Cloud Workload Protection Market Size, Share & Trends Analysis Report By Components (Solutions, Services), By Deployment Model (Public Cloud, Private Cloud, Hybrid Cloud), By Enterprise Size , By End-user Industry, By Region, And Segment Forecasts, 2023 To 2030

Cloud workloads comprise the computing, storage, and networking functionalities that cloud-based applications require. Cloud workload protection plays a significant role in providing security for workloads, containers, and Kubernetes. It enables organizations to maintain agility and confidence in building, operating, and securing cloud applications while protecting against data breaches. The cloud workload demands are different from traditional IT systems. Hence, Cloud Workload Protection Platforms (CWPPs) are tailored to deliver security suitable for workloads deployed in public, private, or hybrid cloud settings, ultimately fulfilling the demands. The primary objective of a CWPP is to ensure the security of applications and all other related cloud functionalities by offering comprehensive security measures.

CWPP uses two distinct ways to protect workload- Micro-segmentation and Bare metal hypervisor. Micro-segmentation is a security network technique that security architects use to divide data centers into distinct security segments. A bare metal hypervisor is installed directly on the physical machine's hardware, between the hardware and the operating system. A hypervisor is virtualization software that facilitates the creation and management of virtual machines by splitting the computer's software from its underlying hardware.

The rise in the adoption of cloud-based services, the increasing number of cyber threats, the need for regulatory compliance, and the growing demand for workload protection solutions are prominent factors enhancing the global market. Hence, many cloud-based companies are expanding their business by adding cloud workload protection platforms as one of their product offerings. For instance, in March 2022, Sonrai Security launched its cloud workload protection platform (CWPP), enabling companies to respond to host-based threats concerning their severity and business impact.

Cloud-based service is one of the driving factors of the cloud workload market. North America dominated the cloud market, with a market share of more than 39.5% of the total revenue. The region also comprises cloud workload protection companies like Amazon Web Services, Microsoft, VMware, and more. Hence, North America is one of the dominant regions for the cloud workload protection market.

Cloud Workload Protection Market Segmentation

• By Component

  • Solutions

  • Services

• By Deployment Method

  • Public Cloud

  • Private Cloud

  • Hybrid Cloud

• By Enterprise Size

  • Small & Medium Size Enterprises

  • Large Size Enterprises

• By End-User Industry

  • IT & Telecom

  • BFSI

  • Media & Entertainment

  • Manufacturing

  • Government

  • Retail

  • Other

• By Region

  • North America

  • Europe

  • Asia Pacific

  • Latin America

  • Middle East & Africa (MEA)

• Key Market Players

  • Microsoft

  • VMware, Inc.

  • Sonrai Security

  • Amazon Web Services, Inc.

  • Sophos Ltd.

  • Cisco Systems, Inc.

  • Musarubra US LLC

  • Orca Security

  • Trend Micro Incorporated

  • Fortinet, Inc.