The High Tide of Cloud Driven IT Transformation Coupled With the Focus on Security Spurs the Cloud Security Gateways Market
Growing adoption of cloud IT strategies and the resulting rise in data leakages and security and privacy issues is poised to drive the global market for Cloud Security Gateways to reach US$1.4 billion by 2024 . The emergence of cloud computing has unleashed disruptive changes in businesses and their IT departments. The cloud revolution, which began over a decade ago has finally run its course, with virtually every company today being cloud enabled. By enabling a model of a utility computing, the cloud represents the ultimate in disruptive innovation. Cloud-delivered enterprise solutions by offering a simpler, cheaper, and more effective alternative to legacy models of enterprise computing, will be almost a sacrosanct need for companies to survive in the market. However, as companies flock to deploy the cloud in its various flavors – private, public and hybrid, data security and privacy issues are gaining in importance. The ubiquity of cloud applications and use of mobile device...