Data Bridge Market Research analyses that the Cloud Assurance Market is expected to reach USD 39.42 billion by 2030, which is USD 11.69 billion in 2022, at a CAGR of 16.40% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

The global cloud assurance market is expected to witness significant growth on account of growing number of cyber-crime-related activities all over the globe. Increasing concern among organizations regarding network breaches and data threats will likely enhance the market growth. Now, various organizations are focusing on reducing the risks involved in data lifecycle and increasing reliability and accountability. Hence, the investment by various organizations in cloud infrastructure increases, contributing to market growth.

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Global Cloud Assurance Market

Drivers

• Increasing number of cyber-attacks in both small and large organizations

Increasing number of cyber-attacks is encouraging large number of both small and large organizations to deploy various cyber security tools and security management services such as cloud based services to protect important documents and data. As a result of this, the demand for the cloud assurance increases which is expected to act as a major factor for the growth of the growth during the forecast period.

Opportunities

• Growing penetration of smartphones and internet

The growing penetration of smartphones and the internet across the globe is offering the benefit of cloud storage of data which progressively demand security and safety of information and data from cyber-attacks. Cloud assurance helps for saving important data on cloud from cyber-attacks. For instance, as per the report of World Bank, 43 percent of the world population used internet in 2015 which increased to 45.7 percent in 2016. Thus, the growing penetration of smartphones and internet will generate lucrative opportunities for the market growth.

Market Players Covered:

Infosys Limited (India), Cisco Systems, Inc (U.S.), IBM (U.S.), mycom-osi (U.K.), NETSCOUT (U.S.), EFORTRESSES. (U.S.), Capgemini (France), Deloitte (U.K.), Fortinet Inc. (U.S.),  Broadcom Inc, (U.S.), Intel Corporation (U.S.), Microsoft (U.S.), Hewlett Packard Enterprise Development LP (U.S.), Trend Micro Incorporated (U.S.), McAfee, LLC (U.S.), Wipro Limited (India), Dell Inc (U.S.), Okta (U.S.)

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Global Cloud Assurance Market Scope

Security Type

• Network
• Content
• End-Point
• Wireless
• Application
• Encryption
• Database
• Email & Web
• Identity and Access Management (IAM)
• Data Loss Prevention

Component

• Solution
• IAM (Identity and Access Management)
• Encryption
• DLP (Data Loss Protection)
• Antivirus and Anti-Malware Intrusion Prevention System
• Risk and Compliance Management
• Firewall Unifies
• Threat Management System
• Web Filtering
• Services
• Consulting
• Design and Integration
• Managed Security Service
• Training and Education

Organization Size

• Small and Medium Enterprise
• Large Enterprise

 Deployment

• Private
• Public
• Hybrid

 End User Industry

• Retail
• Government Agencies
• Healthcare
• Banking, Financial Services and Insurance (BFSI)
• IT and Telecom
• Manufacturing

Cloud Assurance Market Regional Analysis/Insights

The countries covered in the cloud assurance market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

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