Cloud Security Market worth $62.9 billion by 2028 - Exclusive Report by MarketsandMarkets™

Sheetal2315 May, 2025Technology

The global Cloud Security Market size is projected to grow from USD 40.7 billion in 2023 to USD 62.9 billion by 2028 at a CAGR of 9.1% during the forecast period, according to a new report by MarketsandMarkets™. The Cloud Security Market experienced substantial growth due to the rising adoption of multi-cloud environments, the expansion of DevSecOps practices, increased utilization of AI and ML for cloud security, and the growing trend of BYOD and CYOD, which led to an increased demand for cloud security solutions.