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Budding Economies Shine Bright in Global Cloud Security Market

Global cloud security market was valued at around USD 4.7 billion in 2014 and is expected to reach USD 9.8 billion in 2020
James Griffin | 21.06.2016


Cloud Security (Public Cloud, Private Cloud and Hybrid Cloud) Market by Service Type (Data Loss Prevention, Email and Web Security, Cloud Database Security, Cloud IAM, and Others) for Government and Public Utilities, BFSI, IT and Telecommunication, Healthcare and Other Applications - Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2014 – 2020

Free sample @ http://www.marketresearchstore.com/report/cloud-security-market-z53044#RequestSample

Zion Research has published a new report titled “Cloud Security (Public Cloud, Private Cloud and Hybrid Cloud) Market by Service Type (Data Loss Prevention, Email and Web Security, Cloud Database Security, Cloud IAM, and Others) for Government and Public Utilities, BFSI, IT and Telecommunication, Healthcare and Other Applications - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2014 – 2020” According to the report, global cloud security market was valued at around USD 4.7 billion in 2014 and is expected to reach USD 9.8 billion in 2020, growing at a CAGR of around 12.0% between 2015 and 2020.

Cloud security operates as sub-domain of computer security which provides more secure network and information. It deals with the broad set of technologies, policies, and help to protect data and different applications of computer. It also provides an overview of the security and privacy challenges suitable to cloud computing. The architecture of cloud security is effective for giving preventive, detective and corrective controls. It improves the security capabilities of cloud providers and evaluates their individual risk.

Browse the full "Cloud Security (Public Cloud, Private Cloud and Hybrid Cloud) Market by Service Type (Data Loss Prevention, Email and Web Security, Cloud Database Security, Cloud IAM, and Others) for Government and Public Utilities, BFSI, IT and Telecommunication, Healthcare and Other Applications - Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2014 – 2020" report at http://www.marketresearchstore.com/report/cloud-security-market-z53044

The cloud security market is expected to witness significant growth due to the increasing popularity of cloud computing worldwide. The major driving factor for cloud security market is enhanced and simplified IT management provided by the cloud security. In addition, increasing demand of SMB cloud computing is expected to have a positive impact on cloud security market. Cloud-based video storage is an emerging trend which is likely to open new market avenues in the near future. However, some restraints like lack of awareness about adoption of cloud computing may hamper the growth of this market.

On the basis of types, the global cloud security market is divided into public, private and hybrid cloud. The hybrid cloud security type dominated the cloud security market and it accounted for almost 43% share of the total market in 2014. This was mainly due to its number of application such as work management of public, on-premise, and private sector. Hybrid cloud system plays vital role in classification of critical data and store it in different cloud deployments therefore it is the fastest growing segment of cloud security market.

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