The North America Cloud Workload Protection Platform Market would witness market growth of 21.5% CAGR during the forecast period (2023-2030).
A Cloud Workload Protection Platform (CWPP) is a security system that protects cloud server workloads from risks and vulnerabilities such as malicious intrusions, malware, and unauthorized applications. This solution streamlines visibility and security control for hybrid, multi-cloud networks, including on-premises servers, containers, Virtual Machines (VMs), and serverless workloads. Security for runtime, compliance, monitoring, logging, vulnerability management, and more are all included in cloud workload protection.
Cloud computing has become a vital component of enterprises due to the swift digital revolution and the shift toward remote work. Numerous companies continue integrating their operations into the cloud, emphasizing the importance of robust cloud workload protection strategies. Cybercriminals are growing more proficient at exploiting weaknesses in cloud systems as cloud technologies progress. This advancement demands the development of cloud workload protection strategies that are more dynamic and robust.
In North America, edge computing brings processing closer to the data source, lowering latency and boosting real-time decision-making. CWPP solutions extend security measures to edge computing environments, safeguarding the workloads and applications running on edge devices in the North America region. Integrating security measures seamlessly from the edge to the cloud is essential for comprehensive cybersecurity in North America. The factors mentioned above will drive the regional market growth.
The US market dominated the North America Cloud Workload Protection Platform Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $3,456.6 million by 2030. The Canada market is experiencing a CAGR of 24.2% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 23.1% during (2023 - 2030).
Based on Organization Size, the market is segmented into Large Enterprises, and Small & Medium Enterprises. Based on Deployment Type, the market is segmented into Public, Private, and Hybrid. Based on Component, the market is segmented into Solution (Vulnerability Assessment, Threat Detection & Response, Runtime Security, Compliance Management, Monitoring, Others), and Services. Based on End-use, the market is segmented into BFSI, Government & Public Sector, Energy & Utilities, Healthcare & Lifesciences, Media & Entertainment, Manufacturing, Retail & eCommerce, IT & Telecom, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Cloud Workload Protection Platform Market is Predict to reach $13.2 Billion by 2030, at a CAGR of 22.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Trend Micro, Inc., Palo Alto Networks, Inc., Broadcom, Inc., SentinelOne, Inc., Microsoft Corporation, Trellix (Symphony Technology Group), Orca Security Ltd., Sysdig, Inc., Check Point Software Technologies Ltd., and Cisco Systems, Inc.
By Organization Size
By Deployment Type
By Component
By End-use
By Country
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