The North America Cloud-native Application Protection Platform (CNAPP) Market would witness market growth of 17.3% CAGR during the forecast period (2022-2028).
Security teams must transition from defending infrastructure to securing apps that operate on workloads to maximize cloud security and compliance to enable DevOps and reduce friction. At the very least, this entails protecting the security of cloud service settings and the production environment, with runtime protection serving as an essential extra layer of security.
The information is brought together by a successful CNAPP to assist security teams in identifying and prioritizing the organization's significant risks: Monitoring, identifying, alerting to, and correcting compliance risks and misconfigurations in cloud environments is done via cloud security posture management (CSPM). Early in the software development life cycle, infrastructure as code security may be used to find configuration errors in code and stop runtime vulnerabilities. Compliance and governance for multi-cloud setups is to maintain compliance status and correct configuration drift and policy breaches.
Businesses are using cloud services quickly for new projects or replacing outdated systems. The market expansion in North America is aided by the geographical presence of major industry players that provide CNAPP. In addition, the area is seeing an increase in cyberattacks, which is causing the CNAPP market to expand. The FBI's Internet Crime Report 2021 states that 847376 complaints—a 7% increase from 2020—were submitted throughout the year, with potential damages surpassing USD 6.9 billion.
The US market dominated the North America Cloud-native Cloud Type Protection Platform (CNAPP) Market by Country in 2021; thereby, achieving a market value of $5.9 billion by 2028. The Canada market is poised to grow at a CAGR of 19.6% during (2022 - 2028). Additionally, The Mexico market would exhibit a CAGR of 19.3% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Cloud-native Application Protection Platform (CNAPP) Market is Predict to reach $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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