Dublin, July 22, 2021 (GLOBE NEWSWIRE) — The “Cloud Security Software Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2026)” report has been added to ResearchAndMarkets.com’s offering. The cloud security software market was valued at USD 29.5 billion in 2020 and is expected to reach a market value of USD 37.37 billion by 2026, registering a CAGR of 5.25% over the forecast period (2021 – 2026). The growing data generation and increasing complexity of technologies have resulted in a heavy dependence of organizations on cloud services for operations and data management. This growth in the adoption of cloud services has a direct impact on the demand for cloud security solutions. According to a study published by CenturyLink, Cloud computing is expected to generate USD 411 billion by 2020.

By A Silva