[ad_1]
Multi-Cloud and AI-based Safety Functions Pressure Marketplace to Just about $700 M
REDWOOD CITY, Calif., Nov. 6, 2024 /PRNewswire/ — In keeping with a just lately revealed record from Dell’Oro Staff, the relied on supply for marketplace details about the telecommunications, safety, networks, and information heart industries, the Cloud-Local Utility Coverage Platform (CNAPP) marketplace reached just about $700 M in 2Q 2024, attaining an remarkable 42 p.c year-over-year enlargement. This acceleration displays enterprises’ focal point on securing cloud workloads throughout construction, deployment, and runtime levels as they scale multi-cloud operations and combine AI-driven processes.
“The 42 percent growth of the CNAPP market in 2Q 2024 underscores the urgent need for comprehensive cloud security as enterprises scale multi-cloud and AI-driven operations,” stated Mauricio Sanchez, Sr. Director, Undertaking Safety and Networking at Dell’Oro Staff. “Organizations are increasingly recognizing CNAPP’s value, and we see ample opportunities for vendors to deliver integrated solutions and drive innovation in this expanding market,” added Sanchez.
Alternative highlights from the November 2024 Cloud Workload Safety Complex Analysis Document:
- Runtime safety accounted for over part of the CNAPP marketplace in 2Q 2024, underscoring the utility of real-time coverage and tracking as enterprises include the cloud.
- Deployment safety used to be the fastest-growing CNAPP sub-segment in 2Q 2024, representing about one-third of the marketplace. Expansion on this branch displays a robust call for for visibility and compliance answers adapted for multi-cloud environments.
- Palo Alto Networks sustained its income management in 2Q 2024, keeping up the supremacy place for 22 consecutive quarters.
- Wiz and CrowdStrike posted impressive enlargement charges of 94 p.c and 78 p.c, respectively, in a tightening race for the #1 income place.
- Larger seller partnerships and AI-driven functions spotlight an evolving CNAPP marketplace, aiming to book all the lifecycle of cloud workloads throughout various environments.
About the Report
The Dell’Oro Staff Cloud Workload Safety Complex Analysis Document do business in an entire business evaluation of the CNAPP marketplace from 2019 onwards. The record contains refer to quarterly knowledge tables:
- Producers’ CNAPP income by way of pocket – North The us, EMEA (Europe, Center East, and Africa), Asia Pacific apart from China, China, and CALA (Caribbean and Latin The us).
- CNAPP income by way of construction, deployment, and runtime applied sciences.
The record contains refer to annual knowledge tables:
- CNAPP five-year income forecast by way of pocket.
- CNAPP five-year income forecast by way of construction, deployment, and runtime applied sciences.
To buy this record, please touch us at [email protected].
About Dell’Oro Group
Dell’Oro Staff is a marketplace analysis company that focuses on strategic aggressive research within the telecommunications, safety, undertaking networks, and information heart markets. Our company supplies in-depth quantitative knowledge and qualitative research to facilitate crucial, fact-based trade selections. For more info, touch Dell’Oro Staff at +1.650.622.9400 or seek advice from https://www.delloro.com.
SOURCE Dell’Oro Staff
WANT YOUR COMPANY’S NEWS FEATURED ON PRNEWSWIRE.COM?
440k+
Newsrooms &
Influencers
9k+
Virtual Media
Shops
270k+
Reporters
Opted In
[ad_2]
Source link
