CLOUD SECURITY POSTURE MANAGEMENT MARKET GROWING AT A CAGR 15.3%>
Markets And Markets
[293 Pages Report] The global post COVID-19 market size of the cloud security posture management (CSPM) market is expected to grow from USD 4.2 billion in 2022 to USD 8.6 billion by 2027 at a CAGR of 15.3% during the forecast period. Low visibility across the IT infrastructure and increase in configuration errors in cloud infrastructure, absence of efficient security tools and processes to handle the cloud-based environments and developing cloud security capabilities such as easy DevSecOps integration and threat intelligence are some of the factors that are driving the market growth. However, lack of skilled expertise, and lack of awareness of cloud resources, cloud security architecture, and strategy are some of the factors that are expected to hinder the market growth.

Driver: Low visibility across the IT infrastructure and increase in configuration errors to boost the adoption of CSPM solutions Restraint: Shortage of skilled expertise to manage and secure the CSPM solutions Opportunity: Migration to cloud gives an opportunity for cloud security posture management Challenge: Organizationsâ failure to adhere to the continuous changes in the compliance frameworks By component, CSPM solutions to hold the largest market size during the forecast period By verticals, the Healthcare segment to grow with the fastest growing CAGR during the forecast period By region, North America to hold the largest market size during the forecast period
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