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Cloud Security Market Will Surpass USD 147.45 Billion by 2031; Rise of Cloud Computing to Aid Growth| SkyQuest Technology

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WESTFORD, Mass., July 5, 2024 /PRNewswire/ — According to SkyQuest, the global Cloud Security Market size was valued at USD 33.5 billion in 2022 and is poised to grow from USD 39.5 billion in 2023 to USD 147.45 billion by 2031, growing at a CAGR of 17.9% in the forecast period (2024-2031).

Increase in complexity of cyberattacks and data breaches has bolstered the demand for novel cloud security solutions around the world. The rising use of cloud technologies and platforms on a global level is also boosting the cloud security market growth. The high use of cloud computing and edge computing services by multiple organizations also creates a high demand for better cloud security infrastructure. The global cloud security market is segmented into type, service model, offering, end user, and region.

Download a detailed overview:
https://www.skyquestt.com/sample-request/cloud-security-market

Cloud Security Market Overview:

Report Coverage

Details

Market Revenue in 2023

USD 39.5 billion

Estimated Value by 2031

USD 147.45 billion

Growth Rate

Poised to grow at a CAGR of 17.9%

Forecast Period

2024–2031

Forecast Units

Value (USD Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

Type, Service Model, End-User and Offering

Geographies Covered

North America, Europe, Asia Pacific, Middle East & Africa, Latin America

Report Highlights

Updated financial information / product portfolio of players

Key Market Opportunities

Digital Transformation Fortifying Cloud Security with AI and ML

Key Market Drivers

Rising demand for Cloud Computing and Cybersecurity through Advanced Data Solutions

Segments covered in Cloud Security Market are as follows:

TypeLegal Issues, Compliance, Governance, Virtualization, Data Security, Interface, Network SecurityService ModelSaaS (Software as a Service), IaaS (Infrastructure as a Service), PaaS (Platform as a Service)End-UserAerospace & Defence, Government, BFSI, Healthcare, IT, Telecommunication, Manufacturing, Retail, Energy & Utilities, Media & Entertainment, OthersOfferingSolutions, Services

Request Free Customization of this report:
https://www.skyquestt.com/speak-with-analyst/cloud-security-market

Compliance to Remain a Key Cloud Security Concern for All Companies through 2031

Compliance has always been a key part of any security solution and the same is also true for cloud security as well. Regulatory bodies and governments have been implementing stricter laws and mandates to ensure the safety of data on cloud platforms. Ensuring compliance with these norms is essential for any cloud service provider, which is why a security solution that understands and manages compliance is always in demand. Ensuring cross-border compliance could help cloud security companies get more bang for their buck in the future. 

Legal issues and data privacy concerns are also estimated to drive up the demand for novel cloud security solutions. Complex legal and regulatory frameworks are also contributing to the high adoption of cloud security with legal security features as well. Data and network security are also important aspects that cloud security providers need to emphasize going forward.

Cloud security Solutions to Remain Essential Securing a Cloud Environment

Cloud security solutions powered by artificial intelligence and other advanced technologies are being developed around the world. Deployment of different solutions for enterprise and individual cloud applications will also create new opportunities for cloud security market players over the coming years. Data loss prevention and disaster recovery are some key features of cloud security solutions that most companies are trying to improve. Meanwhile, the rapid adoption of cloud security is also creating a high demand for cloud security services as well. Cloud security providers are continually focusing on improving their services by offering round-the-clock support and predictive threat management services.

View report summary and Table of Contents (TOC):
https://www.skyquestt.com/report/cloud-security-market

High Use of Cloud Platforms and Technologies in the IT Industry Creates an Opportune Setting for Cloud Security Vendors

The information technology (IT) industry has always led the adoption of novel technologies and the cloud is one of them. The rising use of cloud platforms and migration of traditional technologies in cloud environments are boosting the demand for cloud security in the IT industry. The BFSI industry will also offer new moneymaking scope for cloud security providers as it moves towards digitization and the incidence of digital frauds increases. Telecommunication end users are also expected to bolster the demand for novel cloud security solutions as they utilize cloud technology to become digital service providers. Adoption of automation and smart manufacturing practices in the manufacturing space will also promote the use of cloud platform, which in turn, is expected to boost cloud security demand as well.

Cloud security companies have a lot of potential to expand their business in many industry verticals. New companies can focus on providing services to build a strong market presence and then move on to making cloud security solutions to compete with the leading market players.

Related Report:

Cyber Security Market

Network Security Market

Endpoint Security Market

Managed Security Services Market

Application Security Market

About Us:

SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.

We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization has expanded our reach across North America, Europe, ASEAN and Asia Pacific.

Contact:
Mr. Jagraj Singh
Skyquest Technology
1 Apache Way,
Westford,
Massachusetts 01886
USA (+1) 351-333-4748
Email: sales@skyquestt.com
Visit Our Website: https://www.skyquestt.com/

Logo: https://mma.prnewswire.com/media/2446095/SkyQuest_Logo.jpg

 

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SHINE Announces Two Strategic Appointments to Advance Fusion Technology and Market Expansion

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Healthcare technology leader Dr. Gregory Sorensen joins Board of Directors; Defense expert Col. (Ret.) Gregory Van Dyk joins as Strategic Advisor

JANESVILLE, Wis., May 21, 2025 /PRNewswire/ — SHINE Technologies, LLC, a next-generation fusion technology company with commercialized platforms in industrial testing and medical isotopes, today announced the appointments of Dr. Gregory Sorensen, co-founder of DeepHealth and Chief Science Officer of RadNet, and Col. (Ret.) Gregory K. Van Dyk, U.S. Air Force, as strategic advisor to its Board of Directors.

These appointments bring deep expertise in healthcare technology and national security to SHINE as the company expands the reach of its fusion applications across commercial and defense markets.

“Fusion technology provides real-world solutions to big infrastructure problems in highly specialized markets,” said Greg Piefer, founder and CEO of SHINE. “These appointments expand our ability to understand and access these markets quickly. Dr. Sorensen is a strong addition to our already distinguished board, having rare depth in the healthcare space that spans founding, growing, and selling startups through executive operations at multinational conglomerates. Col. Van Dyk brings a career of leadership and widespread connectivity in the radiation effects testing arena, with a specific focus on the effects of DT fusion neutrons.”

Dr. Sorensen: Guiding Commercial Strategy and Innovation

Dr. Sorensen brings decades of experience at the intersection of healthcare, imaging, and technology. As co-founder of DeepHealth (now RadNet’s AI division) and former President and CEO of Siemens Healthcare North America, he has led the development and commercialization of transformative medical technologies.

He will advise SHINE on strategic growth initiatives, partnerships, and the expansion of its fusion-enabled medical isotope business.

“SHINE represents the promise of fusion – not as a science experiment, but as a real-world solution,” said Dr. Sorensen. “I’m excited and honored to help guide the company’s growth into new healthcare and commercial markets.”

Col. (Ret.) Van Dyk: Advancing National Security through Fusion

Col. (Ret.) Van Dyk, Ph.D. joins SHINE following a distinguished 22-year career in the U.S. Air Force, where he specialized in nuclear engineering, fusion technology, and strategic deterrence. He previously led the Department of Defense’s Fusion for National Security initiative and managed a $207 million annual R&D portfolio at the National Nuclear Security Administration along with leading two multi-billion-dollar programs in the Department of Defense.

His appointment comes at a critical time as SHINE expands FLARE (Fusion Linear Accelerator for Radiation Effects), a high-energy neutron testing service that enables defense contractors to evaluate the resilience of microelectronics and mission-critical systems in extreme radiation environments.

“SHINE’s fusion platform is practical, innovative, and timely,” said Van Dyk. “FLARE offers a new capability for understanding how our most important defense technologies perform under the toughest conditions.”

About SHINE 

Headquartered in Janesville, Wisconsin, SHINE is an industry leader in next-generation fusion, developing innovative fusion-based technology that combines safety, cost-efficiency and environmental responsibility. 

SHINE has successfully commercialized fusion across multiple applications, including neutron testing markets such as neutron radiography, radiation-effects testing and fusion material research. It has commercialized and is scaling its proprietary medical isotope production, processes, supplying high-quality radioisotopes essential for procedures including diagnosing heart disease and cancer as well as cancer therapy.  

Beyond these applications, SHINE is pioneering nuclear waste recycling to make nuclear energy more sustainable. Its long-term purpose is to change the way humans make energy by commercializing fusion energy. Unlike other fusion companies, SHINE takes a commercially driven path mirroring successful deep-tech industries. Through this visionary approach, SHINE is advancing technology, healthcare, and sustainable energy, making a lasting impact across multiple sectors. 

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SOURCE SHINE Technologies, LLC

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HitPaw FotorPea V4.6.0 Now Available – Major Upgrades in AI Enhancement and Image Generation

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NEW YORK, May 21, 2025 /PRNewswire/ — HitPaw has officially released HitPaw FotorPea V4.6.0, bringing significant advancements in AI-powered image enhancement and generation. This latest version introduces a new denoise model, a revamped AI painting engine powered by Flux AI Generator, and smarter photo quality analysis — all designed to deliver professional-grade results for photography enthusiasts and creative professionals alike.

What’s New in HitPaw FotorPea V4.6.0

1. New Advanced Denoise Model

Tailored for advanced users, the newly added denoise model is capable of handling complex noise scenarios such as portrait photography and high-ISO images. It effectively removes visual noise while preserving original image details, making it ideal for photographers, retouchers, and creatives who require high-fidelity results in challenging lighting conditions or legacy photo restoration.

2. Revamped AI Painting with Flux AI Generator

The AI painting module has been completely reengineered, now integrated with AI-assistive prompt suggestions and powered by the Flux AI image generator. This empowers digital artists, designers, and hobbyists to create artwork from text prompts with greater precision, style diversity, and creative control — whether for concept art, storyboarding, or social media content creation.

3. Enhanced Photo Enhancer Capabilities

The Photo Enhancer now includes:

AI-powered noise detection: Automatically identifies noise levels and recommends the optimal denoise model, saving users time and improving editing accuracy — especially helpful for casual users unfamiliar with technical noise reduction techniques.True resolution analysis: Detects the image’s native resolution to improve upscaling results, making it perfect for users working with downloaded images, scanned photos, or old digital files that need clarity restoration.

These enhancements significantly boost the clarity and quality of post-processed images.

More AI-Powered Features in HitPaw FotorPea

Smarter AI Image Generation with DeepSeek AI: Create sharper, more realistic images from text prompts with enhanced detail, lighting, and artistic control.

AI Enhancer: Upgrade image clarity, color, and detail with intelligent adjustments.

AI Background Remover: Remove and replace backgrounds in one click.

AI Object Remover: Eliminate distractions and refine image composition.

AI Photo Editing: Smart tools for adjusting contrast, color, tone, and effects.

COMPATIBILITY AND PRICING

HitPaw FotorPea is compatible with Windows 11/10/8/7 (64-bit) and macOS 10.15 and above. Pricing starts at $21.99 USD for a monthly subscription.

For more information, visit: Purchase HitPaw FotorPea for Windows

ABOUT HITPAW

HitPaw is a trusted multimedia software brand dedicated to empowering users with innovative solutions for photo, video, and audio editing. With cutting-edge AI technology and user-friendly design, HitPaw makes creativity accessible to everyone.

Learn more at: About HitPaw – All Things About HitPaw

CONNECT WITH US

YouTube: https://www.youtube.com/@hitpawFacebook: https://www.facebook.com/hitpawofficialX (Twitter): https://x.com/HitPawofficialInstagram: https://www.instagram.com/hitpawofficial/Pinterest: https://www.pinterest.com/HitPawofficialwebsite

This release was issued through Send2Press® on behalf of the news source. For more information, visit Send2Press Newswire at https://www.send2press.com/.

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SOURCE HitPaw. Co., Ltd

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The Atlanta Journal-Constitution debuts new membership tier for UATL

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ATLANTA, May 21, 2025 /PRNewswire/ — The Atlanta Journal-Constitution (AJC) today announced the next chapter of its Black culture product, UATL, with a new paid tier that will offer members expanded access to events, content and discounts designed to build community and connection.

Launched in September 2024, UATL has built a community membership program and an engaged social media following through distinct journalism, unique perks and exclusive events.

Today, UATL introduced a new “supporting member” program for those who want to connect more deeply with all things Black culture. For $5 a month, supporting members get unlimited access to all articles on UATL.com, early invites to UATL events, the ability to bring a guest to select events and access to exclusive discounts at Scotty ATL, Just Loafn, Seed Atlanta, Trap Museum, Breakfast Boys and more. This adds to UATL’s existing free member benefits: a weekly newsletter, three monthly articles, and select event invitations.

UATL is a key part of the AJC’s plan to transform from a storied daily newspaper into a modern media company. AJC Editor-In-Chief Leroy Chapman Jr. said it’s been exciting to see how Atlanta has welcomed UATL into the fold.

“For the last several months, we have consistently heard from members asking: How can we help this community grow?” he said. “This is a natural next step that will help us deepen our connection to the community and expand our contribution to this culture, which continues to shape the world.”   

Starting today, supporting members can sign up to receive:

Unlimited access to every article on UATL.com. Enjoy all UATL has to offer from 404ward a signature series that recognizes the people and brands moving Atlanta forward to thought-leading content like “Atlanta: America’s Black Mecca?” a new series exploring the reasons and justifications behind the city’s moniker.Early invites to UATL events. Member events are designed to connect you with the culture, including movie nights, suite parties and happy hour connections. They sell out, so getting early access (and a plus-one) is key.Perks and discounts that help support local and Black-owned businesses.Ticket giveaways to Atlanta’s top sporting events.One bonus account with a separate login to share.

Membership Rates

Supporting Membership is $5 a month or $49 a yearSpecial Founding Member Offer is $39 a year for a limited time.Get the combined UATL+AJC subscription for $11.99 a month.Visit UATL.com to explore available plans

About The Atlanta Journal-Constitution 

The Atlanta Journal-Constitution is the most essential and engaging source of information for metro Atlanta. With approximately 6 million monthly unique visitors to our digital products and platforms and a growing digital subscriber base, the AJC serves one of the most dynamic, diverse and influential cities in America. The Atlanta Journal-Constitution is a subsidiary of Atlanta-based Cox Enterprises Inc. For more information, visit http://www.ajc.com

Media Contact
Shumuriel Ratliff
The Atlanta Journal-Constitution
Shumuriel.Ratliff@coxinc.com

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SOURCE The Atlanta Journal-Constitution

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