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How has the cloud workload protection market grown in recent years?

The market size for cloud workload protection has seen a significant expansion in the past few years. The market, which is projected to escalate from $7.33 billion in 2024 to $9 billion in 2025, promises a compound annual growth rate (CAGR) of 22.8%. Factors contributing to the growth during the historical period include the shift to cloud-based solutions, data breach incidents and cyber threats, regulation compliances, intricacy of cloud infrastructures, shared accountability models and heightened consciousness about security risks.

How is the cloud workload protection market size expected to evolve during the forecast period?

In the ensuing years, an exponential growth pathway is anticipated for the cloud workload protection market, with a prediction to inflate to $20.8 billion by the year 2029, advancing at a compound annual growth rate (CAGR) of 23.3%. This surge in size during the forecast period can be linked to various factors such as the uptick in cloud adoption, the emergence of hybrid and multi-cloud implementations, an emphasis on zero trust security, swift progress in containers and serverless computing, and enhancements in threat intelligence and analytics. Some of the future dominating trends include the adoption of zero trust architecture, consolidation of cloud security solutions, increased focus on threat response, transitioning to cloud-native security, and automation orchestration.

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Which key drivers are propelling the cloud workload protection market’s growth?

The escalation in cybersecurity dangers is anticipated to fuel the expansion of the cloud workload protection market. Cybersecurity threats, which could potentially damage digital systems, data, networks, or even individuals, involves malicious activities or occurrences. The reasons behind emerging threats include pervasive use of digital technology, an abundance of IoT devices, and a deficiency of cybersecurity consciousness. To curb these cybersecurity threats, cloud workload protection comes into play. It aids organizations by supplying the necessary tools and capabilities to uphold a safe and robust cloud scenario, bolster the security stance, and diminish the hazards revolving around cloud computing. For example, Check Point Software Technologies Ltd., based in Israel, stated in January 2023 that there was a 38% rise in global cyber attacks in 2022 compared to 2021, with the USA and UK witnessing augmentations of 57% and 77% respectively. Consequently, the surge in cybersecurity threats is catalyzing the growth of the cloud workload protection market.

What are the market segments in the cloud workload protection industry?

The cloud workload protection market covered in this report is segmented –

1) By Type: Training, Consulting And Integration, Support And Maintenance, Managed Services

2) By Component: Compliance Management, Vulnerability Assessment, Runtime Security, Threat Detection And Response, Monitoring, Other Components

3) By Deployment: Public Cloud, Private Cloud, Hybrid Cloud

4) By End-User: Banking, Financial Services And Insurance (BFSI), Information Technology And Telecom, Government, Health Care, Manufacturing, Energy And Utilities, Retail, Others End Users

Subsegments:

1) By Training: Employee Training Programs, Certification Courses, Awareness Workshops

2) By Consulting And Integration: Security Assessment Services, Strategy Development, Implementation And Integration Services

3) By Support And Maintenance: Technical Support Services, Regular Updates And Upgrades, Incident Response Services

4) By Managed Services: Managed Security Services, Continuous Monitoring Services, Threat Detection And Response Services

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Which leading companies are shaping the growth of the cloud workload protection market?

Major companies operating in the cloud workload protection market are Google LLC, Microsoft Corporation, Amazon Web Services Inc., International Business Machines Corporation (IBM), Broadcom Inc., VMware Inc., Palo Alto Networks Inc., Fortinet Inc., Akamai Technologies Inc., Check Point Software Technologies Ltd., McAfee LLC, Trend Micro Incorporated, CrowdStrike Holdings Inc., Zscaler Inc., Sophos Group plc, FireEye Inc., Rapid7 Inc., CyberArk Software Ltd., Qualys Inc., SentinelOne Inc., Carbon Black Inc., Aqua security softeware ltd, Armor Defense Inc., Netskope Inc., Guardicore Ltd.

What key trends are currently impacting the cloud workload protection market’s development?

Leading corporations active in the domain of cloud workload protection are increasingly creating novel solutions such as channel partner programs to advance their delivery of cloud safety solutions. Channel partner programs in the sphere of cloud workforce protection allow firms to liaise with specialized allies for the provision of top-notch security solutions, shielding remote and hybrid workforces from cyber vulnerabilities. As an illustration, in February 2024, Uptycs Inc., an American cloud safety platform firm operational in expansive hybrid cloud environments, inaugurated Upward, a partner program concentrated on augmenting the firm’s channel-first strategy for the provision of cloud security solutions. The program specifically strives to offer a comprehensive cloud-native application safety platform (CNAPP), dedicated to securing hybrid cloud environments. This enables the partners to assist businesses in securing crucial workloads across various infrastructures, inclusive of cloud and in-house environments. The program extends numerous advantages to partners, comprising deal registration, market expansion funds, and enhanced services, thereby hastening the deployment of Uptycs’ safety solutions to accommodate changing hybrid cloud safety requirements.

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Which geographic areas are influencing the growth of the cloud workload protection market?

North America was the largest region in the cloud workload protection market in 2024. The regions covered in the cloud workload protection market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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