Cloud Security Posture Management Market - By Component (Solution, Service), By Cloud Service Model (SaaS, IaaS, PaaS), By Deployment Model (Public, Private, Hybrid), By Organization Size (SMEs, Large Enterprises), By End Use, Forecast 2023 – 2032
Published Date: April - 2025 | Publisher: MIR | No of Pages: 240 | Industry: Media and IT | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationCloud Security Posture Management Market Size
Cloud Security Posture Management Market size was valued at USD 4.3 billion in 2022 and is expected to reach over 9% CAGR during the period 2023-2032. The market is witnessing increasing traction due to the rising demand for cloud computing solutions by small, medium, and large enterprises.
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In 2022, a staggering 57% of companies were busy migrating their operations to the cloud, as per a survey by Flexera. As businesses place their critical data and systems in the hands of the cloud, they must secure it tight. That's where Cloud Security Posture Management (CSPM) solutions step in. Governments are also taking data protection seriously with regulations like GDPR, CCPA, and HIPAA. These regulations require firms to keep their cloud environments sound and secure. CSPM software enables businesses to remain compliant with these regulations by making compliance tests and reports easy. This prevents them from being slapped with heavy fines for violating the rules.
| Report Attribute | Details |
|---|---|
| Base Year | 2022 |
| Cloud Security Posture Management Market Size in 2022 | USD 4.3 Billion |
| Forecast Period | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR | 9% |
| 2032 Value Projection | USD 12.3 Billion |
| Historical Data for | 2018 to 2022 |
| No. of Pages | 297 |
| Tables, Charts & Figures | 394 |
| Segments covered | Component, Cloud Service Model, Deployment Model, Organization Size, End-use, and Region |
| Growth Drivers |
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| Pitfalls & Challenges |
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What are the growth opportunities in this market?
Hi, there is an increasing demand for solutions to secure businesses' systems and data in the cloud. This is due to the fact that more and more businesses are migrating to the cloud so that they can become more agile and flexible. The primary reasons behind this are that cyber attacks are becoming increasingly sophisticated, and governments are introducing new regulations regarding data privacy. For example, the cases of "ransomware-as-a-service," under which crooks lease out ransomware tools, increased substantially in 2021 compared to 2022. Additionally, because more firms employ cloud-native solutions and work from home has become increasingly widespread, the market demand for instruments capable of orchestrating security for several clouds rose.
The technical challenge of merging CSPM solutions with present infrastructures, change resistance, and high cost of implementation may become deterrents to expansion within industries. In addition, the way that market environments transform rapidly requires constantly following updated and transforming solutions with regard to swiftly developing threats. Nevertheless, companies are addressing the trade-offs between the advantages of increased security and the difficulties of implementation and maintenance, which can drive demand for CSPM solutions during the forecast period.
COVID-19 Impact
As digital transformation and remote work projects boomed amid the pandemic, organizations sped up cloud adoption, creating a surge in demand for CSPM solutions. The abrupt transition to remote work also increased security risks, making CSPM tools important for protecting cloud environments. Nonetheless, the economic uncertainty led some companies to scrutinize their budget, and thereby CSPM investment decisions could have been impacted. In general, COVID-19 highlighted the need for cloud security, and in turn, promoted greater awareness and interest in CSPM solutions, cementing their place in an ever-changing cybersecurity landscape.
Cloud Security Posture Management Market Trends
Hi! You know that cloud security is on the rise, right? Well, there are some really awesome trends in the market that are assisting us in keeping our clouds secure. For starters, organizations are going large on automation. They're implementing AI and machine learning to discover security issues and resolve them near-instantaneously. It's like having a superhero on the team who doesn't sleep! Another trend is that businesses are using multiple cloud providers and blending them with their own infrastructure. That means we have to have tools that can work with all these various configurations. CSPM tools are rising to the challenge to assist. Oh, and don't forget government regulations. They're becoming more stringent, so businesses are employing CSPM solutions that assist them in demonstrating they're complying with the rules. And lastly, CSPM tools are getting along with other security tools and platforms. It's a team effort to secure your cloud. They're cooperating to simplify and improve cloud security.
Cloud Security Posture Management Market Analysis
Discover more about the major segments defining this market
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As businesses adopt the cloud, they're confronted with new security issues. That's why the cloud security posture management (CSPM) market is flourishing. CSPM services and products aim to protect cloud environments from threat. They implement sophisticated threat discovery and vulnerability testing to find risks and remove them before they develop into issues. With increased growth in cloud use, there will be greater need for CSPM. In reality, the market for CSPM products will experience a 10% increase in growth per annum over the coming years. All organizations, regardless of size, are seeing the need for CSPM. With centralized visibility and control, CSPM enables organizations to have a good security posture as well as the ability to keep their cloud environment simple.
Learn more about the most important segments driving this market
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Suppose you wish to safeguard your business data in the cloud. Cloud security posture management (CSPM) solutions can assist you with this. These solutions are available in various flavors based on how you leverage the cloud. Public cloud is renting a common area in a data center. It is affordable and convenient to implement CSPM solutions there. Additionally, public clouds extend far and wide, so CSPM can be accessed from nearly everywhere. It's no surprise that public cloud CSPM was valued at more than $2 billion in 2022. Public cloud vendors are aware that security matters, and therefore they're investing a lot of energy into developing their CSPM solutions robust. Companies are using cloud services more and more, so public cloud CSPM is the default option for businesses these days.
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North America accounted for a leading cloud security posture management market share of more than 35% in 2022. North American businesses consider cloud security as top priority due to the incidence of high-profile cyberattacks. The market also gains momentum from the availability of multiple CSPM vendors with advanced solutions addressing local compliance needs. The diverse array of regional industry verticals such as finance, healthcare, and tech also drive the need for CSPM tools to secure sensitive information.
Cloud Security Posture Management Market Share
Major players operating in the cloud security posture management market are
- Microsoft
- CrowdStrike
- NetApp
- Palo Alto Networks
- Check Point Software Technologies Ltd
- Fortinet
- Qualys
- McAfee Inc.
- Trend Micro Incorporated
- Lacework
- SentinelOne
- Sophos Ltd.
- Aqua Security Software Ltd.
- Armor Defense Inc.
- Cloudflare
Cloud Security Posture Management Industry News
- In June 2023, Check Point Software announced the TELUS Cloud Security Posture Management (CSPM) service in partnership with TELUS in Canada. Leveraging Check Point's AI-powered threat prevention and posture management tech, this service offers Canadian organizations a managed solution for real-time cloud security posture monitoring, vulnerability detection, remediation, and reporting.
- In May 2023, Aqua Security introduced Real-Time CSPM, an advanced cloud security posture management (CSPM) solution, Real-Time CSPM, to offer industry-leading visibility and context for multi-cloud security risks. The solution is designed to identify threats that may go undetected by traditional methods and minimize unnecessary alerts, enabling security professionals to swiftly pinpoint and address critical cloud security risks, resulting in significant time and cost savings.
The cloud security posture management market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) from 2018 to 2032, for the following segments
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By Component, 2018 – 2032
- Solution
- Service
- Managed service
- Professional service
By Cloud Service Model, 2018 – 2032
- SaaS
- IaaS
- PaaS
By Deployment Model, 2018 – 2032
- Public cloud
- Private cloud
- Hybrid cloud
By Organization size, 2018 – 2032
- SME
- Large enterprises
By End-Use, 2018 – 2032
- BFSI
- Healthcare & life sciences
- Retail & e-commerce
- Manufacturing
- Telecom & IT
- Government & public sector
- Media & entertainment
- Others
The above information is provided for the following regions and countries
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Nordics
- Asia Pacific
- China
- India
- Japan
- Australia
- Singapore
- Indonesia
- Latin America
- Brazil
- Mexico
- Argentina
- MEA
- UAE
- South Africa
- Saudi Arabia
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