Global Cloud Computing Market to Reach US$ 121.1 Billion by 2015 at a CAGR of 26.2%

Cloud Security is a strong growing market. This market witnessed the growth, particularly after 2010, when majority of organizations started adopting cloud services for cost cutting, agility and flexibility of IT infrastructure. Also, this era experienced the emergence of cloud specific threats. Hence to balance the migration to cloud services without compromising security led to adoption of cloud security solutions by various industries. Presently, the market is buoyed by other major factors also including increasing dependence on cloud based services, growing host servers, overall growth of SaaS applications and emergence of cloud specific threats such as web application attack, brute force, vulnerability scan, and malware and botnet attacks.

The report provides an in-depth analysis of the cloud security market across different industry verticals and regions. The vertical segment includes various industries such as government and public utilities, BFSI, IT and telecommunication, healthcare and life sciences, retail, manufacturing, media and entertainment, and transportation. Based on the regions the global cloud security market is segmented into five regions, namely North America (NA), Europe (EU), Middle East and Africa (MEA), Asia Pacific (APAC) and Latin America (LA). Presently, NA is the largest market for cloud based security services.