The market for cloud computing technology is expanding at a fast pace.

According to a survey conducted by a research firm,'the rapid adoption of cloud sets to make the cloud security market worth 9 billion dollars by 2019.'

There are numerous benefits of adopting Cloud computing technology. This computing technique makes it possible for businesses to gain scalability of resources and business stability. However, it makes organizations spend huge amounts on implementing robust cloud security measures such as cloud-based identity management, database security, network security, encryption services, web and email security, SIEM, DLP, IPS and virtualized security. It is of utmost importance for organizations to safeguard against the increasing number of cyber-attacks from cloud.

Certain research reports suggest that cloud security concerns are in fact obstructing cloud adoption.

A recent industry report named 'Cloud security market-Global Advancements, Forecasts & Analysis', states that a rapid upsurge in the adoption of cloud computing, and growing demand for managed security services are playing a pivotal role in shaping the future of cloud-based security services market.

The cloud security market can be further segregated into IAM/IDaaS, web security, cloud IDS/IPS, cloud database security, BCDR, network security, data loss prevention, email security and virtualization security.

With cloud, the number of mobile workforce accessing the private network is expanding, due to which it is pertinent to perform identity and access management. There are a large number of security threats and data breaches related to the cloud. All these problems can be fixed with an appropriate deployment of cloud security services that can easily handle and reduce the complexities related to the cloud.

Presently, there are some industry giant cloud security players such as Symantec, Sophos, Trend Micro, IBM etc. available in the market to augment the adoption of cloud computing and provide managed security solutions to the businesses.