Serverless Security Market Bifurcations, Drivers, Restraints, and Trends for 2022-2027

Introduction

The Global Serverless Security Market is experiencing a dynamic shift, driven by technological advancements, evolving consumer preferences, and changing economic landscapes. This market has become a focal point for stakeholders, including manufacturers, suppliers, and investors, who are keen on exploring growth opportunities in this evolving industry. As businesses strive to adapt to these changes, understanding the market's key drivers, segmentation, and regional dynamics becomes crucial. This blog provides an in-depth analysis of the Serverless Security Market, examining the market overview, dynamics, segment analysis, and regional projections.

Market Overview

The Global Serverless Security Market is projected to grow at a CAGR of around 25.85% during the forecast period, 2022-27. With the ever-changing landscape of computing, serverless computing has managed to gain notable traction in the historical years. As more & more organizations across the globe are adopting serverless computing for easing the coding process, the requirement for serverless security has emerged as the need of the hour.

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Serverless Security Market Dynamics

Several dynamics are shaping the Serverless Security Market. On the demand side, the growing consumer focus on quality and sustainability is driving the need for advanced solutions. On the supply side, market players are intensifying competition by launching innovative products and expanding their geographic presence.

Key Driver: Rising Adoption of Serverless Applications Leading to Security Vulnerabilities

The emerging incidences of misconfiguration in the application settings & features offered by the cloud service provider have elevated the requirement for serverless security. Cyber-attacks like those of Denial-of-Service (DoS) attacks in serverless applications can lead to serious compromise in an organization’s data.

Therefore, the attackers can take advantage of the exposed functions of a network or platform with unprotected datasets. In this regard, implementing serverless security as a means of preventive measure can deter the threats posed by serverless applications. Due to the efficiency provided by the server application, enterprises have been attracted to serverless computing.

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Serverless Security Market Segment Analysis

The Serverless Security Market is segmented based on:

By Security Type

• Data Security
• Network Security
• Application Security
• Perimeter Security
• Others (Endpoint, policy management, etc.)

By Deployment Mode

• Public Cloud
• Private Cloud

By Organization Size   

• Small & Medium Enterprises
• Large Enterprises

By End-User

• BFSI
• IT & Telecom
• Retail & Commerce
• Healthcare
• Energy & Utility
• Automotive
• Others (Education, Media & Entertainment, etc.) 

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Serverless Security Market Regional Projection

The Serverless Security Market shows varied growth patterns across different regions:

By Region

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

Key Players in the Market

Several key players dominate the Serverless Security market, each striving to capture a larger share through product innovation, strategic partnerships, and expansion. Leading players include:

• Amazon Web Services (AWS)
• Google LLC
• Cisco
• Microsoft Azure
• Check Point Software Technologies Ltd.
• Fastly, Inc.
• Palo Alto Networks, Inc.        
• Deepfence
• TrendMicro
• Rapid7 (Alcide)
• Stackery
• Micro Focus
• Imperva
• Others

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