Global Cloud Security Market: Market Research by Knowledge Sourcing Intelligence
The global cloud security market will witness the growth at a CAGR of 19.05 % to reach the total market size of US$13.272 billion in 2022, increasing from US$ 4.661 billion in 2016. The increasing adoption of Internet of Things ( IoT ) and Bring Your Own Device (BYOD) coupled with increasing demand for cloud - based services is driving the growth of cloud security solutions worldwide . The need for cloud security solutions is on an upward trajectory owing to the emergence of smart cities across the developing nations. The increasing cyber thefts and attacks are creating a massive demand for advanced and robust cloud security services which allows the enterprises to secure and preserve their valuable information and data. These cyber threats are increasing rapidly due to the massive adoption of digitalization, creating a steep rise in demand for a dvanced cloud security services across the ...