Modern cloud-native security requires a paradigm shift to a shift-left model to protect applications by moving security closer to identified dynamic workloads and applications based on attributes and metadata, such as labels and tags. It requires early security integration and throughout the ADLC (instead of injecting security into later life cycle phases), and security management for the cloud where application deployment and execution occur, driving the need for cloud-native application protection platforms (CNAPPs).
CNAPPs converge multiple security capabilities in cloud security stacks, including cloud infrastructure security, workload protection, and AppSec, into a single, unified platform strongly integrating with DevOps workflows to secure and protect cloud-native applications throughout the ADLC from code to cloud and enable companies to meet industry standards and compliances.
CNAPPs are primarily delivered via SaaS offerings, but some vendors can provide options to deploy the solution in an air-gapped/on-premises environment under the self-hosted option to cater to the requirements for data sovereignty and privacy in highly regulated industries, such as government, healthcare and banking/finance.
CNAPP vendors with an estimated annual revenue of at least $20 million in calendar year 2024 have been included in this Frost Radar™ analysis. Frost & Sullivan analyzes numerous companies in an industry. Those selected for further analysis based on their leadership or other distinctions are benchmarked across 10 Growth and Innovation criteria to reveal their position on the Frost Radar™. The publication presents competitive profiles of each company on the Frost Radar™ considering their strengths and the opportunities that best fit those strengths.
Lead Analyst: Anh Tien Vu
List of Abbreviations
Strategic Imperative
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Growth Environment
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Frost Radar™: Cloud-Native Application Protection Platforms, 2024
Frost Radar™ Competitive Environment
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AlgoSec
AlgoSec (continued)
AlgoSec (continued)
Aqua Security
Aqua Security (continued)
Aqua Security (continued)
Check Point
Check Point (continued)
Check Point (continued)
CrowdStrike
CrowdStrike (continued)
CrowdStrike (continued)
Lacework (Fortinet)
Lacework (Fortinet) (continued)
Lacework (Fortinet) (continued)
Microsoft
Microsoft (continued)
Microsoft (continued)
NSFOCUS
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NSFOCUS (continued)
Orca Security
Orca Security (continued)
Orca Security (continued)
Palo Alto Networks
Palo Alto Networks (continued)
Palo Alto Networks (continued)
Qualys
Qualys (continued)
Qualys (continued)
SentinelOne
SentinelOne (continued)
SentinelOne (continued)
Sysdig
Sysdig (continued)
Sysdig (continued)
Tenable
Tenable (continued)
Tenable (continued)
Uptycs
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Wiz
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Best Practices
Growth Opportunities
Frost Radar™: Benchmarking Future Growth Potential 2 Major Indices, 10 Analytical Ingredients, 1 Platform
Frost Radar™: Benchmarking Future Growth Potential 2 Major Indices, 10 Analytical Ingredients, 1 Platform (continued)
Significance of Being on the Frost Radar™
Frost Radar™ Empowers the CEO’s Growth Team
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Next Steps
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Frost Radar™: Benchmarking Future Growth Potential 2 Major Indices, 10 Analytical Ingredients, 1 Platform
Growth Index
Growth Index (GI) is a measure of a company’s growth performance and track record, along with its ability to develop and execute a fully aligned growth strategy and vision; a robust growth pipeline system; and effective market, competitor, and end-user focused sales and marketing strategies.
- Market Share (previous 3 years)
This is a comparison of a company’s market share relative to its competitors in a given market space for the previous 3 years. - Revenue Growth (previous 3 years)
This is a look at a company’s revenue growth rate for the previous 3 years in the market/industry/category that forms the context for the given Frost Radar™. - Growth Pipeline
This is an evaluation of the strength and leverage of a company’s growth pipeline system to continuously capture, analyze, and prioritize its universe of growth opportunities. - Vision and Strategy
This is an assessment of how well a company’s growth strategy is aligned with its vision. Are the investments that a company is making in new products and markets consistent with the stated vision? - Sales and Marketing
This is a measure of the effectiveness of a company’s sales and marketing efforts in helping it drive demand and achieve its growth objectives.
Innovation Index
Innovation Index (II) is a measure of a company’s ability to develop products/ services/ solutions (with a clear understanding of disruptive Mega Trends) that are globally applicable, are able to evolve and expand to serve multiple markets and are aligned to customers’ changing needs.
- INNOVATION SCALABILITY
This determines whether an organization’s innovations are globally scalable and applicable in both developing and mature markets, and also in adjacent and non-adjacent industry verticals. - RESEARCH AND DEVELOPMENT
This is a measure of the efficacy of a company’s R&D strategy, as determined by the size of its R&D investment and how it feeds the innovation pipeline. - PRODUCT PORTFOLIO
This is a measure of a company’s product portfolio, focusing on the relative contribution of new products to its annual revenue. - MEGATRENDS LEVERAGE
This is an assessment of a company’s proactive leverage of evolving, long-term opportunities and new business models, as the foundation of its innovation pipeline. - CUSTOMER ALIGNMENT
This evaluates the applicability of a company’s products/services/solutions to current and potential customers, as well as how its innovation strategy is influenced by evolving customer needs.
Significance of Being on the Frost Radar™
Companies plotted on the Frost RadarTM are the leaders in the industry for growth, innovation, or both. They are instrumental in advancing the industry into the future.
- GROWTH POTENTIAL
Your organization has significant future growth potential, which makes it a Company to Action. - BEST PRACTICES
Your organization is well positioned to shape Growth Pipeline™ best practices in your industry. - COMPETITIVE INTENSITY
Your organization is one of the key drivers of competitive intensity in the growth environment. - CUSTOMER VALUE
Your organization has demonstrated the ability to significantly enhance its customer value proposition. - PARTNER POTENTIAL
Your organization is top of mind for customers, investors, value chain partners, and future talent as a significant value provider.
Speak directly with our analytics experts for tailored recommendations.
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A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.
| Deliverable Type | Frost Radar |
|---|---|
| Author | Anh Tien Vu |
| Industries | Aerospace, Defence and Security |
| No Index | No |
| Is Prebook | No |
| Keyword 1 | Cloud-native security |
| Keyword 2 | application protection |
| Keyword 3 | cloud security platforms |
| Podcast | No |
| Predecessor | PF46-01-00-00-00 |
| WIP Number | PFPX-01-00-00-00 |
Frost Radar™: Cloud-Native Application Protection Platforms, 2024
A Benchmarking System to Spark Companies to Action - Innovation That Fuels New Deal Flow and Growth Pipelines
05-Dec-2024
Global
Frost Radar
