The Increasing Adoption of SaaS Applications and the Explosion of Data Generated Daily are Driving the Demand for SSPM and DSPM
Many organizations are incorporating cloud computing and SaaS applications in their business operations since they allow organizations to achieve better operation efficiency and improve overall productivity. Furthermore, with the increasing reliance on cloud computing and SaaS applications, data can now be generated, collected, and processed at a massive scale. However, there has been an increase in the amount of data breaches and SaaS-related breach incidents - indicating a drawback to this move. This is because the incorporation of these technologies leads to a widening threat landscape, making organizations, regardless of their size and industry background, even more susceptible to cyberattacks.
It is difficult to manually manage and monitor the security posture of SaaS applications and data, especially if it must be done at an optimal rate. Organizations need SaaS-centric and data-centric security solutions that can address security challenges that are exclusive to SaaS applications and data. SaaS security posture management (SSPM) and data security posture management (DSPM) have emerged as solutions to alleviate the issues surrounding SaaS applications and data - with SSPM focusing on SaaS applications while DSPM caters to challenges surrounding data.
This research service provides insights into the global SSPM and DSPM market by verticals, horizontals, and regional breakdowns for North America, Europe, the Middle East and Africa (EMEA), Latin America (LATAM) and Asia-Pacific (APAC). The report analyzes the factors driving and restraining the adoption of SSPM and DSPM solutions, performs a forecast analysis, examines pricing trends and competitive landscape regional trends, and provides insights for chief information security officers (CISOs). This study also identifies growth opportunities emerging from the market’s dynamics for stakeholders and players to leverage. The base year is 2022, and the forecast period is 2023 to 2027.
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Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Adaptive Shield
- AppOmni
- BigID
- Concentric AI
- Cyera
- Cynet
- Dig Security
- DoControl
- Grip Security
- Laminar
- Obsidian Security
- Open Raven
- SecureSky
- Securiti
- Sentra
- Spin.AI
- Suridata
- Symmetry Systems
- Varonis