9.1.2.2Vertical

Cloud Native Security Platforms

Security platforms designed for containerized and cloud-native workloads.

Market snapshot

These figures describe Cloud Security (9.1.2), the segment that Cloud Native Security Platforms sits within — not Cloud Native Security Platforms on its own.

FragmentationConsolidatingEstimate

Cloud security is a fast-growing cybersecurity sub-category within software publishing (NAICS 513210) and is not separately disclosed by the Census Bureau, so the segment is not separately sized here.

Business model & economics

Revenue model

Cloud-security platform SaaS subscriptions

Key economics

Recurring revenue
High

recurring cloud-security subscriptions

EBITDA margin
Strong

scaled SaaS economics

Capex intensity
Low

Characteristics

  • CSPM/CWPP converging into CNAPP platforms.
  • Led by Wiz (Google ~$32B), Prisma Cloud, Orca.
  • Among the hottest, most-invested security segments.

M&A deal context

Deal activityHigh

Who’s acquiring

  • Hyperscalers & security platforms
  • Security majors
  • VC- and PE-backed vendors

What’s driving deals

  • Cloud migration and multi-cloud complexity.
  • CNAPP platform consolidation.
  • Mega-deal M&A (Wiz).

Find Cloud Native Security Platforms acquisition targets

Search Acquisera’s index for companies classified under Cloud Native Security Platforms (9.1.2.2) and build a targeted deal pipeline.

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