Cloud Security Industry, Business Development Analysis and Future Challenges by 2024

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Cloud Security Industry, Business Development
Analysis and Future Challenges by 2024 Global
Market Insights, Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Regional Analysis of Cloud Security Market

• North America cloud security is expected to
  dominate the global revenue during the forecast
  period in terms of revenue owing to large scale
  adoption of cloud-based solutions and high level
  of investment in RD by major market players
  operating in the region.
• On the other hand, Asia Pacific cloud security
  market is projected to witness accelerated growth
  throughout the forecast period due to increasing
  awareness and acceptance of cost-effective
  cloud-based solutions by emerging start-ups and
  SMEs operating in the region.

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• Application Analysis of Cloud Security Market
• The need to reduce costs and improve
  responsiveness of IT infrastructure to frequent
  changes in business environment is driving
  enterprises to adopt cloud-based services. As a
  result, cloud service providers are experiencing
  an increasing need to offer a level of security
  to their customers internally for their in-house
  IT environment.
• In a multitenant environment, such security
  refers to offering security architectures which
  ensures that each customers data and
  applications are secure and isolated from those
  of the others. Data stored and processed over a
  cloud involves an inherent risk due to various
  factors.
• Some of these security concerns include
  protecting the confidentiality of data, ensuring
  regulatory and legal compliance, ensuring
  isolation, and maintaining access control.

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Competitive Market Share of Cloud Security
Market

• Some of the key players operating in the cloud
  security market are, IBM, Cisco, Intel, Fortinet,
  Trend Micro, Symantec, CSC, CA Technologies, BMC
  Software, Sophos and CloudPassage.
• These players focus on new product development
  and innovations in existing products to meet the
  rapidly changing market needs.

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