Cloud Security Statistics 2020

The global public cloud computing market is set to exceed 330 billion in 2020.

Cloud security statistics 2020.

Here are some of the most outstanding cloud security statistics. Astonishing cloud computing statistics for 2020 editor s choice. Providing data access from anywhere is the top reason for cloud adoption. Ricks cloud based on cloud computing usage statistics the adoption of platform as a service paas back in 2017 was only 32.

Statistics on cloud computing reveal that 41 of the workload will be done on public platforms 20 on private ones and 22 on hybrid cloud platforms. These cybersecurity statistics for 2020 are grouped by category and include breaches costs crime type compliance industry specific stats and job outlook. It seems that around 95 percent of cloud security failures result at fault of the customer. Below are some statistics related to how costly data breaches are as of 2019 20.

Experts agree that by the year 2020 the average cost of a data security breach for a major business would be over 150 million. One of the top reasons why organizations are moving to the cloud is security. The cloud has sophisticated and up to date security software that makes it difficult for cyberattacks to target businesses. Enterprises are predicted to spend 12 6b on cloud security tools by 2023 up from 5 6b in 2018 according to forrester.

The latest stats and trends show that individuals and businesses are at a high risk of cyber attacks cyber crime. Cloud security statistics for 2020. Alarming cyber security statistics for 2020. As organizations move to the cloud security needs to be at the forefront of the discussion.

Platform as a service paas expected to grow in adoption to 56 by 2020. On the other hand on premise workloads are expected to decrease from 37 to 27 by 2020. A full 34 percent saw security and risk management as the number one driver of it spending overall at their organization. Organizations average yearly cloud budget was 2 2 million in 2018.

The cloud s complex use doesn t always make it user friendly but the way it s. Enterprise spending on cloud security solutions is predicted to. A smaller sized company could be put out of business due to a large breach. 83 of enterprise workloads will move to the cloud by the year 2020.