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According to a new report Europe Cloud Security Market, published by KBV Research, the Europe Cloud Security is expected to grow at a CAGR of 21.4% during the forecast period. The Europe cloud security market is anticipated to rapidly grow during the forecast period, largely due to organizations, globally relying on cloud & cloud-based services & applications. Cloud has been commonly used for storage & backup applications by several organizations in almost all the verticals such as retail, healthcare, BFSI and IT & Telecom etc. due to its flexibility in IT infrastructure, agility, and cost-effectiveness.
The Europe cloud security market is segmented into types, end users, verticals, deployment, and Country. Based on end users, the market is segmented into large enterprises and small & medium enterprises. The Germany market dominated the Europe Data Loss Prevention Market by Country in 2015, and would continue to be a dominant market till 2022; thereby, achieving a market value of $119.9 million by 2022.
The UK market is expected to witness a CAGR of 20.2% during (2016 - 2022). Additionally, The France market is expected to witness a CAGR of 23.2% during (2016 - 2022). The Public market dominated the UK Cloud Security Market by Deployment Mode in 2015, and would continue to be a dominant market till 2022; thereby, growing at a CAGR of 16.8% during the forecast period. The Hybrid market is expected to witness a CAGR of 22.6% during (2016 - 2022).
The report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the countries in the region. The key influencing factors of the Europe cloud Security have been discussed in the report along with the elaborated company profiles of IBM Corporation, Check Point Software Technologies, Cisco Systems, Inc., Intel Corporation, HP Enterprise Company, FireEye, Inc. and Sophos Plc.