Trend Micro: Market Leader in Cloud-Native Application Protection
Written byAInvest Visual
Thursday, Sep 19, 2024 1:11 pm ET1min read
NTAP--
Trend Micro, a global leader in cybersecurity, has once again cemented its position as the market leader in the cloud-native application protection platform (CNAPP) segment. The company has retained its #1 ranking in the worldwide CNAPP market share, as per the latest report by IDC (International Data Corporation).
The global CNAPP market witnessed a significant growth of 31.5% in 2023, reaching a total valuation of $3.5 billion. Trend Micro recorded a remarkable revenue of $457.9 million in the same year, marking an impressive 11.3% year-over-year increase. This outstanding performance is a testament to Trend Micro's commitment to innovation and its ability to address the evolving security needs of organizations.
Trend Micro's market leadership is driven by its unmatched attack surface management capabilities, delivered through its Trend Vision One™ platform. The platform offers enhanced cloud risk management, agentless detection, and real-time monitoring, providing organizations with a comprehensive solution to protect their cloud-native applications. The platform's ability to continuously assess the cloud attack surface, alert teams to security and compliance gaps, and auto-remediate where possible, sets it apart in the competitive CNAPP market.
Trend Micro's ability to stay ahead of market demands and address the growing focus on identity-based security has positioned it as a trusted partner for organizations seeking to secure their cloud-native applications. With its comprehensive security solutions and commitment to innovation, Trend Micro continues to set the standard for cloud-native application protection.
The global CNAPP market witnessed a significant growth of 31.5% in 2023, reaching a total valuation of $3.5 billion. Trend Micro recorded a remarkable revenue of $457.9 million in the same year, marking an impressive 11.3% year-over-year increase. This outstanding performance is a testament to Trend Micro's commitment to innovation and its ability to address the evolving security needs of organizations.
Trend Micro's market leadership is driven by its unmatched attack surface management capabilities, delivered through its Trend Vision One™ platform. The platform offers enhanced cloud risk management, agentless detection, and real-time monitoring, providing organizations with a comprehensive solution to protect their cloud-native applications. The platform's ability to continuously assess the cloud attack surface, alert teams to security and compliance gaps, and auto-remediate where possible, sets it apart in the competitive CNAPP market.
Trend Micro's ability to stay ahead of market demands and address the growing focus on identity-based security has positioned it as a trusted partner for organizations seeking to secure their cloud-native applications. With its comprehensive security solutions and commitment to innovation, Trend Micro continues to set the standard for cloud-native application protection.
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