The global cloud security posture management market is anticipated to grow at a significant CAGR 14.6% during the forecast period. Cloud security posture management is a strategy and tool used by organizations for reducing the operational complexities to manage multiple clouds via a centralized security solution for all cloud services and infrastructure. Additionally, it enables organizations to assess various security responsibilities such as compliance assessment, operational monitoring, DevOps integration, incident detection and response as well as visualization of risks.
The major factor driving the growth of the global cloud security posture management market during the forecast period is the increasing burden of the increasing cases of security breaches due to cloud misconfigurations as well the increasing adoption of cloud-based solutions across organizations globally. Additionally, due to the nationwide lockdowns and remote workforce, the adoption of cloud-based solutions and services has increased during the COVID-19 pandemic which has further increased the demand for cloud infrastructure security solutions.
Another factor supporting the growth of the market across the globe is the rising various strategies including mergers and acquisitions, partnerships, geographical expansion, and others catering to stay competitive in the market. For instance, in November 2021, Sonrai Security announced that it has joined Microsoft Intelligent Security. The company offers cloud security posture management (CSPM), Cloud infrastructure entitlements management (CIEM) as well as data security in one platform, powered by a cloud identity graph. Some of the key market players serving the cloud security posture management market globally includes Cisco Systems Inc., IBM Corp., Microsoft Corp., Palo Alto Networks, Inc., and others.
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Market Coverage
- The market number available for – 2021-2029
- Base year- 2021
- Forecast period- 2023-2029
Segment Covered-
- By Component
- By Organization Size
- By Cloud Model
- By Vertical
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape– Cisco Systems Inc., IBM Corp., Microsoft Corp., Palo Alto Networks, Inc. and VMware, Inc.
Cloud Security Posture Management Market Report by Segment
By Component
- Solutions
- Services
- Professional
- Managed
By Organization Size
- Small and Medium Enterprises (SMEs)
- Large Enterprises
By Cloud Model
- Infrastructure-as-a-Service (IaaS)
- Platform-as-a-Service (PaaS)
- Software-as-a-Service (SaaS)
By Vertical
- BFSI
- Government
- Healthcare
- IT & ITeS
- Retail & E-Commerce
- Education
- Others
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Cloud Security Posture Management Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East & Africa
Company Profiles
- Check Point Software Technologies Ltd.
- Datadog, Inc.
- DXC Technology Co.
- Foreseeti AB
- Fortinet, Inc.
- Google LLC
- Oracle Corp.
- Qualys, Inc.
- Sophos Ltd.
- Tenable, Inc.
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