The global cloud application security market is segmented into component, organization size, vertical, and region. The component is further segmented into solutions. The solution is sub-segmented into data protection, cloud application discovery, analytics and reporting, and threat protection.

1. Cloud Application Security Market Scenario
Market Research Future (MRFR), in its latest study on the global Cloud Application Security
Market 2020, explained different factors that are expected to impact the market. According to
MRFR study, the cloud application security market is expected to rise at about 14% CAGR
through the evaluation period 2017-2023. The increase in the demand for cloud application
security can cause the application security market value to touch nearly USD 12 Bn by 2023.
The existence of major companies operating in the worldwide cloud application security can
support the expansion of the market in the review period. The introduction of innovative cloud
application security solutions can impel the expansion of the cloud application security global
market in the years ahead.
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The growing application of next-generation cloud applications to boost cloud services across
the globe can support the expansion of the market in the years ahead. The growing focus of
companies to empower business with better solutions for customer experience, human
resource, finance, and supply chain solutions can impel the expansion of the cloud application
security market in the assessment period.
Segment Study
The segment evaluation of the global cloud application security market is done by vertical,
component, and organization size.
The component based segment of the cloud application security global market are service and
solutions. The solution sub-segments are cloud application discovery, data protection, threat
protection, and analytics and reporting. The data protection based sub-segments are data loss
prevention, encryption, and identity and access management. The cloud application discovery
segments are cloud application database and risk assessment. The analytics and reporting
segments are anomaly detection, cloud usage analytic, and log management. The threat
protection segments are event management, security information, and malware detection and
prevention. The services segments includes training and education service, consulting service,
support services, and other. The organization size based segments of the cloud application
security market are medium-sized enterprises, small enterprises, and large enterprise. The
vertical based segments of the cloud application market are IT and telecom, healthcare, BFSI,
retail government and defense, and others.
Regional Analysis
The trends of the global cloud application security market is studied across APAC, EU, MEA,
and North America, following the Rest of the World. The cloud application security in the
North America region is expected to rise exponentially due to the increase in the adoption of
cloud application security solutions across major tech-companies. The presence of effective
cloud security infrastructure can also support the expansion of the regional market. In Europe,
the expansion of the cloud application market can be attributed to rapid adoption of artificial
intelligence enabled solutions by the cloud application security market. In addition, the rise in
security breaches and the growing need to comply with strict regulations is boosting the
adoption of cloud application that can impel the expansion of the market across the analysis
period. The growing popularity of cloud application security solutions, such as cloud

2. application discovery, data protection, threat protection, analytics and reporting, and others can
boost the cloud application security global market in the years to come.
Key Players
Juniper Networks, Inc. (U.S), Cisco Systems Inc. (U.S), Skyhigh Networks (U.S), Bitglass Inc.
(US), Fortinet, Inc. (U.S), Symantec Corporation (U.S), International Business Machines
Corporation (U.S), Microsoft Corporation (U.S), Palo Alto Networks, Inc. (U.S), Netskope Inc.
(U.S), CipherCloud (U.S), Trend Micro Inc. (Japan), Zscaler (U.S), Proofpoint Inc. (U.S),
CensorNet Ltd. (U.K), McAfee, Inc. (U.S), and Oracle Corporation (U.S) among others are
top-notch companies that are operating in the cloud application security market as listed by
MRFR.
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