The Europe Cloud Data Security Market should witness market growth of 14.3% CAGR during the forecast period (2022-2028).
Cloud data security can be used to bolster identity and access management (IAM). Identity and access management (IAM) assists organizations in streamlining and automating identity and access management operations and enabling finer-grained access controls and privileges. IT personnel no longer need to manually apply access controls, monitor and change rights, or de-provision accounts with an IAM solution.
Organizations can also enable single sign-on (SSO) to verify the user's identity and grant access to numerous websites and applications with a single set of credentials. The rule of thumb for IAM controls is to adhere to the concept of least privilege, which entails granting required users access to only the data and cloud resources requiredto complete their tasks.
It can also enable workload protection in the cloud. As cloud workloads dramatically increase the attack surface. Protecting workloads involves transparency and detection of each workload and container event, in addition to securing the complete cloud-native stack, spanning all workloads, containers, Kubernetes, and server-less apps, on any cloud. This allows enterprises to create, run, and secure cloud applications from development to production.
The German e-commerce sector is among the largest in Europe. The number of consumers engaging in e-commerce, internet penetration, and annual expenditures is all above the European average. In 2021, overall sales reached USD 127.5 billion, representing a 24 percent increase from 2020. The internet population in Germany is projected to expand from 62.4 million in 2020 to 68.4 million in 2025. Due to strong COVID lockdown efforts throughout 2020 and 2021, many German consumers have grown their online purchases and purchased commodities such as groceries and hygiene products for the first time online. Home delivery, 24/7 availability, and convenience are essential reasons customers shop online. The high penetration of online shopping is expected to surge the utilization of the cloud data security system in the retail and e-commerce industry, which is expected to boost market growth in Europe.
The Germany market dominated the Europe Cloud Data Security Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $684.8 million by 2028. The UK market is anticipated to grow at a CAGR of 13.4% during (2022-2028). Additionally, The France market would exhibit a CAGR of 15.2% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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.
Cloud data security can be used to bolster identity and access management (IAM). Identity and access management (IAM) assists organizations in streamlining and automating identity and access management operations and enabling finer-grained access controls and privileges. IT personnel no longer need to manually apply access controls, monitor and change rights, or de-provision accounts with an IAM solution.
Organizations can also enable single sign-on (SSO) to verify the user's identity and grant access to numerous websites and applications with a single set of credentials. The rule of thumb for IAM controls is to adhere to the concept of least privilege, which entails granting required users access to only the data and cloud resources requiredto complete their tasks.
It can also enable workload protection in the cloud. As cloud workloads dramatically increase the attack surface. Protecting workloads involves transparency and detection of each workload and container event, in addition to securing the complete cloud-native stack, spanning all workloads, containers, Kubernetes, and server-less apps, on any cloud. This allows enterprises to create, run, and secure cloud applications from development to production.
The German e-commerce sector is among the largest in Europe. The number of consumers engaging in e-commerce, internet penetration, and annual expenditures is all above the European average. In 2021, overall sales reached USD 127.5 billion, representing a 24 percent increase from 2020. The internet population in Germany is projected to expand from 62.4 million in 2020 to 68.4 million in 2025. Due to strong COVID lockdown efforts throughout 2020 and 2021, many German consumers have grown their online purchases and purchased commodities such as groceries and hygiene products for the first time online. Home delivery, 24/7 availability, and convenience are essential reasons customers shop online. The high penetration of online shopping is expected to surge the utilization of the cloud data security system in the retail and e-commerce industry, which is expected to boost market growth in Europe.
The Germany market dominated the Europe Cloud Data Security Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $684.8 million by 2028. The UK market is anticipated to grow at a CAGR of 13.4% during (2022-2028). Additionally, The France market would exhibit a CAGR of 15.2% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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 Europe Cloud Data Security Market, by Offering
1.4.2 Europe Cloud Data Security Market, by Offering Type
1.4.3 Europe Cloud Data Security Market, by Organization Size
1.4.4 Europe Cloud Data Security Market, by Vertical
1.4.5 Europe 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. Europe Cloud Data Security Market by Offering
4.1 Europe Solution Market by Country
4.2 Europe Services Market by Country
Chapter 5. Europe Cloud Data Security Market by Offering Type
5.1 Europe Co-Managed Market by Country
5.2 Europe Fully Managed Market by Country
Chapter 6. Europe Cloud Data Security Market by Organization Size
6.1 Europe Large Enterprises Market by Country
6.2 Europe SMEs Market by Country
Chapter 7. Europe Cloud Data Security Market by Vertical
7.1 Europe BFSI Market by Country
7.2 Europe IT & Telecom Market by Country
7.3 Europe Government & Defense Market by Country
7.4 Europe Manufacturing Market by Country
7.5 Europe Healthcare & Lifesciences Market by Country
7.6 Europe Retail & eCommerce Market by Country
7.7 Europe Others Market by Country
Chapter 8. Europe Cloud Data Security Market by Country
8.1 Germany Cloud Data Security Market
8.1.1 Germany Cloud Data Security Market by Offering
8.1.2 Germany Cloud Data Security Market by Offering Type
8.1.3 Germany Cloud Data Security Market by Organization Size
8.1.4 Germany Cloud Data Security Market by Vertical
8.2 UK Cloud Data Security Market
8.2.1 UK Cloud Data Security Market by Offering
8.2.2 UK Cloud Data Security Market by Offering Type
8.2.3 UK Cloud Data Security Market by Organization Size
8.2.4 UK Cloud Data Security Market by Vertical
8.3 France Cloud Data Security Market
8.3.1 France Cloud Data Security Market by Offering
8.3.2 France Cloud Data Security Market by Offering Type
8.3.3 France Cloud Data Security Market by Organization Size
8.3.4 France Cloud Data Security Market by Vertical
8.4 Russia Cloud Data Security Market
8.4.1 Russia Cloud Data Security Market by Offering
8.4.2 Russia Cloud Data Security Market by Offering Type
8.4.3 Russia Cloud Data Security Market by Organization Size
8.4.4 Russia Cloud Data Security Market by Vertical
8.5 Spain Cloud Data Security Market
8.5.1 Spain Cloud Data Security Market by Offering
8.5.2 Spain Cloud Data Security Market by Offering Type
8.5.3 Spain Cloud Data Security Market by Organization Size
8.5.4 Spain Cloud Data Security Market by Vertical
8.6 Italy Cloud Data Security Market
8.6.1 Italy Cloud Data Security Market by Offering
8.6.2 Italy Cloud Data Security Market by Offering Type
8.6.3 Italy Cloud Data Security Market by Organization Size
8.6.4 Italy Cloud Data Security Market by Vertical
8.7 Rest of Europe Cloud Data Security Market
8.7.1 Rest of Europe Cloud Data Security Market by Offering
8.7.2 Rest of Europe Cloud Data Security Market by Offering Type
8.7.3 Rest of Europe Cloud Data Security Market by Organization Size
8.7.4 Rest of Europe 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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