Cloud Native Application Protection Platform Market Size By Offering (Solution and Services), Deployment (Public Cloud and Hybrid Cloud), and Vertical (BFSI, IT & Telecommunications, Retail, Healthcare and Others), and Region - Market Share, Trend Analysis, Competitive Intelligence, Historical Data, and Forecast 2023 - 2032

Market Perspective

Cloud Native Application Protection Platform Market size was worth around USD 5.48 billion in 2022 and is predicted to grow around USD 14.35 billion by 2032 with a compound annual growth rate of roughly 10.1% between 2023 and 2032. Cloud-native application protection platforms (CNAPPs) have been designed to secure cloud-native solutions at every stage of their lifecycle, from development through to production, by providing a comprehensive range of security and compliance features.

A key advantage of CNAPPs is their ability to proactively scan for, detect, and remediate security and compliance risks throughout the development phase, by integrating with CI/CD pipelines and safeguarding both private and public cloud environments as well as on-premises environments. CNAPPs are particularly useful for environments involving container services and serverless functions, with a reduced focus on runtime protection. These platforms can help minimize risks by preventing misconfigurations of elements such as secrets, containers, Kubernetes clusters, and cloud workloads.

CNAPPs bring together all important features into an all-in-one solution that consolidates previously separate capabilities. This consolidation can reduce complexity and costs, while simultaneously improving the effectiveness of developers and security professionals. Overall, CNAPPs can be a powerful tool to simplify the process of designing secure and compliant cloud-native applications. Some examples of CNAPPs include the Aqua Platform and Prisma Cloud by Palo Alto Networks.

CNAPPs integrate various security functions, such as workload protection, vulnerability management, and container security, into a single, user-friendly interface. This makes it easier for development teams to secure their applications and comply with security policies for the cloud environment. Businesses that choose to adopt cloud-native applications can benefit from improved agility, scalability, and cost-efficiency.

However, this shift in application development can also introduce new security challenges. With cloud-native applications, which are constantly changing and highly dynamic, it can be difficult for traditional security solutions to keep up. To address this challenge, purpose-built cloud-native application protection platforms (CNAPPs) can provide a comprehensive security solution that offers visibility and control over the entire application development and deployment pipeline. By integrating security into every stage of the process, CNAPPs can ensure that applications are protected in real-time and can scale and change securely.

Key Insights

• Based on offering, the solution segment held the largest market share
• Based on deployment, the public cloud segment dominated the market
• Based on vertical, the IT & Telecommunications segment generated the highest revenue
• On the basis of region, North America accounted largest market share

Rising Implementation of BYOD is Driving the Market Growth

The rise of remote work and Bring Your Own Device policies in small and medium enterprises (SMEs) has led to an increased demand for cloud databases. The COVID-19 pandemic outbreak also contributed to the trend of work-from-home jobs. As a result, the global cloud-native application protection platform industry has experienced significant growth due to the growing need for cybersecurity. The rise of cyber-attacks and the need to protect cloud-native applications has fueled demand for CNAPPs, which integrate security and compliance features throughout the development lifecycle.

Recent Development

March 2023-

• Zscaler has updated Zscaler Posture Control with new features, including data loss prevention (DLP) and ThreatLabz threat intelligence that will enhance the platform's cloud-native application protection capabilities powered by the largest security cloud in the world.
• Radware set up a new security center and introduced a cloud application security center in Israel to diminish traffic latencies and improve service redundancy and mitigation capacity. They offer customers protection against web application attacks, malicious bot traffic, denial-of-service attacks, and API attacks. These centers also improve resiliency and ensure compliance with offshore data routing regulations.

January 2023- Check Point launched a risk management engine equipped with enhanced capabilities for the Cloud Native Application Protection Platform (CNAPP) removing complexities, operationalizing cloud security, and enabling security teams to aim at threat prevention across the entire application lifecycle.

October 2022- CrowdStrike has partnered with Ernst & Young (EY) to enable DevSecOps teams to leverage the deployment of CrowdStrike Cloud Security and CrowdStrike Falcon LogScale. The focus is to secure cloud workloads and security providing real-time visibility for the customers.

Segmentation Analysis

Based on the offering, the market is categorized into solutions and services. The solution segment is expected to dominate the market owing to the increasing use of CSPM by companies due to its capability to provide comprehensive controls and support for multi-cloud environments. Additionally, many companies are working to integrate advanced features into CSPM to enhance network security solutions and systems, which is likely to drive the cloud-native application protection platforms market growth.

For instance, in October 2022, Microsoft introduced two new services for their Cloud security platform, Microsoft Defender for Microsoft Defender CSPM and DevOps, both of which were designed to improve security by reducing vulnerabilities and responding to attacks.

On the basis of deployment, the market is bifurcated into public cloud, and hybrid cloud. The public cloud segment is expected to dominate the market owing to the increasing data center maintenance expenses prompting businesses to adopt public cloud strategies. Additionally, the adoption of public cloud solutions by businesses to improve competitiveness and achieve digital transformation is expected to contribute to further market growth. For instance, Walmart's development of its cloud platform, which is connected to two public cloud service providers and enabled a multi-cloud architecture that accelerated tasks and reduced expenses. Overall, the rise in data center maintenance expenditures is expected to accelerate the growth of the public cloud segment within the cloud-native application protection platform market.

By vertical, the market is categorized into BFSI, IT & Telecommunications, Retail, Healthcare, and others. The IT & telecommunications segment is expected to witness substantial growth during the forecast period owing to the extensive use of cloud-native application protection platforms by firms in the IT companies, driven by concerns related to data breaches and cloud misconfiguration. In addition to these factors, the segmental growth is likely to be boosted by incidents such as unauthorized user logins, object storage violations, and unauthorized traffic to virtual servers. These issues have contributed to the need for advanced cloud security measures and have fueled the demand for CNAPP solutions.

Regional Landscape

North America is Dominating the Market Owing to Rising Cyber Attacks

North America is the dominating region owing to the increased demand for cloud security platforms in American companies, driven by the surge in digitalization and rapid adoption of cloud technology as a replacement for existing systems. Leading technology companies are also introducing advanced security solutions to enhance security measures, which is expected to further drive regional business growth.

As an example, in May 2022, Deloitte, an IT and technology consultancy leader, launched its Cloud Security Management service to assist American executives with managing security visibility for cloud workloads and applications, demonstrating the growing importance of advanced cybersecurity measures in the cloud computing industry.

Additionally, the region has recently undergone significant digitalization and adoption of cloud technology. As a result, there has been a gradual shift in IT spending on system infrastructure, with organizations rapidly embracing cloud services to replace traditional solutions. The presence of major industry players delivering cloud-native security solutions has also contributed to the overall growth of the market in the region.

Furthermore, the region is witnessing a surge in cyberattacks, with the Internet Crime Report 2021 by the FBI reporting a record number of complaints from the American public, highlighting potential losses exceeding USD 6.9 billion. The increasing need for stronger safety standards and regulations is another factor driving the growth of the CNAPP market in the North American region.

Competitive Landscape

• IBM Corporation
• Zscaler, Inc.
• Radware
• Check Point Software Technologies Ltd
• CrowdStrike
• Palo Alto Networks
• Skyhigh Security
• Trend Micro Incorporated
• Aqua Security Software Ltd.
• Qualys, Inc.
• Cloud4C
• SentinelOne
• Sophos Ltd.
• Fortinet, Inc.
• RACKSPACE TECHNOLOGY
• Imperva

The global cloud-native application protection platform market is segmented as follows:

By Offering

• Solution
• Services

By Deployment

• Public Cloud
• Hybrid Cloud

By Vertical

• BFSI
• IT & Telecommunications
• Retail
• Healthcare
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Nordic countries
    • Denmark
    • Finland
    • Iceland
    • Sweden
    • Norway
  • Benelux Reunion
    • Belgium
    • The Netherlands
    • Luxembourg
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Southeast Asia
    • Indonesia
    • Thailand
    • Malaysia
    • Singapore
    • Rest of Southeast Asia
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America