Market Overview:
The global cloud access security brokers (CASB) market is expected to grow from USD 1.02 billion in 2018 to USD 3.73 billion by 2030, at a CAGR of 18.5% during the forecast period. The growth of the CASB market is attributed to the increasing adoption of cloud services by organizations and the need for securing data and applications hosted on public clouds. The SaaS segment is expected to account for the largest share of the CASB market in 2018, owing to its low cost and easy deployment options. However, IaaS is projected to grow at a higher CAGR during the forecast period, as it offers more flexibility and scalability than other types of cloud services.
Product Definition:
Cloud access security brokers (CASBs) are cloud services that provide security and control over data in the cloud. They act as a gateway between an organization's on-premises environment and its various SaaS applications. CASBs can help organizations enforce their security policies, identify sensitive data, audit user activity, and protect against threats.
SaaS:
Software as a Service (SaaS) is a model that provides cloud-based solutions for applications and services. It includes various benefits such as on-demand availability of software, easy maintenance of data, and low cost which has resulted in increased popularity among enterprises. The SaaS model offers various advantages to the consumer such as reduced IT overhead costs, ease of use & accessibility along with flexibility & scalability which has further propelled its demand over the past few years.
IaaS:
IaaS (Infrastructure-as-a-Service) is a cloud service model that provides shared resources, virtualized computing, and storage. It's an attractive option for organizations that need to expand their IT infrastructure in the form of additional capacity or servers. IaaS eliminates the need for users to manage their own hardware; instead, it offers them software solutions they can run on any device from anywhere across the globe.
Application Insights:
The banking, financial services, and insurance (BFSI) segment accounted for the largest market share in 2017. The BFSI sector is one of the leading adopters of cloud computing owing to its need to transform its infrastructure frequently to meet the changing needs of customers and technological advancements in order to remain competitive. As a result, this industry is expected to generate high demand for CABs over the forecast period.
The healthcare and life sciences segment are also anticipated to exhibit significant growth over the forecast period as a result of increasing investments by governments as well as private organizations in order improve medical care facilities along with rising R&D activities across various industries such as manufacturing which require highly secure information networks.
Moreover, growing concerns regarding data breaches have led many organizations within this industry towards adopting access security solutions that offer robust protection against attacks from malicious users seeking unauthorized access into their systems or network infrastructure.
Regional Analysis:
North America is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing cyberattacks and data breaches, which have resulted in increased regulatory fines for organizations. In addition, growing adoption of cloud services by small and medium businesses is anticipated to drive regional market growth.
Asia Pacific is estimated to witness significant growth over the next eight years owing to rapid technological advancements in countries such as China and India. Furthermore, rising demand for SaaS solutions due to their ease of use has led many enterprises in this region toward adopting cloud access security brokers (CASBs). Increasing number of government regulations aimed at securing critical infrastructure from cyberattacks are also driving market development across this region.
Growth Factors:
- Increased awareness of cloud security risks by organizations
- Proliferation of cloud services and apps
- Greater demand for compliance and governance in the cloud
- Emergence of new Cloud Access Security Broker (CASB) vendors and features
- Growing trend of Bring Your Own Cloud (BYOC)
Scope Of The Report
Report Attributes
Report Details
Report Title
Cloud Access Security Brokers Market Research Report
By Type
SaaS, IaaS, PaaS, Cloud Access Security Broker
By Application
BFSI, Government, Healthcare and Life Sciences, Manufacturing, Others
By Companies
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, Cloud Access Security Broker
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Cloud Access Security Brokers Market Report Segments:
The global Cloud Access Security Brokers market is segmented on the basis of:
Types
SaaS, IaaS, PaaS, Cloud Access Security Broker
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
BFSI, Government, Healthcare and Life Sciences, Manufacturing, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled 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
- Cloud Access Security Broker
Highlights of The Cloud Access Security Brokers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- SaaS
- IaaS
- PaaS
- Cloud Access Security Broker
- By Application:
- BFSI
- Government
- Healthcare and Life Sciences
- Manufacturing
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cloud Access Security Brokers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cloud Access Security Brokers (CASBs) are companies that provide security services for cloud-based applications and data. CASBs help organizations protect their cloud-based assets by providing authentication, authorization, and compliance (AAC) services.
Some of the key players operating in the cloud access security brokers market 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, Cloud Access Security Broker.
The cloud access security brokers market is expected to register a CAGR of 18.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Cloud Access Security Brokers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Cloud Access Security Brokers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Cloud Access Security Brokers Market - Supply Chain
4.5. Global Cloud Access Security Brokers Market Forecast
4.5.1. Cloud Access Security Brokers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Cloud Access Security Brokers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Cloud Access Security Brokers Market Absolute $ Opportunity
5. Global Cloud Access Security Brokers Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Cloud Access Security Brokers Market Size and Volume Forecast by Type
5.3.1. SaaS
5.3.2. IaaS
5.3.3. PaaS
5.3.4. Cloud Access Security Broker
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Cloud Access Security Brokers Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Cloud Access Security Brokers Market Size and Volume Forecast by Application
6.3.1. BFSI
6.3.2. Government
6.3.3. Healthcare and Life Sciences
6.3.4. Manufacturing
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Cloud Access Security Brokers Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Cloud Access Security Brokers Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Cloud Access Security Brokers Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Cloud Access Security Brokers Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Cloud Access Security Brokers Demand Share Forecast, 2019-2026
9. North America Cloud Access Security Brokers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Cloud Access Security Brokers Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Cloud Access Security Brokers Market Size and Volume Forecast by Application
9.4.1. BFSI
9.4.2. Government
9.4.3. Healthcare and Life Sciences
9.4.4. Manufacturing
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Cloud Access Security Brokers Market Size and Volume Forecast by Type
9.7.1. SaaS
9.7.2. IaaS
9.7.3. PaaS
9.7.4. Cloud Access Security Broker
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Cloud Access Security Brokers Demand Share Forecast, 2019-2026
10. Latin America Cloud Access Security Brokers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Cloud Access Security Brokers Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Cloud Access Security Brokers Market Size and Volume Forecast by Application
10.4.1. BFSI
10.4.2. Government
10.4.3. Healthcare and Life Sciences
10.4.4. Manufacturing
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Cloud Access Security Brokers Market Size and Volume Forecast by Type
10.7.1. SaaS
10.7.2. IaaS
10.7.3. PaaS
10.7.4. Cloud Access Security Broker
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Cloud Access Security Brokers Demand Share Forecast, 2019-2026
11. Europe Cloud Access Security Brokers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Cloud Access Security Brokers Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Cloud Access Security Brokers Market Size and Volume Forecast by Application
11.4.1. BFSI
11.4.2. Government
11.4.3. Healthcare and Life Sciences
11.4.4. Manufacturing
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Cloud Access Security Brokers Market Size and Volume Forecast by Type
11.7.1. SaaS
11.7.2. IaaS
11.7.3. PaaS
11.7.4. Cloud Access Security Broker
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Cloud Access Security Brokers Demand Share, 2019-2026
12. Asia Pacific Cloud Access Security Brokers Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Cloud Access Security Brokers Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Cloud Access Security Brokers Market Size and Volume Forecast by Application
12.4.1. BFSI
12.4.2. Government
12.4.3. Healthcare and Life Sciences
12.4.4. Manufacturing
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Cloud Access Security Brokers Market Size and Volume Forecast by Type
12.7.1. SaaS
12.7.2. IaaS
12.7.3. PaaS
12.7.4. Cloud Access Security Broker
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Cloud Access Security Brokers Demand Share, 2019-2026
13. Middle East & Africa Cloud Access Security Brokers Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Cloud Access Security Brokers Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Cloud Access Security Brokers Market Size and Volume Forecast by Application
13.4.1. BFSI
13.4.2. Government
13.4.3. Healthcare and Life Sciences
13.4.4. Manufacturing
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Cloud Access Security Brokers Market Size and Volume Forecast by Type
13.7.1. SaaS
13.7.2. IaaS
13.7.3. PaaS
13.7.4. Cloud Access Security Broker
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Cloud Access Security Brokers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Cloud Access Security Brokers Market: Market Share Analysis
14.2. Cloud Access Security Brokers Distributors and Customers
14.3. Cloud Access Security Brokers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Palo Alto Networks
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. IBM Managed Cloud Services
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Forcepoint
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Imperva, Inc.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Symantec Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Oracle
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Microsoft Cloud App Security
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Cisco Cloudlock
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Fortinet, Inc
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Skyhigh Networks
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Bitglass
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Managed Methods
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Ciphercloud
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Netskope
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Protegrity
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Centrify Identity Service
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Cloud Access Security Broker
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
