Allied Market Research has just released a new report that states the Worldwide Cloud Security Market will reach $8.9B by 2020.
The report, which is entitled “World Cloud Security, Market Opportunities and Forecasts 2014-2020” says that the cloud security market will grow at a compound adjusted growth rate of 23.5% from 2015 to 2020. While North America will be the global leader, market opportunities in Asia and the Pacific Rim will give rise to the demand for cloud security services.
The report, which is entitled “World Cloud Security, Market Opportunities and Forecasts 2014-2020” says that the cloud security market will grow at a compound adjusted growth rate of 23.5% from 2015 to 2020. While North America will be the global leader, market opportunities in Asia and the Pacific Rim will give rise to the demand for cloud security services.