In 2024, the most common security incident worldwide both in the cloud and on-premises remained phishing, with 73 and 74 percent of respondents stating that their company dealt with this type of attack, respectively. Moreover, the share of respondents struggling with user account compromise attacks in the cloud reached 38 percent, compared to 34 percent on-premises.

According to a 2024 survey of cybersecurity professionals worldwide, over 60 percent of respondents stated that their company had experienced a security incident related to public cloud usage in the past 12 months. Only 16 percent of respondents declared not having experienced such incidents in the past year.

In 2021, the total addressable market (TAM) for cloud security is forecast to amount to over 10 billion U.S. dollars. As businesses continue migrating workloads to the cloud, security maturity and demand increases.

During a 2022 survey conducted in Italy, 57 percent of companies stated that the most relevant cloud security requirement was the unified security management of different data center and cloud environments. By contrast, according to another 23 percent of companies, the most important requirement was to find easy-to-implement solutions delivered with minimal training and support from the vendor.

The statistic shows the sense of security that American IT professionals have in cloud computing services, compared to legacy systems, according to a Clutch.co survey conducted in December 2015. As of December 2015, 64 percent of respondents rated cloud infrastructure as somewhat or much more secure than legacy systems.

In a 2024 survey, nearly 60 percent of respondents among cybersecurity professionals worldwide stated that their organization's main challenge in managing cloud security operations was data security and privacy. Moreover, 55 percent of respondents highlighted configuration management as their top day-to-day cloud security challenge

In 2024, threat detection and response constituted the top cloud security priority, highlighted by nearly half of respondents among cybersecurity professionals worldwide. Other priorities include user education and awareness, as well as end-to-end visibility and monitoring, mentioned by 46 and 43 percent of respondents, respectively.

In 2021, 64 percent of respondents named data loss/leakage as their biggest cloud security concern. Issues concerning data privacy and confidentiality, as well as accidental exposure of credentials take the second and third place, respectively. As organizations worldwide continuously migrate workloads to the cloud, security issues become more pertinent.

In 2024, 37 percent of respondents in a global survey reported that the main risk to data security in the cloud was external actors, such as hackers. Other risk factors included companies' own business employees and IT staff.

When cybersecurity professionals were asked how their organizations source their cloud security, the majority stated that they prefer cloud native security with 74 percent as of 2021. Other methods include third-party cloud security and managed services cloud security.

In 2024, four out of 10 respondents surveyed globally stated that their company did not experience financial damage because of cloud cyber attacks. However, seven percent of respondents answered that their companies suffered losses worth over 200,001 U.S. dollars because of cloud cyber incidents.

In a 2024 survey, nearly 60 percent of organizations expected their cloud security budget to increase in the next 12 months. By contrast, only seven percent of respondents thought their company's cloud security budget would decrease.

In 2024, the main driver for considering cloud-based security solutions was better scalability, highlighted by 56 percent of respondents, followed by cost savings. Another important driver for 46 percent of respondents was faster time to deployment.

In 2024, nearly half of respondents among IT and security professionals worldwide declared using Cloud Access Security Broker (CASB) as their cloud security management platform. Manual audits were also popular, with 44 percent of respondents using them.

The majority of enterprises and organizations surveyed in May 2020 are at least moderately confident in their cloud security posture. About one quarter of organizations however are only slightly or not at all confident with their cloud security posture.

By 2021, the retail industry experienced an increase of 402 percent in cloud security incidents. Other industries that saw a steep increase in security incidents are manufacturing with 230 percent and government with 205 percent. This increase is due to the pressure to move workloads to the cloud quickly in response to the outbreak of the COVID-19 pandemic in 2020.

The main hybrid cloud security challenge that global companies were facing as of November 2022 was to detect unauthorized application usage. It was followed by the ability for detecting and responding to cyber threats.

In 2020, the global cloud security software market was valued at 29.5 billion U.S. dollars. It is expected to reach approximately 37 billion U.S. dollars by 2026. The largest market is North America, whereas Asia Pacific is the fastest growing market. The rapid growth in cloud adoption over the past years have driven the need for better cloud security solutions. For this reason, managed security services providers are often collaborating with vendors offering security solutions to develop more mature products that serve their customers' needs.

Global cloud security spending skyrocketed over the past years, increasing from just 595 million U.S. dollars in 2020 to over 5.6 billion U.S. dollars in 2023. By 2024, cloud security spending is forecast to reach nearly seven billion U.S. dollars.

The revenue in the 'Cloud Security' segment of the cybersecurity market in the United States was forecast to continuously increase between 2024 and 2029 by in total 1.9 billion U.S. dollars (+217.57 percent). After the ninth consecutive increasing year, the indicator is estimated to reach 2.8 billion U.S. dollars and therefore a new peak in 2029. Notably, the revenue of the 'Cloud Security' segment of the cybersecurity market was continuously increasing over the past years.Find more information concerning Portugal and France. The Statista Market Insights cover a broad range of additional markets.