The revenue in the 'Cloud Security' segment of the cybersecurity market in Europe was forecast to continuously increase between 2024 and 2029 by in total 1.2 billion U.S. dollars (+217.35 percent). After the ninth consecutive increasing year, the indicator is estimated to reach 1.7 billion U.S. dollars and therefore a new peak in 2029. Notably, the revenue of the 'Cloud Security' segment of the cybersecurity market was continuously increasing over the past years.
Data provided by Statista Market Insights are estimates.
Definition : The Cloud Security market refers to the market for a set of security practices used across public, private, and hybrid cloud environments to protect virtualized IT systems, data, services, applications, and cloud-based infrastructure from cyber threats. Cloud computing security methods are employed to ensure user and device authentication as well as data privacy, and to decrease the risk of data loss and breaches.
The primary objective of cloud security is to guarantee the confidentiality, integrity, and availability of applications, data, and IT infrastructure in cloud environments.
Additional information:
The Cloud Security market comprises revenues, revenue change, average spend per employee, a list of the key players in the market, as well as their consolidated revenues and market shares. Market values represent revenues that are generated by primary vendors, either directly or through distribution channels (manufacturer prices, excluding VAT). Reported market revenues include consumer spending (B2C), business spending (B2B), and government spending (B2G). Detailed definitions of each market can be found on the corresponding market pages. Key players in the market include Rapid7, Tenable Holdings, and Trend Micro.
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Statista. (June 12, 2024). Revenue of the cloud security market in Europe from 2020 to 2029 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/forecasts/966959/cloud-security-services-revenue-in-europe
Statista. "Revenue of the cloud security market in Europe from 2020 to 2029 (in million U.S. dollars)." Chart. June 12, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/forecasts/966959/cloud-security-services-revenue-in-europe
Statista. (2024). Revenue of the cloud security market in Europe from 2020 to 2029 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/forecasts/966959/cloud-security-services-revenue-in-europe
Statista. "Revenue of The Cloud Security Market in Europe from 2020 to 2029 (in Million U.S. Dollars)." Statista, Statista Inc., 12 Jun 2024, https://www.statista.com/forecasts/966959/cloud-security-services-revenue-in-europe
Statista, Revenue of the cloud security market in Europe from 2020 to 2029 (in million U.S. dollars) Statista, https://www.statista.com/forecasts/966959/cloud-security-services-revenue-in-europe (last visited December 30, 2024)
Revenue of the cloud security market in Europe from 2020 to 2029 (in million U.S. dollars) [Graph], Statista, June 12, 2024. [Online]. Available: https://www.statista.com/forecasts/966959/cloud-security-services-revenue-in-europe
