Cloud Security Market 2027 Share, Trend,
Global Industry Size, Price, Future Analysis,
The global Cloud Security Market is projected to account for USD 20.9 billion by 2027, according to a new
report by Million Insights and is expected to grow with 14.6% CAGR over the forecast period, from 2020 to
2027. Growing investment in cloud infrastructure and an increasing number of cyber-attacks are expected to
drive the market growth.
The cloud infrastructure is gaining popularity due to several benefits such as scalability, flexibility, cost-
effectiveness, and on-demand services. Additionally, the emergence of hybrid cloud to a tussle between
private and public cloud has given several frameworks and platforms to cloud users to choose from. The
adoption of cloud has been gaining traction in recent years, thereby security concerns among cloud users have
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The demand for cloud security is expected to increase during the forecast period due to the rising number of
cyber-attacks, and data breaches. In addition, industry players are also playing an important role in
implementing compliance laws and regulations according to industry-wide standards. Increasing policy
implementation and demand for security services are expected to drive the cloud security market growth in
the next few years.
Cloud Security Market Report provides in-depth analysis of industry by production, share,
size, Demand, Proposition, Development, Opportunities, Growth, Economic Trends,
Technologies Research, Segmentation, Key Futuristic, Investment Feasibility, Major Key
Players, SWOT analysis and Forecast.
Moreover, diverse threat vectors and versatility of data lead to security-as-a-service offerings. Sharing
responsibility between cloud end users and cloud service providers for data security is expected to witness a
significant impact on market growth. Fu