In 2018, the global — Cloud Access Security Brokers market size was 5880 million US$ and it is expected to reach 23900 million US$ by the end of 2025, with a CAGR of 22.2% during 2019-2025.
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.
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Key Players covered in this report are:
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.
Report analysed by applications like:
BFSI, Government, Healthcare and Life Sciences, Manufacturing, Others.
Then report is analysed on the basis of product:
SaaS, IaaS, PaaS.
Market size split by Region North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Malaysia, Philippines, Thailand, Vietnam, Europe, Germany, France, UK, Italy, Spain, Russia, Central & South America, Brazil, Rest of Central & South America, Middle East & Africa, GCC Countries, Turkey, Egypt, South Africa.
The Cloud Access Security Brokers industry development trends and marketing channels are analysed. Finally, the feasibility of new investment projects is assessed and overall research conclusions offered.
With the tables and figures, the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states supply and demand Figures, cost, price, revenue and gross margins.
The Cloud Access Security Brokers Market report provides key statistics on the market status of the Cloud Access Security Brokers manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
Major Points Covered in Table of Contents:
1 Study Coverage
2 Executive Summary
3 Breakdown Data by Manufacturers
4 Breakdown Data by Type
5 Breakdown Data by Application
6 North America
8 Asia Pacific
9 Central & South America
10 Middle East and Africa
11 Company Profiles
12 Market Opportunities, Challenges, Risks and Influences Factors Analysis
13 Value Chain and Sales Channels Analysis
14 Research Findings and Conclusion
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Release ID: 501943