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Industry Landscape

The cloud security market is experiencing rapid growth, driven by increasing cloud adoption, containerization, and the rise of DevSecOps practices. Organizations prioritize automated solutions for vulnerability management, supply chain security, and compliance amidst evolving cyber threats.

Industries:
CybersecurityDevSecOpsContainer SecurityVulnerability ManagementCloud Native

Total Assets Under Management (AUM)

Cloud Security Market Size (Revenue) in United States

~Approx. 15-20 billion USD

(20-25% CAGR)

- Driven by increased cloud adoption.

- Focus on securing complex cloud-native environments.

- Growth in demand for DevSecOps integration.

Total Addressable Market

75 billion USD

Market Growth Stage

Low
Medium
High

Pace of Market Growth

Accelerating
Deaccelerating

Emerging Technologies

AI/ML for Automated Threat Detection and Response

AI and Machine Learning are increasingly being used to analyze vast amounts of security data, identify anomalous behaviors, and automate threat detection and response in real-time within cloud environments.

Generative AI for Secure Code Generation and Analysis

Generative AI can assist in writing more secure code from the outset, identify vulnerabilities in existing codebases more efficiently, and even generate security tests.

Zero Trust Architecture (ZTA)

Zero Trust Architecture, or ZTA, fundamentally shifts security paradigms by requiring strict identity verification for every user and device attempting to access resources on a network, regardless of their location.

Impactful Policy Frameworks

NIST Cybersecurity Framework (CSF) 2.0 (2024 Update)

The National Institute of Standards and Technology (NIST) updated its Cybersecurity Framework in 2024, emphasizing governance, supply chain risk management, and continuous improvement for organizations of all sizes.

This update drives stronger governance and supply chain security requirements, directly impacting RapidFort's offerings in supply chain security and compliance readiness.

SEC Cybersecurity Rules (2023)

The U.S. Securities and Exchange Commission (SEC) enacted new rules in 2023 requiring public companies to disclose material cybersecurity incidents and provide annual disclosures regarding their cybersecurity risk management, strategy, and governance.

These rules create a heightened need for robust cybersecurity posture and transparent reporting, increasing demand for solutions like RapidFort that enhance vulnerability management and compliance.

OMB M-22-09: Moving the U.S. Government Toward Zero Trust Cybersecurity Principles (2022)

This U.S. Office of Management and Budget (OMB) memorandum directs federal agencies to adopt Zero Trust cybersecurity principles, emphasizing strong identity management, network segmentation, and data protection.

This policy directly boosts demand for enhanced security measures and compliance with stringent government standards, a key target area for RapidFort with its FedRAMP and NIST focus.

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