A cloud access security broker (CASB) is a software tool or service that sits between an organization's on-premises infrastructure and a cloud provider's infrastructure. A CASB acts as a gatekeeper, allowing the organization to extend the reach of their security policies beyond their own infrastructure.
Complete business functionality can be accessed through SaaS at lower operating costs. This has supported the deployment of SaaS-delivered services significantly across SMBs. The rising adoption of the cloud has raised security concerns, leading to a positive influence on the growth of the global CASB market. Governing bodies continually revamp regulations, making it difficult for cloud storage vendors to manage cloud security platforms. Thus, the outsourcing of security solutions has become the foremost trend and is further driving the CASB market. However, a lack of awareness about security pertaining to the use of cloud technologies serves as a constraint for the CASB market.
North America recorded the greatest implementation of CASB services since their inception, and the region is expected to dominate the CASB market at the share of 41.20% in 2017. This high growth rate is anticipated due to the expansion of cloud-enabled services across the U.S. Moreover, rising awareness in cloud security has further strengthened the market for CASB services in North America.
According to this study, over the next five years the Cloud Access Security Brokers market will register a 22.0% CAGR in terms of revenue, the global market size will reach US$ 15900 million by 2024, from US$ 5880 million in 2019. In particular, this report presents the global revenue market share of key companies in Cloud Access Security Brokers business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of Cloud Access Security Brokers market by product type, application, key companies and key regions.
This study considers the Cloud Access Security Brokers value generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
SaaS
IaaS
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
BFSI
Government
Healthcare and Life Sciences
Manufacturing
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Palo Alto Networks
IBM Managed Cloud Services
Forcepoint
Imperva, Inc.
Symantec Corporation
Oracle
Microsoft Cloud App Security
Cisco Cloudlock
Fortinet, Inc
Skyhigh Networks
Bitglass
Managed Methods
Ciphercloud
Netskope
Protegrity
Centrify Identity Service
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Cloud Access Security Brokers market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Cloud Access Security Brokers market by identifying its various subsegments.
Focuses on the key global Cloud Access Security Brokers players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Cloud Access Security Brokers with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Cloud Access Security Brokers submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Cloud Access Security Brokers . Industry analysis & Market Report on Cloud Access Security Brokers is a syndicated market report, published as Global Cloud Access Security Brokers Market Growth (Status and Outlook) 2019-2024. It is complete Research Study and Industry Analysis of Cloud Access Security Brokers market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.