Cloud Access Security Brokers Market: Global Industry Analysis and Forecast (2021-2027) Trends, Statistics, Dynamics, Segmentation by Solution, Service, Service Model, Organization size, Vertical, and Region.

Cloud Access Security Brokers Market was valued at US$ 7.66 Bn. in 2020. Global Cloud Access Security Brokers Market size is estimated to grow at a CAGR of 18.11 %.

Cloud Access Security Brokers Market Overview:

The cloud access security broker (CASB) market as services and products that address security gaps in the company’s use of cloud services. The cloud access security broker (CASB) technology is the result of the need to secure cloud services which are being approved at a significantly increased rate and access to them from users both outside and within the traditional enterprise edge, plus increasing direct cloud-to-cloud access. They deliver distinguished, cloud-specific capabilities usually not available as features in other security controls like secure web gateways (SWGs), web application firewalls (WAFs), and enterprise firewalls. Cloud Access Security Brokers Market To know about the Research Methodology :- Request Free Sample Report Cloud access security brokers provide a central location for governance and policy concurrently across various cloud services for both devices and users and granular visibility into and control over sensitive data and user activities. The CASBs are the solutions that are on-premises and cloud-based solutions used to combine and implement enterprise security policies such for example authentication, single sign-on service, encryption, credential mapping, malware detection, tokenization, device profiling, and others. 2020 is considered as a base year to forecast the market from 2021 to 2027. 2020’s market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years' trends are considered while forecasting the market through 2027. 2020 is a year of exception and analyzed especially with the impact of lockdown by region. Cloud Access Security Brokers Market dynamics and Trends: • The need for CASB services is proliferating as cloud-based application use has increased between SMBs. Real-time monitoring capabilities, controlled data loss, increased acceptance of cloud-based applications and increased regulatory enforcement are the major drivers responsible for the growth of the global market for cloud access security brokers. • The cloud technologies budding adoption has increased security concerns, contributing to a positive influence on CASB market growth globally. Governing bodies constantly restoring legislation makes the management of cloud protection services challenging for cloud storage retailers. Outsourcing security solutions has thus become the trend of the cloud access security broker market even further. Software as a Service segment accounted for over 41% of the overall market share in 2020. Based on the Service Model, the cloud access security brokers market is segmented into Infrastructure as a Service, Platform as a Service and Software as a Service. Among these, Software as a Service (SaaS) segment was valued at US$ XX Bn. in 2020 and is expected to reach US$ XX bn. by 2027 at a CAGR of 19% over the forecast period. The SaaS is a software distribution model in which a third-party provider hosts the application and makes them available to clients over the Internet. Nevertheless, the SaaS applications might comprise malicious activities that may cause substantial data loss. The cloud access security brokers solutions help in minimizing the loss of data over control and regular monitoring of the cloud services and cloud-based applications. Cloud Access Security Brokers Market Data Security Segment is expected to grow at the highest CAGR of 20.14% during 2021-2027. By solution, the data security segment is expected to account for XX% of the total market share in 2020 and is expected to grow at the highest CAGR of 20.14% during the forecast period. This growth is attributed to the development of complex applications and growing workloads. Presently, organizations need to follow regulatory compliance to monitor and control their data irrespective of the location. The data security solution segment is the core segment that avoids any kind of data leakage while affecting from one place to another. The professional service segment held the largest market share, accounting for nearly 58.7% in 2020. In terms of service segment, the global CASBs market is segmented into professional service and support, training, and maintenance. In 2020, professional service dominated the global market and is expected to maintain its dominance during the forecast period. The professional service providers give data security policies to the customers to protect their sensitive information and critical business data hence professional service segment holds the highest market share in the CASBs market globally. Top 10 CASB solutions in 2020: Any cloud-based organization needs a robust CASB (cloud access security broker) solution to ensure application and data integrity and security. Following are the top 10 cloud access security broker solutions:  McAfee  Microsoft  Palo Alto Networks  Proofpoint  Broadcom  Censornet  Forcepoint  Iboss  Lookout  Netskope McAfee: McAfee’s MVISION Cloud entitlements the ‘largest and most accurate registry of cloud services,’ Artificial Intelligence (AI) and machine learning (ML) functionality, encryption, DLP, and more. Office 365 is a particular strength. Microsoft: Microsoft Defender for Cloud Apps addresses discovery, DLP, compliance, access and other security functions across email, SaaS apps, social media, and more. Office 365 is, of course, a mainly strong use case. Palo Alto Networks: Palo Alto Networks has taken its considerable security know-how to bear on the market for CASB and SaaS protection with a present that includes SaaS monitoring, DLP, compliance, and threat protection, plus strong integration with Palo Alto firewalls and access solutions. Proofpoint: Enterprise cyber-security company Proofpoint’s CASB is a user and DLP focused solution for revealing shadow IT activity and handling the use of third-party Software as a Service (SaaS) applications.

Cloud Access Security Brokers Market Reginal Insight:

North America is an Emerging Market: North America is expected to hold the largest XX% growth rate during 2020-2026 thanks to innovations through R&D and technology and growing demand for business flexibility and agility. The CASB market is expected to experience huge growth in APAC owing to improved technology, scalability, cost efficiency, and improved productivity. The U.S. CASB Market is Projected at US$ XX.7 Billion by 2027, While China is Forecast to Grow at 19.7% CAGR: Cloud Access Security Brokers Market The CASB market in the U.S. is projected at US$XX.7 Billion by 2027. China, the world's second-largest economy, is estimated to reach an expected market size of US$XX.9 Billion by the year 2027 trailing a CAGR of 19.7% during 2021-2027. Among the other important geographic markets are Canada and Japan, each forecast to grow at 17.2% and 17.1% respectively over the 2021-2027 period. Within Europe, Germany is estimated to grow at approximately 18.1% CAGR. The objective of the report is to present a comprehensive analysis of the global Cloud Access Security Brokers Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Cloud Access Security Brokers Market dynamic, structure by analyzing the market segments and projecting the Cloud Access Security Brokers Market size. Clear representation of competitive analysis of key players by Application, price, financial position, product portfolio, growth strategies, and regional presence in the Cloud Access Security Brokers Market make the report investor’s guide.

Cloud Access Security Brokers Market Scope: Inquiry Before Buying

Cloud Access Security Brokers Market
Report Coverage Details
Base Year: 2020 Forecast Period: 2021-2027
Historical Data: 2016 to 2020 Market Size in 2020: US $ 7.66 Bn.
Forecast Period 2021 to 2027 CAGR: 18.11% Market Size in 2027: US $ 24.56 Bn.
Segments Covered: by Solution • Control and Monitoring Cloud Services • Risk and Compliance Management • Data Security • Threat Protection
by Service • Professional Service • Support, Training, and Maintenance
by Service Model • Infrastructure as a Service • Platform as a Service • Software as a Service
by Organization size • Small and Medium Businesses (SMBs) • Large Enterprises
by Vertical • Banking, Financial Services, and Insurance (BFSI) • Education • Government • Healthcare and Life Sciences • Manufacturing • Retail and Wholesale • Telecommunication and IT • Others

Cloud Access Security Brokers Market by Region

• North America • Europe • Asia Pacific • Latin America • The Middle East and Africa

Cloud Access Security Brokers Market Key Players

• Imperva • Bitglass • CloudLock • CipherCloud • Skyhigh Networks • Forcepoint • Netskope • Microsoft Cloud App Security • Protegrity • Adallom • Perspescys • CloudMask • Palo Alto Networks, Inc. • Vaultive Inc. • Fortinet, Inc Frequently Asked Questions: 1] What segments are covered in the Cloud Access Security Brokers Market report? Ans. The segments covered in the Cloud Access Security Brokers Market report are based on Solution, Service, Service Model, Organization size, Vertical. 2] Which region is expected to hold the highest share in the Cloud Access Security Brokers Market? Ans. North America region is expected to hold the highest share in the Cloud Access Security Brokers Market. 3] What is the market size of the Cloud Access Security Brokers Market by 2027? Ans. The market size of the Cloud Access Security Brokers Market by 2027 is US$ 24.56 Bn. 4] What is the forecast period for the Cloud Access Security Brokers Market? Ans. The forecast period for the Cloud Access Security Brokers Market is 2020-2027. 5] What was the market size of the Cloud Access Security Brokers Market in 2020? Ans. The market size of the Cloud Access Security Brokers Market in 2020 was US$ 7.66 Bn.
1. Global Cloud Access Security Brokers Market: Research Methodology 2. Global Cloud Access Security Brokers Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Cloud Access Security Brokers Market 2.2. Summary 2.1.1. Key Findings 2.1.2. Recommendations for Investors 2.1.3. Recommendations for Market Leaders 2.1.4. Recommendations for New Market Entry 3. Global Cloud Access Security Brokers Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12 COVID-19 Impact 4. Global Cloud Access Security Brokers Market Segmentation 4.1 Global Cloud Access Security Brokers Market, By Solution (2020-2027) • Control and Monitoring Cloud Services • Risk and Compliance Management • Data Security • Threat Protection 4.2 Global Cloud Access Security Brokers Market, By Service (2020-2027) • Professional Service • Support, Training, and Maintenance 4.3 Global Cloud Access Security Brokers Market, By Service Model (2020-2027) • Infrastructure as a Service • Platform as a Service • Software as a Service 4.4 Global Cloud Access Security Brokers Market, By Organization size (2020-2027) • Small and Medium Businesses (SMBs) • Large Enterprises 4.5 Global Cloud Access Security Brokers Market, By Vertical (2020-2027) • Banking, Financial Services, and Insurance (BFSI) • Education • Government • Healthcare and Life Sciences • Manufacturing • Retail and Wholesale • Telecommunication and IT • Others 5. North America Cloud Access Security Brokers Market (2020-2027) 5.1 North America Cloud Access Security Brokers Market, By Solution (2020-2027) • Control and Monitoring Cloud Services • Risk and Compliance Management • Data Security • Threat Protection 5.2 North America Cloud Access Security Brokers Market, By Service (2020-2027) • Professional Service • Support, Training, and Maintenance 5.3 North America Cloud Access Security Brokers Market, By Service Model (2020-2027) • Infrastructure as a Service • Platform as a Service • Software as a Service 5.4 North America Cloud Access Security Brokers Market, By Organization size (2020-2027) • Small and Medium Businesses (SMBs) • Large Enterprises 5.5 North America Cloud Access Security Brokers Market, By Vertical (2020-2027) • Banking, Financial Services, and Insurance (BFSI) • Education • Government • Healthcare and Life Sciences • Manufacturing • Retail and Wholesale • Telecommunication and IT • Others 5.6 North America Cloud Access Security Brokers Market, by Country (2020-2027) • United States • Canada • Mexico 6. Asia Pacific Cloud Access Security Brokers Market (2020-2027) 6.1. Asia Pacific Cloud Access Security Brokers Market, By Solution (2020-2027) 6.2. Asia Pacific Cloud Access Security Brokers Market, By Service (2020-2027) 6.3. Asia Pacific Cloud Access Security Brokers Market, By Service Model (2020-2027) 6.4. Asia Pacific Cloud Access Security Brokers Market, By Organization size (2020-2027) 6.5. Asia Pacific Cloud Access Security Brokers Market, By Vertical (2020-2027) 6.6. Asia Pacific Cloud Access Security Brokers Market, by Country (2020-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 7. Middle East and Africa Cloud Access Security Brokers Market (2020-2027) 7.1 Middle East and Africa Cloud Access Security Brokers Market, By Solution (2020-2027) 7.2. Middle East and Africa Cloud Access Security Brokers Market, By Service (2020-2027) 7.3. Middle East and Africa Cloud Access Security Brokers Market, By Service Model (2020-2027) 7.4. Middle East and Africa Cloud Access Security Brokers Market, By Organization size (2020-2027) 7.5. Middle East and Africa Cloud Access Security Brokers Market, By Vertical (2020-2027) 7.6. Middle East and Africa Cloud Access Security Brokers Market, by Country (2020-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 8. Latin America Cloud Access Security Brokers Market (2020-2027) 8.1. Latin America Cloud Access Security Brokers Market, By Solution (2020-2027) 8.2. Latin America Cloud Access Security Brokers Market, By Service (2020-2027) 8.3. Latin America Cloud Access Security Brokers Market, By Service Model (2020-2027) 8.4. Latin America Cloud Access Security Brokers Market, By Organization size (2020-2027) 8.5. Latin America Cloud Access Security Brokers Market, By Vertical (2020-2027) 8.6. Latin America Cloud Access Security Brokers Market, by Country (2020-2027) • Brazil • Argentina • Rest of Latin America 9. European Cloud Access Security Brokers Market (2020-2027) 9.1. European Cloud Access Security Brokers Market, By Solution (2020-2027) 9.2. European Cloud Access Security Brokers Market, By Service (2020-2027) 9.3. European Cloud Access Security Brokers Market, By Service Model (2020-2027) 9.4. European Cloud Access Security Brokers Market, By Organization size (2020-2027) 9.5. European Cloud Access Security Brokers Market, By Vertical (2020-2027) 9.6. European Cloud Access Security Brokers Market, by Country (2020-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest of Europe 10. Company Profile: Key players 10.1. Imperva 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2 Bitglass 10.3 CloudLock 10.4 CipherCloud 10.5 Skyhigh Networks 10.6 Forcepoint 10.7 Netskope 10.8 Microsoft Cloud App Security 10.9 Protegrity 10.10 Adallom 10.11 Perspescys 10.12 CloudMask 10.13 Palo Alto Networks, Inc. 10.14 Vaultive Inc. 10.15 Fortinet, Inc

About This Report

Report ID 29159
Category Information Technology & Telecommunication
Published Date April 2019
Updated Date Dec 2021
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