Cloud Workload Protection Market size was over USD 3.82 billion in 2024 and is expected to cross USD 49.07 billion by the end of 2037, growing at more than 21.7% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of cloud workload protection is estimated at USD 4.48 billion. The reason behind the growth is impelled by the rising investment in the IT industry across the globe driven by the increasing digitization of organizations and the need for firms to keep up with the rapid evolution of technology.
According to estimates, Global IT spending increased by around 5% from 2022 to roughly USD 4 trillion in 2023. Particularly, global IT spending is predicted to reach over 4.5 trillion by 2024.
The growing integration of advanced technologies is believed to fuel the market growth. Cloud Workload Protection Platform (CWPP) uses machine learning since it aids in the construction of a security defense system, and supports unified security protection for servers that are not Tencent Cloud.
Author Credits: Abhishek Verma
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