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Industry Landscape
The cloud infrastructure security market is rapidly expanding, driven by the increasing adoption of cloud services and the growing complexity of cyber threats. Fine-grained access control and Authorization-as-a-Service (AaaS) are critical components, with companies seeking scalable, developer-friendly solutions to manage permissions and ensure compliance. The industry is characterized by innovation, with a strong emphasis on open-source contributions and specialized providers.
Total Assets Under Management (AUM)
Cloud Security Market Size in United States
~Approx. $29 Billion (2023)
(15-20% CAGR)
- Increased cloud adoption drives demand.
- Focus on data privacy and compliance.
- Rise of sophisticated cyber threats.
Total Addressable Market
Approx. $30 Billion
Market Growth Stage
Pace of Market Growth
Emerging Technologies
Attribute-Based Access Control (ABAC)
ABAC allows for highly flexible and fine-grained access control decisions based on attributes of the user, resource, and environment, moving beyond traditional role-based models.
Policy-as-Code (PaC)
PaC externalizes authorization logic into code, enabling version control, automated testing, and consistent deployment of access policies across diverse environments.
Decentralized Identity (DID)
DID technologies can enhance authorization by allowing users to control their own verifiable credentials, potentially simplifying identity management and access provisioning in distributed systems.
Impactful Policy Frameworks
NIST SP 800-207 (Zero Trust Architecture) - 2020
NIST SP 800-207 provides guidance on Zero Trust Architecture, emphasizing that no user or device should be implicitly trusted, requiring continuous verification for every access attempt.
This policy drives demand for fine-grained, real-time authorization solutions that enforce 'never trust, always verify' principles, directly benefiting Authzed's core offering.
Cybersecurity Executive Order 14028 - 2021
Executive Order 14028 aims to improve the nation's cybersecurity, focusing on enhancing software supply chain security, establishing a Cyber Safety Review Board, and improving information sharing.
The order increases the imperative for robust authorization to secure software components and data access, aligning with Authzed's mission to provide a trusted authorization layer.
SEC Cybersecurity Disclosure Rules - 2023
The SEC adopted rules requiring public companies to disclose material cybersecurity incidents within four business days and annually report on their cybersecurity risk management, strategy, and governance.
These rules heighten the need for auditable and transparent authorization systems to demonstrate robust security controls and facilitate compliance reporting, which Authzed's solution inherently provides.
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