Product ID: SQSG45B2024
Report ID:
SQSG45B2024 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
133 |
Figures:
77
The global cloud security market is studied on the basis of geography as North America, Europe, Asia-Pacific, South America, and Middle East & Africa. North America is expected to have a sizable market share. Governments and private players in countries such as the United States, Canada, and others are increasing their investment in security solutions by launching new initiatives and embracing R&D in existing solution offerings.
For example, MIT researchers in the United States launched a new data privacy-focused initiative in April 2021 to address AI-driven analytics and changing attitudes toward personal data. Collaboration is required in five distinct technical areas: data privacy, data portability, database systems, artificial intelligence and machine learning, human-computer interaction, and new information architectures.
During the forecast period, Asia Pacific is expected to grow at the fastest CAGR. Governments and private players in China, Japan, India, Oceania, South Korea, South East Asia, and other countries are increasing their investment in cloud security by strengthening rules and regulations.
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REQUEST FREE CUSTOMIZATIONCloud Security Market size was valued at USD 29.26 billion in 2019 and is poised to grow from USD 33.13 billion in 2023 to USD 106.02 billion by 2031, growing at a CAGR of 18.1% in the forecast period (2024-2031).
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Product ID: SQSG45B2024