Cloud Security Market to Cross $10 Billion by 2021
Growing adoption of BYOD concept among enterprises, rising cases of data breaches along with increasing usage of cloud storage solutions to drive global cloud security market through 2021
According to TechSci
Research report, “Global
Cloud Security Market By Service Type, By Deployment Mode, By
End User, By Region, Competition Forecast and Opportunities, 2011 - 2021”, global cloud security market is projected
to cross $10 Billion by 2021, on account of increasing adoption of cloud
computing, rising demand for managed security services, increasing smartphone
user base and growing number of data breach incidents. Further, number of internet
users across the globe stood at 3.14
billion in 2015 and this is estimated to reach 3.29 billion by 2016.
This has fueled need for virtual storage infrastructure such as cloud. Moreover,
in 2015, number of smartphone users across the globe stood at 1.89 billion and
is estimated to reach 2.12 billion by 2016.
Browse
104 market data Tables and 133 Figures spread through 280 Pages and an
in-depth TOC on "Global
Cloud Security Market"
https://www.techsciresearch.com/report/global-cloud-security-market-by-service-type-identity-and-access-management-etc-by-deployment-mode-private-public-etc-by-end-user-it-and-telecom-etc-by-region-north-america-etc-competition-forecast-and-opportunities/856.html
IT & telecom witnessed an increase in the number of cyber
attacks and data breaches incidents aimed at gaining access to financial data,
identity theft, etc. Due to such instances IT & telecom companies across
the globe are focusing on adoption of cloud security services. Additionally, growing
e-commerce industry, emergence
of various e-commerce mobile applications and growing tie-ups of various
advertising companies, etc., is increasing data security breaches. Further,
growth in ecommerce sector is generating large volumes of data and this is
fueling use of cloud infrastructure for storage of this data. Thus, retail
companies are adopting cloud security solutions to safeguard data from hackers and
this is projected to propel demand for cloud security solutions from various
end user industries across the globe during the forecast period.
Download Sample Report @
https://www.techsciresearch.com/sample-report.aspx?cid=856
Customers can also
request for 10% free customization on this report.
“Rising cyber security market, growing
adoption of bring your own device concept (BYOD) concept, rapidly growing
internet of things market, etc., are factors projected to boost demand for cloud
security solutions across the globe in the coming years. Growing need for data security
across various verticals such as BFSI, retail, government, etc., coupled with rising
use of mobility devices is also fueling demand for cloud security solutions
such as identity & access management, data loss prevention, email security,
etc., across the globe.” said Mr. Karan Chechi, Research Director with TechSci
Research, a research based global management consulting firm.
“Global
Cloud Security Market By Service Type, By Deployment Mode, By End User, By
Region, Competition Forecast and Opportunities, 2011 - 2021” has evaluated the future growth
potential of global cloud security market and provides statistics and
information on market size, structure and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment evaluation. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges and
opportunities in global cloud security market.
About TechSci Research
TechSci Research is a
leading global market research firm publishing premium market
research reports. Serving 700 global clients with more than 600 premium market
research studies, TechSci Research is serving clients across 11 different
industrial verticals. TechSci Research specializes in research based consulting
assignments in high growth and emerging markets, leading technologies and niche
applications. Our workforce of more than 100 fulltime Analysts and Consultants employing
innovative research solutions and tracking global and country specific high
growth markets helps TechSci clients to lead rather than follow market trends.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]