According to Gartner, global cloud-based security market is expected to grow from $2.1 billion in 2013 to $3.1 billion in 2015.

The cloud-based security market will offer operators encouraging growth opportunities. Ruggero Contu, research director, Gartner, says, ?Encryption-based products will drive the growth for cloud-based security solutions. Encryption products are relatively easy to deploy and provide scope for on-premises encryption management.?

In addition, adoption of software-as-a-service application and other cloud-based services will also drive the adoption of cloud-based security products and solutions amongst organisations.