Cloud Workload Protection Market Trends

  • Report ID: 5929
  • Published Date: Oct 22, 2024
  • Report Format: PDF, PPT

Cloud Workload Protection Market Trends

Growth Drivers

  • Rising Need for Security - An instrument for detecting and eliminating risks within cloud software is the cloud workload protection, which is employed to protect virtual machines (VMs), cloud infrastructures, containers, and physical servers against internet attacks.
  • Growing Complexity of the Workload- Workloads deployed in multi-cloud and hybrid cloud settings, such as IaaS, PaaS, and CaaS, can be protected by a cloud workload protection that offers visibility into many environments.
  • Increasing Adoption of DevOps- Cloud Workload Protection Platforms are made to interact with DevOps which is a continuous innovation and development (CI/CD) procedure where application developers use workloads to swiftly and efficiently generate and publish applications.

Challenges

  • Stringent regulatory standards - Cloud compliance is the act of complying with regulatory standards such as ISO, PCI DSS, HIPAA, and GDPR, which have specific requirements for cloud environments. Establishing robust security controls is a requirement of compliance standards such as ISO 27001 and SOC 2 to safeguard information against unauthorized access and breaches. The requirement for businesses and cloud computing service providers to adhere to relevant regulatory standards for cloud usage aids in reducing risks related to data breaches and cyber threats, which is a crucial part of creating a secure environment for cloud computing. However, cloud services are dynamic and subject to numerous rules, so managing compliance in the cloud can be challenging since it is a continuous commitment to protecting the cloud environment and guaranteeing data integrity rather than a one-time activity.
  • Complexity associated with managing security across several workloads may limit the adoption
  • Security concerns may hamper the cloud workload protection market growth

Cloud Workload Protection Market: Key Insights

Base Year

2024

Forecast Year

2025-2037

CAGR

21.7%

Base Year Market Size (2024)

USD 3.82 billion

Forecast Year Market Size (2037)

USD 49.07 billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Author Credits:  Abhishek Verma


  • Report ID: 5929
  • Published Date: Oct 22, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of cloud workload protection is estimated at USD 4.48 billion.

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. The rising investment in the IT industry across the globe and the growing integration of advanced technologies will drive the market growth.

North America industry is estimated to dominate majority revenue share of 45% by 2037, impelled by growing number of enterprises in the region.

The major players in the market are McAfee Inc., Guardicore, Sophos Ltd, CLOUDPASSAGE, DOME9 SECURITY INC., Akamai Technologies, Inc., Micro Incorporated, ORACLE CORPORATION, Amazon Web Services (AWS), and others.
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