$ 9.76 Billion Serverless Security Market Size, Globally, by 2028 at 30.53% CAGR: Verified Market Research®

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Some of the key factors such as eliminating the need to manage servers thereby reducing infrastructure costs, shifting from using manual development and IT operations to serverless computing methods are expected to catalyze the market.

JERSEY CITY, NJ, November 29, 2021 / PRNewswire / – Verified Market Research recently published a report, “Serverless Security Marketplace“By type of security (data security, network security, perimeter security, application security), by verticals (BFSI, telecommunications, energy and utilities, IT and ITeS) and by geography. Based on verified market research , the size of the global serverless security market was estimated to be $ 1.15 billion in 2020 and should reach $ 9.76 billion by 2028, with a CAGR of 30.53% from 2021 to 2028.

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Browse the table of contents in depth toServerless Security Marketplace
202 – Pages
126 – Tables
37 – Figures

Global Serverless Security Market Overview

Serverless security requires a paradigm shift in the way organizations view application security and as an alternative to building security around the application itself using next-generation firewalls, Organizations should focus on building security around functions within applications hosted by third party cloud providers. The extra layer of security will ensure proper application hardening and least privilege access control so that each function does not do more than it is designed to do. This will help organizations improve their security posture and maintain compliance.

Key factors such as eliminating the need to manage servers, thereby reducing infrastructure costs, ease of deployment, management and execution, shifting from the use of IT development and operations to IT operations. Serverless computing methods and proliferation of microservices architecture are expected to further catalyze the global serverless security market during the forecast period. This, in turn, is likely to provide a lucrative opportunity for the serverless security market to grow during the forecast period.

Key developments

  • At June 2021, Amazon Web Services, Inc. (AWS) announced general availability of AWS Proton, a fully managed application delivery service for containers and serverless applications. AWS Proton enables platform engineering teams to create complex architectures in simple, consumable units.

  • At May 2021, Imperva, the leader in cybersecurity has launched a new product Imperva Serverless Protection, to secure serverless functions with visibility to the application layer and vulnerabilities at the code level. The new product is designed to protect organizations from vulnerabilities created by misconfigured applications and code-level security risks in serverless computing environments. Imperva Serverless Protection is a tool fully integrated with AWS Lambda extensions.

Key players

The main players in the market are AWS, Google, Microsoft, Imperva, Aqua Security, Signal Sciences, Rackspace, Micro Focus, Sophos, among others.

Verified market research segmented the global serverless security market on the basis of security type, verticals, and geography.

  • Serverless Security Market, By Security Type

  • Serverless Security Market, By Industry Verticals

  • Serverless Security Market By Geography

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