Cloud-Native Application Protection Platform Market Overview:
A cloud-native application protection platform is an all-in-one cloud-native software platform designed to simplify monitoring, detecting, and acting on potential cloud security threats and vulnerabilities. It combines multiple tools and capabilities into a single software solution to minimize complexity and facilitate DevOps operations. CNAPPs offer end-to-end cloud and application security through the entire CI/CD application lifecycle, from development to production.
Cloud-native Application Protection Platform Market Size was valued at USD 5.60 billion in 2022. The Cloud-native Application Protection Platform Market is projected to grow from USD 6.80 billion in 2023 to USD 39.9 billion by 2032, at a CAGR of 21.7% by 2032.
Top Key Players:
- Palo Alto Networks
- Check Point Software Technologies
- Fortinet
- Trend Micro
- Cloudflare
- Akamai Technologies
- Imperva
- F5 Networks
- Barracuda Networks
- Zscaler
- Radware
- Qualys
- Gen Digital Inc.
- Proofpoint
- CrowdStrike
- Sophos
- McAfee
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Market Segmentation
The CNAPP market is segmented based on cloud type, with the hybrid segment acquiring a significant revenue share in the market in 2021. The hybrid model has been the most popular implementation methodology across sectors, emphasizing the creation of hybrid cloud models and strategies to improve business operations, resource consumption, cost efficiency, user experience, and application modernization.
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Conclusion
The CNAPP market is experiencing significant growth, driven by the increasing adoption of cloud-native application security solutions and the need for comprehensive security platforms to protect cloud environments. As organizations continue to prioritize cloud-native security, the demand for CNAPPs is expected to rise, especially in sectors such as BFSI, healthcare, retail and e-commerce, telecommunication, and others.
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