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Hybrid Cloud Workload Security Market Trends

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

Hybrid Cloud Workload Security Market Trends

Growth Drivers

  • Growth in Adoption of Hybrid Cloud Workload Security
  • Rising Need to Secure Cloud Workloads

Challenges

  • Lack of Skilled Expertise Required to Handle Complex Cloud Workload Security
  • Lack of Awareness About Hybrid Cloud Workload Protection among Small Enterprises

Hybrid Cloud Workload Security Market: Key Insights

Base Year

2023

Forecast Year

2024–2036

CAGR

24.3%

Base Year Market Size (2023)

USD 2.11 billion

Forecast Year Market Size (2036)

USD 35.68 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: 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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