DUBLIN--(BUSINESS WIRE)--The "Cloud Application Security Market - Global Forecast to 2022" report has been added to Research and Markets' offering.
The cloud application security market size is expected to grow from USD 6.78 billion in 2017 to USD 13.67 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 15.1%.
The cloud application security market is driven by factors, such as strong regulations and compliance requirements, easy integration of cloud application security solutions with organizations' existing security infrastructure, and rise in security breaches targeting business-critical cloud applications. However, non-acceptance of CASB as a security solution by enterprises is acting as restraining factor in this market. Furthermore, lack of technical expertise among the enterprise workforce for the development of advanced cloud application security solutions and lack of awareness about advanced cyber threats and growing security concerns are the biggest challenges for organizations.
The analytics and reporting solution is expected to have the highest CAGR during the forecast period. The analytics and reporting solution, within the cloud application security suite, comprises log management, and cloud usage analytics and anomaly detection. The solution automates the collection and normalization of data across multiple cloud applications and recognizes opportunities for cost reductions across various cloud application platforms. With the increase in adoption of cloud application, the demand for analytics and reporting solution is said to be gaining pace in the cloud application security market.
- Cisco Systems
- Palo Alto Networks
- Skyhigh Networks
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Cloud Application Security Market Overview
6 Cloud Application Security Market, By Component
7 Cloud Application Security Market, By Organization Size
8 Cloud Application Security Market, By Industry Vertical
9 Cloud Application Security Market, By Region
10 Competitive Landscape
11 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/h2ngkx/cloud_application