According to a new report, published by KBV research, The Global Cloud Workload Protection Platform Market size is expected to reach $13.2 billion by 2030, rising at a market growth of 22.3% CAGR during the forecast period.
The Large Enterprises segment is capturing maximum revenue in the Global Cloud Workload Protection Platform Market by Organization Size in 2022; thereby, achieving a market value of $8.6 billion by 2030. Large enterprises operate extensive and diverse cloud workloads across multiple platforms. The expansion of the large enterprises segment in the CWPP is driven by the need for solutions that can scale to protect a vast array of applications, services, and data. Large enterprises operate various workloads, from legacy applications to modern microservices.
The Private segment would exhibit a CAGR of 22.6% during (2023 - 2030). Private clouds often have unique architectures and configurations tailored to an organization's needs. The private segment of CWPP solutions is designed to integrate seamlessly with private cloud environments, providing customized security measures. Private cloud environments offer organizations enhanced control over their infrastructure and data. The private segment of CWPP solutions aligns with this need for control by providing security measures that can be fine-tuned to the specific requirements and policies of the organization.
The Solution segment is registering maximum revenue in the Global Cloud Workload Protection Platform Market by Component in 2022; thereby, achieving a market value of $8.8 billion by 2030. The solution segment provides advanced threat detection and prevention capabilities, leveraging behavioral analytics, machine learning, and artificial intelligence technologies to identify and mitigate potential security threats. Automation is key to managing security in dynamic cloud environments.
The Government & Public Sector segment is experiencing a CAGR of 24.3% during (2023 - 2030). Governments & public sector segment globally are undergoing digital transformation initiatives to modernize services and improve citizen experiences. Adopting cloud services is a key component of this transformation, driving the demand for CWPP solutions to secure government workloads. Critical infrastructure, like energy grids, transportation systems, and healthcare facilities, is the responsibility of governments.
The North America region is generating highest revenue in the Global Cloud Workload Protection Platform Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $4.8 billion by 2030. The Europe region is anticipated to grow at a CAGR of 21.8% during (2023 - 2030). Additionally, The Asia Pacific region would witness a CAGR of 23.2% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/cloud-workload-protection-platform-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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 Geography
Companies Profiled
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