Cloud-native Application Protection Platform (CNAPP) Market Size & Share, by Offering (Platform, Professional Services); Cloud Type (Public Cloud, Hybrid Cloud); Vertical (BFSI, IT & ITES, Retail & E-commerce, Telecommunication, Healthcare, Manufacturing, Energy & Utilities); Organization Size (Large, Small); Component (Services, Solution) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 5873
  • Published Date: Mar 11, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Cloud-native Application Protection Platform Market size is anticipated to surpass USD 350 Billion by the end of 2036, growing at a CAGR of 20% during the forecast period i.e., 2024-2036.In the year 2023, industry size of cloud-native application protection platform was USD 27 Billion. As enterprises use more cloud providers, applications, and resources, their cloud infrastructures have become even more complex. Furthermore, the market is expanding due to rising incidences of cyberattacks. The Lockbit ransomware attack, which caused six terabytes of data to be stolen in August 2021, has hit the worldwide IT consulting firm Accenture's network. Most security solutions do not have the end-to-end visibility needed to effectively assess risks and notify security teams of sophisticated cyberattacks, enabling them to manage them.

CNAPP stands out from the rest because of its ability to aggregate data and create end-to-end visibility across an organization's application infrastructure. It can prioritize alerts that could pose a risk to enterprises with an encrypted system for visibility and granular details of the technology stack, configuration, or identity. This factor is thus boosting demand for CNAPP market.


Cloud-native Application Protection Platform Market
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Cloud-native Application Protection Platform Market: Growth Drivers and Challenges

Growth Drivers

  • Companies Using BYOD and Remote Working Substitutes - Cloud based technologies enable employees to work from home from their personal devices while at the same time being connected to office servers. Due to the growing popularity of Public Cloud solutions and BYOD legislation, businesses are beginning to shift their deployment paradigm. The Work from Home and Bring Your Own Device initiatives are rapidly being adopted by organizations. Remote employment helps to promote overall health and allows businesses to counter the loss of productivity.
  • Integration of Cloud Based Technologies - The development of new machine learning and AI capabilities and the facilitation of more productive work is facilitated by cloud-based solutions. In order to protect endpoints and data centers, not cloud-native applications and services, traditional security methods and solutions have been developed. Security teams must be able to detect security problems and vulnerabilities at the earliest stage of development, rapidly solve them as well as guarantee reliable protection when using cloud technologies.

Challenges

  • Lack of Technical Education Availability - For the deployment and maintenance of the CNAPP solution, technical expertise and experience are required. However, businesses have begun to employ security managers with insufficient training and experience over the last few years. Advanced cloud and security capabilities are more in demand than ever, but there is a severe shortage of certified, competent workers to support this shift, particularly in non-tech-related businesses, as per Forbes study from 2020 titled The Cloud Talent Drought Continues.
  • Complexities associated with cloud-native application protection platform are expected to hinder the CNAPP market growth in the forecast period
  • Lack of skilled labor is expected to hamper the market expansion in the upcoming period.

Cloud-native Application Protection Platform (CNAPP) Market: Key Insights

Base Year

2023

Forecast Year

2024 - 2036

CAGR

~20%

Base Year Market Size (2023)

~USD 27 billion

Forecast Year Market Size (2036)

~USD 350 billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Cloud-native Application Protection Platform Segmentation

Type (Public Cloud, Hybrid Cloud)

Based on cloud type, the hybrid segment is anticipated to hold 80% share of the global cloud-native application protection platform market by 2036. The increase in segmental activity can be attributed to the widespread implementation of hybrid cloud by various organizations around the world for improved business efficiency, user experience, and resource consumption. In order to improve business efficiency, resource consumption, cost-effectiveness, user experience, and application modernization while maximizing benefits, a growing number of companies are increasingly emphasizing the creation of hybrid cloud models and sophisticated strategies.

Component [Solution, Services] {Solution (Cloud Security Posture Management, Cloud Workload Protection Platform, Infrastructure as a Code, Identify Based Security and Cloud Infrastructure Entitlement Management)}

In terms of solution, the cloud security posture management segment in the cloud-native application protection platform market is anticipated to hold 30% of the revenue share by 2036. The growth is due to the increased use of CSPM by companies, as it provides more rigorous controls and a multi-cloud capability. In addition, companies are working towards integrating cutting-edge technology in CSPM so as to provide better network security solutions and systems which will likely be a driver for CNAPP market growth. Microsoft recently launched two new preview services for the Microsoft Defender cloud security platform, which are aimed at reducing security vulnerabilities and responding to attacks, in October 2022, called Microsoft Defender for DevOps and Microsoft Defender CSPM.  

Our in-depth analysis of the global cloud-native application protection platform market includes the following segments:

          Offering

  • Platform
  • Professional Services

          Cloud Type

  • Public Cloud
  • Hybrid Cloud

          Vertical

  • BFSI
  • IT & ITES
  • Retail & E-commerce
  •  Telecommunication
  •  Healthcare
  •  Manufacturing
  • Energy & Utilities

          Organization Size

  • Large Enterprises
  • SMEs

          Component

  • Services
  • Solution

          Solution

  • Cloud Security Posture Management
  • Cloud Workload Protection Platform
  •  Infrastructure as a Code
  • Identify Based Security and Cloud Infrastructure Entitlement Management

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Cloud-native Application Protection Platform Industry - Regional Analysis

North American Market Forecasts

The cloud-native application protection platform market in the North America is estimated to hold a revenue share of 58% during the forecast period. This is due to the presence of major industry players and strict regulations, Innovation in this field, and the world's center of technology. In addition, there are some of the world's most important technology firms that have millions of sensitive data at their disposal and which serve as a catalyst for CNAPP use. The growing cases of payment security concerns and data breaches, as well as the increased compliance with Payment Regulation in the region, are some other important factors that contribute to CNAPP market growth for CNAPP. Ransomware, business email compromise, and cases involving cryptocurrencies, which reached an unprecedented level, were the most reported incidents and complaints in 2021. More than 800,000 cybercrime cases were reported in 2021 by the American public as per reports, from 2020 onwards, the increase will be around 7%, resulting in a loss of more than USD 6.5 billion.

APAC Market Statistics

The cloud-native application protection platform market in the Asia Pacific region is set to grow notably during the forecast period. It could be that technological innovation is being driven by countries such as China, India, Japan and South Korea. The reliance on cloud computing, data analysis, and the Internet of Things is growing strongly in the region, in a rapidly evolving and dynamic business environment, where companies are taking advantage of new business opportunities. By using new technologies, companies are also focusing on cost benefits, business efficiency, and competitive advantages.

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Companies Dominating the Cloud Native Application Protection Platform Landscape

top-features-companies
    • Trend Micro, Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Check Point Software Technologies Ltd.
    • Palo Alto Networks, Inc.
    • Crowdstrike Holdings, Inc.
    • Fortinet, Inc.
    • Forcepoint LLC
    •  Aqua Security Software Ltd.
    • Radware Ltd.
    • Zscaler, Inc.
    • Sophos Group PLC

In-the-news

In The News

  • Palo Alto Networks has broadened its partnership with Google Cloud in order to bring the Prisma Access platform and BeyondCorp Enterprise of Google. This is going to aid organizations to get benefited from the performance scale, reliability of Google Cloud, and security expertise of Palo Alto Networks. For today's workforce, it will provide a secure zero trust environment.
  • Zscaler disclosed Posture Control Solution made for giving endeavors with bound together Cloud-Native Application Protection Stage usefulness customized to secure cloud workloads. The posture control solution has been integrated with Zscaler Zero Trust Exchange, allowing security and DevOps teams to prioritize and effectively remediate risks associated with cloudnative applications during the early stages of development.

Author Credits:  Abhishek Verma, Hetal Singh


  • Report ID: 5873
  • Published Date: Mar 11, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The growing use for BYOD in SMEs and increasing integration of cloud technologies are some of the major factors anticipated to drive the growth of the cloud native application protection platform market.

The market is anticipated to attain a CAGR of ~20% over the forecast period, i.e., 2024-2036.

The major players in the market are of Fortinet, Inc., Forcepoint LLC, Aqua Security Software Ltd., Radware Ltd., Zscaler, Inc., Sophos Group PLC, and others.

The hybrid segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in North America is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
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