Cloud Network Security Market to exceed $19.3 Bn by 2032, Says Global Market Insights Inc.
Major cloud network security market participants include Cisco Systems, Palo Alto Networks, Fortinet, Check Point Software Technologies, and Symantec Corporation
Selbyville, Delaware, May 22, 2024 (GLOBE NEWSWIRE) —
The cloud network security market valuation is predicted to cross USD 19.3 billion by 2032, as reported in a
Major companies in the cloud network security market include Cisco Systems, Palo Alto Networks, Fortinet, Check Point Software Technologies, and Symantec Corporation, among others. Players are adopting various growth strategies such as continuous innovation in cybersecurity solutions, strategic partnerships and collaborations, mergers and acquisitions to expand their product portfolios and geographic presence, investment in R&D to stay ahead of emerging threats, and focusing on customer-centric approaches to meet evolving security needs.
In December 2022, the Pentagon awarded $9 billion in cloud computing contracts to Google, Amazon Web Services, Microsoft, and Oracle, excluding IBM. These contracts aim to establish a connection between the Defense Department and private sector firms, providing access to global cloud services across various security levels.
Partial chapters of report table of contents (TOC):
Chapter 1 Methodology & Scope
1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources
1.4.2.2 Public sources
Chapter 2 Executive Summary
2.1 Cloud network security market 3600 synopsis, 2018 – 2032
2.2 Business trends
2.2.1 Total Addressable Market (TAM), 2024 – 2032
2.3 Regional trends
2.4 Security type trends
2.5 Deployment model trends
2.6 Organization size trends
2.7 End-user trends
Chapter 3 Cloud Network Security Market Insights
3.1 Impact of COVID-19
3.2 Impact of the Russia-Ukraine war
3.3 Industry ecosystem analysis
3.4 Technology & innovation landscape
3.5 Patent analysis
3.6 Key news and initiatives
3.6.1 Partnership/Collaboration
3.6.2 Merger/Acquisition
3.6.3 Investment
3.6.4 Product launch & innovation
3.7 Regulatory landscape
3.8 Impact forces
3.8.1 Growth drivers
3.8.1.1 Growing adoption of cloud computing
3.8.1.2 Rising complexity of cloud networks
3.8.1.3 Integration of Artificial Intelligence (AI) and Machine Learning (ML) into cloud network security solutions
3.8.1.4 Increasing use of cloud-based applications & services
3.8.1.5 Surge in government regulations for network security
3.8.2 Industry pitfalls & challenges
3.8.2.1 High cost of cloud network security solutions
3.8.2.2 Rapid pace of change in the cloud
3.9 Growth potential analysis
3.10 Porter’s analysis
3.11 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
4.1 Introduction
4.2 Company market share, 2023
4.3 Competitive analysis of major market players, 2023
4.3.1 Cisco Systems, Inc.
4.3.2 IBM Corporation
4.3.3 Microsoft Corporation
4.3.4 Google LLC
4.3.5 VMware
4.3.6 Palo Alto Networks, Inc.
4.3.7 Juniper Networks, Inc.
4.4 Competitive positioning matrix, 2023
4.5 Strategic outlook matrix, 2023
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About Global Market Insights Inc.
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
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