Global Cloud Workload Security Market 2020 by Company, Regions, Type and Application, Forecast to 2025

  • receipt Report ID : 27437
  • calendar_today Published On: Sep, 2020
  • file_copy Pages: 156
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Market Overview

The Cloud Workload Security market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.

The global Cloud Workload Security market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of xx%% in the forecast period of 2020 to 2025 and will expected to reach USD xx million by 2025, from USD xx million in 2019.

Market segmentation

Cloud Workload Security market is split by Type and by Application. For the period 2015-2025, the growth among segments provide accurate calculations and forecasts for sales by Type and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

By Type, Cloud Workload Security market has been segmented into:

Public Cloud

Private Cloud

Hybrid Cloud

By Application, Cloud Workload Security has been segmented into:

BFSI

IT &Telecom

Manufacturing

Travel &Hospitality

Healthcare

Other

Regions and Countries Level Analysis

Regional analysis is another highly comprehensive part of the research and analysis study of the global Cloud Workload Security market presented in the report. This section sheds light on the sales growth of different regional and country-level Cloud Workload Security markets. For the historical and forecast period 2015 to 2025, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global Cloud Workload Security market.

The report offers in-depth assessment of the growth and other aspects of the Cloud Workload Security market in important countries (regions), including:

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia and Italy)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)

South America (Brazil, Argentina, Colombia)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Competitive Landscape and Cloud Workload Security Market Share Analysis

Cloud Workload Security competitive landscape provides details by vendors, including company overview, company total revenue (financials), market potential, global presence, Cloud Workload Security sales and revenue generated, market share, price, production sites and facilities, SWOT analysis, product launch. For the period 2015-2020, this study provides the Cloud Workload Security sales, revenue and market share for each player covered in this report.

The major players covered in Cloud Workload Security are:

McAfee

Tripwire

IBM Corporation

Aqua Security

Trend Micro

Microsoft Corporation

VMware

Among other players domestic and global, Cloud Workload Security market share data is available for global, North America, Europe, Asia-Pacific, Middle East & Africa and South America separately. Our analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Frequently Asked Questions

The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.

Market is segmented on the basis:

  • By Type
  • By Application
  • By Region
  • By Country
  • By Manufacturer

The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.

The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.

1 Cloud Workload Security Market Overview

1.1 Product Overview and Scope of Cloud Workload Security

1.2 Classification of Cloud Workload Security by Type

1.2.1 Global Cloud Workload Security Revenue by Type: 2015 VS 2019 VS 2025

1.2.2 Global Cloud Workload Security Revenue Market Share by Type in 2019

1.2.3 Public Cloud

1.2.4 Private Cloud

1.2.5 Hybrid Cloud

1.3 Global Cloud Workload Security Market by Application

1.3.1 Overview: Global Cloud Workload Security Revenue by Application: 2015 VS 2019 VS 2025

1.3.2 BFSI

1.3.3 IT &Telecom

1.3.4 Manufacturing

1.3.5 Travel &Hospitality

1.3.6 Healthcare

1.3.7 Other

1.4 Global Cloud Workload Security Market by Regions

1.4.1 Global Cloud Workload Security Market Size by Regions: 2015 VS 2019 VS 2025

1.4.2 Global Market Size of Cloud Workload Security (2015-2025)

1.4.3 North America (USA, Canada and Mexico) Cloud Workload Security Status and Prospect (2015-2025)

1.4.4 Europe (Germany, France, UK, Russia and Italy) Cloud Workload Security Status and Prospect (2015-2025)

1.4.5 Asia-Pacific (China, Japan, Korea, India and Southeast Asia) Cloud Workload Security Status and Prospect (2015-2025)

1.4.6 South America (Brazil, Argentina, Colombia) Cloud Workload Security Status and Prospect (2015-2025)

1.4.7 Middle East & Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa) Cloud Workload Security Status and Prospect (2015-2025)

2 Company Profiles

2.1 McAfee

2.1.1 McAfee Details

2.1.2 McAfee Major Business

2.1.3 McAfee SWOT Analysis

2.1.4 McAfee Product and Services

2.1.5 McAfee Cloud Workload Security Revenue, Gross Margin and Market Share (2018-2019)

2.2 Tripwire

2.2.1 Tripwire Details

2.2.2 Tripwire Major Business

2.2.3 Tripwire SWOT Analysis

2.2.4 Tripwire Product and Services

2.2.5 Tripwire Cloud Workload Security Revenue, Gross Margin and Market Share (2018-2019)

2.3 IBM Corporation

2.3.1 IBM Corporation Details

2.3.2 IBM Corporation Major Business

2.3.3 IBM Corporation SWOT Analysis

2.3.4 IBM Corporation Product and Services

2.3.5 IBM Corporation Cloud Workload Security Revenue, Gross Margin and Market Share (2018-2019)

2.4 Aqua Security

2.4.1 Aqua Security Details

2.4.2 Aqua Security Major Business

2.4.3 Aqua Security SWOT Analysis

2.4.4 Aqua Security Product and Services

2.4.5 Aqua Security Cloud Workload Security Revenue, Gross Margin and Market Share (2018-2019)

2.5 Trend Micro

2.5.1 Trend Micro Details

2.5.2 Trend Micro Major Business

2.5.3 Trend Micro SWOT Analysis

2.5.4 Trend Micro Product and Services

2.5.5 Trend Micro Cloud Workload Security Revenue, Gross Margin and Market Share (2018-2019)

2.6 Microsoft Corporation

2.6.1 Microsoft Corporation Details

2.6.2 Microsoft Corporation Major Business

2.6.3 Microsoft Corporation Product and Services

2.6.4 Microsoft Corporation Cloud Workload Security Revenue, Gross Margin and Market Share (2018-2019)

2.7 VMware

2.7.1 VMware Details

2.7.2 VMware Major Business

2.7.3 VMware Product and Services

2.7.4 VMware Cloud Workload Security Revenue, Gross Margin and Market Share (2018-2019)

3 Market Competition, by Players

3.1 Global Cloud Workload Security Revenue and Share by Players (2015-2020)

3.2 Market Concentration Rate

3.2.1 Top 5 Cloud Workload Security Players Market Share

3.2.2 Top 10 Cloud Workload Security Players Market Share

3.3 Market Competition Trend

4 Market Size by Regions

4.1 Global Cloud Workload Security Revenue and Market Share by Regions

4.2 North America Cloud Workload Security Revenue and Growth Rate (2015-2020)

4.3 Europe Cloud Workload Security Revenue and Growth Rate (2015-2020)

4.4 Asia-Pacific Cloud Workload Security Revenue and Growth Rate (2015-2020)

4.5 South America Cloud Workload Security Revenue and Growth Rate (2015-2020)

4.6 Middle East & Africa Cloud Workload Security Revenue and Growth Rate (2015-2020)

5 North America Cloud Workload Security Revenue by Countries

5.1 North America Cloud Workload Security Revenue by Countries (2015-2020)

5.2 USA Cloud Workload Security Revenue and Growth Rate (2015-2020)

5.3 Canada Cloud Workload Security Revenue and Growth Rate (2015-2020)

5.4 Mexico Cloud Workload Security Revenue and Growth Rate (2015-2020)

6 Europe Cloud Workload Security Revenue by Countries

6.1 Europe Cloud Workload Security Revenue by Countries (2015-2020)

6.2 Germany Cloud Workload Security Revenue and Growth Rate (2015-2020)

6.3 UK Cloud Workload Security Revenue and Growth Rate (2015-2020)

6.4 France Cloud Workload Security Revenue and Growth Rate (2015-2020)

6.5 Russia Cloud Workload Security Revenue and Growth Rate (2015-2020)

6.6 Italy Cloud Workload Security Revenue and Growth Rate (2015-2020)

7 Asia-Pacific Cloud Workload Security Revenue by Countries

7.1 Asia-Pacific Cloud Workload Security Revenue by Countries (2015-2020)

7.2 China Cloud Workload Security Revenue and Growth Rate (2015-2020)

7.3 Japan Cloud Workload Security Revenue and Growth Rate (2015-2020)

7.4 Korea Cloud Workload Security Revenue and Growth Rate (2015-2020)

7.5 India Cloud Workload Security Revenue and Growth Rate (2015-2020)

7.6 Southeast Asia Cloud Workload Security Revenue and Growth Rate (2015-2020)

8 South America Cloud Workload Security Revenue by Countries

8.1 South America Cloud Workload Security Revenue by Countries (2015-2020)

8.2 Brazil Cloud Workload Security Revenue and Growth Rate (2015-2020)

8.3 Argentina Cloud Workload Security Revenue and Growth Rate (2015-2020)

9 Middle East & Africa Revenue Cloud Workload Security by Countries

9.1 Middle East & Africa Cloud Workload Security Revenue by Countries (2015-2020)

9.2 Saudi Arabia Cloud Workload Security Revenue and Growth Rate (2015-2020)

9.3 UAE Cloud Workload Security Revenue and Growth Rate (2015-2020)

9.4 Egypt Cloud Workload Security Revenue and Growth Rate (2015-2020)

9.5 South Africa Cloud Workload Security Revenue and Growth Rate (2015-2020)

10 Market Size Segment by Type

10.1 Global Cloud Workload Security Revenue and Market Share by Type (2015-2020)

10.2 Global Cloud Workload Security Market Forecast by Type (2019-2024)

10.3 Public Cloud Revenue Growth Rate (2015-2025)

10.4 Private Cloud Revenue Growth Rate (2015-2025)

10.5 Hybrid Cloud Revenue Growth Rate (2015-2025)

11 Global Cloud Workload Security Market Segment by Application

11.1 Global Cloud Workload Security Revenue Market Share by Application (2015-2020)

11.2 Cloud Workload Security Market Forecast by Application (2019-2024)

11.3 BFSI Revenue Growth (2015-2020)

11.4 IT &Telecom Revenue Growth (2015-2020)

11.5 Manufacturing Revenue Growth (2015-2020)

11.6 Travel &Hospitality Revenue Growth (2015-2020)

11.7 Healthcare Revenue Growth (2015-2020)

11.8 Other Revenue Growth (2015-2020)

12 Global Cloud Workload Security Market Size Forecast (2021-2025)

12.1 Global Cloud Workload Security Market Size Forecast (2021-2025)

12.2 Global Cloud Workload Security Market Forecast by Regions (2021-2025)

12.3 North America Cloud Workload Security Revenue Market Forecast (2021-2025)

12.4 Europe Cloud Workload Security Revenue Market Forecast (2021-2025)

12.5 Asia-Pacific Cloud Workload Security Revenue Market Forecast (2021-2025)

12.6 South America Cloud Workload Security Revenue Market Forecast (2021-2025)

12.7 Middle East & Africa Cloud Workload Security Revenue Market Forecast (2021-2025)

13 Research Findings and Conclusion

14 Appendix

14.1 Methodology

14.2 Data Source

14.3 Disclaimer

14.4 About US

List of Tables

Table 1. Global Cloud Workload Security Revenue (USD Million) by Type: 2015 VS 2019 VS 2025

Table 2. Breakdown of Cloud Workload Security by Company Type (Tier 1, Tier 2 and Tier 3)

Table 3. Global Cloud Workload Security Revenue (USD Million) by Application: 2015 VS 2019 VS 2025

Table 4. Global Market Cloud Workload Security Revenue (Million USD) Comparison by Regions 2015-2025

Table 5. Global Cloud Workload Security Market Size and Growth Estimation in Various Scenarios in 2020

Table 6. McAfee Corporate Information, Location and Competitors

Table 7. McAfee Cloud Workload Security Major Business

Table 8. McAfee Cloud Workload Security Total Revenue (USD Million) (2017-2018)

Table 9. McAfee SWOT Analysis

Table 10. McAfee Cloud Workload Security Product and Solutions

Table 11. McAfee Cloud Workload Security Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 12. Tripwire Corporate Information, Location and Competitors

Table 13. Tripwire Cloud Workload Security Major Business

Table 14. Tripwire Cloud Workload Security Total Revenue (USD Million) (2018-2019)

Table 15. Tripwire SWOT Analysis

Table 16. Tripwire Cloud Workload Security Product and Solutions

Table 17. Tripwire Cloud Workload Security Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 18. IBM Corporation Corporate Information, Location and Competitors

Table 19. IBM Corporation Cloud Workload Security Major Business

Table 20. IBM Corporation Cloud Workload Security Total Revenue (USD Million) (2017-2018)

Table 21. IBM Corporation SWOT Analysis

Table 22. IBM Corporation Cloud Workload Security Product and Solutions

Table 23. IBM Corporation Cloud Workload Security Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 24. Aqua Security Corporate Information, Location and Competitors

Table 25. Aqua Security Cloud Workload Security Major Business

Table 26. Aqua Security Cloud Workload Security Total Revenue (USD Million) (2017-2018)

Table 27. Aqua Security SWOT Analysis

Table 28. Aqua Security Cloud Workload Security Product and Solutions

Table 29. Aqua Security Cloud Workload Security Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 30. Trend Micro Corporate Information, Location and Competitors

Table 31. Trend Micro Cloud Workload Security Major Business

Table 32. Trend Micro Cloud Workload Security Total Revenue (USD Million) (2017-2018)

Table 33. Trend Micro SWOT Analysis

Table 34. Trend Micro Cloud Workload Security Product and Solutions

Table 35. Trend Micro Cloud Workload Security Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 36. Microsoft Corporation Corporate Information, Location and Competitors

Table 37. Microsoft Corporation Cloud Workload Security Major Business

Table 38. Microsoft Corporation Cloud Workload Security Total Revenue (USD Million) (2017-2018)

Table 39. Microsoft Corporation SWOT Analysis

Table 40. Microsoft Corporation Cloud Workload Security Product and Solutions

Table 41. Microsoft Corporation Cloud Workload Security Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 42. VMware Corporate Information, Location and Competitors

Table 43. VMware Cloud Workload Security Major Business

Table 44. VMware Cloud Workload Security Total Revenue (USD Million) (2017-2018)

Table 45. VMware SWOT Analysis

Table 46. VMware Cloud Workload Security Product and Solutions

Table 47. VMware Cloud Workload Security Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 48. Global Cloud Workload Security Revenue (Million USD) by Players (2015-2020)

Table 49. Global Cloud Workload Security Revenue Share by Players (2015-2020)

Table 50. Global Cloud Workload Security Revenue (Million USD) by Regions (2015-2020)

Table 51. Global Cloud Workload Security Revenue Market Share by Regions (2015-2020)

Table 52. North America Cloud Workload Security Revenue by Countries (2015-2020)

Table 53. North America Cloud Workload Security Revenue Market Share by Countries (2015-2020)

Table 54. Europe Cloud Workload Security Revenue (Million USD) by Countries (2015-2020)

Table 55. Asia-Pacific Cloud Workload Security Revenue (Million USD) by Countries (2015-2020)

Table 56. South America Cloud Workload Security Revenue by Countries (2015-2020)

Table 57. South America Cloud Workload Security Revenue Market Share by Countries (2015-2020)

Table 58. Middle East and Africa Cloud Workload Security Revenue (Million USD) by Countries (2015-2020)

Table 59. Middle East and Africa Cloud Workload Security Revenue Market Share by Countries (2015-2020)

Table 60. Global Cloud Workload Security Revenue (Million USD) by Type (2015-2020)

Table 61. Global Cloud Workload Security Revenue Share by Type (2015-2020)

Table 62. Global Cloud Workload Security Revenue Forecast by Type (2021-2025)

Table 63. Global Cloud Workload Security Revenue by Application (2015-2020)

Table 64. Global Cloud Workload Security Revenue Share by Application (2015-2020)

Table 65. Global Cloud Workload Security Revenue Forecast by Application (2021-2025)

Table 66. Global Cloud Workload Security Revenue (Million USD) Forecast by Regions (2021-2025)

List of Figures

Figure 1. Cloud Workload Security Picture

Figure 2. Global Cloud Workload Security Revenue Market Share by Type in 2019

Figure 3. Public Cloud Picture

Figure 4. Private Cloud Picture

Figure 5. Hybrid Cloud Picture

Figure 6. Cloud Workload Security Revenue Market Share by Application in 2019

Figure 7. BFSI Picture

Figure 8. IT &Telecom Picture

Figure 9. Manufacturing Picture

Figure 10. Travel &Hospitality Picture

Figure 11. Healthcare Picture

Figure 12. Other Picture

Figure 13. Global Cloud Workload Security Revenue (USD Million) and Growth Rate (2015-2025)

Figure 14. North America Cloud Workload Security Revenue (Million USD) and Growth Rate (2015-2025)

Figure 15. Europe Cloud Workload Security Revenue (Million USD) and Growth Rate (2015-2025)

Figure 16. Asia-Pacific Cloud Workload Security Revenue (Million USD) and Growth Rate (2015-2025)

Figure 17. South America Cloud Workload Security Revenue (Million USD) and Growth Rate (2015-2025)

Figure 18. Middle East and Africa Cloud Workload Security Revenue (Million USD) and Growth Rate (2015-2025)

Figure 19. Global Cloud Workload Security Revenue (Million USD) and Growth Rate (2015-2025)

Figure 20. Global Cloud Workload Security Revenue Share by Players in 2019

Figure 21. Global Top 5 Players Cloud Workload Security Revenue Market Share in 2019

Figure 22. Global Top 10 Players Cloud Workload Security Revenue Market Share in 2019

Figure 23. Key Players Market Share Trend

Figure 24. Global Cloud Workload Security Revenue (Million USD) and Growth Rate (%) (2015-2020)

Figure 25. Global Cloud Workload Security Revenue Market Share by Regions (2015-2020)

Figure 26. Global Cloud Workload Security Revenue Market Share by Regions in 2018

Figure 27. North America Cloud Workload Security Revenue and Growth Rate (2015-2020)

Figure 28. Europe Cloud Workload Security Revenue and Growth Rate (2015-2020)

Figure 29. Asia-Pacific Cloud Workload Security Revenue and Growth Rate (2015-2020)

Figure 30. South America Cloud Workload Security Revenue and Growth Rate (2015-2020)

Figure 31. Middle East and Africa Cloud Workload Security Revenue and Growth Rate (2015-2020)

Figure 32. North America Cloud Workload Security Revenue Market Share by Countries (2015-2020)

Figure 33. North America Cloud Workload Security Revenue Market Share by Countries in 2019

Figure 34. USA Cloud Workload Security Revenue and Growth Rate (2015-2020)

Figure 35. Canada Cloud Workload Security Revenue and Growth Rate (2015-2020)

Figure 36. Mexico Cloud Workload Security Revenue and Growth Rate (2015-2020)

Figure 37. Europe Cloud Workload Security Revenue Market Share by Countries (2015-2020)

Figure 38. Europe Cloud Workload Security Revenue Market Share by Countries in 2019

Figure 39. Germany Cloud Workload Security Revenue and Growth Rate (2015-2020)

Figure 40. UK Cloud Workload Security Revenue and Growth Rate (2015-2020)

Figure 41. France Cloud Workload Security Revenue and Growth Rate (2015-2020)

Figure 42. Russia Cloud Workload Security Revenue and Growth Rate (2015-2020)

Figure 43. Italy Cloud Workload Security Revenue and Growth Rate (2015-2020)

Figure 44. Asia-Pacific Cloud Workload Security Revenue Market Share by Countries (2015-2020)

Figure 45. Asia-Pacific Cloud Workload Security Revenue Market Share by Countries in 2019

Figure 46. China Cloud Workload Security Revenue and Growth Rate (2015-2020)

Figure 47. Japan Cloud Workload Security Revenue and Growth Rate (2015-2020)

Figure 48. Korea Cloud Workload Security Revenue and Growth Rate (2015-2020)

Figure 49. India Cloud Workload Security Revenue and Growth Rate (2015-2020)

Figure 50. Southeast Asia Cloud Workload Security Revenue and Growth Rate (2015-2020)

Figure 51. South America Cloud Workload Security Revenue Market Share by Countries (2015-2020)

Figure 52. South America Cloud Workload Security Revenue Market Share by Countries in 2019

Figure 53. Brazil Cloud Workload Security Revenue and Growth Rate (2015-2020)

Figure 54. Argentina Cloud Workload Security Revenue and Growth Rate (2015-2020)

Figure 55. Middle East and Africa Cloud Workload Security Revenue Market Share by Countries (2015-2020)

Figure 56. Middle East and Africa Cloud Workload Security Revenue Market Share by Countries in 2019

Figure 57. Saudi Arabia Cloud Workload Security Revenue and Growth Rate (2015-2020)

Figure 58. UAE Cloud Workload Security Revenue and Growth Rate (2015-2020)

Figure 59. Egypt Cloud Workload Security Revenue and Growth Rate (2015-2020)

Figure 60. South Africa Cloud Workload Security Revenue and Growth Rate (2015-2020)

Figure 61. Global Cloud Workload Security Revenue Share by Type (2015-2020)

Figure 62. Global Cloud Workload Security Revenue Share by Type in 2019

Figure 63. Global Cloud Workload Security Market Share Forecast by Type (2021-2025)

Figure 64. Global Public Cloud Revenue Growth Rate (2015-2020)

Figure 65. Global Private Cloud Revenue Growth Rate (2015-2020)

Figure 66. Global Hybrid Cloud Revenue Growth Rate (2015-2020)

Figure 67. Global Cloud Workload Security Revenue Share by Application (2015-2020)

Figure 68. Global Cloud Workload Security Revenue Share by Application in 2019

Figure 69. Global Cloud Workload Security Market Share Forecast by Application (2021-2025)

Figure 70. Global BFSI Revenue Growth Rate (2015-2020)

Figure 71. Global IT &Telecom Revenue Growth Rate (2015-2020)

Figure 72. Global Manufacturing Revenue Growth Rate (2015-2020)

Figure 73. Global Travel &Hospitality Revenue Growth Rate (2015-2020)

Figure 74. Global Healthcare Revenue Growth Rate (2015-2020)

Figure 75. Global Other Revenue Growth Rate (2015-2020)

Figure 76. Global Cloud Workload Security Revenue (Million USD) and Growth Rate Forecast (2021-2025)

Figure 77. Global Cloud Workload Security Revenue (Million USD) Forecast by Regions (2021-2025)

Figure 78. Global Cloud Workload Security Revenue Market Share Forecast by Regions (2021-2025)

Figure 79. North America Cloud Workload Security Revenue Market Forecast (2021-2025)

Figure 80. Europe Cloud Workload Security Revenue Market Forecast (2021-2025)

Figure 81. Asia-Pacific Cloud Workload Security Revenue Market Forecast (2021-2025)

Figure 82. South America Cloud Workload Security Revenue Market Forecast (2021-2025)

Figure 83. Middle East and Africa Cloud Workload Security Revenue Market Forecast (2021-2025)

Figure 84. Sales Channel: Direct Channel vs Indirect Channel