Large enterprises lead the way

Large enterprises are classed as those organisations with more than 1,000 employees, and they are investing heavily in advanced technologies for increasing overall productivity and efficiency. Large enterprises are widely opting for cloud security solutions and are expected to invest significantly in advanced cloud security solutions to provide optimum security to their enterprises’ intense competitive environment. Large enterprises have adopted cloud security solutions, as they use a large number of cloud and Internet of Things (IoT)-based applications that are highly susceptible to cyber attacks. Moreover, as they face threats from targeted attacks to disrupt their Information Technology (IT) services, these organisations adopt cloud security solutions to provide effective security.

North America is the geographical strong holding

North America has sustainable and well-established economies, which empower it to invest significantly in Research and Development (R&D) activities, thereby contributing to the development of new technologies in the cloud security market. The presence of majority of key players in the cloud security market is expected to be the major factor driving the growth of the market in this region. Key players, such as Microsoft, Cisco, McAfee, Palo Alto Networks, Fireeye, and Fortinet, along with several start-ups in the region offer cloud security solutions and services.

Key market players

The major vendors covered in the cloud security market report and not already mentioned above include Amazon Web Services, Checkpoint, Google, IBM, Zscaler, Sophos, Foreseeti, Broadcom, Trend Micro, Tenable, Forcepoint, Netskope, Imperva, Proofpoint, Cloudflare, Aqua Security, Qualys, Ciphercloud, Bitglass, Sitelock, Illumio, Varmour, Avanan, and Cloudpassage.