Global Cloud Access Security Brokers Market Size, Share, Trends and Future Growth Predictions till 2024

Market Research Reports Search Engine (MRRSE) has been acting as an impressive data source when it comes to evaluating various industrial verticals. The research report titled “Cloud Access Security Brokers Market “Offers a clear insight about the Cloud Access Security Brokers assessed over the global platform. This analysis proves beneficial for readers & new investors who are aiming to enter the for Cloud Access Security Brokers market in the near future.

Get Free Sample Report or View Summary of Report Visit @ https://www.mrrse.com/sample/1664

Cloud Access Security Brokers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024,” the cloud access security brokers (CASB) market was worth US$ 3,371.4 Mn in 2015 and is expected to reach US$ 13,218.5 Mn by 2024, expanding at a CAGR of 16.7% from 2016 to 2024. North America was the largest market for cloud access security brokers in 2015. The growth in this region is being driven by the presence of a large number of small and medium-sized businesses (SMBs), start-ups, and large corporate enterprises.

CASB services provide a security platform for cloud silos. A large number of SMBs and large corporates currently rely on cloud computing technologies to store their information and extract it whenever required. Security over the cloud is one of the major concerns facilitating the growth of cloud security solutions. CASB services play a significant role in providing solutions encompassing control & monitoring, risk & compliance management, tokenization, data leakage prevention, and cloud data encryption. These solutions are capable enough to provide complete cloud security, avoiding data leakage and the risk of security breaches at access points and nodes. 

The report provides cross-segment analysis of the CASB market, based on cloud deployment type and components comprising software and services. Segmentation on the basis of deployment type includes SaaS, PaaS, and IaaS. IaaS platforms are expected to emerge as the fastest-growing platforms, owing to their augmented IT delivery capabilities, increased scalability, and flexibility. However, the SaaS platform held the dominant position in terms of CASB cloud deployment type in 2015. 

Software solutions that are particularly used for data leakage prevention and control & monitoring held the largest market shares in 2015. Furthermore, these segments are growing at a significant pace owing to rising threat of security breaches. Frequently changing cloud regulations by governing bodies are making it difficult for cloud storage vendors to ensure compliance. This has enabled cloud storage vendors to outsource the security platform to the CASB providers, empowering the CASB risk & management compliance market to expand at an expected CAGR of 18% from 2016 to 2024. However, cloud data encryption is expected to be the fastest-growing software solution segment, expected to advance at the rate of 20.2% over the forecast period from 2016 to 2024. 

Access Complete Report @ https://www.mrrse.com/cloud-access-security-brokers-market

The research report provides a comprehensive assessment of stakeholder strategies, and the imperatives for success in the CASB market. The report also includes competitive analysis of various market segments based on deployment type, components encompassing software and services of CASB, and in-depth cross-sectional scrutiny across different geographical segments of the cloud security systems market. In order to aid in strategic decision-making, the report includes the winning strategies adopted by key players. The report segregates the CASB market geographically into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. 

For a detailed understanding of the CASB market, all these segments have also been estimated in terms of revenue (US$ Mn) for the geographies mentioned above. The market research study analyzes the CASB market worldwide, and provides historical revenue estimates in terms of US$ Mn for 2014 and 2015, along with the market forecast for the period 2016 to 2024. Market forecasts have been analyzed considering the impact of various economic, political, social, legal, operational, and technological factors influencing market growth. 

The CASB market is segmented as follows: 

Cloud Access Security Brokers Market, by Cloud Deployment Type

Software as a Service (SaaS)
Platform as a Service (PaaS)
Infrastructure as a Service (IaaS) 

Cloud Access Security Brokers Market, by Components

Software
Cloud-based
Control and Monitoring
Risk & Compliance Management
Cloud Data Encryption
Data Leakage Prevention
Tokenization
On-premise
Control and Monitoring
Risk & Compliance Management
Cloud Data Encryption
Data Leakage Prevention
Tokenization
Services
Consulting
System Integration
Operation and Maintenance 

About Market Research Reports Search Engine (MRRSE)

Market Research Reports Search Engine (MRRSE) is an industry-leading database of Market Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.

MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.

Contact Us

State Tower
90, State Street
Suite 700
Albany, NY - 12207
United States Telephone: +1-518-730-0559
Email: sales@mrrse.com
Website: https://www.mrrse.com/
Read More Industry News At: https://www.industrynewsanalysis.com/

This release was published on openPR.