The cloud security market was estimated at USD 39.03 billion in 2022 and is likely to grow at a CAGR of 13.7% during 2023-2028 to reach USD 84.77 billion in 2028.
Cloud security, referred to as cloud computing security comprises a set of policies that work together to protect cloud-based data and systems. The security measures are configured to protect cloud data, protect consumer privacy, support regulatory compliance, and set verification rules for individual devices and users.