenization, firewalls, avoiding public internet connections and virtual private networks (VPN). Major threats to cloud security include data loss, account hijacking, data breaches, service traffic hijacking, poor choice of cloud storage providers, insecure application program interfaces (APIs) and shared technology that can compromise cloud security. Increasing instances of online data theft, copy and manipulation has made the use of cloud security a must. All the big organizations, which store large amount of data, upload it on their cloud to save storage space and for instant access. This makes it important to keep the data safe from such unscrupulous activities.
Cloud Security Market Growth Drivers Increase in cyber-attacks, increase in the acceptance of BYOD, Internet of things, increasing demand of cloud services and government initiatives are the growth drivers of global cloud security market. Internet of things is the connectivity of physical devices like vehicles, home appliances, smart phones and tablets with each other through a network to exchange data within them. Furthermore, this can contain personal information, so with more and more adoption of IoT, the acceptance of cloud security system is increasing. Furthermore, the increasing government initiatives state the increase in utilization of cloud-based technology. There has been several smart city projects implemented which requires cloud-based technology to keep all the data stored on the cloud networks secured. These factors are thereby pertaining towards the growth of the cloud security market across the globe.
Cloud Security Market Geographic Overview: Geographically, North America is the largest cloud security market, globally due to the development of various smart city projects in the region and increasing utilization of hybrid cloud that helps in enhancing scalability for business enterprises. Moreover, Asia-Pacific is anticipated to witness fastest growth during the forecast period for cloud security market since the region offers potential growth to the IT sector in this region. There are also several initiatives undertaken by the government for use of cloud technology and development of smart city projects in this region. Explore Full Report Description At: https://www.vynzresearch.com/ict-media/cloud-security-market
Cloud Security Market Competitive Insight Key players in the cloud security industry are investing towards improving the quality of access control and developing latest technologies that is furthermore strengthening their position in the market. However, it has been observed that local players are depending upon new technology to develop cost efficiencies, thus increasing the rivalry in the market to some extent. The prominent players in the global cloud security market include Cisco systems, CA Technologies, Inc., CSC, Trend Micro, Inc., Intel Security, Symantec Corporation, IBM Corporation and Fortinet, Inc.
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