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Global Cloud Workload Protection Market – Industry Trends and Forecast to 2030

ICT

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Global Cloud Workload Protection Market – Industry Trends and Forecast to 2030

  • ICT
  • Upcoming Report
  • Sep 2023
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Cloud Workload Protection Market – Industry Trends and Forecast to 2030

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2022–2030
Diagram Market Size (Base Year) USD 5.98 Billion
Diagram Market Size (Forecast Year) USD 35.46 Billion
Diagram CAGR %

Major Markets Players

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Global Cloud Workload Protection Market, By Solution (Monitoring and Logging, Policy and Compliance Management, Vulnerability Assessment, Threat Detection and Incident Response, Others), Service (Training, Consulting, and Integration, Managed Services, Support and Maintenance), Deployment Model (Public Cloud, Private Cloud, Hybrid Cloud), Organization Size (Small and Medium-Sized Enterprises, Large Enterprises), Vertical (Banking, Financial Services, and Insurance (BFSI), Healthcare and Life Sciences, Retail and Consumer Goods, Manufacturing, Media and Entertainment, IT and Telecommunications, Government and Public Sector, Energy and Utilities, Others) – Industry Trends and Forecast to 2030.

Cloud Workload Protection Market

Cloud Workload Protection Market Analysis and Size

Cloud adoption is still a critical driver of digital transformation and growth for today's businesses, allowing them to deliver apps and services to customers at the scale and speed that only the cloud can provide. Securing the cloud, on the other hand, means securing the entire attack surface, which encompasses everything from cloud workloads to virtual servers and other cloud-related technology.

Data Bridge Market Research analyses that the global cloud workload protection market which was USD 5.98 billion in 2022, is expected to reach USD 35.46 billion by 2030, and is expected to undergo a CAGR of 24.9% during the forecast period 2023-2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Cloud Workload Protection Market Scope and Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015-2020)

Quantitative Units

Revenue in USD Billion, Volume in Units, Pricing in USD

Segments Covered

Solution (Monitoring and Logging, Policy and Compliance Management, Vulnerability Assessment, Threat Detection and Incident Response, Others), Service (Training, Consulting, and Integration, Managed Services, Support and Maintenance), Deployment Model (Public Cloud, Private Cloud, Hybrid Cloud), Organization Size (Small and Medium-Sized Enterprises, Large Enterprises), Vertical (Banking, Financial Services, and Insurance (BFSI), Healthcare and Life Sciences, Retail and Consumer Goods, Manufacturing, Media and Entertainment, IT and Telecommunications, Government and Public Sector, Energy and Utilities, Others)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

CLOUDPASSAGE (U.S.), DOME9 SECURITY INC. (Israel), Guardicore (U.S.), HYTRUST, INC. (U.S.), LogRhythm, Inc. (U.S.), McAfee, LLC (U.S.), Sophos Ltd. (U.K.), Broadcom (U.S.), Trend Micro Incorporated (Japan), Tripwire, Inc. (U.S.), Carbon Black, Inc. (U.S.), CloudAware (U.S.), Aqua Security Software Ltd. (U.S.), Cloud Raxak Inc. (U.S.), Illumio (U.S.), AO Kaspersky Lab. (Russia), Microsoft Corporation (U.S.), F5, Inc. (U.S.)

Market Opportunities

  • An increase in enterprise adoption of multi-cloud strategies
  • A pressing need to protect enterprise workloads from unwanted strikes, and centralized policy enforcement

Market Definition

Cloud workload protection platforms (CWPP) are a type of cybersecurity software that focuses on workload security and management to safeguard digital devices. Cloud workload protection technologies provide the essential strategy controls and security without compromising the speed and agility of the self-service cloud. They also assist corporations in monitoring and removing threats from cloud workloads.

Global Cloud Workload Protection Market Dynamics

Drivers

  • Rise in the Adoption of the Multi-Cloud Strategy

As companies' security requirements expand, there is a growing need to combine cloud workload protection platform functionality with cloud security posture monitoring platform functionality, which focuses on assessing cloud security and compliance. The shift to a multi-cloud strategy has sparked interest in cloud workload protection will further accelerate the market growth.

  • Increased Demand for Protected Data and Programmed Functionalities

Increased demand for secure data, pre-programmed functions, and the management of unauthorised and unknown workloads. With the rise of big data in businesses, demand for security platforms is expected to soar, propelling the industry forward which is further anticipated to propel the growth of the market.

  • Growing Demand for a Security Platform

Advanced threats can be protected by cloud workload protection. Identifying and resolving security concerns is a breeze with cloud workload protection. As a result, prominent corporations are increasingly relying on cloud security measures which is further contributing the growth of the market.

Opportunity

  • Increasing Adoption of Cloud Computing in BFSI

The BFSI sector, which has historically avoided the cloud, is changing to a cloud-first paradigm in response to the needs of digital transformation in terms of speed, size, and agility. To support crucial workloads, organizations are using the cloud more and more. Especially in view of the security concerns provided by the rapid increase of cloud footprint, this has elevated cloud to the top of business' cybersecurity priorities.

Restraints/Challenges

  • Lack of Expertise and Knowledge

Organizations are finding it difficult to keep up with the growing demand for tools and personnel with the necessary skill sets and knowledge to plan, implement, and manage workloads and data in a cloud while cloud-supporting technologies advance quickly.

  • IT Governance Challenges

Since there is no control over the provisioning, and management of infrastructure operations, the cloud computing model's emphasis on do-it-yourself capabilities can make IT governance challenging. This can make it difficult to manage risks and security, IT compliance, and data quality effectively.

This global cloud workload protection market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global cloud workload protection market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Developments

  • In December 2022, F5, Inc. announced the launch a cloud workload protection solution named as F5 Distributed Cloud App Infrastructure Protection (AIP) that expands application observability and protection to cloud-native infrastructures. The most recent addition to the F5 Distributed Cloud Services portfolio of cloud-native SaaS-based application security and delivery services is Distributed Cloud AIP, which is powered by technology acquired with Threat Stack
  • In June 2021, Check Point Software Technologies Ltd. announced the launch of Check Point CloudGuard Workload Protection to deliver application-first workload protection. This completely automated cloud workload security solution equips security teams with the tools to automate security across apps, Application Programming Interfaces (APIs), and microservices from development to runtime via a single interface

Global Cloud workload protection Market Scope

The global cloud workload protection market is segmented on the basis of solution, service, deployment model, organization size and vertical. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Solution

  • Monitoring and Logging
  • Policy and Compliance Management
  • Vulnerability Assessment
  • Threat Detection and Incident Response
  • Others

Service

  • Training
  • Consulting and Integration
  • Managed Services
  • Support and Maintenance

Deployment Model

  • Public Cloud
  • Private Cloud
  • Hybrid Cloud

Organization Size

  • Small and Medium-Sized Enterprises
  • Large Enterprises

Vertical

  • Banking, Financial Services and Insurance (BFSI)
  • Healthcare and Life Sciences
  • Retail and Consumer Goods
  • Manufacturing
  • Media and Entertainment
  • IT and Telecommunications
  • Government and Public Sector
  • Energy and Utilities
  • Others

Global Cloud workload protection Market Regional Analysis/Insights

The global cloud workload protection market is analyzed and market size insights and trends are provided by country, solution, service, deployment model, organization size and vertical as referenced above.

The countries covered in the global cloud workload protection market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and rest of South America as part of South America.

North America dominates the global cloud workload protection market due to the rise in the adoption of advanced cloud solutions. Furthermore, the technological developments will further boost the growth of the global cloud workload protection market in the region during the forecast period 2023-2030.

The country section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends, and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and the challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Global Cloud workload protection Market Share Analysis

The global cloud workload protection market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to global cloud workload protection market.

Some of the major players operating in the global cloud workload protection market are:

  • CLOUDPASSAGE (U.S.)
  • DOME9 SECURITY INC (Israel)
  • Guardicore (U.S.)
  • HYTRUST, INC. (U.S.)
  • LogRhythm, Inc. (U.S.)
  • McAfee, LLC (U.S.)
  • Sophos Ltd. (U.K.)
  • Broadcom (U.S.)
  • Trend Micro Incorporated (Japan)
  • Tripwire, Inc. (U.S.)
  • Carbon Black, Inc. (U.S.)
  • CloudAware (U.S.)
  • Aqua Security Software Ltd. (U.S.)
  • Cloud Raxak Inc. (U.S.)
  • Illumio (U.S.)
  • AO Kaspersky Lab. (Russia)
  • Microsoft Corporation (U.S.)
  • F5, Inc. (U.S.)


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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FREQUENTLY ASK QUESTIONS

Cloud Workload Protection Market will be worth USD 35.46 billion by 2030.
Cloud Workload Protection Market growth rate is 24.9% during the forecast period.
The Increased Demand for Protected Data and Programmed Functionalities & Rise in the Adoption of the Multi-Cloud Strategy are the growth drivers of the Cloud Workload Protection Market.
The solution, service, deployment model, organization size and vertical are the factors on which the Cloud Workload Protection Market research is based.
F5, Inc. announced the launch a cloud workload protection solution named as F5 Distributed Cloud App Infrastructure Protection (AIP) that expands application observability and protection to cloud-native infrastructures & Check Point Software Technologies Ltd. announced the launch of Check Point CloudGuard Workload Protection to deliver application-first workload protection are the latest developments in the Cloud Workload Protection Market.
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