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.
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.
According to a 2023 survey of cybersecurity professionals, 65 percent of respondents worldwide considered misconfiguration of the cloud platform as the biggest security threat in public clouds. Exfiltration of sensitive data ranked second, according to 54 percent of respondents. Foreign state-sponsored cyber attacks constituted the main security threat in public clouds for 34 percent of respondents.
From 2019 to 2022, over 60 percent of respondents named misconfiguration of the cloud platform/wrong setup as the biggest security threat in public clouds. Other significant cloud threats were insecure interfaces, exfiltration of sensitive data, as well as unauthorized access.
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.
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According to Cognitive Market Research, the Global Information Security Consulting Market is expected to have a market size of XX million in 2024 with a growing CAGR of XX% during the forecast period.
The Asia-Pacific region has the largest market share with an expected market size of XX million in 2024 with a growing CAGR of XX% during the forecast period.
North America is the fastest growing with an expected market size of XX million in 2024 with a growing CAGR of XX% during the forecast period.
Cloud Security has the largest market share with an expected market size of XX million in 2024 with a growing CAGR of XX% during the forecast period.
The cloud segment has the largest market share with an expected market size of XX million in 2024 with a growing CAGR of XX% during the forecast period.
Large Enterprise has the largest market share with an expected market size of XX million in 2024 with a growing CAGR of XX% during the forecast period.
The BFSI segment has the largest market share with an expected market size of XX million in 2024 with a growing CAGR of XX% during the forecast period.
Market Dynamics
Key drivers
The increasing number of cyber-attacks globally is favoring market growth
Strong security solutions are in more demand as a result of the growing anxiety that cyber assaults are causing among both individuals and enterprises. Any hostile action directed towards computer networks, infrastructures, personal computers, smartphones, or computer information systems is called a cyberattack. Because of this and the need for more stringent security and regulatory compliance, the information security consulting industry is growing quickly. For instance, according to McKinsey and company, cyberattacks are on track to cause $10.5 trillion a year in damage by 2025. That’s a 300 percent increase from 2015 levels. To protect against the onslaught, organizations around the world spent around $150 billion on cybersecurity in 2021, and this sum is growing by 12.4 percent a year. In all industries combined, the average cost of a single data breach as of 2022 was approximately 4.35 million US dollars. The healthcare industry was shown to be the most expensive for this, with each leak estimated to have cost the impacted party a whopping 10.1 million dollars. The segment on finances was closely followed. The Cam4 data breach in March 2020, which revealed over 10 billion data records, was the largest known data leak as of January 2024. The Yahoo data breach, which happened in 2013, is currently the second-largest data breach in history. To compact these increasing data breaches and cybercrimes, many company solutions have been in development and adopted. Cloud migration will remain a key component of many organizations' technological agendas. For this reason, cloud providers must be able to safeguard both standard and customized cloud configurations. Furthermore, there is a sharp rise in the demand for cyber security in the fields of healthcare, banking and financial services, aviation, and automobiles. Some of the main factors driving the demand for technologically advanced information security solutions among businesses are the emergence of IoT and connected technologies, the quick adoption of smartphones for digital payments, and the use of unsecured networks for accessing organizational servers. Therefore, the market is expected to grow significantly in the coming years.
The rise in the number of regulations and developments has favoured the market growth
As cyber risks continue to grow, information security has become a key concern for both individuals and enterprises. The laws and regulatory requirements that are propelling the information security market's expansion are intended to strengthen cybersecurity defenses and shield private information from nefarious individuals. For instance, The United States government enacted two cybersecurity laws into law in June 2022. The first bill, the State and Local Government Cybersecurity Act of 2022, aims to improve cooperation between state, territorial, local, and tribal governments as well as the Cybersecurity and Infrastructure Security Agency (CISA). It is anticipated that these important actions will boost the i...
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The Cybersecurity Market Report is Segmented by Offering (Solutions (Application Security, Cloud Security, Data Security, Identity and Access Management, Infrastructure Protection, Integrated Risk Management, Network Security Equipment, and Other Solutions) and Services (Professional Services and Managed Services)), by Deployment (On-Premise and Cloud), by End-User Industry (IT and Telecommunication, BFSI, Retail and E-Commerce, Oil, Gas and Energy, Manufacturing, Government and Defense, and Other End-User Industries), by Geography (North America, Europe, Asia Pacific, (latin America, and Middle East and Africa). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.
Military Cybersecurity Market Size 2024-2028
The military cybersecurity market size is forecast to increase by USD 17.9 billion at a CAGR of 11.53% between 2023 and 2028.
The market is experiencing significant growth due to several key trends. One major factor driving market expansion is the increasing adoption of cloud-based services by defense organizations. This shift towards cloud computing provides enhanced security features and cost savings, making it an attractive option for military forces worldwide. Another trend influencing the market is the high adoption of artificial intelligence (AI) and machine learning technologies. These advanced solutions enable better threat detection and response, improving overall cybersecurity posture. However, system integration and interoperability issues remain challenges for market growth. As military forces continue to modernize their IT infrastructure, addressing these challenges will be crucial for ensuring effective cybersecurity.In summary, the market is poised for growth due to the adoption of cloud services, the integration of AI and machine learning, and the ongoing efforts to address system integration and interoperability issues.
What will be the Size of the Military Cybersecurity Market during the Forecast Period?
Request Free SampleThe market encompasses solutions designed to safeguard military networks, systems, and infrastructure from cyber threats. With the increasing reliance on technology for defense operations, this market has experienced significant growth. Unauthorized access, state-sponsored attacks, and hacking pose substantial risks to military organizations, necessitating robust cybersecurity measures. Cloud-based storage solutions, encryption, access controls, and security services are among the essential cybersecurity technologies employed to mitigate these risks. Governments worldwide have been investing heavily in this sector, recognizing its importance to national security. The integration of cybersecurity into military operations extends beyond traditional defense organizations, influencing the use of cloud-based storage solutions, unmanned vehicles, and defense personnel training.Import/export analysis and continuous defense budget allocations underscore the market's ongoing development and direction.
How is this Military Cybersecurity Industry segmented and which is the largest segment?
The military cybersecurity industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. DeploymentOn-premiseCloud-basedTypeNetwork securityData securityIdentity and access managementCloud securityGeographyNorth AmericaUSAPACChinaIndiaEuropeUKMiddle East and AfricaSouth America
By Deployment Insights
The on-premise segment is estimated to witness significant growth during the forecast period. The market encompasses solutions designed to safeguard military systems, networks, and infrastructure from cyber threats. These threats include unauthorized access, state-sponsored attacks, and cyber warfare. Military organizations invest significant defense budgets in cybersecurity measures to protect sensitive data and ensure national security. On-premises security systems, which run on an organization's own hardware infrastructure, held the largest market share in 2023. The advantages of on-premises systems include data protection and control, as data is stored locally without third-party interference. However, the shift towards cloud computing and cloud-based storage solutions has led to a decline in demand for on-premises systems. Military cybersecurity solutions encompass various technologies such as network security, endpoint security, application security, data security, cloud security, professional services, training and education, and more.Other essential components include threat intelligence, incident response, machine learning, quantum-resistant cryptography, cyber-physical systems, autonomous defense, blockchain, space operations, security solutions, and communication networks. Intelligence and surveillance, supply chain security, defense security norms, and unmanned vehicles are also critical areas of focus. Military cybersecurity is a dynamic and evolving field, requiring continuous innovation and adaptation to emerging threats.
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The On-premise segment was valued at USD 11.84 billion in 2018 and showed a gradual increase during the forecast period.
Regional Analysis
North America is estimated to contribute 36% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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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.
Threat Intelligence Security Market Size 2025-2029
The threat intelligence security market size is forecast to increase by USD 51.24 billion at a CAGR of 36.7% between 2024 and 2029.
The market is experiencing significant growth due to the increasing number of cyberattacks on connected IT assets, including point-of-sale (POS) systems and Internet of Things (IoT) devices. The complexity of IT infrastructure continues to increase, making it challenging for organizations to effectively identify and respond to threats in real-time. Security analytics plays a crucial role in this regard, enabling businesses to collect and analyze large amounts of data from various sources to identify potential threats. Cybersecurity threats In the cloud are also on the rise, necessitating the need for strong threat intelligence solutions. Big data and advanced analytics are being leveraged to gain insights into emerging threats and improve threat intelligence accuracy. The importance of threat intelligence sharing among organizations is gaining recognition as a key strategy for enhancing cybersecurity defenses. Overall, the market is expected to witness steady growth In the coming years as businesses prioritize cybersecurity to protect their digital assets.
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The cybersecurity threat intelligence market is experiencing significant growth due to the increasing volumes of data and the emergence of new threats. Adversaries continue to employ innovative cyber tactics, including deceptions and zero-day attacks, requiring organizations to enhance their threat analysis and detection procedures. Cybersecurity operations teams rely on threat intelligence systems to stay informed about potential geopolitical hazards and adversarial behavior.
Moreover, sensitive data, particularly among retailers, e-commerce platforms, and internet users, remains a prime target. The digital transformation and proliferation of connected devices, including point-of-sale (POS) systems and handheld devices, expand the attack surface, further fueling market demand. Defense contractors and international trade unions are also vulnerable to cyber threats. As the threat landscape evolves, organizations must stay vigilant to protect against evolving risks.
How is this Threat Intelligence Security Industry segmented and which is the largest segment?
The threat intelligence security industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Deployment
Cloud
On-premises
End-user
BFSI
IT and telecom
Healthcare
Transportation and logistics
Others
Channel
Manufacturer
distributor
Service provider
Aftermarket
Business Segment
Large-scale enterprises
SMEs
Geography
North America
Canada
US
APAC
China
India
Japan
South Korea
Europe
Germany
UK
France
Italy
South America
Middle East and Africa
By Deployment Insights
The cloud segment is estimated to witness significant growth during the forecast period.
Threat intelligence security is a critical component of modern cybersecurity, particularly for small and medium-sized enterprises (SMEs) seeking cost-effective and efficient solutions. Cloud-based threat intelligence security services are gaining popularity due to their subscription-based accessibility and elimination of software installation requirements. These solutions offer essential security features such as email and web security, hosted DDoS mitigation, and advanced persistent threat (APT) protection. The shift toward cloud-based security is expected to accelerate during the forecast period, driven by the increasing digitization process and the need for advanced threat identification and incident handling. Threat intelligence systems must adapt to emerging threats, including next-generation cyber tactics, potential geopolitical hazards, adversarial behavior, and insider threats.
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The cloud segment was valued at USD 2.88 billion in 2019 and showed a gradual increase during the forecast period.
Regional Analysis
North America is estimated to contribute 32% to the growth of the global market during the forecast period.
Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The North American market is experiencing significant growth due to the increasing number of cyberattacks on information systems. Approximately half of the new mali
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The Cloud Security Solutions and Services market has emerged as a vital component of the digital transformation landscape, driven by the increasing reliance of businesses on cloud infrastructure. As organizations transition to cloud environments, they face myriad security threats ranging from data breaches to compli
In Italy, according to a survey conducted in 2020, 74 percent of responding big companies stated that low awareness of threats is one of the vulnerabilities when it comes to cloud usage, making it the greatest cloud security concern. Increased attacks compared to traditional systems and inherent app vulnerabilities are other major issues related to cloud security.
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Cloud Based Manufacturing Market size was valued at USD 25.2 Billion in 2023 and is projected to reach USD 83.5 Billion by 2031, growing at a CAGR of 16.12% during the forecast period 2024-2031.
Global Cloud Based Manufacturing Market Drivers
The market drivers for the Cloud Based Manufacturing Market can be influenced by various factors. These may include:
Market Expansion: The Cloud Based Manufacturing Market is witnessing significant expansion due to the increasing adoption of Industry 4.0 technologies. As manufacturers seek to improve operational efficiency and reduce costs, cloud solutions offer scalable resources that enable real-time data access and analytics. This transformation allows companies to respond swiftly to market demands, enhancing agility and innovation. Additionally, the proliferation of IoT devices within factories facilitates connectivity, fostering data-driven decision-making. As global supply chains become more interconnected, manufacturers are recognizing the strategic advantages of cloud infrastructure, which supports remote collaboration and centralized management, ultimately driving market growth.
Cost Efficiency: Cost efficiency is a primary driver of the Cloud Based Manufacturing Market, as companies aim to reduce operational expenses while improving productivity. Cloud solutions eliminate the need for extensive on-premises IT infrastructure, thereby decreasing capital expenditures. With pay-as-you-go pricing models, businesses can align costs with actual usage, further enhancing financial flexibility. Additionally, cloud platforms often come equipped with advanced tools for analytics and automation, which streamline processes and minimize waste, contributing to lower overall production costs. By harnessing the cloud, manufacturers can allocate resources more effectively, leading to increased margins, competitiveness, and market viability.
Global Cloud Based Manufacturing Market Restraints
Several factors can act as restraints or challenges for the Cloud Based Manufacturing Market. These may include:
Data Security Concerns: One of the major restraints in the Cloud-Based Manufacturing Market is data security concerns. As manufacturers shift to cloud solutions, the risk of data breaches and cyber-attacks increases, threatening sensitive information related to design, production processes, and intellectual property. Companies worry about unauthorized access and loss of data control. Moreover, maintaining compliance with various regulations—such as GDPR in Europe and CCPA in California—adds complexity and potential liabilities. As a result, many manufacturers hesitate to fully adopt cloud solutions, opting instead for traditional systems that they perceive as offering better security against potential cyber threats and compliance issues.
Integration Challenges: Another significant restraint in the Cloud-Based Manufacturing Market is the challenges associated with integration. Many manufacturing organizations operate legacy systems and infrastructure that may not easily connect with new cloud technologies. This lack of interoperability can result in data silos, inefficiencies, and increased operational costs. Additionally, the complexity of integrating cloud solutions with existing workflows and supply chains can deter companies from transitioning. The need for skilled personnel to facilitate this integration is also a barrier, as the industry faces a shortage of talent experienced in both cloud computing and manufacturing operations, complicating the shift to cloud-based models.
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According to Cognitive Market Research, the global Public Cloud Managed Service market size will be USD XX million in 2024. It will expand at a compound annual growth rate (CAGR) of 12.30% from 2024 to 2031. North America held the major market share for more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.5% from 2024 to 2031. Europe accounted for a market share of over 30% of the global revenue with a market size of USD XX million. Asia Pacific held a market share of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.3% from 2024 to 2031. Latin America had a market share of more than 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.7% from 2024 to 2031. Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.0% from 2024 to 2031. Managed mobility led the public cloud-managed services market in 2023 Market Dynamics of Public Cloud Managed Service Market Key Drivers for Public Cloud Managed Service Market Cloud computing is becoming increasingly popular The increased usage of cloud computing by various businesses to improve operational efficiency is driving market growth. Aside from that, the widespread use of cloud solutions to manage applications, resources, and services is driving the cloud-managed services market statistics. For example, according to Flexera Software's State of Cloud Report 2023, 75% of company respondents said they were using Microsoft Azure for public cloud purposes. Furthermore, as part of a multi-year relationship, Google Cloud and Connecticut-based XPO Logistics collaborated to improve commodity mobility across supply chains. XPO used Google Cloud's data analytics, machine learning, and artificial intelligence (AI) capabilities to create faster, more efficient supply chains with greater visibility Increased focus on security and compliance The Public cloud-managed services market is primarily driven by enterprises' growing demand for enhanced security measures such as intrusion prevention, threat detection, vulnerability assessments, and data encryption to protect sensitive information and digital assets. Aside from that, cloud MSPs offer knowledge in understanding and implementing various compliance standards, assisting businesses in avoiding potential financial and legal fines, which is also driving market growth. Restraint Factor for the Public Cloud Managed Service Market Security and compliance concerns Security and compliance concerns have been major restraints to the growth of the Public Cloud Managed Service Market. In the context of adopting the public cloud, a business is very cautious about the security of data, privacy, and regulatory compliance. Factors such as the fear of data breaches, unauthorized access, and non-compliance with industry regulations make an organization wary about the full acceptance of public cloud-managed services. Security concerns should be addressed through proper security measure implementation, data protection, and compliance for users and hence help win trust to extend market adoption of the managed services in public cloud space. Impact of Covid-19 on the Public Cloud Managed Service Market Covid-19 has had a huge impact on the Public Cloud Managed Service Market. With worldwide businesses operating remotely and virtually, cloud services demand increased, of which managed services are one. Enterprises have accelerated their cloud adoption so that business continuity and remote collaboration can be possible, which increased dependence on the public cloud platform. The rapid digital transformation meant that more focus on cloud management and security was required, thereby creating the demand for managed services in cloud environment optimization and secure data protection. Introduction of the Public Cloud Managed Service Market The Public Cloud Managed Service Market refers to the industry that offers services to manage a business's functions on public cloud platforms such as Amazon Web Services, Microsoft Azure, Google Cloud Platform, and others. Such services range from managing cloud infrastructure, performance optimization, and security to tec...
Artificial Intelligence In Security Market Size 2024-2028
The artificial intelligence in security market size is forecast to increase by USD 25.47 billion at a CAGR of 34.73% between 2023 and 2028.
Artificial Intelligence (AI) is revolutionizing the security industry with its ability to analyze vast amounts of data and identify patterns that humans may miss. The market for AI in security is experiencing significant growth due to several key trends. Machine learning algorithms enable proactive threat detection and response, while natural language processing and context-aware computing enhance threat intelligence. First, there is a rapid increase In the use of mobile and other connected devices, leading to an exponential growth in data. This data requires advanced security measures to protect against cyber threats. Second, there is an increasing demand for cloud-based applications, which require strong security solutions to ensure data privacy and protection. However, the development of AI technologies also presents challenges. Technical difficulties, such as data privacy concerns and the need for large amounts of data to train AI models, can hinder market growth. Despite these challenges, the potential benefits of AI in security are significant, making it a promising area for innovation and investment.
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The artificial intelligence (AI) in security market is experiencing significant growth due to the increasing prevalence of cyber threats and the need for advanced security solutions. This market encompasses various sectors, including network security, application security, and cloud security. AI and machine learning (ML) technologies are increasingly being adopted for professional, managed, on-premises, and cloud-based security solutions. Government and defense sectors, as well as businesses, are investing in AI-driven security solutions to mitigate cyber dangers from cybercriminals, political rivalry, monetary gain, reputational harm, radical religious organizations, and other malicious actors. The market is witnessing a shift towards cloud-based products and services, as organizations seek to leverage AI for smart data utilization and automation trends in security solutions.
Digital transformation initiatives are also driving the adoption of AI in security, as businesses seek to modernize their security posture and stay ahead of evolving threats. Overall, the AI in security market is expected to continue growing, as organizations prioritize the protection of their networks, applications, and data from a diverse range of cyber threats.
How is this Artificial Intelligence In Security Industry segmented and which is the largest segment?
The artificial intelligence in security industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Deployment
On-premise
Cloud
Geography
North America
US
Europe
Germany
UK
APAC
China
Japan
Middle East and Africa
South America
By Deployment Insights
The on-premise segment is estimated to witness significant growth during the forecast period.
Artificial Intelligence (AI) is revolutionizing the security market, particularly in areas such as Network Security, Application Security, Cloud Security, and Threat Detection. AI-powered systems are increasingly being used to mitigate malicious activities, including cyberattacks, breaches, and vulnerabilities. AI is also transforming industries like Healthcare, Manufacturing, and the Automotive and Transportation sectors, securing electronic health records, medical imaging data, wearable device data, and cloud-based services. AI solutions provide advanced analytics, neural networks, and continuous monitoring to strengthen cybersecurity posture and protect against cyber dangers.
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The on-premise segment was valued at USD 2.75 billion in 2018 and showed a gradual increase during the forecast period.
Regional Analysis
North America is estimated to contribute 32% to the growth of the global market during the forecast period.
Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
For more insights on the market size of various regions, Request Free Sample
The AI in security market in North America is experiencing significant growth due to the increasing number of cyberattacks and the subsequent demand for advanced security solutions. Key industries, including retail, BFSI, manufacturing, and healthcare, are major contributors to thi
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According to Cognitive Market Research, the global hybrid cloud computing market size is USD 98142.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 18.00% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 39256.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 16.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 29442.66 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 22572.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 20.0% from 2024 to 2031.
Latin America had a market share for more than 5% of the global revenue with a market size of USD 4907.11 million in 2024 and will grow at a compound annual growth rate (CAGR) of 17.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 1962.84 million in 2024 and will grow at a compound annual growth rate (CAGR) of 17.7% from 2024 to 2031.
The solution held the highest hybrid cloud computing market revenue share in 2024.
Market Dynamics of Hybrid cloud computing Market
Key Drivers for Hybrid cloud computing Market
Rising Scalability and Flexibility to increase the demand globally
The rising demand for scalability and flexibility in IT infrastructure is driving the global adoption of hybrid cloud computing. Organizations are increasingly seeking solutions that can dynamically adjust to fluctuating workloads and business needs. Hybrid cloud environments provide the perfect blend of private and public cloud capabilities, enabling businesses to scale resources up or down efficiently. This adaptability is crucial for managing peak demand periods, optimizing costs, and ensuring continuous service delivery. Additionally, hybrid cloud offers the flexibility to run workloads in the most suitable environment, whether for performance, security, or compliance reasons. As businesses continue to prioritize agility and cost-effectiveness, the ability of hybrid cloud to seamlessly integrate and manage diverse IT resources will further fuel its global demand.
Increasing awareness about Security and Compliance to propel market growth
Increasing awareness about security and compliance is significantly propelling the growth of the hybrid cloud computing market. Businesses today face stringent regulatory requirements and heightened cybersecurity threats, making data protection and regulatory adherence paramount. Hybrid cloud solutions offer robust security features and compliance tools, enabling organizations to safeguard sensitive information while meeting diverse regulatory standards. This heightened focus on security and compliance ensures that businesses can leverage the scalability and cost-efficiency of public cloud services without compromising on data integrity. Additionally, hybrid cloud environments provide the flexibility to store critical data on private clouds, further enhancing security measures. As awareness of these benefits spreads, more organizations are adopting hybrid cloud solutions, driving substantial market growth and fostering a secure, compliant digital landscape.
Restraint Factor for the Hybrid cloud computing Market
Complexity in Integration to Limit the Sales
The complexity in integrating hybrid cloud environments poses a significant challenge that can limit sales in this market. Merging on-premises infrastructure with public and private clouds requires sophisticated orchestration and seamless interoperability, which can be difficult to achieve. This complexity often necessitates specialized skills and substantial investment in time and resources, deterring some organizations from adopting hybrid cloud solutions. Additionally, the risk of integration failures and subsequent disruptions to business operations can create hesitation among potential customers. Without a clear strategy and robust tools to manage this complexity, organizations may struggle to realize the full benefits of hybrid cloud, leading to slower adoption rates. Consequently, vendors must address these integration challenges to unlock the market’s full potential and drive broader adoption.
Impact of Covid-19 on the Hybrid cloud computing Market
The COVID-19 pandemic has pos...
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The cloud data desensitization market is experiencing robust growth, driven by increasing regulatory compliance needs (like GDPR and CCPA), the rising volume of sensitive data stored in the cloud, and the expanding adoption of cloud computing across diverse sectors. The market, estimated at $5 billion in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 15% from 2025 to 2033, reaching approximately $15 billion by 2033. Key growth drivers include the escalating need to protect sensitive data from breaches and unauthorized access, particularly within healthcare (medical research data), finance (financial risk assessment), and government (government statistics). The cloud-based delivery model offers scalability and cost-effectiveness, further fueling market expansion. While strong security measures are integral to the success of this technology, challenges remain regarding the balance between data usability and robust security protocols. Integration complexities with existing infrastructure and the potential for unforeseen vulnerabilities represent key restraints. Market segmentation reveals a strong preference for cloud-based solutions, given their inherent flexibility and scalability. The application segments, medical research data, financial risk assessment, and government statistics, are currently leading the market, primarily due to the highly sensitive nature of the data involved. Leading vendors like Micro Focus, IBM, Thales, Google Cloud, and others are actively shaping the market landscape through continuous innovation and the introduction of advanced data masking and tokenization techniques. Regional analysis indicates strong growth in North America and Europe, driven by stringent data privacy regulations and a high concentration of organizations handling sensitive data. However, increasing adoption in the Asia-Pacific region, fueled by rapid digital transformation, is expected to significantly boost market growth in the coming years. The forecast period of 2025-2033 presents a significant opportunity for market expansion, driven by increased data security awareness and evolving technological advancements.
In 2020, 52 percent of global respondents from large organizations experienced phishing attacks in terms of cloud security incidents. Overall, phishing attacks and ransomware or other malware attacks were the most commonly experienced incidents. Larger enterprises report being less prone to insider data theft than smaller companies. However, larger companies also report accidental data leakage and account compromises more often, which is likely due to their higher user numbers.
Cyber Weapon Market Size 2024-2028
The Cyber Weapon Market size is estimated to grow by USD 9.50 billion, at a CAGR of 11.83% between 2023 and 2028. The market is experiencing significant expansion due to various influencing factors. Primarily, the escalating IT security budgets of organizations worldwide reflect the increasing importance placed on safeguarding digital assets. Furthermore, the expanding need for robust infrastructure protection in the face of escalating cyber threats is driving market growth. Additionally, international conflicts have heightened the demand for advanced cyber weapons, as nations seek to gain strategic advantages over their adversaries. These factors collectively contribute to the dynamic and evolving cyber weapon market landscape.
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Market Dynamics
In today's interconnected world, the rise of malicious activities poses a significant threat to various sectors, including healthcare, where confidential data and critical information are at risk. Organizations such as Privacy International are closely monitoring surveillance technologies and spyware, recognizing the importance of safeguarding national security and digital infrastructure. With the increasing reliance on IT infrastructure, cyber vulnerabilities have become a pressing concern, leading to potential risks such as terrorism, economic disruption, and cyber espionage. The market landscape depends on Data mining, Machine learning, Semantic analysis, Neural networks, Multivariate statistics, Social media analytics, Skilled professionals, Data security, Privacy concerns, and Experience Cloud. To counter these threats, governments and international organizations have established cyber defense mechanisms, including the Cyber Mission Force and defense budgets allocated for cybersecurity initiatives. However, the corporate sector remains a target for cybercriminals seeking financial gain through security breaches and phishing attacks targeting banks, telecoms, and e-commerce platforms.
Key Market Driver
One of the key factors driving the market growth is the increasing IT security budget. Several organizations across various sectors are increasing their IT budgets due to the increasing number of cybersecurity threats. In addition, there is a significant increase in global spending on IT security budgets across the globe which mainly comprise expenses on cyber security services. For example, global spending on IT security services was around USD 71.68 billion in 2022, which is anticipated to reach approximately USD 76 billion by the end of 2023.
In addition, there is an increase in the number of cyber attacks as there is an increase in the use of websites and web applications by end-users, which fuels the number of instances of identity and data theft. Hence, the increasing complexity of cyber-attacks and the growing awareness of security risks are positively impacting the market. Hence, such factors are expected to drive the market during the forecast period.
Significant Market Trends
One of the major market trends is the growing demand for data safety and security. There is an increase in demand for systems monitoring, hardware, intellectual property, theft, and disposal of targets' data, as well as vital manufacturing and commercial activities fuelled by the market. In addition, there is an increase in demand for control of commercial losses due to factors such as the need for data safety and security.
Moreover, the growing demand across various sectors, such as the military, government, telecommunication, banking, and finance, is positively impacting the market. Furthermore, the personal data in these end-user sectors are highly prone to unexpected damage by cyber hackers. Hence, such factors are driving the market during the forecast period.
Major Market Restraint
The high cost of development is one of the key challenges hindering the market. There is a significant cost associated with the development of cyber weapons as it requires time, resources, and technical expertise. In addition, there are only a handful of companies which has the funds and capacity to help with the production of these complicated technologies.
Moreover, as research is highly confidential, it is inconceivable for potential clients to think about the cost and capacities of these frameworks. Hence, such factors are negatively impacting the market which in turn will hinder the market growth during the forecast period.
Market Segmentation
The defensive segment is estimated to witness significant growth during the forecast period. There is an increasing deployment of virus malware as defensive cyber weapons to prevent the theft of intellectual property or the erasure of data and systems. Factors such as the increase in threats to critical infrastructure in
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The Report Covers Thailand Cybersecurity Companies and the Market is Segmented by Offering (Security Type (Cloud Security, Data Security, Identity Access Management, Network Security, Consumer Security, Infrastructure Protection, Other Security Types), Services), by Deployment (Cloud, On-Premise), and by End User (BFSI, Healthcare, Manufacturing, Government and Defense, IT and Telecommunication, and Other End Users). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.
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.