Cloud Security Posture Management Market Estimated to Reach $10.74 Billion, Growing at 15.2% CAGR by 2029
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How Is the Cloud Security Posture Management Market Size Expected to Evolve From 2025 to 2029?
The cloud security posture management market size has grown rapidly in recent years. It will grow from $5.36 billion in 2024 to $6.11 billion in 2025 at a compound annual growth rate (CAGR) of 13.9%. The growth in the historic period can be attributed to increased adoption of cloud computing, growing concerns about data breaches and cybersecurity threats, compliance requirements and regulations for data protection, rapid migration of businesses to cloud-based infrastructure, complexity of managing security in multi-cloud environments.
The cloud security posture management market size is expected to see rapid growth in the next few years. It will grow to $10.74 billion in 2029 at a compound annual growth rate (CAGR) of 15.2%. The growth in the forecast period can be attributed to continued growth of cloud adoption across industries, rise in the frequency and sophistication of cyberattacks, expansion of hybrid and multi-cloud architectures, emphasis on automation and orchestration in cloud security, increased focus on real-time monitoring and response capabilities. Major trends in the forecast period include integration of artificial intelligence (AI) and machine learning (ml) in security posture management, development of cloud-native security solutions, convergence of cloud security posture management (CSPM) with other security tools, growing importance of devops in cloud security strategies, integration of zero-trust security principles in cloud environments.
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Which Primary Drivers Are Expected to Shape the Future of the Cloud Security Posture Management Market?
A huge increase in the number of people using the internet for employment, education, and leisure is driving significant growth for cloud security posture management. There has been a tremendous rise in the number of internet users for various reasons such as employment, education, and leisure time. One of the most influential and quickly developing technologies is the internet which has further led to a boost in demand for cloud security posture management (CSPM). Consumption for CSPM technologies is sparked by the ensuing sharp increase in bandwidth demand as well as an unanticipated rise in the frequency of cyberattacks such as Ransomware, Distributed Denial of Service (DDoS), and other threats. For instance, in June 2024, according to the National Telecommunications and Information Administration, a US-based government agency, Internet adoption among lower-income households rose from 69% in 2021 to 73% in 2023 for those earning less than $25,000 annually. Additionally, 72% of individuals resided in homes with both fixed and mobile Internet connections in 2023, an increase from 69% in 2021. Therefore, the need to secure the data with increasing use of the internet and cyberattacks is the main concern of the customers which has led to a positive shift in the demand for cloud security posture management.
How Is the Cloud Security Posture Management Market Categorized Based on Key Segments?
The cloud security posture managementmarket covered in this report is segmented –
1) By Component: Solution, Services
2) By Organization Size: Large Enterprises, Small And Medium Enterprises
3) By Cloud Model: Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS), Software-as-a-Service (SaaS)
4) By Vertical: BFSI, Healthcare, Retail, Trade, IT, Telecommunication, Public Sector
Subsegments:
1) By Solution: Cloud Security Posture Management (CSPM) Software, Compliance Management Solutions, Risk Assessment Tools, Incident Response Solutions, Configuration Management Tools
2) By Services: Implementation Services, Training And Support Services, Consulting Services, Continuous Monitoring Services, Audit And Compliance Services
Which Future-Ready Trends Are Expected to Influence the Cloud Security Posture Management Market?
New product innovation is the key trend gaining popularity in cloud security posture management. Major companies operating in the cloud security posture management market are focused on developing new technological solutions to strengthen their position. For instance, in May 2023, WithSecure, a Finland-based cloud security posture management firm, launched a novel module for its WithSecure Elements security platform that detects unsafe cloud settings used by attackers to infiltrate networks. Cloud Security Posture Management is an innovative module for WithSecure Elements, a cloud-based security platform that allows enterprises to customize and choose the capabilities they want through several modules. The module is designed to handle risks associated with flaws and misconfigurations in major cloud-based IaaS systems. From the outset, both AWS and Microsoft Azure are supported. Cloud Security Posture Management features supplement WithSecure Elements' safeguarding of endpoints, endpoint identification and reaction, vulnerability management, and team protection modules to guarantee enterprises' cloud migration incorporates security.
Who Are the Established and Emerging Companies Competing in the Cloud Security Posture Management Market?
Major companies operating in the cloud security posture management market include International Business Machines Corporation, Cisco Systems Inc., Microsoft Corporation, VMware Inc., Check Point Software Technologies Ltd., CrowdStrike Inc., NetApp Inc., Palo Alto Networks Inc., Fortinet Inc., Qualys Inc., McAfee LLC, Trend Micro Incorporated, Lacework Inc., SentinelOne Inc., Sophos Ltd., Aqua Security Software Ltd., Cloudflare Inc., Armor Defense Inc., Alert Logic Inc., BMC Software Inc., CipherCloud Inc., CloudPassage Inc., Dome9 Security Ltd., HyTrust Inc., Illumio Inc., RedLock Inc., Skyhigh Networks Inc., Symantec Corporation, Tenable Inc., Threat Stack Inc., Twistlock Ltd., Zscaler Inc., CloudCheckr Inc.
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Which Region Is Expected to Dominate the Cloud Security Posture Management Market During the Forecast Period?
North America was the largest region in the cloud security posture management market in 2024 and is expected to be the fastest-growing region in the forecast period. The regions covered in the cloud security posture management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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