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The North America Cloud Security Market Size is poised to grow at a market growth of 20.7% CAGR during the forecast period.
Cloud security holds a set of policies and controls that are vital for the security of applications, data, and infrastructure. Threats such as data breaches, data loss, and insecure application programming interfaces (API) are quite common in the cloud computing platform. Considering the risks associated with the cloud, the need for a secure environment for both cloud providers and customers is vital. Growing adoption of BYOD and rising adoption of cloud technologies across diverse verticals such as healthcare, government, retail, IT & telecommunications, BFSI, and others, would further add to the pace of the market growth. Adding to the favorable points, the rising cyber-attacks & threats would also drive the adoption of cloud security market. The cloud security market would find its application in various industry verticals due to growing dependency on cloud-based applications & services.
Based on the type, the Cloud Security market is segmented into Cloud Identity & Access Management, Data Loss Prevention, Email & Web Security, Cloud Database Security, Cloud Encryption, Network Security and Others. Based on Deployment Type, the market is segmented into Public, Private and Hybrid. Based on the Organization Size, the market is segmented into Small & Medium Sized Enterprises and Large Enterprises. The verticals covered under the report include BFSI, Government, Telecom & IT, Healthcare & Life Sciences, Media & Entertainment, Retail, Manufacturing, Transportation and Others. Based on Country, North America Cloud Security market is segmented into US, Canada, Mexico and Rest of North America. US remained the dominant Country in the North America Cloud Security market in 2015. Canada would witness promising CAGR during the forecast period (2016-2022).
The report covers the analysis of key stake holders of the Cloud Security market. Key companies profiled in the report include IBM Corporation, Check Point Software Technologies, Cisco Systems, Inc., Intel Corporation, HP Enterprise Company, FireEye, Inc. and Sophos Plc.