Global Cloud Security Market to Grow 20.91% - Key Vendors are Cisco Systems, Intel, Symantec & Trend Micro

DUBLIN, March 4, 2016 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/kvsjp5/global_cloud) has announced the addition of the "Global Cloud Security Market 2016-2020" report to their offering.

The global cloud security market is expected to grow at a CAGR of 20.91% during the period 2016-2020.

A cloud security solution is a stand-alone solution or a suite of products that provides security to cloud-based services or cloud computing architectures. A typical cloud security solution offers features like encryption, IAM, endpoint monitoring, vulnerability scanning, intrusion detection, and application and messaging security. It helps protect cloud content from unauthorized access and data theft.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

According to the report, one of the major driving factor of the global cloud security market is reduced ownership cost. For traditional on-site security software, the TCO includes a high upfront software license cost and software implementation cost coupled with a high maintenance cost. In the case of cloud security, cloud vendors are responsible for the implementation, maintenance, updates, and backup of software, thereby reducing the need for internal IT administration.

Further, the report states that concerns over critical data security hinders the market growth.

Key vendors:

• Cisco Systems
• IBM
• Intel (McAfee)
• Symantec
• Trend Micro

Key questions answered in this report:

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Report Structure:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market description

PART 06: Market landscape

PART 07: Life cycle analysis

PART 08: Market segmentation by solutions

PART 09: Geographical segmentation

PART 10: Buying criteria

PART 11: Market drivers

PART 12: Impact of drivers

PART 13: Market challenges

PART 14: Impact of drivers and challenges

PART 15: Market trends

PART 16: Key vendor analysis

For more information visit http://www.researchandmarkets.com/research/kvsjp5/global_cloud

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