South Korea Cloud Security Market Size & Outlook
South Korea cloud security market, 2018-2030 (US$M)
Related Markets
South Korea cloud security market highlights
- The South Korea cloud security market generated a revenue of USD 1,055.7 million in 2023 and is expected to reach USD 2,689.5 million by 2030.
- The South Korea market is expected to grow at a CAGR of 14.3% from 2024 to 2030.
- In terms of segment, solution was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
Cloud security market data book summary
| Market revenue in 2023 | USD 1,055.7 million |
| Market revenue in 2030 | USD 2,689.5 million |
| Growth rate | 14.3% (CAGR from 2023 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, Services |
| Key market players worldwide | Amazon.com Inc, Broadcom Inc, Check Point Software Technologies Ltd, Cisco Systems Inc, Extreme Networks Inc, Fortinet Inc, F5 Inc, International Business Machines Corp, Imperva, Palo Alto Networks Inc, Sophos, Zscaler Inc, Forcepoint, Proofpoint, Trellix |
Other key industry trends
- In terms of revenue, South Korea accounted for 3.4% of the global cloud security market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China cloud security market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 4,959.7 million by 2030.
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Cloud Security Market Scope
Cloud Security Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea cloud security market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cloud security market will help companies and investors design strategic landscapes.
Solution was the largest segment with a revenue share of 68.14% in 2023. Horizon Databook has segmented the South Korea cloud security market based on solution, services covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of cloud security market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea cloud security market , including forecasts for subscribers. This country databook contains high-level insights into South Korea cloud security market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea cloud security market size, by component, 2018-2030 (US$M)
South Korea Cloud Security Market Outlook Share, 2023 & 2030 (US$M)
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