Asia Pacific Cloud Security Posture Management Market

Asia Pacific Cloud Security Posture Management Market Size, Share & Industry Trends Analysis Report By Component (Solution and Services), By Cloud Model, By Organization Size, By Vertical, By Country and Growth Forecast, 2022 - 2028

Report Id: KBV-9063 Publication Date: May-2022 Number of Pages: 121
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Analysis of Market Size & Trends

The Asia Pacific Cloud Security Posture Management Market would witness market growth of 16.0% CAGR during the forecast period (2022-2028).

Organizations that have embraced a cloud-first strategy and wish to strengthen their security best practices to multi-cloud environments and hybrid clouds generally employ CSPM. While CSPM is most commonly associated with Infrastructure as a Service (IaaS) cloud services, it can also be utilized in Platform as a Service (PaaS) and Software as a Service (SaaS) cloud settings to eliminate configuration errors and lower compliance risks.

Cloud Security Posture Management tools are meant to find and fix problems created by cloud misconfigurations. However, because a given CSPM tool might only be able to apply stated best practices related to a notable cloud environment or service, it's critical to understand which tools may be used in each environment. Some tools, for instance, maybe confined to detecting misconfigurations in an Azure or AWS environment.

Healthcare is one of the significant areas of the Indian economy in relation to revenue and jobs. Between 2017 and 2022, the sector has the potential to add 2.7 million new employment in India or over 500,000 new jobs per year. An ageing population, a rising middle class, a growing share of lifestyle diseases, increased emphasis on public-private partnerships, fast implementation of digital technologies, comprising of telemedicine, as well as increased investor interest and FDI inflows over the last two decades, are all boosting the growth of the Indian healthcare sector.

The China market dominated the Asia Pacific Cloud Security Posture Management Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $833.2 Million by 2028. The Japan market is poised to grow at a CAGR of 15.3% during (2022 - 2028). Additionally, The India market would showcase a CAGR of 16.7% during (2022 - 2028).

Based on Component, the market is segmented into Solution and Services. Based on Cloud Model, the market is segmented into Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS), and Software-as-a-Service (SaaS). Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Vertical, the market is segmented into BFSI, Retail & Ecommerce, Government, IT & ITeS, Healthcare & Life Sciences, Education, 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 Posture Management Market is Projected to reach USD 9.9 Billion by 2028, at a CAGR of 15.2%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Cisco Systems, Inc., Microsoft Corporation, VMware, Inc., Check Point Software Technologies Ltd., Palo Alto Networks, Inc., Sophos Group PLC, Crowdstrike Holdings, Inc., Atos Group, and Forcepoint LLC.

Scope of the Study

Market Segments Covered in the Report:

By Component

  • Solution
  • Services

By Cloud Model

  • Infrastructure-as-a-Service (IaaS)
  • Platform-as-a-Service (PaaS)
  • Software-as-a-Service (SaaS)

By Organization Size

  • Large Enterprises
  • Small & Medium Enterprises

By Vertical

  • BFSI
  • Retail & Ecommerce
  • Government
  • IT & ITeS
  • Healthcare & Life Sciences
  • Education
  • Others

By Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:

  • IBM Corporation
  • Cisco Systems, Inc.
  • Microsoft Corporation
  • VMware, Inc.
  • Check Point Software Technologies Ltd.
  • Palo Alto Networks, Inc.
  • Sophos Group PLC
  • Crowdstrike Holdings, Inc.
  • Atos Group
  • Forcepoint LLC
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