The Asia Pacific Cloud-native Application Protection Platform (CNAPP) Market would witness market growth of 19.7% CAGR during the forecast period (2022-2028).
Cloud-Native Application Protection Platforms (CNAPP) have become the all-encompassing umbrella term for cloud security products as the need for more integrated, effective, and condensed tooling has increased.
Because they are integrated and cloud-native, the solution is practical, economical, consistent, and uniform. According to Gartner, Cloud-Native Application Protection Platforms are an integrated collection of security and compliance tools created to assist in securing and safeguarding cloud-native apps throughout development and production.
Specific CSPM systems may automatically fix problems by combining continuous real-time monitoring with automation features that can identify and resolve issues like improper account permissions. One of the criteria that might be set for ongoing compliance is HIPAA compliance. Together with CSPM tools, other Cloud Access Security Broker (CASB) solutions may be employed. A service or software solution called a cloud access security broker (CASB) protects data transfer between on-premises IT infrastructure and cloud provider architecture.
Cyber-attacks and data breaches jeopardize financial losses and Asia-Pacific companies' ability to trust their customers and other stakeholders. However, several Asia-Pacific companies see rapid development due to cloud security solutions and have realized the predicted commercial benefits. As a result, organizations in the area are anticipated to continue developing in cloud adoption procedures and processes, particularly security initiatives that secure cloud-specific data, considering the cloud's promise and danger.
The China market dominated the Asia Pacific Cloud-native Cloud Type Protection Platform (CNAPP) Market by Country in 2021; thereby, achieving a market value of $1.6 billion by 2028. The Japan market is anticipated to grow at a CAGR of 19% during (2022 - 2028). Additionally, The India market would showcase a CAGR of 20.5% during (2022 - 2028).
Based on Offering, the market is segmented into Platform (Without Services) and Professional Services. Based on Cloud Type, the market is segmented into Public and Private. Based on Organization Size, the market is segmented into Large Enterprises and SMEs. Based on Vertical, the market is segmented into BFSI, Healthcare, Retail & eCommerce, Telecommunication, IT & ITeS and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Cloud-native Application Protection Platform (CNAPP) Market is Projected to reach USD 21.2 Billion by 2028, at a CAGR of 18.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Trend Micro, Inc., Check Point Software Technologies Ltd., Palo Alto Networks, Inc., Crowdstrike Holdings, Inc., Fortinet, Inc., Forcepoint LLC (Francisco Partners), Aqua Security Software Ltd., Radware Ltd., Zscaler, Inc., Sophos Group PLC (Thoma Bravo)
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