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Frost & Sullivan has released the report on Global Cloud Workload Protection Platforms (CWPP)...

Updated: Aug 24, 2023

Frost & Sullivan has released the report on Global Cloud Workload Protection Platforms (CWPP), with Qihoo 360 Technology Co. Ltd. ranking as the top provider in China.

Recently, Frost & Sullivan released the "Global Cloud Workload Platform Growth Opportunities" report on CWPP (Cloud Workload Protection Platform). The report shows that the global CWPP market size was $3.049 billion in 2022 and is expected to grow at an annual rate of 26.3%, reaching over $9.8 billion by 2027. Currently, 48% of organizations worldwide use CWPP, and 41% plan to use it within the next 24 months. The continuous demand for runtime protection is a significant driver of CWPP's rapid growth.

According to the report, due to strong growth in the Chinese market, the Asia-Pacific region has become the world's second-largest CWPP market, with a market share of 23.2%. Qihoo 360 is the largest Chinese CWPP supplier globally, with a market share of 9.63% in the Asia-Pacific region, ranking first in China.

"Frost & Sullivan believes that Qihoo 360's cloud workload protection platform (CWPP) solution has gained significant popularity in the domestic market in recent years due to its strong influence as a leading network security provider in China. Its CWPP solution has rich capabilities to assist customers in addressing security challenges for workloads and applications in different cloud environments. Qihoo 360 strategically promotes the development of its cloud workload protection platform business in the domestic market by leveraging its strong channel partner ecosystem and leading technical advantages in the CWPP field. Based on revenue figures, Qihoo 360 is ahead of many domestic competitors and has become the largest CWPP supplier in China in 2022, making it the largest Chinese CWPP supplier in the Asia-Pacific region in 2022." - Frost & Sullivan

Pie chart of CWPP market Share in the Asia-Pacific Region

Frost & Sullivan believes that as more companies migrate workloads to the cloud, the usage rate of CWPP will increase significantly. The complexity and number of cloud attacks are also increasing, and the understanding of cloud attack exposure is improving. Therefore, CWPP is expected to maintain high-speed growth in the next three years. Currently, the agent-based deployment model is still mainstream, but the demand for agentless detection is increasing because it is easier to deploy and execute and can better integrate with the CNAPP cloud native security management platform framework.

Qihoo 360's cloud workload security products provide three deployment models: agent-based, agentless, and containerization, which can cover the deployment requirements of different types of workloads. It adopts two monitoring/protection modes and can adapt to customers' usage needs in multiple scenarios. It uses various leading technologies, such as automated detection of assets and risks, malicious code detection, micro-isolation, application permission management, runtime self-protection (RASP), system hardening, and attack tracing, to provide full-lifecycle protection for cloud workloads during development, delivery, deployment, and runtime.

At the same time, Qihoo 360 continues to optimize the comprehensive capabilities of its cloud workload security flagship product, Jiaotu, and has launched some "small but sophisticated" products, such as Jiaotu Lite, which can significantly reduce the resource consumption of customer platforms and provide a more lightweight protection solution.

Relying on Qihoo 360 Group's perfect delivery and security service system, it effectively ensures the rapid deployment and debugging of customer cloud workload security products and rapid response to problems. At the same time, relying on the group's service team's years of practical defense experience, it provides core security services such as asset and risk sorting, threat hunting, and alarm analysis for customers, helping them achieve overall security monitoring of cloud workloads, asset and risk management, and professional analysis of attack events.

In recent years, Qihoo 360 has focused on the CWPP cloud workload security field and has successfully created multiple industry benchmarks in the government, energy, telecommunications, finance, manufacturing, cloud computing, and internet industries. It has become an essential and reliable partner for server compliance construction, security operation, and attack and defense confrontation.


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