Hybrid Cloud Workload Security Market Analysis

The hybrid cloud workload security market is segmented on the basis of organization type into small & medium enterprises, and large enterprises, out of which, the large enterprises’ segment is anticipated to grab the largest share by the end of 2021 on account of their higher financial capabilities in adopting hybrid cloud workload security systems. Moreover, large enterprises have greater capital to raise data centers, which is also projected to contribute to the growth of the segment during the forecast period.

On the basis of end-user, the BFSI segment in the market is projected to grow with a significant CAGR over the forecast period. The growth of the segment can be attributed to the increased adoption of hybrid cloud workload security technology by the BFSI sector and as a result, there is a considerable improvement in the security of the hybrid cloud workload in the segment.

Our in-depth analysis of the global market includes the following segments:

By Organization Type	Small & Medium Enterprises Large Enterprises
By End-User	BFSI IT & Telecom Manufacturing Hospitality & Travel Healthcare Others

Frequently Asked Questions (FAQ)

The growth in adoption of hybrid cloud workload security and the rising need to secure cloud workloads are the key factors driving market growth.

The market is anticipated to attain a moderate CAGR over the forecast period, i.e., 2021-2029.

The lack of skilled expertise required to handle complex cloud workload security and lack of awareness about hybrid cloud workload protection among small enterprises are estimated to hamper market growth.

The market in Asia Pacific region will provide ample growth opportunities owing to the increase in automation and evolved technological requirements of enterprises in the region.

The major players dominating the hybrid cloud workload security market are Trend Micro, Sysdiq, VMware, and Cisco Systems among others.

Hybrid Cloud Workload Security Market Analysis