The Latin America, Middle East and Africa Multi-cloud Security Market would witness market growth of 20.5% CAGR during the forecast period (2022-2028).
Enterprises are increasingly choosing multi-cloud security solutions due to worries about single-cloud reliability and vendor lock-in circumstances, a tendency towards price-sensitive cloud deployments, and increasing pressure to verify compliance with multiple privacy protection and data security regulations. In addition, due to their improved ability to switch between several providers rather than being dependent on one, end users have more negotiating leverage when using multi-cloud management.
End customers can also use multi-cloud tools to spread their workload across several clouds and provide more versatility in data deployment. As a result, multi-cloud management frequently assists in preventing a situation where a vendor is locked in and enables end users to migrate between suppliers with ease.
Businesses increasingly turn to automation to manage multiple cloud infrastructures with constrained human resources. Cloud automation decision-making is anticipated to be significantly influenced by AI and ML, including thorough log analysis. Solutions and systems based on ML and AI can look for patterns in huge amounts of logging data. The knowledge gained can be utilized to forecast the breakdown of server subsystems or applications. Therefore, cloud automation may significantly aid capacity planning by enabling improved infrastructure demand forecasts.
Businesses in Latin America are refocusing their efforts from investing in technology to effectively using digital transformation initiatives to grow their businesses. As a result, information technology (IT), as well as cloud sourcing, are seeing a lot of opportunity in the new surroundings this competitive approach is creating. In response, cloud service providers are extending their offering of cloud products and services. The key drivers of the Latin American infrastructure-as-a-service (IaaS) sector have been the consumption of cloud-managed services and the use of new technologies like Big Data, the Internet of Things (IoT), and cognitive intelligence. These factors are expediting the expansion of the regional multi-cloud security market.
The Brazil market dominated the LAMEA Multi-cloud Security Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $242.3 million by 2028. The Argentina market is experiencing a CAGR of 21.2% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 20.2% during (2022 - 2028).
Based on Offering, the market is segmented into Solution and Services. Based on Application, the market is segmented into Network Security, Application Security and Endpoint & IoT Security. Based on Cloud Model, the market is segmented into Infrastructure as a Service, Platform as a Service and Software as a Service. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Vertical, the market is segmented into BFSI, IT & ITeS, Healthcare, Telecommunications, Retail & Ecommerce, Media & Entertainment, Manufacturing and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Multi-cloud Security Market is Predict to reach $12.6 Billion by 2028, at a CAGR of 17.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Microsoft Corporation, VMware, Inc., Rackspace Technology, Inc., Check Point Software Technologies Ltd., Amazon Web Services, Inc. (Amazon.com, Inc.), IBM Corporation, BMC Software, Inc. (KKR & Co., Inc.), Proofpoint, Inc., Aqua Security Software Ltd., and Imperva, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Offering
By Application
- Network Security
- Application Security
- Endpoint & IoT Security
By Cloud Model
- Infrastructure as a Service
- Platform as a Service
- Software as a Service
By Organization Size
- Large Enterprises
- Small & Medium Enterprises
By Vertical
- BFSI
- IT & ITeS
- Healthcare
- Telecommunications
- Retail & Ecommerce
- Media & Entertainment
- Manufacturing
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Microsoft Corporation
- VMware, Inc.
- Rackspace Technology, Inc.
- Check Point Software Technologies Ltd.
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- IBM Corporation
- BMC Software, Inc. (KKR & Co., Inc.)
- Proofpoint, Inc.
- Aqua Security Software Ltd.
- Imperva, Inc.
TABLE 1 LAMEA Multi-cloud Security Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Multi-cloud Security Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Multi-cloud Security Market
TABLE 4 Product Launches And Product Expansions– Multi-cloud Security Market
TABLE 5 Acquisition and Mergers– Multi-cloud Security Market
TABLE 6 geographical expansions – Multi-cloud Security Market
TABLE 7 LAMEA Multi-cloud Security Market by Offering, 2018 - 2021, USD Million
TABLE 8 LAMEA Multi-cloud Security Market by Offering, 2022 - 2028, USD Million
TABLE 9 LAMEA Solution Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Solution Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Services Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Services Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Multi-cloud Security Market by Application, 2018 - 2021, USD Million
TABLE 14 LAMEA Multi-cloud Security Market by Application, 2022 - 2028, USD Million
TABLE 15 LAMEA Network Security Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Network Security Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Application Security Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Application Security Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Endpoint & IoT Security Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Endpoint & IoT Security Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Multi-cloud Security Market by Cloud Model, 2018 - 2021, USD Million
TABLE 22 LAMEA Multi-cloud Security Market by Cloud Model, 2022 - 2028, USD Million
TABLE 23 LAMEA Infrastructure as a Service Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Infrastructure as a Service Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA Platform as a Service Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Platform as a Service Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA Software as a Service Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA Software as a Service Market by Country, 2022 - 2028, USD Million
TABLE 29 LAMEA Multi-cloud Security Market by Organization Size, 2018 - 2021, USD Million
TABLE 30 LAMEA Multi-cloud Security Market by Organization Size, 2022 - 2028, USD Million
TABLE 31 LAMEA Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 33 LAMEA Small & Medium Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 34 LAMEA Small & Medium Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 35 LAMEA Multi-cloud Security Market by Vertical, 2018 - 2021, USD Million
TABLE 36 LAMEA Multi-cloud Security Market by Vertical, 2022 - 2028, USD Million
TABLE 37 LAMEA BFSI Market by Country, 2018 - 2021, USD Million
TABLE 38 LAMEA BFSI Market by Country, 2022 - 2028, USD Million
TABLE 39 LAMEA IT & ITeS Market by Country, 2018 - 2021, USD Million
TABLE 40 LAMEA IT & ITeS Market by Country, 2022 - 2028, USD Million
TABLE 41 LAMEA Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 42 LAMEA Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 43 LAMEA Telecommunications Market by Country, 2018 - 2021, USD Million
TABLE 44 LAMEA Telecommunications Market by Country, 2022 - 2028, USD Million
TABLE 45 LAMEA Retail & Ecommerce Market by Country, 2018 - 2021, USD Million
TABLE 46 LAMEA Retail & Ecommerce Market by Country, 2022 - 2028, USD Million
TABLE 47 LAMEA Media & Entertainment Market by Country, 2018 - 2021, USD Million
TABLE 48 LAMEA Media & Entertainment Market by Country, 2022 - 2028, USD Million
TABLE 49 LAMEA Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 50 LAMEA Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 51 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 52 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 53 LAMEA Multi-cloud Security Market by Country, 2018 - 2021, USD Million
TABLE 54 LAMEA Multi-cloud Security Market by Country, 2022 - 2028, USD Million
TABLE 55 Brazil Multi-cloud Security Market, 2018 - 2021, USD Million
TABLE 56 Brazil Multi-cloud Security Market, 2022 - 2028, USD Million
TABLE 57 Brazil Multi-cloud Security Market by Offering, 2018 - 2021, USD Million
TABLE 58 Brazil Multi-cloud Security Market by Offering, 2022 - 2028, USD Million
TABLE 59 Brazil Multi-cloud Security Market by Application, 2018 - 2021, USD Million
TABLE 60 Brazil Multi-cloud Security Market by Application, 2022 - 2028, USD Million
TABLE 61 Brazil Multi-cloud Security Market by Cloud Model, 2018 - 2021, USD Million
TABLE 62 Brazil Multi-cloud Security Market by Cloud Model, 2022 - 2028, USD Million
TABLE 63 Brazil Multi-cloud Security Market by Organization Size, 2018 - 2021, USD Million
TABLE 64 Brazil Multi-cloud Security Market by Organization Size, 2022 - 2028, USD Million
TABLE 65 Brazil Multi-cloud Security Market by Vertical, 2018 - 2021, USD Million
TABLE 66 Brazil Multi-cloud Security Market by Vertical, 2022 - 2028, USD Million
TABLE 67 Argentina Multi-cloud Security Market, 2018 - 2021, USD Million
TABLE 68 Argentina Multi-cloud Security Market, 2022 - 2028, USD Million
TABLE 69 Argentina Multi-cloud Security Market by Offering, 2018 - 2021, USD Million
TABLE 70 Argentina Multi-cloud Security Market by Offering, 2022 - 2028, USD Million
TABLE 71 Argentina Multi-cloud Security Market by Application, 2018 - 2021, USD Million
TABLE 72 Argentina Multi-cloud Security Market by Application, 2022 - 2028, USD Million
TABLE 73 Argentina Multi-cloud Security Market by Cloud Model, 2018 - 2021, USD Million
TABLE 74 Argentina Multi-cloud Security Market by Cloud Model, 2022 - 2028, USD Million
TABLE 75 Argentina Multi-cloud Security Market by Organization Size, 2018 - 2021, USD Million
TABLE 76 Argentina Multi-cloud Security Market by Organization Size, 2022 - 2028, USD Million
TABLE 77 Argentina Multi-cloud Security Market by Vertical, 2018 - 2021, USD Million
TABLE 78 Argentina Multi-cloud Security Market by Vertical, 2022 - 2028, USD Million
TABLE 79 UAE Multi-cloud Security Market, 2018 - 2021, USD Million
TABLE 80 UAE Multi-cloud Security Market, 2022 - 2028, USD Million
TABLE 81 UAE Multi-cloud Security Market by Offering, 2018 - 2021, USD Million
TABLE 82 UAE Multi-cloud Security Market by Offering, 2022 - 2028, USD Million
TABLE 83 UAE Multi-cloud Security Market by Application, 2018 - 2021, USD Million
TABLE 84 UAE Multi-cloud Security Market by Application, 2022 - 2028, USD Million
TABLE 85 UAE Multi-cloud Security Market by Cloud Model, 2018 - 2021, USD Million
TABLE 86 UAE Multi-cloud Security Market by Cloud Model, 2022 - 2028, USD Million
TABLE 87 UAE Multi-cloud Security Market by Organization Size, 2018 - 2021, USD Million
TABLE 88 UAE Multi-cloud Security Market by Organization Size, 2022 - 2028, USD Million
TABLE 89 UAE Multi-cloud Security Market by Vertical, 2018 - 2021, USD Million
TABLE 90 UAE Multi-cloud Security Market by Vertical, 2022 - 2028, USD Million
TABLE 91 Saudi Arabia Multi-cloud Security Market, 2018 - 2021, USD Million
TABLE 92 Saudi Arabia Multi-cloud Security Market, 2022 - 2028, USD Million
TABLE 93 Saudi Arabia Multi-cloud Security Market by Offering, 2018 - 2021, USD Million
TABLE 94 Saudi Arabia Multi-cloud Security Market by Offering, 2022 - 2028, USD Million
TABLE 95 Saudi Arabia Multi-cloud Security Market by Application, 2018 - 2021, USD Million
TABLE 96 Saudi Arabia Multi-cloud Security Market by Application, 2022 - 2028, USD Million
TABLE 97 Saudi Arabia Multi-cloud Security Market by Cloud Model, 2018 - 2021, USD Million
TABLE 98 Saudi Arabia Multi-cloud Security Market by Cloud Model, 2022 - 2028, USD Million
TABLE 99 Saudi Arabia Multi-cloud Security Market by Organization Size, 2018 - 2021, USD Million
TABLE 100 Saudi Arabia Multi-cloud Security Market by Organization Size, 2022 - 2028, USD Million
TABLE 101 Saudi Arabia Multi-cloud Security Market by Vertical, 2018 - 2021, USD Million
TABLE 102 Saudi Arabia Multi-cloud Security Market by Vertical, 2022 - 2028, USD Million
TABLE 103 South Africa Multi-cloud Security Market, 2018 - 2021, USD Million
TABLE 104 South Africa Multi-cloud Security Market, 2022 - 2028, USD Million
TABLE 105 South Africa Multi-cloud Security Market by Offering, 2018 - 2021, USD Million
TABLE 106 South Africa Multi-cloud Security Market by Offering, 2022 - 2028, USD Million
TABLE 107 South Africa Multi-cloud Security Market by Application, 2018 - 2021, USD Million
TABLE 108 South Africa Multi-cloud Security Market by Application, 2022 - 2028, USD Million
TABLE 109 South Africa Multi-cloud Security Market by Cloud Model, 2018 - 2021, USD Million
TABLE 110 South Africa Multi-cloud Security Market by Cloud Model, 2022 - 2028, USD Million
TABLE 111 South Africa Multi-cloud Security Market by Organization Size, 2018 - 2021, USD Million
TABLE 112 South Africa Multi-cloud Security Market by Organization Size, 2022 - 2028, USD Million
TABLE 113 South Africa Multi-cloud Security Market by Vertical, 2018 - 2021, USD Million
TABLE 114 South Africa Multi-cloud Security Market by Vertical, 2022 - 2028, USD Million
TABLE 115 Nigeria Multi-cloud Security Market, 2018 - 2021, USD Million
TABLE 116 Nigeria Multi-cloud Security Market, 2022 - 2028, USD Million
TABLE 117 Nigeria Multi-cloud Security Market by Offering, 2018 - 2021, USD Million
TABLE 118 Nigeria Multi-cloud Security Market by Offering, 2022 - 2028, USD Million
TABLE 119 Nigeria Multi-cloud Security Market by Application, 2018 - 2021, USD Million
TABLE 120 Nigeria Multi-cloud Security Market by Application, 2022 - 2028, USD Million
TABLE 121 Nigeria Multi-cloud Security Market by Cloud Model, 2018 - 2021, USD Million
TABLE 122 Nigeria Multi-cloud Security Market by Cloud Model, 2022 - 2028, USD Million
TABLE 123 Nigeria Multi-cloud Security Market by Organization Size, 2018 - 2021, USD Million
TABLE 124 Nigeria Multi-cloud Security Market by Organization Size, 2022 - 2028, USD Million
TABLE 125 Nigeria Multi-cloud Security Market by Vertical, 2018 - 2021, USD Million
TABLE 126 Nigeria Multi-cloud Security Market by Vertical, 2022 - 2028, USD Million
TABLE 127 Rest of LAMEA Multi-cloud Security Market, 2018 - 2021, USD Million
TABLE 128 Rest of LAMEA Multi-cloud Security Market, 2022 - 2028, USD Million
TABLE 129 Rest of LAMEA Multi-cloud Security Market by Offering, 2018 - 2021, USD Million
TABLE 130 Rest of LAMEA Multi-cloud Security Market by Offering, 2022 - 2028, USD Million
TABLE 131 Rest of LAMEA Multi-cloud Security Market by Application, 2018 - 2021, USD Million
TABLE 132 Rest of LAMEA Multi-cloud Security Market by Application, 2022 - 2028, USD Million
TABLE 133 Rest of LAMEA Multi-cloud Security Market by Cloud Model, 2018 - 2021, USD Million
TABLE 134 Rest of LAMEA Multi-cloud Security Market by Cloud Model, 2022 - 2028, USD Million
TABLE 135 Rest of LAMEA Multi-cloud Security Market by Organization Size, 2018 - 2021, USD Million
TABLE 136 Rest of LAMEA Multi-cloud Security Market by Organization Size, 2022 - 2028, USD Million
TABLE 137 Rest of LAMEA Multi-cloud Security Market by Vertical, 2018 - 2021, USD Million
TABLE 138 Rest of LAMEA Multi-cloud Security Market by Vertical, 2022 - 2028, USD Million
TABLE 139 Key information – IBM Corporation
TABLE 140 key information – Microsoft Corporation
TABLE 141 Key Information – Amazon Web Services, Inc.
TABLE 142 Key information – VMware, Inc.
TABLE 143 Key information – Rackspace Technology, Inc.
TABLE 144 Key Information – Check Point Software Technologies Ltd.
TABLE 145 Key information – BMC Software, Inc.
TABLE 146 key information – Proofpoint, Inc.
TABLE 147 Key information – Imperva, Inc.
TABLE 148 Key information – Aqua Security Software Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2021
FIG 4 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 5 Key Strategic Move: (Acquisitions and Mergers : 2019, May – 2022, Jan) Leading Players
FIG 6 Swot analysis: IBM Corporation
FIG 7 SWOT Analysis: Microsoft Corporation
FIG 8 SWOT analysis: Amazon.com, Inc.
FIG 9 Recent strategies and developments: VMware, Inc.
FIG 10 Recent strategies and developments: Rackspace Technology, Inc.
FIG 11 Recent strategies and developments: Check Point Software Technologies Ltd.
FIG 12 Recent strategies and developments: Proofpoint, Inc.