CNAPP Market Expected to Reach Nearly $8 Billion by 2029, Outpacing Public Cloud Growth with 22% CAGR

Introduction

The world of cloud security is changing rapidly, with astonishing growth figures emerging from a recent report by Dell'Oro Group. The Cloud-Native Application Protection Platform (CNAPP) market is projected to surge dramatically, expanding from $2.8 billion in 2024 to approximately $7.7 billion by 2029. This represents a staggering compound annual growth rate (CAGR) of 22 percent, considerably outpacing the overall growth of public cloud expenditures.

Growth Drivers

The Increasing Security Needs

According to insights provided by Mauricio Sanchez, Sr. Director of Enterprise Security and Networking at Dell'Oro Group, the demand for robust CNAPP solutions stems from enterprises racing to bridge significant security holes across multi-cloud environments. The realization that cloud security is no longer just an optional feature but a core aspect of the control plane reflects a crucial shift in business spending habits. "Enterprises are voting with their wallets," Sanchez asserts, emphasizing the urgent need for enhanced security measures in cloud computing.

Visibility and Compliance Tools

Adding to the growth momentum is the phenomenal increase in the demand for visibility and compliance tools, which witnessed nearly a 50 percent surge last year. These tools are expected to contribute the most dollar growth in the CNAPP segment through the next few years, underlining the critical nature of visibility in securing cloud-native applications.

Market Insights

Deployment Security Leads the Charge

Among the data highlighted in the report, deployment security was identified as the leading sector, growing by 48 percent in 2024. Forecasts suggest that it will maintain a robust CAGR of 28 percent through 2029, driven largely by the increasing necessity for comprehensive asset inventory and audit-ready configurations. This trend signifies a strong inclination among enterprises to adhere to high-security standards and regulatory requirements.

Shifting Market Leadership

Market dynamics are evolving, with recent quarters witnessing CrowdStrike asserting revenue leadership over Palo Alto Networks during Q4 2024, despite Palo Alto retaining the highest revenue share for the entire year. Companies like Wiz and CrowdStrike have exhibited significant annual growth rates of 95 percent and 70 percent, respectively, pointing to a competitive market landscape. The consolidation trends observed, including Cisco and Check Point opting for partnerships over independent development, indicate a strategic shift towards forming alliances rather than engaging in niche feature competitions.

Future Outlook

Runtime Protection

Runtime protection is also an essential facet of CNAPP solutions, representing a $1.4 billion segment as of 2024. It is anticipated that the ongoing expansion in container and serverless technologies will support an 18 percent CAGR, confirming its pivotal role even as deployment tools gain marketing attention.

Conclusion

The future of cloud-native security is positioned for significant transformation, with the CNAPP market leading the way through explosive growth metrics that indicate robust investment and development trends. Enterprises must adapt to this evolving landscape, ensuring they leverage innovative solutions tailored to address their unique security needs in multi-cloud environments. The landscape is not just about protecting data but rethinking overall cloud security strategy to keep pace with escalating threats.

About Dell'Oro Group

Dell'Oro Group is a renowned market research firm specializing in competitive analysis across the telecommunications, security, enterprise networks, and data center sectors. For further inquiries or purchase of the Cloud Workload Security Advanced Research Report, interested parties can reach out via contact details available on their official site.