Home > Media & Technology > Information Technology > IT Applications > Cloud Native Application Protection Platform (CNAPP) Market
Cloud Native Application Protection Platform (CNAPP) Market Size
- Report ID: GMI5440
- Published Date: Feb 2023
- Report Format: PDF
Cloud Native Application Protection Platform Market Size
Cloud Native Application Protection Platform Market size valued at USD 1 billion in 2022 and is expected to expand at over 30% CAGR from 2023 to 2032, driven by the surging adoption of cloud-based solutions.
Cloud infrastructures are becoming increasingly complex as enterprises use additional cloud providers, users, apps, and resources. Moreover, soaring incidences of cyberattacks are driving the market expansion. In August 2021, global IT consultancy firm Accenture's network was victimized by the LockBit ransomware attack, which resulted in the theft of six terabytes of data. The majority of security solutions lack the end-to-end visibility required to effectively assess risks and notify security teams of sophisticated cyberattacks, enabling them to manage with both unprotected cloud resources and the cacophony of false-positive warnings, which is projected to influence the market demand.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Cloud Native Application Protection Platform Market Size in 2022: | USD 1 billion |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 30% |
| 2032 Value Projection: | USD 30 billion |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 250 |
| Tables, Charts & Figures: | 252 |
| Segments covered: | Component, Cloud, Organization Size, Application |
| Growth Drivers: |
|
| Pitfalls & Challenges: |
|
Frequently Asked Questions (FAQ) :
Cloud Native Application Protection Platform Market Scope
