The Asia Pacific Cloud Security Market would witness market growth of 15.5% CAGR during the forecast period (2021-2027).
Owing to the fast-paced nature of the industry, open source platforms may become more popular. Security-as-a-service products and managed security service providers will gain momentum in the industry as a result of the variety of data and varied attack vectors. The industry will benefit from the sharing of security and data protection responsibilities between cloud service providers (CSPs) and cloud end users. In addition, technologies like virtualization and convergence, as well as programmes like computer emergency readiness teams (CERTs), are anticipated to aid in the implementation of security at various levels of cloud infrastructure.
According to Cisco, The Future of Cloud in Asia Pacific, overall cloud spending in the area is predicted to attain an amount of US$200 billion by 2024, with cloud investment expanding at a growth rate of over 20% CAGR since 2018. Singapore is one of the top markets in Asia Pacific for overall IT spending, which includes apps, infrastructure, platforms, and services. By 2024, the economies of Indonesia, Malaysia, the Philippines, and Vietnam are expected to lead the pack in terms of cloud spending growth, with a growth of 25% CAGR.
In the past, insufficient security was a major argument for businesses to avoid adopting public cloud solutions. Surprisingly, in recent years, cloud security has become a significant motivator to take more immediate action. This increase in confidence is not coincidental: cloud service providers' efforts in cutting-edge security solutions have played a key role. Automated solutions that use machine learning algorithms to forecast and respond to the next generation of cyberattacks, for example, are making cloud computing more safe for enterprises. Furthermore, the majority of popular cloud security solutions have a single dashboard that provides insight into the whole security posture, allowing businesses to take consistent threat remediation activities throughout all platforms and workloads.
The China market dominated the Asia Pacific Cloud Security Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $6.8 billion by 2027.The Japan market is exhibiting a CAGR of 14.8% during (2021 - 2027). Additionally, The India market would experience a CAGR of 16.3% during (2021 - 2027).
Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises (SMEs). Based on Vertical, the market is segmented into Telecom & IT, BFSI, Healthcare, Retail & eCommerce, Government & Defense, Utilities, Manufacturing, and Others. Based on Application, the market is segmented into Email & Web Security, Cloud Identity & Access Management, Data Encryption & Prevention, Threat Intelligence, Monitoring & Protection, and Others. Based on Service Model, the market is segmented into Software-as-a-Service (SaaS), Infrastructure-as-a-Service (IaaS), and Platform-as-a-Service (PaaS). Based on Security Type, the market is segmented into Network Security, Endpoint Security, Perimeter Security, Application Security and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Cloud Security Market is Projected to reach USD 86 Billion by 2027, at a CAGR of 13.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include McAfee Corp., IBM Corporation, Microsoft Corporation, Google LLC, Amazon Web Services, Inc., Cisco Systems, Inc., Palo Alto Networks, Inc., Check Point Software Technologies Ltd., Sophos Group PLC (Thoma Bravo), and Trend Micro, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Organization Size
- Large Enterprises and
- Small & Medium Enterprises (SMEs)
By Vertical
- Telecom & IT
- BFSI
- Healthcare
- Retail & eCommerce
- Government & Defense
- Utilities
- Manufacturing, and
- Others
By Application
- Email & Web Security
- Cloud Identity & Access Management
- Data Encryption & Prevention
- Threat Intelligence
- Monitoring & Protection,
- Others
By Service Model
- Software-as-a-Service (SaaS)
- Infrastructure-as-a-Service (IaaS),
- Platform-as-a-Service (PaaS)
By Security Type
- Network Security
- Endpoint Security
- Perimeter Security
- Application Security
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- McAfee Corp.
- IBM Corporation
- Microsoft Corporation
- Google LLC
- Amazon Web Services, Inc.
- Cisco Systems, Inc.
- Palo Alto Networks, Inc.
- Check Point Software Technologies Ltd.
- Sophos Group PLC (Thoma Bravo)
- Trend Micro, Inc.
TABLE 1 Asia Pacific Cloud Security Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Cloud Security Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Cloud Security Market
TABLE 4 Product Launches And Product Expansions– Cloud Security Market
TABLE 5 Acquisition and Mergers– Cloud Security Market
TABLE 6 Geographical expansions– Cloud Security Market
TABLE 7 Asia Pacific Cloud Security Market by Organization Size, 2017 - 2020, USD Million
TABLE 8 Asia Pacific Cloud Security Market by Organization Size, 2021 - 2027, USD Million
TABLE 9 Asia Pacific Large Enterprises Market by Country, 2017 - 2020, USD Million
TABLE 10 Asia Pacific Large Enterprises Market by Country, 2021 - 2027, USD Million
TABLE 11 Asia Pacific Small & Medium Enterprises (SMEs) Market by Country, 2017 - 2020, USD Million
TABLE 12 Asia Pacific Small & Medium Enterprises (SMEs) Market by Country, 2021 - 2027, USD Million
TABLE 13 Asia Pacific Cloud Security Market by Vertical, 2017 - 2020, USD Million
TABLE 14 Asia Pacific Cloud Security Market by Vertical, 2021 - 2027, USD Million
TABLE 15 Asia Pacific Telecom & IT Market by Country, 2017 - 2020, USD Million
TABLE 16 Asia Pacific Telecom & IT Market by Country, 2021 - 2027, USD Million
TABLE 17 Asia Pacific BFSI Market by Country, 2017 - 2020, USD Million
TABLE 18 Asia Pacific BFSI Market by Country, 2021 - 2027, USD Million
TABLE 19 Asia Pacific Healthcare Market by Country, 2017 - 2020, USD Million
TABLE 20 Asia Pacific Healthcare Market by Country, 2021 - 2027, USD Million
TABLE 21 Asia Pacific Retail & eCommerce Market by Country, 2017 - 2020, USD Million
TABLE 22 Asia Pacific Retail & eCommerce Market by Country, 2021 - 2027, USD Million
TABLE 23 Asia Pacific Government & Defense Market by Country, 2017 - 2020, USD Million
TABLE 24 Asia Pacific Government & Defense Market by Country, 2021 - 2027, USD Million
TABLE 25 Asia Pacific Utilities Market by Country, 2017 - 2020, USD Million
TABLE 26 Asia Pacific Utilities Market by Country, 2021 - 2027, USD Million
TABLE 27 Asia Pacific Manufacturing Market by Country, 2017 - 2020, USD Million
TABLE 28 Asia Pacific Manufacturing Market by Country, 2021 - 2027, USD Million
TABLE 29 Asia Pacific Others Market by Country, 2017 - 2020, USD Million
TABLE 30 Asia Pacific Others Market by Country, 2021 - 2027, USD Million
TABLE 31 Asia Pacific Cloud Security Market by Application, 2017 - 2020, USD Million
TABLE 32 Asia Pacific Cloud Security Market by Application, 2021 - 2027, USD Million
TABLE 33 Asia Pacific Email & Web Security Market by Country, 2017 - 2020, USD Million
TABLE 34 Asia Pacific Email & Web Security Market by Country, 2021 - 2027, USD Million
TABLE 35 Asia Pacific Cloud Identity & Access Management Market by Country, 2017 - 2020, USD Million
TABLE 36 Asia Pacific Cloud Identity & Access Management Market by Country, 2021 - 2027, USD Million
TABLE 37 Asia Pacific Data Encryption & Prevention Market by Country, 2017 - 2020, USD Million
TABLE 38 Asia Pacific Data Encryption & Prevention Market by Country, 2021 - 2027, USD Million
TABLE 39 Asia Pacific Threat Intelligence, Monitoring & Protection Market by Country, 2017 - 2020, USD Million
TABLE 40 Asia Pacific Threat Intelligence, Monitoring & Protection Market by Country, 2021 - 2027, USD Million
TABLE 41 Asia Pacific Others Market by Country, 2017 - 2020, USD Million
TABLE 42 Asia Pacific Others Market by Country, 2021 - 2027, USD Million
TABLE 43 Asia Pacific Cloud Security Market by Service Model, 2017 - 2020, USD Million
TABLE 44 Asia Pacific Cloud Security Market by Service Model, 2021 - 2027, USD Million
TABLE 45 Asia Pacific Software-as-a-Service (SaaS) Market by Country, 2017 - 2020, USD Million
TABLE 46 Asia Pacific Software-as-a-Service (SaaS) Market by Country, 2021 - 2027, USD Million
TABLE 47 Asia Pacific Infrastructure-as-a-Service (IaaS) Market by Country, 2017 - 2020, USD Million
TABLE 48 Asia Pacific Infrastructure-as-a-Service (IaaS) Market by Country, 2021 - 2027, USD Million
TABLE 49 Asia Pacific Platform-as-a-Service (PaaS) Market by Country, 2017 - 2020, USD Million
TABLE 50 Asia Pacific Platform-as-a-Service (PaaS) Market by Country, 2021 - 2027, USD Million
TABLE 51 Asia Pacific Cloud Security Market by Security Type, 2017 - 2020, USD Million
TABLE 52 Asia Pacific Cloud Security Market by Security Type, 2021 - 2027, USD Million
TABLE 53 Asia Pacific Network Security Market by Country, 2017 - 2020, USD Million
TABLE 54 Asia Pacific Network Security Market by Country, 2021 - 2027, USD Million
TABLE 55 Asia Pacific Endpoint Security Market by Country, 2017 - 2020, USD Million
TABLE 56 Asia Pacific Endpoint Security Market by Country, 2021 - 2027, USD Million
TABLE 57 Asia Pacific Perimeter Security Market by Country, 2017 - 2020, USD Million
TABLE 58 Asia Pacific Perimeter Security Market by Country, 2021 - 2027, USD Million
TABLE 59 Asia Pacific Application Security Market by Country, 2017 - 2020, USD Million
TABLE 60 Asia Pacific Application Security Market by Country, 2021 - 2027, USD Million
TABLE 61 Asia Pacific Others Market by Country, 2017 - 2020, USD Million
TABLE 62 Asia Pacific Others Market by Country, 2021 - 2027, USD Million
TABLE 63 Asia Pacific Cloud Security Market by Country, 2017 - 2020, USD Million
TABLE 64 Asia Pacific Cloud Security Market by Country, 2021 - 2027, USD Million
TABLE 65 China Cloud Security Market, 2017 - 2020, USD Million
TABLE 66 China Cloud Security Market, 2021 - 2027, USD Million
TABLE 67 China Cloud Security Market by Organization Size, 2017 - 2020, USD Million
TABLE 68 China Cloud Security Market by Organization Size, 2021 - 2027, USD Million
TABLE 69 China Cloud Security Market by Vertical, 2017 - 2020, USD Million
TABLE 70 China Cloud Security Market by Vertical, 2021 - 2027, USD Million
TABLE 71 China Cloud Security Market by Application, 2017 - 2020, USD Million
TABLE 72 China Cloud Security Market by Application, 2021 - 2027, USD Million
TABLE 73 China Cloud Security Market by Service Model, 2017 - 2020, USD Million
TABLE 74 China Cloud Security Market by Service Model, 2021 - 2027, USD Million
TABLE 75 China Cloud Security Market by Security Type, 2017 - 2020, USD Million
TABLE 76 China Cloud Security Market by Security Type, 2021 - 2027, USD Million
TABLE 77 Japan Cloud Security Market, 2017 - 2020, USD Million
TABLE 78 Japan Cloud Security Market, 2021 - 2027, USD Million
TABLE 79 Japan Cloud Security Market by Organization Size, 2017 - 2020, USD Million
TABLE 80 Japan Cloud Security Market by Organization Size, 2021 - 2027, USD Million
TABLE 81 Japan Cloud Security Market by Vertical, 2017 - 2020, USD Million
TABLE 82 Japan Cloud Security Market by Vertical, 2021 - 2027, USD Million
TABLE 83 Japan Cloud Security Market by Application, 2017 - 2020, USD Million
TABLE 84 Japan Cloud Security Market by Application, 2021 - 2027, USD Million
TABLE 85 Japan Cloud Security Market by Service Model, 2017 - 2020, USD Million
TABLE 86 Japan Cloud Security Market by Service Model, 2021 - 2027, USD Million
TABLE 87 Japan Cloud Security Market by Security Type, 2017 - 2020, USD Million
TABLE 88 Japan Cloud Security Market by Security Type, 2021 - 2027, USD Million
TABLE 89 India Cloud Security Market, 2017 - 2020, USD Million
TABLE 90 India Cloud Security Market, 2021 - 2027, USD Million
TABLE 91 India Cloud Security Market by Organization Size, 2017 - 2020, USD Million
TABLE 92 India Cloud Security Market by Organization Size, 2021 - 2027, USD Million
TABLE 93 India Cloud Security Market by Vertical, 2017 - 2020, USD Million
TABLE 94 India Cloud Security Market by Vertical, 2021 - 2027, USD Million
TABLE 95 India Cloud Security Market by Application, 2017 - 2020, USD Million
TABLE 96 India Cloud Security Market by Application, 2021 - 2027, USD Million
TABLE 97 India Cloud Security Market by Service Model, 2017 - 2020, USD Million
TABLE 98 India Cloud Security Market by Service Model, 2021 - 2027, USD Million
TABLE 99 India Cloud Security Market by Security Type, 2017 - 2020, USD Million
TABLE 100 India Cloud Security Market by Security Type, 2021 - 2027, USD Million
TABLE 101 South Korea Cloud Security Market, 2017 - 2020, USD Million
TABLE 102 South Korea Cloud Security Market, 2021 - 2027, USD Million
TABLE 103 South Korea Cloud Security Market by Organization Size, 2017 - 2020, USD Million
TABLE 104 South Korea Cloud Security Market by Organization Size, 2021 - 2027, USD Million
TABLE 105 South Korea Cloud Security Market by Vertical, 2017 - 2020, USD Million
TABLE 106 South Korea Cloud Security Market by Vertical, 2021 - 2027, USD Million
TABLE 107 South Korea Cloud Security Market by Application, 2017 - 2020, USD Million
TABLE 108 South Korea Cloud Security Market by Application, 2021 - 2027, USD Million
TABLE 109 South Korea Cloud Security Market by Service Model, 2017 - 2020, USD Million
TABLE 110 South Korea Cloud Security Market by Service Model, 2021 - 2027, USD Million
TABLE 111 South Korea Cloud Security Market by Security Type, 2017 - 2020, USD Million
TABLE 112 South Korea Cloud Security Market by Security Type, 2021 - 2027, USD Million
TABLE 113 Singapore Cloud Security Market, 2017 - 2020, USD Million
TABLE 114 Singapore Cloud Security Market, 2021 - 2027, USD Million
TABLE 115 Singapore Cloud Security Market by Organization Size, 2017 - 2020, USD Million
TABLE 116 Singapore Cloud Security Market by Organization Size, 2021 - 2027, USD Million
TABLE 117 Singapore Cloud Security Market by Vertical, 2017 - 2020, USD Million
TABLE 118 Singapore Cloud Security Market by Vertical, 2021 - 2027, USD Million
TABLE 119 Singapore Cloud Security Market by Application, 2017 - 2020, USD Million
TABLE 120 Singapore Cloud Security Market by Application, 2021 - 2027, USD Million
TABLE 121 Singapore Cloud Security Market by Service Model, 2017 - 2020, USD Million
TABLE 122 Singapore Cloud Security Market by Service Model, 2021 - 2027, USD Million
TABLE 123 Singapore Cloud Security Market by Security Type, 2017 - 2020, USD Million
TABLE 124 Singapore Cloud Security Market by Security Type, 2021 - 2027, USD Million
TABLE 125 Malaysia Cloud Security Market, 2017 - 2020, USD Million
TABLE 126 Malaysia Cloud Security Market, 2021 - 2027, USD Million
TABLE 127 Malaysia Cloud Security Market by Organization Size, 2017 - 2020, USD Million
TABLE 128 Malaysia Cloud Security Market by Organization Size, 2021 - 2027, USD Million
TABLE 129 Malaysia Cloud Security Market by Vertical, 2017 - 2020, USD Million
TABLE 130 Malaysia Cloud Security Market by Vertical, 2021 - 2027, USD Million
TABLE 131 Malaysia Cloud Security Market by Application, 2017 - 2020, USD Million
TABLE 132 Malaysia Cloud Security Market by Application, 2021 - 2027, USD Million
TABLE 133 Malaysia Cloud Security Market by Service Model, 2017 - 2020, USD Million
TABLE 134 Malaysia Cloud Security Market by Service Model, 2021 - 2027, USD Million
TABLE 135 Malaysia Cloud Security Market by Security Type, 2017 - 2020, USD Million
TABLE 136 Malaysia Cloud Security Market by Security Type, 2021 - 2027, USD Million
TABLE 137 Rest of Asia Pacific Cloud Security Market, 2017 - 2020, USD Million
TABLE 138 Rest of Asia Pacific Cloud Security Market, 2021 - 2027, USD Million
TABLE 139 Rest of Asia Pacific Cloud Security Market by Organization Size, 2017 - 2020, USD Million
TABLE 140 Rest of Asia Pacific Cloud Security Market by Organization Size, 2021 - 2027, USD Million
TABLE 141 Rest of Asia Pacific Cloud Security Market by Vertical, 2017 - 2020, USD Million
TABLE 142 Rest of Asia Pacific Cloud Security Market by Vertical, 2021 - 2027, USD Million
TABLE 143 Rest of Asia Pacific Cloud Security Market by Application, 2017 - 2020, USD Million
TABLE 144 Rest of Asia Pacific Cloud Security Market by Application, 2021 - 2027, USD Million
TABLE 145 Rest of Asia Pacific Cloud Security Market by Service Model, 2017 - 2020, USD Million
TABLE 146 Rest of Asia Pacific Cloud Security Market by Service Model, 2021 - 2027, USD Million
TABLE 147 Rest of Asia Pacific Cloud Security Market by Security Type, 2017 - 2020, USD Million
TABLE 148 Rest of Asia Pacific Cloud Security Market by Security Type, 2021 - 2027, USD Million
TABLE 149 Key Information – McAfee Corp.
TABLE 150 Key information – IBM Corporation
TABLE 151 key information – Microsoft Corporation
TABLE 152 Key Information – Google LLC
TABLE 153 Key Information – Amazon Web Services, Inc.
TABLE 154 Key Information – Cisco Systems, Inc.
TABLE 155 Key Information – Palo Alto Networks, Inc.
TABLE 156 Key Information – Check Point Software Technologies Ltd.
TABLE 157 Key Information – Sophos Group PLC
TABLE 158 Key Information – Trend Micro, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2017, Nov – 2022, Feb) Leading Players
FIG 5 Recent strategies and developments: McAfee Corp.
FIG 6 Recent strategies and developments: IBM CORPORATION
FIG 7 Swot analysis: IBM Corporation
FIG 8 SWOT Analysis: Microsoft Corporation
FIG 9 Recent strategies and developments: Google LLC
FIG 10 SWOT Analysis: Alphabet Inc. (Google LLC)
FIG 11 Recent strategies and developments: Amazon Web Services, Inc.
FIG 12 Recent strategies and developments: Cisco Systems, Inc.
FIG 13 SWOT Analysis: Cisco Systems, Inc.
FIG 14 Recent strategies and developments: Palo Alto Networks, Inc.
FIG 15 Recent strategies and developments: Check Point Software Technologies Ltd.
FIG 16 Recent strategies and developments: Sophos Group PLC
FIG 17 Recent strategies and developments: Trend Micro, Inc.