Product Code: MCP-7985
Global Cloud Security Gateways Market to Reach $9.2 Billion by 2030
The global market for Cloud Security Gateways estimated at US$2.2 Billion in the year 2023, is expected to reach US$9.2 Billion by 2030, growing at a CAGR of 22.3% over the period 2023-2030.
The U.S. Market is Estimated at $716.5 Million, While China is Forecast to Grow at 21.9% CAGR
The Cloud Security Gateways market in the U.S. is estimated at US$716.5 Million in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$1.6 Billion by the year 2030 trailing a CAGR of 21.9% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 19.8% and 18.8% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 15.5% CAGR.
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Full access to influencer engagement stats
Free access to our digital archives & "MarketGlass" research platform. Our proprietary MarketGlass platform is fully enabled to unlock creativity and market knowledge of domain experts worldwide in a cohesive and collaborative manner. Our state-of-art tools bring world class market perspectives while protecting participants' privacy and identity. Numbers, statistics and market narrative in the report are based on fully curated insights shared by domain experts and influencers in this space.
Opportunity to engage with interactive questionnaires that come with real-time data simulator tools & bespoke report generation capabilities
Full client access to peer collaborative and interactive platform for cross-enterprise smart exchange of ideas
Complimentary report updates for one year
Competitor coverage with global market shares of major players
Player market presence analysis (Strong/Active/Niche/Trivial) across multiple geographies
Access to curated YouTube video transcripts of domain experts/influencer interviews, podcasts, press statements and event keynotes
What to Expect from the Global Economy in 2024
Edgy geopolitics, and economic instability caused by monetary policy tightening and ensuing higher interest rates will create a tumultuous landscape for 2024. Several factors will continue to exert pressure on the path to recovery including hostilities in the Middle East and increasingly common climate disasters. Among the risks, several positives are also taking shape such as growing signs of disinflation and easing of anxiety over stubborn inflation, supply chain normalization and price moderation despite volatility in energy costs. Elections across several G21 jurisdictions, notably in India and the United States, will have potential ramifications for capital flows and investment strategies. While India emerges as a compelling destination in the global investment landscape, U.S, based tech firms will continue to dominate, fueled by a dynamic ecosystem of talent and capital. Tech opportunities in Silicon Valley and beyond remain attractive for investors seeking high-growth prospects supported largely by a resilient albeit slowing domestic economy and conducive regulatory environment. Europe will continue to battle tight monetary policy and recession risks with U.K. having the most challenging outlook and running the greatest risk of recession in 2024. China remains a wild card with hope for growth in the country underpinned by government spending and improvements in consumer spending. The volatile environment will offer both opportunities and challenges for investors and businesses alike. Embracing volatility as a catalyst for growth together with agility and strategic foresight in navigating investment decisions will remain important for survival.
Select Competitors (Total 58 Featured) -
- AT&T, Inc.
- Bitglass
- Check Point Software
- CipherCloud
- Cisco Systems Inc.
- Forcepoint LLC
- Fortinet Inc.
- Global Velocity Inc.
- Huawei Technologies Co. Ltd.
- ManagedMethods Inc.
- McAfee Inc.
- Microsoft Corp.
- Netskope
- Oracle Corporation
- Palo Alto Networks
- Proofpoint Inc.
- Sophos Plc
- Symantec Corporation
- Thales eSecurity Inc.
- Trustwave Holdings
TABLE OF CONTENTS
I. METHODOLOGY
II. EXECUTIVE SUMMARY
- 1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Cloud Security Gateways (CSGs): An Introductory Prelude
- Recent Market Activity
- Critical Importance of Cloud in Modern IT Infrastructure: Cornerstone for Present & Future Growth of CSG Market
- As Cost Benefits Spur Adoption of the Cloud, Security & Privacy Rise in Parallel Importance
- IT Departments Worldwide Make Way for the Disruptive Entry of the Cloud
- Security Issues Gain Significance as Enterprises Ride the Cloud-Driven Wave of Transformation
- Mix of High Adoption & Inherent Security Issues Provide the Business Case for Cloud Security Gateways
- Favorable Macro Factors Lend Traction to Cloud Security Demand
- Developed Regions: Primary Revenue Contributors
- Developing Regions Exhibit Faster Growth
- Cloud Security Gateways - Global Key Competitors Percentage Market Share in 2024 (E)
- Global Economic Update
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
- 2. FOCUS ON SELECT PLAYERS
- AT&T, Inc. (USA)
- Bitglass (USA)
- Check Point Software Technologies Ltd. (Israel)
- CipherCloud (USA)
- Cisco Systems, Inc. (USA)
- Forcepoint LLC (USA)
- Fortinet, Inc. (USA)
- Global Velocity, Inc. (USA)
- Huawei Technologies Co., Ltd (China)
- ManagedMethods, Inc. (USA)
- McAfee, Inc. (USA)
- Microsoft Corporation (USA)
- Netskope (USA)
- Oracle Corporation (USA)
- Palo Alto Networks (USA)
- Proofpoint, Inc. (USA)
- Sophos Plc (UK)
- Symantec Corporation (USA)
- Thales eSecurity, Inc. (USA)
- Trend Micro, Inc. (Japan)
- Trustwave Holdings, Inc. (USA)
- 3. MARKET TRENDS & DRIVERS
- Inadequate Security Cover Provided by CSPs Encourages Optimistic Outlook for Cloud Security Gateways
- Unchecked Government Surveillance & Increased Data Movement into the Cloud Throws the Focus on Cloud Data Security
- The Need to Transition Confidently to the Cloud Spurs Adoption among Enterprises
- Need to Secure Sensitive SaaS Apps Fuels Demand
- Cloud Encryption Gateways: The Preferred Choice for Data in Transit
- Rising Adoption of Enterprise Mobility Magnifies Demand for Cloud App Gateways
- BYOD Sets the Platform for Enterprise Mobility
- Key Factors Encouraging BYOD Trend among Enterprises Ranked by Importance Attached by Enterprises
- Select Mobile Apps Used in BYOD Environments
- Cost Benefits Spur the Popularity of Cloud Delivered CASB Services
- Proposed Development of Vendor Neutral Cloud API Standards to Spur Growth
- Threat of "Shadow Cloud" Galvanizes Enterprises into Action, Deploying CASBs to Safeguard Against Data Leakage
- Multi-Cloud Strategy Fuels Growth of CASBs
- Integration of Identity as a Service (IDaaS) with CASBs: A Key Trend
- SMBs: A Lucrative Consumer Cluster with the Potential to Spur Future Growth
- 4. GLOBAL MARKET PERSPECTIVE
- TABLE 1: World Recent Past, Current & Future Analysis for Cloud Security Gateways by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
- TABLE 2: World 7-Year Perspective for Cloud Security Gateways by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2024 & 2030
- TABLE 3: World Cloud Security Gateways Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
III. MARKET ANALYSIS
- UNITED STATES
- Cloud Security Gateways Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
- TABLE 4: USA Recent Past, Current & Future Analysis for Cloud Security Gateways by Segment - Cloud Security Gateways - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
- CANADA
- TABLE 5: Canada Recent Past, Current & Future Analysis for Cloud Security Gateways by Segment - Cloud Security Gateways - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
- JAPAN
- Cloud Security Gateways Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
- TABLE 6: Japan Recent Past, Current & Future Analysis for Cloud Security Gateways by Segment - Cloud Security Gateways - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
- CHINA
- Cloud Security Gateways Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
- TABLE 7: China Recent Past, Current & Future Analysis for Cloud Security Gateways by Segment - Cloud Security Gateways - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
- EUROPE
- Cloud Security Gateways Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
- TABLE 8: Europe Recent Past, Current & Future Analysis for Cloud Security Gateways by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
- TABLE 9: Europe 7-Year Perspective for Cloud Security Gateways by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2024 & 2030
- FRANCE
- Cloud Security Gateways Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
- TABLE 10: France Recent Past, Current & Future Analysis for Cloud Security Gateways by Segment - Cloud Security Gateways - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
- GERMANY
- Cloud Security Gateways Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
- TABLE 11: Germany Recent Past, Current & Future Analysis for Cloud Security Gateways by Segment - Cloud Security Gateways - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
- ITALY
- TABLE 12: Italy Recent Past, Current & Future Analysis for Cloud Security Gateways by Segment - Cloud Security Gateways - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
- UNITED KINGDOM
- Cloud Security Gateways Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
- TABLE 13: UK Recent Past, Current & Future Analysis for Cloud Security Gateways by Segment - Cloud Security Gateways - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
- REST OF EUROPE
- TABLE 14: Rest of Europe Recent Past, Current & Future Analysis for Cloud Security Gateways by Segment - Cloud Security Gateways - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
- ASIA-PACIFIC
- Cloud Security Gateways Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
- TABLE 15: Asia-Pacific Recent Past, Current & Future Analysis for Cloud Security Gateways by Segment - Cloud Security Gateways - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
- REST OF WORLD
- TABLE 16: Rest of World Recent Past, Current & Future Analysis for Cloud Security Gateways by Segment - Cloud Security Gateways - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
IV. COMPETITION