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Cloud Access Security Brokers Market Business Strategies, Emerging Demands, Growth Rate, Recent Trends, Opportunity, and Forecast to 2031 | Netskope, Protegrity, Skyhig Networks, Bitglass, Inc., CipherCloud

09-29-2023 01:10 PM CET | IT, New Media & Software

Press release from: Global Insight Services

Cloud Access Security Brokers Market

Cloud Access Security Brokers Market

New York, A Cloud Access Security Broker (CASB) is a software that sits between an organization and a cloud service provider, providing visibility, control and protection for data in the cloud. A CASB can help an organization to control how users access and use cloud services, and can also help to protect data in the cloud from threats such as malware and data leaks.

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Key Trends

There are several key trends in Cloud Access Security Brokers technology. One is the increasing use of cloud-based applications and services. This has led to a need for CASBs that can provide security for these cloud-based services.

Another trend is the increasing use of mobile devices to access cloud-based services. This has led to a need for CASBs that can provide security for mobile devices.

Finally, there is an increasing trend towards the use of cloud-based storage. This has led to a need for CASBs that can provide security for cloud-based storage.

Key Drivers

The major drivers of the cloud access security brokers market include the need to secure cloud applications and data, stringent government regulations, and the increasing number of cyber-attacks.

The need to secure cloud applications and data is one of the major drivers for the cloud access security brokers market. Enterprises are increasingly adopting cloud-based applications and services to improve their business agility and efficiency. However, these applications and services are often hosted on third-party servers, which makes them susceptible to cyber-attacks.

The stringent government regulations are another major driver for the cloud access security brokers market. Government organizations across the globe are implementing various regulations to protect the sensitive data of their citizens. For instance, the General Data Protection Regulation (GDPR) in the European Union (EU) and the Health Insurance Portability and Accountability Act (HIPAA) in the US are some of the major regulations that have been implemented to protect the personal data of individuals.

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Market Segmentation

The Cloud Access Security Brokers Market is segmented into component, service model, vertical, and region. By component, the market is divided into solutions and services. By service model, the market is classified into platform as a service, software as a service, and infrastructure as a service. By vertical, the market is bifurcated into BFSI, healthcare, education, retail, and others. By region, the market is classified into North America, Europe, Asia-Pacific, and rest of the world.

Key Players

The key players in the Cloud Access Security Brokers Market are Netskope, Protegrity, Skyhig Networks, Bitglass, Inc., CipherCloud, Palo Alto Networks, Inc., Cloudlock, Cloudmask, Bitglass, and Imperva Inc.

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Reasons to buy Cloud Access Security Brokers Market Report:

• Develop comprehensive understanding of market landscape - industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market

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About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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