Cloud Security - Australia & Oceania
Australia & Oceania- Revenue in the Cloud Security market is projected to reach US$52.39m in 2024.
- Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 26.24%, resulting in a market volume of US$168.00m by 2029.
- The average Spend per Employee in the Cloud Security market is projected to reach US$2.46 in 2024.
- In global comparison, most revenue will be generated United States (US$869.2m in 2024).
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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In-Scope
- Cloud intelligence and threat prevention, such as Trend Micro Cloud One, Check Point CloudGuard, and Cisco Umbrella Cloud Security
- Cloud access security broker, such as Symantec DLP Cloud, Zscaler Cloud Security, and Akamai Enterprise Application Access
- Workload protection, such as Trend Micro Cloud One – Workload Security and Fortinet FortiWeb Cloud
Out-Of-Scope
- Hardware security, such as Brightsight, Riscure, and Red Balloon Security
- Data security, such as IBM Guardium Data Encryption, Varonis Data Security Platform, and Sophos
- Network security, such as Palo Alto Networks, Check Point, and Juniper Networks
- Endpoint security, such as Microsoft, Symantec, and Crowdstrike
- Non cloud-based solutions
