The adoption of cloud computing has affected to large extent the projects of IT departments. There is a remarkable propagation of cloud computing in the market. There are numerous benefits, which are gained from the cloud-based services. It enables the organizations to minimize cost without sacrificing on their business agility and successfully attain economies of scale.
It is seen that for enterprising global businesses information is actually knowledge. Thus moving data to cloud raises many doubts and considerations, since enterprises tend to share or have less or virtually or no control over the data being stored on the cloud. Security threats are growing rapidly available online through underground hackers and miscreants. Hence, it is essential that care is taken to ensure that right person should only have access to sensitive information. A lot of serious hassles arise due to data loss, theft, or snooping from within and outside the network. In addition, Organizations have to assure compliance with numerous laws that make them responsible directly for any personal, financial, or proprietary data. The cloud security software market is thus rapidly growing at a fast pace. Cloud Email Security together with Cloud Encryption Software accounts for the large share of the overall market. Cloud Security Software is the fastest growing segment, which is going to dominate the market by the end of 2020.
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