Cloud Security Market worth $77.5 billion by 2026 – Exclusive Report by MarketsandMarkets™
CHICAGO, Jan. 31, 2022 /PRNewswire/ — According to a research report “Cloud Security Market with COVID-19 Analysis by Security Type, Application (Visibility and Risk Assessment, User and Data Governance), Service Model, Organization Size, Vertical (BFSI, IT and ITeS, Retail) and Region – Global Forecast to 2026″, published by MarketsandMarkets™, the global #Cloud Security #Market size is expected to grow from USD 40.8 billion in 2021 to USD 77.5 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 13.7% from 2021 to 2026. The major growth drivers for the market include the increasing number of security breaches and cyberattacks on cloud infrastructure, and strict regulatory compliances toward adoption of cloud services.
Hugh Taylor
Hugh Taylor is a Certified Information Security Manager (CISM). In addition to editing Journal of Cyber Policy, he writes about cybersecurity, compliance and enterprise technology for such clients as Microsoft, IBM, SAP, HPE, Oracle, Google and Advanced Micro Devices. Prior to launching his freelance writing career, he served in executive roles at Microsoft, IBM and several venture-backed technology startups.