Trend Micro has retained its global share in the cloud security market in 2021, according to the latest the IDC market share report on Cloud Workload Security.
Trend Micro, the global cybersecurity leader, has percent share in the global cloud security market. Trend Micro has generated $388.5 million revenue from cloud security business in 2021.
In comparison, Trellex has 6.4 percent share in the global cloud security market. Trellex has generated $139.4 million revenue from cloud security business.
Sophos has 6.3 percent share in the global cloud security market. has generated $137.8 million revenue from cloud security business.
Palo Alto Network has 5.8 percent share in the global cloud security market. has generated $127.6 million revenue from cloud security business.
Check Point has 5.2 percent share in the global cloud security market. has generated $114.7 million revenue from cloud security business.
LaceWork has 4.7 percent share in the global cloud security market. has generated $102.1 million revenue from cloud security business.
CrowdStrike has 4.6 percent share in the global cloud security market. has generated $100 million revenue from cloud security business.
The cloud workload security market surged 36 percent year-on-year to $2.2 billion in 2021, according to the IDC market share report.
Trend Micro offers cloud builders visibility into cloud security and operational posture, enables discovery of threats, risks, and misconfigurations in open-source pipelines, and provides security for file and object storage, workloads and virtual machines, Cloud networks and virtual private cloud and Cloud-native applications.
Global organizations spent $2.2 billion in 2021 on cloud security and nearly 18 percent of enterprises partnered with Trend Micro.
“Our automated, all-in-one platform delivers the simplicity and powerful protection they need to secure critical digital transformation initiatives. This commitment to cloud security has kept Trend Micro on top for over a decade,” Kevin Simzer, COO at Trend Micro, said in a news statement.
Trend Micro’s data indicates that the company experienced 53 percent customer growth in the AWS marketplace in 2021, leading to a 134 percent year-on-year revenue increase in the marketplace. Revenues from cloud workload security were greater than the second and third largest players combined, according to the IDC market share report.
The independent market analysis noted Trend Micro’s continued focus on the channel and marketplace-centric selling.
