Dublin, Nov. 27, 2015 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/4fh98d/global_cloud) has announced the addition of the "Global Cloud Security Software Market 2015-2019" report to their offering.
The Global Cloud Security Software market to grow at a CAGR of 48.46% over the period 2014-2019
Global Cloud Security Software Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions; it also covers the Global Cloud Security Software market landscape and its growth prospects over the coming years. The report includes a discussion of the key vendors operating in this market.
Partnership between cloud service providers and security solution providers is one key trend upcoming in the market. As the market matures, cloud security is expected to become an integral part of cloud services, which will encourage CSPs to partner with security solution providers to provide security software and maintain their competitiveness.
According to the report, one of the major drivers of this market is the reduced ownership cost. Cloud security software reduces the operational costs of an organization. Currently, organizations are concentrating on cost-effective solutions for deployment of security solutions. In the cloud security software model, the associated risks, maintenance and operation costs, infrastructure costs, and updates are handled by a third party or service provider.
Further, the report states that the presence of many open-source security software providers is one of the major challenges in the market. As a result of advances in technology, several open-source software solution providers have been able to enter the market, which has intensified the competition for traditional and cloud software solutions. Open-source software can be downloaded and run on all platforms. The presence of open-source security software vendors is reducing the market share of cloud security software vendors.
Other Prominent Vendors
Key Topics Covered:
For more information visit http://www.researchandmarkets.com/research/4fh98d/global_cloud
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