The Europe Cloud Security Posture Management Market would witness market growth of 14.9% CAGR during the forecast period (2022-2028).
By integrating real-time constant monitoring with automation functionalities that can detect and solve issues like inappropriate account permissions, certain CSPM products can automatically repair issues. HIPAA compliance is one of the standards that can be established for continuous compliance. Other Cloud Access Security Broker (CASB) products can be used in conjunction with CSPM tools. A cloud access security broker (CASB) is a service or software product that safeguards data transportation between on-premises IT infrastructure & cloud provider architecture.
Customer mishandling of many connected resources is the most common cause of misconfigurations. There might be a lot of moving parts to keep records of and handle with cloud-based services. Misconfigurations of the environment are easy to make, especially when using API-driven integration methodologies. Because it just takes a few misconfigurations in the cloud to make an organization exposed to attack, the risk of a data breach is high.
Germany has the strongest economy in the European Union, with a population of 82.7 million people (EU). Germany has a well-developed healthcare system, particularly in terms of infrastructure, hospital beds, and qualified personnel. There were 494,300 beds in 1,914 hospitals in 2019, as well as 1,112 rehabilitation facilities and 18,753 pharmacies in 2020. With 5.7 million people, the healthcare business is Germany's largest employer, due to its well-established infrastructure.
The Germany market dominated the Europe Cloud Security Posture Management Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $640.5 Million by 2028. The UK market is anticipated to grow at a CAGR of 13.9% during (2022 - 2028). Additionally, The France market would display a CAGR of 15.8% during (2022 - 2028).
Based on Component, the market is segmented into Solution and Services. Based on Cloud Model, the market is segmented into Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS), and Software-as-a-Service (SaaS). Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Vertical, the market is segmented into BFSI, Retail & Ecommerce, Government, IT & ITeS, Healthcare & Life Sciences, Education, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Cloud Security Posture Management Market will Hit $9.9 Billion by 2028, at a CAGR of 15.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Cisco Systems, Inc., Microsoft Corporation, VMware, Inc., Check Point Software Technologies Ltd., Palo Alto Networks, Inc., Sophos Group PLC, Crowdstrike Holdings, Inc., Atos Group, and Forcepoint LLC.
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