Published: 18 July 2023
The cloud security posture management market revenue is forecast to increase from $1.06 billion in 2022 to $3.32 billion in 2027, growing at a 25.7% CAGR during this period, driven by rising adoption of public cloud, private cloud, containers and serverless computing.
By 2026, the combined market for infrastructure as a service (IaaS) and platform as a service (PaaS) will reach around $550 billion, up from $180 billion in 2021.
By 2027, 80% of the vendors will offer cloud security posture management (CSPM) as a capability or feature of their cloud security platforms or bundles, compared with 50% in 2022.
By 2026, 60% of organizations will see preventing cloud misconfiguration as a cloud security priority, compared with 25% in 2021.
The CSPM market revenue is projected to grow to $1.34 billion in 2023.
As more enterprises adopt diverse cloud providers and infrastructures,
Analysts:
Shailendra Upadhyay, Mark Wah, Lawrence Pingree, Rahul Yadav, Akshita Joshi
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