Rise in cloud adoption owing to benefits such as high-quality web services, data sharing through file feeds, and single sign-on connection across the network are driving the market.
The global Cloud Discovery Market is forecast to reach USD 2.56 Billion by 2026, according to a new report by Reports and Data. Cloud Discovery is an open-source tool that helps enterprises infrastructure, security teams, and operations, to recognize all the cloud-native platform services, like managed Kubernetes platforms, container registries, and serverless services that are used among cloud providers.
Cloud Discovery is a powerful tool for security and audit practitioners that want to discover all the ‘unknown unknowns’ across environments in a simple way. Cloud Discovery connects to the cloud provider’s native platform APIs to find services and their metadata and need only read permissions. It also has a network discovery option that is used to discover cloud-native apps and infrastructure, and it also uses port scanning to sweep IP ranges. It is provided as a simple Docker container image that can be run anywhere and works for both automation and interactive use.
The market is expected to grow in the coming years due to the increasing adoption of cloud computing across different verticals. Moreover, concerns for the security of IT infrastructure is also augmenting market growth. However, a lack of sufficient infrastructure among SMEs is expected to hinder the growth of the market.
Rising smart technology innovations and increasing demand to enhance overall infrastructure scalability among different verticals will drive the market in the Asia Pacific region. The region is forecasted to grow with a CAGR of 17.0% during the forecast period.
Key participants Mcafee, Qualys, BMC Software, Puppet, Cisco Systems, Certero, Servicenow, Netskope, Connectwise, and Movere, among others.
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Further key findings from the report suggest
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For the purpose of this report, Reports and Data have segmented into the global Cloud Discovery market on the basis of component, organization size, and industry vertical, and region:
Component Outlook (Revenue: USD Billion; 2016-2026)
Organization Size Outlook (Revenue: USD Billion; 2016-2026)
Industry Vertical Outlook (Revenue: USD Billion; 2016-2026)
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Regional Outlook (Revenue: USD Billion; 2016-2026)
Finally, all aspects of the Cloud Discovery market are quantitatively as well qualitatively assessed to study the global as well as regional market comparatively. This market study presents critical information and factual data about the market providing an overall statistical study of this market on the basis of market drivers, limitations and its future prospects.
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