- Cloud security posture management is a set of strategies and tools that organizations can use to reduce the operational complexity of managing multiple clouds through a centralized security solution for all cloud services and infrastructure.
- Cloud security posture management automates cloud security management across diverse infrastructure, including Infrastructure as a Service (IaaS), Software as a Service (SaaS), and Platform as a Service (PaaS).
- Adoption of cloud security posture management enables organizations to address a variety of security responsibilities, such as compliance assessment, operational monitoring, devops integration, incident detection and response, and visualization of risks.
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Global Cloud Security Posture Management Market: Key Drivers
- Rising cases of security breaches due to cloud misconfigurations and increasing adoption of cloud-based solutions across organizations is estimated to boost the cloud security posture management market during the forecast period.
- Lack of security tools and procedures to reduce the risks associated with cloud infrastructure security breaches is further projected to boost the cloud security posture management market during the forecast period.
- The use of cloud-based solutions and services has increased during the COVID-19 pandemic due to the remote workforce, which in turn increases the demand for cloud infrastructure security solutions. This is a major factor expected to drive the market.
- The growing migration of businesses to the cloud and the advent of small and medium-sized enterprises in emerging countries is anticipated to create opportunities for the cloud security posture management market.
- However, lack of awareness about cloud resources, cloud security architecture, and benefits of cloud security posture management is anticipated to hamper the cloud security posture management market during the forecast period.
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Impact of COVID-19 on the Global Cloud Security Posture Management Market
- Increasing cases of COVID-19 across the globe is resulting in economic slowdown and millions of employees are working from home for the first time. This remote workforce has increased the risk of data breaches, and thus adoption of cloud services has increased during the pandemic. Some companies such as Zscaler have come up with cloud posture management solutions during this time. Zscaler provides its clients with advanced cloud security posture management solutions with advanced data center capacity to manage the rapid surge in online cloud demand. COVID-19 has a positive impact on the cloud security posture management market and is projected to indirectly propel the global cloud security posture management market in the next few years.
North America to Hold Major Share of the Global Cloud Security Posture Management Market
- In terms of region, the global cloud security posture management market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America
- North America dominated the global cloud security posture management market with the largest share. Growth of the market in North America is driven by rapid adoption of cloud data protection solutions to maintain operational functions and to avoid cloud misconfiguration.
- The cloud security posture management market in Asia Pacific is projected to expand at a rapid pace during the forecast period. This can be attributed to the growing adoption of cloud-based solutions and services among SMEs, effective government regulations, cyber and malware attacks, and technological advancements.
Global Cloud Security Posture Management Market: Competition Landscape
Several local, regional, and global players are active in the cloud security posture management market with a strong presence. Rapid technological advancements have created significant opportunities in the market. Players in the market are continuously focusing on developing technologically advanced solutions for their customers.
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Key Players Operating in the Global Cloud Security Posture Management Market Include:
- Atos
- Aujas Cybersecurity
- Check Point Software Technologies Pvt Ltd
- CipherCloud
- Cisco Systems
- CrowdStrike Holdings Inc.
- Forcepoint
- IBM Corporation
- McAfee Corporation
- Microsoft Corporation
- Optiv Security
- Palo Alto Networks, Inc
- Sophos Group Plc.
- VMware, Inc.
- Zscaler
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