Hybrid Cloud Workload Security Market Share

  • Report ID: 3019
  • Published Date: Sep 23, 2024
  • Report Format: PDF, PPT

Hybrid Cloud Workload Security Market Share

Geographically, the hybrid cloud workload security market is segmented into North America, Latin America, Europe, Asia Pacific and the Middle East & Africa region. The market in the Asia Pacific industry is poised to hold largest revenue share by 2036, owing to increase in automation and evolved technological requirements of enterprises in the region. Furthermore, in 2021, the market in North America is evaluated to occupy the largest share in terms of revenue, owing to the high adoption of cloud-based services, accompanied by the presence of leading technology providers in the region. Along with this, North America also leads in terms of better security compliance offerings by organizations, which is also expected to contribute to the market growth in the region. Alternatively, the market in Europe is also anticipated to occupy a significant share in the market on account of technological advancement and surge in demand for hybrid cloud workload security systems in the region. The European Commission, in 2020, had put forward a European Data Strategy whose aim is to support the European Union to become the most attractive, most safe, and most dynamic data-agile economy globally.

 

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Hybrid-Cloud-Workload-Security-Market-Share
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Author Credits:  Abhishek Verma


  • Report ID: 3019
  • Published Date: Sep 23, 2024
  • Report Format: PDF, PPT

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.
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