Type (Public Cloud, Hybrid Cloud)
Based on cloud type, the hybrid segment is anticipated to hold 80% share of the global cloud-native application protection platform market by 2036. The increase in segmental activity can be attributed to the widespread implementation of hybrid cloud by various organizations around the world for improved business efficiency, user experience, and resource consumption. In order to improve business efficiency, resource consumption, cost-effectiveness, user experience, and application modernization while maximizing benefits, a growing number of companies are increasingly emphasizing the creation of hybrid cloud models and sophisticated strategies.
Component [Solution, Services] {Solution (Cloud Security Posture Management, Cloud Workload Protection Platform, Infrastructure as a Code, Identify Based Security and Cloud Infrastructure Entitlement Management)}
In terms of solution, the cloud security posture management segment in the cloud-native application protection platform market is anticipated to hold 30% of the revenue share by 2036. The growth is due to the increased use of CSPM by companies, as it provides more rigorous controls and a multi-cloud capability. In addition, companies are working towards integrating cutting-edge technology in CSPM so as to provide better network security solutions and systems which will likely be a driver for CNAPP market growth. Microsoft recently launched two new preview services for the Microsoft Defender cloud security platform, which are aimed at reducing security vulnerabilities and responding to attacks, in October 2022, called Microsoft Defender for DevOps and Microsoft Defender CSPM.
Our in-depth analysis of the global cloud-native application protection platform market includes the following segments:
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Author Credits: Abhishek Verma
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