Try our corporate solution for free!
(212) 419-8286
hadley.ward@statista.com

Cloud Security - Statistics & Facts

Cloud security, a discipline of cybersecurity, concerns the protection of digital assets stored on cloud computing platforms. In 2020, the cloud security software market was valued at 29.5 billion U.S. dollars and is expected to exceed 37 billion U.S. dollars in 2026. Products and services in this market safeguard cloud resources through a set of technologies and policies designed to protect information while ensuring regulatory compliance. Because cloud computing technology resources are shared among many individuals, questions pertaining to access, privacy, data security, and backup are paramount.

Methods used to provide cloud security include virtual private networks (VPN), data encryption, firewalls, and tokenization. As companies migrate their workloads to the cloud, security concerns including data loss, confidentiality, or accidental exposure of credentials remain top worries. The need for appropriate cloud security measures is illustrated by the relatively high number of attacks on clouds worldwide, accumulating to several hundreds of thousands each quarter per country in 2020 alone.

How does cloud security work?

Cloud security is considered a shared responsibility between the customer and cloud provider. This model stipulates that the respective parties reflect on how duties and obligations should be divided. In this sense, cloud security is about risk management, encompassing a scrutinization of the kind of data being processed. These considerations determine the security architecture, and aspects of this may include data encryption processes and key management.

Overall, the provider responsibilities relate to securing the infrastructure itself, while the customer obligations include managing users and cloud accounts from unauthorized access. Importantly, the more customer use managed, or software as a service (SaaS) level services, the less responsibility they have. Therefore, on whose shoulders certain responsibilities fall depends on the service model used, including infrastructure as a service (IaaS) and platform as a service (PaaS) next to SaaS.

Cloud adoption drives need for cloud security

A growth in use of the number of clouds expands the attack surface. Additionally, these cloud environments mature to become increasingly complex: given that enterprises favor hybrid and multi cloud architectures, this adds new levels of intricacies to security management across online-based infrastructures.

Players in the market

Many players in the market work to satisfy their customers next to ensuring compliance with regulatory requirements for storing sensitive data, such as health information or credit card details. Among the household names for cloud security solutions are FireEye, Palo Alto Networks, and McAfee. Notably, this fragmented market houses many companies that avail offerings to customers by channeling expertise through a set of technologies that benefits the customer’s individual cloud strategy.

Key figures

The most important key figures provide you with a compact summary of the topic of "Cloud Security" and take you straight to the corresponding statistics.

Segments

Priorities & Challenges

Interesting statistics

In the following 6 chapters, you will quickly find the {amountStatistics} most important statistics relating to "Cloud Security".

Cloud Security

Dossier on the topic

All important statistics are prepared by our experts – available for direct download as PPT & PDF!
TOP SELLER

Cloud Security - Statistics & Facts

Cloud security, a discipline of cybersecurity, concerns the protection of digital assets stored on cloud computing platforms. In 2020, the cloud security software market was valued at 29.5 billion U.S. dollars and is expected to exceed 37 billion U.S. dollars in 2026. Products and services in this market safeguard cloud resources through a set of technologies and policies designed to protect information while ensuring regulatory compliance. Because cloud computing technology resources are shared among many individuals, questions pertaining to access, privacy, data security, and backup are paramount.

Methods used to provide cloud security include virtual private networks (VPN), data encryption, firewalls, and tokenization. As companies migrate their workloads to the cloud, security concerns including data loss, confidentiality, or accidental exposure of credentials remain top worries. The need for appropriate cloud security measures is illustrated by the relatively high number of attacks on clouds worldwide, accumulating to several hundreds of thousands each quarter per country in 2020 alone.

How does cloud security work?

Cloud security is considered a shared responsibility between the customer and cloud provider. This model stipulates that the respective parties reflect on how duties and obligations should be divided. In this sense, cloud security is about risk management, encompassing a scrutinization of the kind of data being processed. These considerations determine the security architecture, and aspects of this may include data encryption processes and key management.

Overall, the provider responsibilities relate to securing the infrastructure itself, while the customer obligations include managing users and cloud accounts from unauthorized access. Importantly, the more customer use managed, or software as a service (SaaS) level services, the less responsibility they have. Therefore, on whose shoulders certain responsibilities fall depends on the service model used, including infrastructure as a service (IaaS) and platform as a service (PaaS) next to SaaS.

Cloud adoption drives need for cloud security

A growth in use of the number of clouds expands the attack surface. Additionally, these cloud environments mature to become increasingly complex: given that enterprises favor hybrid and multi cloud architectures, this adds new levels of intricacies to security management across online-based infrastructures.

Players in the market

Many players in the market work to satisfy their customers next to ensuring compliance with regulatory requirements for storing sensitive data, such as health information or credit card details. Among the household names for cloud security solutions are FireEye, Palo Alto Networks, and McAfee. Notably, this fragmented market houses many companies that avail offerings to customers by channeling expertise through a set of technologies that benefits the customer’s individual cloud strategy.

Contact

Get in touch with us. We are happy to help.
Statista Locations
Contact Hadley Ward
Hadley Ward
Sales Manager– Contact (United States)

Mon - Fri, 9am - 6pm (EST)

Contact Ziyan Zhang
Ziyan Zhang
Customer Relations– Contact (Asia)

Mon - Fri, 11:30am - 10pm (IST)

Contact Kisara Mizuno
Kisara Mizuno
Customer Success Manager– Contact (Asia)

Mon - Fri, 9:30am - 5:30pm (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)

Mon - Fri, 9:30am - 5pm (GMT)

Contact Catalina Rodriguez
Catalina Rodriguez
Key Account Manager - LAC– Contact (Latin America)

Mon - Fri, 9am - 6pm (EST)