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Cloud Native Application Protection Platform (CNAPP) Market Share

Report ID: GMI5440
Published Date: Feb 2023
Report Format: PDF

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Cloud Native Application Protection Platform Market Share

Some of the leading companies operating in the CNAPP market are

Fortinet
Palo Alto Networks
Trend Micro
Aqua Security
Checkpoint
Crowdstrike
Emertic
Wiz

To provide their clients with enhanced protection, top CNAPP providers focus strongly on product development and strategic partnerships with cybersecurity companies.

For instance, in March 2022, Radware, a pioneer in cyber security solutions globally, and Presidio renewed their multi-year partnership. Presidio is expanding its cyber security portfolio to include Radware's application and API security solutions, DDoS protection, bot management, and Cloud Native Protector to safeguard its clients' cloud, hybrid, and on-premises environments.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market of cloud native application protection platform was worth more than USD 1 billion in 2022 and is estimated to witness over 30% CAGR through 2032, owing to the surging adoption of cloud-based solutions globally.

The IT & Telecom segment generated more than USD 300 million in revenue in 2022, on account of the emerging trend of BYOD and work-from-home policies among enterprises

The market for cloud native application protection platform in North America was worth over USD 500 million in 2022, attributed to the surging digitalization and rapid adoption of cloud technology across the region.

Fortinet, Palo Alto Networks, Trend Micro, Aqua Security, Checkpoint, Crowdstrike, Emertic, and Wiz are among the major enterprises operating in the industry.