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Cloud Access Security Broker (CASB) Market Report Includes Dynamics, Products, and Application 2017 - 2032
Cloud Access Security Broker (CASB) Market size was valued at USD 6.1 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 17.6% from 2022 to 2030.An on-premises or cloud-based programme known as a cloud access security broker (CASB) sits in between a cloud service consumer and a cloud service provider. When data stored in the cloud is accessible, it acts as a tool for enforcing an organization's security standards through risk identification and legal compliance.
During the COVID-19 pandemic, the need for work-from-home and remote working policies increased, which fueled the demand for cloud and security solutions and fueled the expansion of the cloud access security broker sector. The cloud access security broker market prediction, however, could be adversely affected by greater installation costs and maintenance issues with cloud access security broker platforms.
Market Overview
The growing usage of cloud access security brokers as a result of organisations' worries about the security of cloud-based applications is the main factor driving the global market for cloud access security brokers. As more businesses use cloud technology, they are in need of efficient network security, data security, and threat management solutions that are simple to maintain, can identify threats, can be modified, and can provide security for any physically oriented elements like hardware.
Additionally, real-time monitoring and data consumption at any moment are both promoting market expansion. Governmental agencies frequently update laws, making it challenging for cloud storage providers to control cloud security infrastructure. As a result, the market for cloud access security brokers is being further driven by the trend of outsourcing security solutions. The Global Cloud Access Security Brokers Market is expected to develop significantly, but some constraints may limit that expansion.
One of these factors is a lack of knowledge about the most cutting-edge cloud access security solutions. Due to the fact that this strategy is still in its early stages, several firms are unaware of its benefits and use. Cloud access security broker solutions are used by a small number of companies for threat management, compliance management, and data visibility. Furthermore, there aren't many companies offering cloud access security brokering services, which makes them expensive.
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Global Cloud Access Security Broker (CASB) Market: Major Players
• Zscaler
• Palo Alto Networks
• Avanan
• NortonLifeLock
• Proofpoint
• IBM
• Subtotal
• Cloudlock
• Forcepoint
• Perimeter 81
• CyberArk
• Better Cloud
• McAfee
• Cipher Cloud
• Censor Net
• Oracle
• Skyhigh Networks
• Netskope
• Bitglass
• Microsoft
• Cisco
• Iboss
• Trend Micro
Global Cloud Access Security Broker (CASB) Market: By Types
• SaaS
• PaaS
• IaaS
• Other
Global Cloud Access Security Broker (CASB) Market: By Applications
• BFSI
• Industrial
• Retail
• Education
• Healthcare
• Service Providers
• Other
Global Cloud Access Security Broker (CASB) Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Cloud Access Security Broker (CASB) market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Frequently Asked Questions About This Report
• How big is the cloud access security broker market?
• What is the cloud access security broker market growth?
• Which segment accounted for the largest cloud access security broker market share?
• Who are the key players in cloud access security broker market?
• What are the factors driving the cloud access security broker market?
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