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Global cloud security market: $3.22 billion industry estimated during 2013

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Global Cloud Security Market 2013-2018 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-04-21 02:20:04
The value of the global cloud security market in 2013 will reach $3.22 billion. Cloud computing appears as a very lucrative and commercially interesting solution for many companies. Offering powerful computing technologies at low prices means that even start-ups and SMBs can compete in the same market as bigger enterprises. Cloud computing represents a significant shift in the way that IT resources are managed, operated, and consumed.These changes confer a number of benefits but they also expose a company to a barrage of new security risks. In deciding on the adoption of a cloud security service provider, a company must weigh the benefits and the challenges, which will vary depending on the nature of the business and the type of service required.Hence the case is becoming more compelling.to deploy specialist cloud security services to secure the cloud network. There is a need for the enterprises to consider cloud security management with due diligence before embarking on any cloud computing strategy. Companies need to review their portfolio of applications to understand how cloud computing can benefit them and what are the possible security threats associated with the migration to cloud.Protection in the cloud includes web filtering, managed firewall, vulnerability scanning, authentication, managed VPN, intrusion detection, web security and hosted e-mail security. Security from malware as well as authorised access through authentication is a primary concern of many companies.Huge significant growth in the cloud security market is forecast, particularly in the cloud security services market. The market is poised for vendors and solution providers as there is a huge uptake from the enterprise sector by organizations of all sizes. Hence the overall cloud security market is growing and will continue to do so over the forecast period 2013-2018.

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