Report ID: SQSG45B2024
Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Cloud Security Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Cloud Security industry players.
The rising adoption of cloud computing in various sectors, the widespread increase in cyber threats, and the growing focus on data privacy and regulatory compliance are the major factors making cloud security a fast-growing market worldwide. The shift of workloads and sensitive information to the cloud has resulted in a noted need for established security frameworks to address the increased risks associated with unauthorized access, data breaches, and ransomware. The rapid adoption of hybrid and multi cloud environments has stimulated increased demand for more advanced solutions, such as cloud access security brokers (CASB), zero-trust security frameworks, and AI-based threat detection solutions.
According to SkyQuest Technology “Cloud Security Market By Component (Solutions, Services), By Deployment (Private, Hybrid, Public), By Enterprise Size (Large Enterprises, Small & Medium Enterprises (SMEs)), By End Use (BFSI, Retail & E-commerce, IT & Telecom, Healthcare, Manufacturing, Government, Aerospace & Defense, Energy & Utilities, Transportation & Logistics, Others), By Region- Industry Forecast 2025-2032,” Global Cloud Security Market is projected to grow at a CAGR of over 18.6% by 2032, on account of urgent need for automating quantified data. The shift to remote and hybrid work arrangements has accelerated the rollout of cloud-based collaboration platforms. Many of these tools require greater security to provide better protection for distributed users and increased focus on user-identities. New data protection laws, such as GDPR, CCPA, and HIPAA, are being enforced by government and regulatory institutions worldwide, demanding organizations to invest in more compliant cloud security architectures. The increasing use of artificial intelligence (AI) and machine learning (ML) in security analytics is generating innovative approaches, including real-time monitoring and predictive mitigation of threats, throughout the market.
|
Company |
Est. Year |
Headquarters |
Revenue (2024, Approx.) |
Key Services |
|
Microsoft Corporation |
1975 |
Redmond, Washington, USA |
USD 20.1 billion |
Cloud & identity security, enterprise cloud protection |
|
Amazon Web Services (AWS) |
2006 |
Seattle, Washington, USA |
USD 3.5 billion |
Cloud infrastructure protection, workload security, compliance tools |
|
Palo Alto Networks, Inc. |
2005 |
Santa Clara, California, USA |
USD 7.5 billion |
Next-gen firewall, Prisma Cloud, SASE, cloud workload protection |
|
Zscaler, Inc. |
2007 |
San Jose, California, USA |
USD 1.9 billion |
Zero-trust security, secure web gateway, CASB solutions |
|
CrowdStrike Holdings, Inc. |
2011 |
Austin, Texas, USA |
USD 3.0 billion (ARR) |
Cloud-native endpoint protection, workload & identity security |
|
Fortinet, Inc. |
2000 |
Sunnyvale, California, USA |
USD 4.5 billion |
Network security, secure access, cloud firewall, SASE |
|
Check Point Software Technologies Ltd. |
1993 |
Tel Aviv, Israel |
USD 2.1 billion |
Cloud threat prevention, network & data security, unified protection |
|
Trend Micro Inc. |
1988 |
Tokyo, Japan |
USD 1.4 billion |
Cloud workload protection, endpoint & XDR security |
|
IBM Corporation (Security Division) |
1911 |
Armonk, New York, USA |
USD 4.0 billion |
Managed cloud security, threat intelligence, identity protection |
|
Qualys, Inc. |
1999 |
Foster City, California, USA |
USD 550 million |
Cloud-based vulnerability management, compliance, asset monitoring |
Founded in 1975 headquartered in Redmond, Washington, Microsoft Corporation is on the world’s largest cloud and cybersecurity solution providers. Microsoft created its Microsoft Azure Security suite to offer advanced technology threat protection, identity management, compliance, and workload protection for hybrid and multi-cloud environments.
Founded in 2006 and based in Seattle, Washington, Amazon Web Services (AWS) are the largest cloud infrastructure provider worldwide and has security services offerings in every category of cloud-native security services. AWS services include AWS Shield, Macie, GuardDuty, and CloudTrail for protection, compliance, and monitoring. These services enable enterprises to secure their data, applications, and workloads hosted in hybrid and multi-cloud environments.
Founded in 2005 and headquartered in Santa Clara, California, Palo Alto Networks is a global cybersecurity company that offers a comprehensive set of cloud and network solutions.
Founded in 2007 and headquartered in San Jose, California, Zscaler is a leader in cloud-based zero-trust cybersecurity services. Zscaler's models and cloud-based congesting signals Zscaler Internet Access (ZIA) and Zscaler Private Access (ZPA) provide secure access to applications without traditional VPN service. Zscaler's Zero Trust Exchange models fast user connectivity to cloud resources across platforms while ensuring security and usability.
Established in 2011 and located in Austin, Texas, CrowdStrike is a cybersecurity company that focuses on cloud-native endpoint and workload protection. Its Falcon platform uses AI and behavioral analytics to identify and respond to cyber threats across endpoints, identities and workloads in real-time.
Founded in 2000 and based in Sunnyvale, California, Fortinet is a cybersecurity vendor known for its integrated and automated cybersecurity offerings. Its Fortinet Security Fabric architecture consolidates network, cloud and endpoint security in one infrastructure with advanced firewalls, Secure SD-WAN, and Secure Access Service Edge (SASE).
Founded in 1993, and based in Tel Aviv, Israel, Check Point Software is a pioneer in global cybersecurity solutions providing multi-layered cloud, network and endpoint protection. Check Point's CloudGuard platform provides unified visibility and control across public, private, and hybrid cloud environments. Check Point's strength comes from innovation in firewall technology, advanced threat prevention, and AI–powered detection systems.
Founded in 1988, based in Tokyo, Japan, Trend Micro is a global leader in hybrid cloud security and extended detection and response (XDR) solutions. Trend Micro's Cloud One™ platform secures workloads, containers, and networks across multiple cloud platforms including AWS, Microsoft Azure and Google Cloud.
Founded in 1911 and based in Armonk, New York, IBM Security is a leading manufacturer of artificial intelligence-based cloud and data security solutions. The company's platforms, IBM Security QRadar and Cloud Pak for Security, provide advanced threat detection, incident response capabilities, and hybrid cloud security. The company uses Watson artificial intelligence to help automate the analysis of collected data, provide increased visibility, and better manage compliance.
Founded in 1999, and located in Foster City, California, USA. It is a leading provider of cloud-based security and compliance solutions. The company's integrated platform provides continuous visibility, vulnerability management, compliance monitoring, and threat detection across on-premises, cloud, and hybrid IT environments. Its flagship Qualys Cloud Platform enables enterprises to automate the entire range of IT security - from asset discovery and vulnerability assessment to remediation and compliance reporting.
The global cloud security industry is thriving and expanding rapidly, supported by the accelerating trend of digitalization of businesses and growing sophistication in cyber threats, and sweeping migration of enterprise workloads to cloud environments. Security has emerged as a key strategic priority as businesses are adopting hybrid and multi-cloud architectures, and working to secure data, applications, and network infrastructure. The use of AI, machine learning, and automation in cloud security platforms is transforming the way security incidents are detected and managed, by providing real-time intelligence and adaptable response. In addition, rising global data privacy regulations and an increase in awareness of cybersecurity risks are encouraging new enterprise investment in robust, compliant, scalable security solutions.
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