What strategies is your organization implementing to stay competitive in the commercial and public security space?
As businesses increasingly adopt cloud technologies, they face complex security challenges and expanded attack surfaces. Recognizing the critical need for secure cloud environments, organizations are turning to cloud security posture management (CSPM) solutions. These tools offer essential features such as misconfiguration management, continuous monitoring, vulnerability scanning, and compliance oversight. The rising demand for CSPM reflects the shift towards unified security solutions that provide comprehensive visibility and protection across various layers of cloud-native applications. This move which is a departure from standalone tools towards fully integrated cloud-native application protection platforms (CNAPPs) aims to simplify operations, improve risk management, and ensure holistic security across infrastructure, workloads, applications, and data layers in modern cloud deployments.
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Adoption of CSPM has consistently increased over the last 3 years and is expected to continue over the next 5 years. This sector grew significantly in 2023 by 45.1% year-over-year (YOY), reaching an estimated revenue of $1,639.8 million.
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Over the next 5 years, CSPM is forecasted to maintain robust growth, with a compound annual growth rate (CAGR) of 27.8% from 2023 to 2028.
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Strategic Imperatives Impacting Global Cloud Security Posture Management:
Transformative Megatrends
Transitioning to advanced cloud-native security solutions like cloud-native application protection platforms, cloud workload protection platforms, and CSPM as traditional security models prove increasingly complex, costly, and
inadequate.
Disruptive Technologies
Embrace innovative approaches to cloud-native application security that align with the dynamic requirements of Container/Kubernetes (K8s) technologies and serverless computing, ensuring robust protection while enabling agile application development.
Competitive Intensity
Embrace innovative approaches to cloud-native application security that align with the dynamic requirements of Container/Kubernetes (K8s) technologies and serverless computing, ensuring robust protection while enabling agile application development.
What steps are you taking to enhance risk management capabilities and ensure effective security across cloud infrastructure?
Download now for a comprehensive analysis focusing on technology vendors offering stand-alone/dedicated CSPM solutions.
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