The Asia Pacific Cloud Data Security Market should witness market growth of 16.0% CAGR during the forecast period (2022-2028).
Businesses need cloud data security because companies acquire vast quantities of data, ranging from strictly private corporate, financial, and consumer information to relatively insignificant data. They keep their data in more locations than ever, including public, private, and hybrid clouds,software-as-a-service applications, cloud storage environments, etc. As a result, businesses realize how difficult it can be to protect and secure all their data across numerous environments.
For instance, if the organizationhas lost track of all its data and applications. With most of their applications and data being on third-party infrastructure, businesses need more visibility over who is accessing and utilizing their applications and data, which devices are being used for access, and how their data may be utilized or shared.
Even though most cloud service providers offer advanced security, this security is somewhat limited. Ultimately, organizations and cloud providers share security responsibility. Cloud service providers have differing capabilities, which might result in unequal protection and security for cloud data. Moreover, businesses face many security problems, such as the potential forsecurity violations, theft or loss of essential data, application vulnerabilities, and the spread of malware.
India's banking industry has been among the most stable in the world. The government has continually worked to enhance financial inclusion through various measures aimed at bringing the unbanked population of the nation into the banking system. The Indian government has supported the nation's banking industry, particularly the financial inclusion program. In August 2014, the 'Pradhan Mantri Jan Dhan Yojana'(PMJDY) was started to provide universal banking services to the unbanked by opening bank accounts and giving payment cards to all. In response to the impact of COVID-19, the government introduced several programs to assist the banking industry. This will drive market’s expansion in the region.
The China market dominated the Asia Pacific Cloud Data Security Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $908.6 million by 2028. The Japan market is estimated to grow a CAGR of 15.3% during (2022-2028). Additionally, The India market would experience a CAGR of 16.7% during (2022-2028).
Based on Offering, the market is segmented into Solution and Services. Based on Offering Type, the market is segmented into Co-Managed and Fully Managed. Based on Organization Size, the market is segmented into Large Enterprises and SMEs. Based on Vertical, the market is segmented into BFSI, IT & Telecom, Government & Defense, Manufacturing, Healthcare & Lifesciences, Retail & eCommerce and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Amazon Web Services, Inc. (Amazon.com, Inc.), Google LLC (Alphabet, Inc.), Cisco Systems, Inc., McAfee Corp., Microsoft Corporation, Palo Alto Networks, Inc., Zscaler, Inc., Fortinet, Inc., Check Point Software Technologies Ltd., and IBM Corporation.
Businesses need cloud data security because companies acquire vast quantities of data, ranging from strictly private corporate, financial, and consumer information to relatively insignificant data. They keep their data in more locations than ever, including public, private, and hybrid clouds,software-as-a-service applications, cloud storage environments, etc. As a result, businesses realize how difficult it can be to protect and secure all their data across numerous environments.
For instance, if the organizationhas lost track of all its data and applications. With most of their applications and data being on third-party infrastructure, businesses need more visibility over who is accessing and utilizing their applications and data, which devices are being used for access, and how their data may be utilized or shared.
Even though most cloud service providers offer advanced security, this security is somewhat limited. Ultimately, organizations and cloud providers share security responsibility. Cloud service providers have differing capabilities, which might result in unequal protection and security for cloud data. Moreover, businesses face many security problems, such as the potential forsecurity violations, theft or loss of essential data, application vulnerabilities, and the spread of malware.
India's banking industry has been among the most stable in the world. The government has continually worked to enhance financial inclusion through various measures aimed at bringing the unbanked population of the nation into the banking system. The Indian government has supported the nation's banking industry, particularly the financial inclusion program. In August 2014, the 'Pradhan Mantri Jan Dhan Yojana'(PMJDY) was started to provide universal banking services to the unbanked by opening bank accounts and giving payment cards to all. In response to the impact of COVID-19, the government introduced several programs to assist the banking industry. This will drive market’s expansion in the region.
The China market dominated the Asia Pacific Cloud Data Security Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $908.6 million by 2028. The Japan market is estimated to grow a CAGR of 15.3% during (2022-2028). Additionally, The India market would experience a CAGR of 16.7% during (2022-2028).
Based on Offering, the market is segmented into Solution and Services. Based on Offering Type, the market is segmented into Co-Managed and Fully Managed. Based on Organization Size, the market is segmented into Large Enterprises and SMEs. Based on Vertical, the market is segmented into BFSI, IT & Telecom, Government & Defense, Manufacturing, Healthcare & Lifesciences, Retail & eCommerce and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Amazon Web Services, Inc. (Amazon.com, Inc.), Google LLC (Alphabet, Inc.), Cisco Systems, Inc., McAfee Corp., Microsoft Corporation, Palo Alto Networks, Inc., Zscaler, Inc., Fortinet, Inc., Check Point Software Technologies Ltd., and IBM Corporation.
Scope of the Study
By Offering
- Solution
- Services
By Offering Type
- Co-Managed
- Fully Managed
By Organization Size
- Large Enterprises
- SMEs
By Vertical
- BFSI
- IT & Telecom
- Government & Defense
- Manufacturing
- Healthcare & Lifesciences
- Retail & eCommerce
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Google LLC (Alphabet, Inc.)
- Cisco Systems, Inc.
- McAfee Corp.
- Microsoft Corporation
- Palo Alto Networks, Inc.
- Zscaler, Inc.
- Fortinet, Inc.
- Check Point Software Technologies Ltd.
- IBM Corporation
Unique Offerings
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Cloud Data Security Market, by Offering
1.4.2 Asia Pacific Cloud Data Security Market, by Offering Type
1.4.3 Asia Pacific Cloud Data Security Market, by Organization Size
1.4.4 Asia Pacific Cloud Data Security Market, by Vertical
1.4.5 Asia Pacific Cloud Data Security Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition & scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Analyst's Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansion
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.4.2 Key Strategic Move: (Acquisition and Mergers: 2018, Jan - 2022, Sep) Leading Players
Chapter 4. Asia Pacific Cloud Data Security Market by Offering
4.1 Asia Pacific Solution Market by Country
4.2 Asia Pacific Services Market by Country
Chapter 5. Asia Pacific Cloud Data Security Market by Offering Type
5.1 Asia Pacific Co-Managed Market by Country
5.2 Asia Pacific Fully Managed Market by Country
Chapter 6. Asia Pacific Cloud Data Security Market by Organization Size
6.1 Asia Pacific Large Enterprises Market by Country
6.2 Asia Pacific SMEs Market by Country
Chapter 7. Asia Pacific Cloud Data Security Market by Vertical
7.1 Asia Pacific BFSI Market by Country
7.2 Asia Pacific IT & Telecom Market by Country
7.3 Asia Pacific Government & Defense Market by Country
7.4 Asia Pacific Manufacturing Market by Country
7.5 Asia Pacific Healthcare & Lifesciences Market by Country
7.6 Asia Pacific Retail & eCommerce Market by Country
7.7 Asia Pacific Others Market by Country
Chapter 8. Asia Pacific Cloud Data Security Market by Country
8.1 China Cloud Data Security Market
8.1.1 China Cloud Data Security Market by Offering
8.1.2 China Cloud Data Security Market by Offering Type
8.1.3 China Cloud Data Security Market by Organization Size
8.1.4 China Cloud Data Security Market by Vertical
8.2 Japan Cloud Data Security Market
8.2.1 Japan Cloud Data Security Market by Offering
8.2.2 Japan Cloud Data Security Market by Offering Type
8.2.3 Japan Cloud Data Security Market by Organization Size
8.2.4 Japan Cloud Data Security Market by Vertical
8.3 India Cloud Data Security Market
8.3.1 India Cloud Data Security Market by Offering
8.3.2 India Cloud Data Security Market by Offering Type
8.3.3 India Cloud Data Security Market by Organization Size
8.3.4 India Cloud Data Security Market by Vertical
8.4 South Korea Cloud Data Security Market
8.4.1 South Korea Cloud Data Security Market by Offering
8.4.2 South Korea Cloud Data Security Market by Offering Type
8.4.3 South Korea Cloud Data Security Market by Organization Size
8.4.4 South Korea Cloud Data Security Market by Vertical
8.5 Singapore Cloud Data Security Market
8.5.1 Singapore Cloud Data Security Market by Offering
8.5.2 Singapore Cloud Data Security Market by Offering Type
8.5.3 Singapore Cloud Data Security Market by Organization Size
8.5.4 Singapore Cloud Data Security Market by Vertical
8.6 Malaysia Cloud Data Security Market
8.6.1 Malaysia Cloud Data Security Market by Offering
8.6.2 Malaysia Cloud Data Security Market by Offering Type
8.6.3 Malaysia Cloud Data Security Market by Organization Size
8.6.4 Malaysia Cloud Data Security Market by Vertical
8.7 Rest of Asia Pacific Cloud Data Security Market
8.7.1 Rest of Asia Pacific Cloud Data Security Market by Offering
8.7.2 Rest of Asia Pacific Cloud Data Security Market by Offering Type
8.7.3 Rest of Asia Pacific Cloud Data Security Market by Organization Size
8.7.4 Rest of Asia Pacific Cloud Data Security Market by Vertical
Chapter 9. Company Profiles
9.1 IBM Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Regional & Segmental Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Product Launches and Product Expansions:
9.1.5.3 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 Amazon Web Services, Inc. (Amazon.com, Inc.)
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental Analysis
9.2.4 Recent strategies and developments:
9.2.4.1 Partnerships, Collaborations, and Agreements:
9.2.5 SWOT Analysis
9.3 Google LLC (Alphabet, Inc.)
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Acquisition and Mergers:
9.3.5.3 Geographical Expansions:
9.3.6 SWOT Analysis
9.4 Cisco Systems, Inc.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Product Launches and Product Expansions:
9.4.5.3 Acquisition and Mergers:
9.4.6 SWOT Analysis
9.5 McAfee Corp.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent strategies and developments:
9.5.5.1 Product Launches and Product Expansions:
9.5.5.2 Acquisition and Mergers:
9.6 Microsoft Corporation
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.6.5.2 Product Launches and Product Expansions:
9.6.5.3 Acquisition and Mergers:
9.6.6 SWOT Analysis
9.7 Palo Alto Networks, Inc.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Product Launches and Product Expansions:
9.7.5.2 Acquisition and Mergers:
9.8 Zscaler, Inc.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Regional Analysis
9.8.4 Research & Development Expense
9.8.5 Recent strategies and developments:
9.8.5.1 Acquisition and Mergers:
9.9 Fortinet, Inc.
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Regional Analysis
9.9.4 Research & Development Expenses
9.9.5 Recent strategies and developments:
9.9.5.1 Product Launches and Product Expansions:
9.10. Check Point Software Technologies Ltd.
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Regional Analysis
9.10.4 Research & Development Expense
Companies Mentioned
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Google LLC (Alphabet, Inc.)
- Cisco Systems, Inc.
- McAfee Corp.
- Microsoft Corporation
- Palo Alto Networks, Inc.
- Zscaler, Inc.
- Fortinet, Inc.
- Check Point Software Technologies Ltd.
- IBM Corporation
Methodology
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