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During the period under consideration, analysts anticipate that the market for cloud access security brokers will demonstrate a compound annual growth rate (CAGR) of 15.9%. In 2023, it is predicted that the market will have a value of 10.7 billion U.S. dollars, and it is anticipated that by 2030, it will have had a value of 39.3 billion U.S. dollars.
During the COVID-19 pandemic, an increase in the desire for work-from-home and remote working policies helped to accelerate the demand for cloud and security solutions, which in turn enabled the establishment of the cloud access security broker sector. The prediction for the cloud access security broker market may be hampered, however, by the higher installation costs and maintenance problems associated with cloud access security broker platforms. On the other hand, it is anticipated that the incorporation of cutting-edge technologies such as machine learning and data analytics into cloud access security broker solutions suites would present lucrative growth prospects for the cloud access security broker business throughout the course of the projected year.
The market for cloud access security brokers can be broken down into several different categories, including component, enterprise size, application area, industry vertical, and geographic region. The business sector can be broken down into services and solutions according to the components involved. Large firms and small and medium-sized businesses make up the two distinct segments of the market. The market can be broken down into several different categories depending on the type of application it serves, including governance, risk, and compliance; data security; application security; and others. The study focuses on several different industry verticals, including retail, healthcare, government and public sector, information technology and telecommunications, business financial services, and others. North America, Europe, Asia-Pacific, and Latin America and the Caribbean are included in the analysis of this phenomenon.
The proliferation of data breaches all over the world is also putting pressure on businesses to protect their information by utilising technologies such as cloud access security broker solutions. These solutions ensure multilayered protection that prevents ransomware from having any effect on the data. In addition to this, it assists in identifying any suspicious behaviour that may be occurring within the data sources, delivering real-time monitoring to the end users, and elevating the level of risk and fraud management.
A rise in inadvertent deletions and security breaches, the capacity of enterprises to monitor their systems in real time, and the growing use of cloud-based applications across organisations are some of the primary factors that are driving the market. The capacity to access information at any time as well as the capability to monitor it in real time are further factors that are helping to the development of the sector. Cloud storage providers are finding it increasingly difficult to successfully manage cloud security platforms as a result of the ongoing process of regulation revisions being undertaken by regulatory organisations. As a direct consequence of this, the outsourcing of security solutions has emerged as the most popular trend, which is fueling the growth of the market for Cloud Access Security Brokers even more.
The exporting of security solutions is becoming increasingly popular, which is fueling the growth of an industry known as Cloud Access Security Brokers even more rapidly than it already was. Despite the fact that it is anticipated that the Global Cloud Access Security Brokers Industry will develop at a large rate, it is anticipated that it will be constrained by a number of factors for the most part. A general lack of understanding about the most modern cloud access security choices is one of these elements that contributes to the problem. As a result of the fact that this method is still in its infant phases, many businesses are unaware of the advantages and opportunities presented by it. A small number of businesses have begun to implement cloud access security broker solutions in order to better manage threats, remain in compliance with regulations, and gain insight into data. In addition, there is a substantially smaller number of merchants that offer cloud access security brokering services, which means that using this service will not be cost-effective.
Report Coverage
Global Cloud Access Security Brokers research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Cloud Access Security Brokers report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Cloud Access Security Brokers competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Cloud Access Security Brokers market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Cloud Access Security Brokers market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Cloud Access Security Brokers market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Imperva (U.S.) Bitglass (U.S.) Cisco Systems Inc. (U.S.) CipherCloud (U.S.) Skyhigh Networks (U.S.) Netskope (U.S.) Protegrity (U.S.) Adallom (U.S.) Symantec Corporation (U.S.) CloudMask (U.S.)
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Cloud Access Security Brokers market based on the below-mentioned segments:
Global Cloud Access Security Brokers Market, By Service Model
Infrastructure as a Service
Platform as a Service
Software as a Service
Global Cloud Access Security Brokers market, By Vertical
Banking, Financial Services, and Insurance (BFSI)
Education
Government
Healthcare and Life Sciences
Manufacturing
Retail and Wholesale
Telecommunication and IT
Others
Global Cloud Access Security Brokers Market, By Solution
Control and Monitoring Cloud Services
Risk and Compliance Management
Global Cloud Access Security Brokers market, Regional Analysis
During the COVID-19 pandemic, an increase in the desire for work-from-home and remote working policies helped to accelerate the demand for cloud and security solutions, which in turn enabled the establishment of the cloud access security broker sector. The prediction for the cloud access security broker market may be hampered, however, by the higher installation costs and maintenance problems associated with cloud access security broker platforms. On the other hand, it is anticipated that the incorporation of cutting-edge technologies such as machine learning and data analytics into cloud access security broker solutions suites would present lucrative growth prospects for the cloud access security broker business throughout the course of the projected year.
The market for cloud access security brokers can be broken down into several different categories, including component, enterprise size, application area, industry vertical, and geographic region. The business sector can be broken down into services and solutions according to the components involved. Large firms and small and medium-sized businesses make up the two distinct segments of the market. The market can be broken down into several different categories depending on the type of application it serves, including governance, risk, and compliance; data security; application security; and others. The study focuses on several different industry verticals, including retail, healthcare, government and public sector, information technology and telecommunications, business financial services, and others. North America, Europe, Asia-Pacific, and Latin America and the Caribbean are included in the analysis of this phenomenon.
The proliferation of data breaches all over the world is also putting pressure on businesses to protect their information by utilising technologies such as cloud access security broker solutions. These solutions ensure multilayered protection that prevents ransomware from having any effect on the data. In addition to this, it assists in identifying any suspicious behaviour that may be occurring within the data sources, delivering real-time monitoring to the end users, and elevating the level of risk and fraud management.
A rise in inadvertent deletions and security breaches, the capacity of enterprises to monitor their systems in real time, and the growing use of cloud-based applications across organisations are some of the primary factors that are driving the market. The capacity to access information at any time as well as the capability to monitor it in real time are further factors that are helping to the development of the sector. Cloud storage providers are finding it increasingly difficult to successfully manage cloud security platforms as a result of the ongoing process of regulation revisions being undertaken by regulatory organisations. As a direct consequence of this, the outsourcing of security solutions has emerged as the most popular trend, which is fueling the growth of the market for Cloud Access Security Brokers even more.
The exporting of security solutions is becoming increasingly popular, which is fueling the growth of an industry known as Cloud Access Security Brokers even more rapidly than it already was. Despite the fact that it is anticipated that the Global Cloud Access Security Brokers Industry will develop at a large rate, it is anticipated that it will be constrained by a number of factors for the most part. A general lack of understanding about the most modern cloud access security choices is one of these elements that contributes to the problem. As a result of the fact that this method is still in its infant phases, many businesses are unaware of the advantages and opportunities presented by it. A small number of businesses have begun to implement cloud access security broker solutions in order to better manage threats, remain in compliance with regulations, and gain insight into data. In addition, there is a substantially smaller number of merchants that offer cloud access security brokering services, which means that using this service will not be cost-effective.
Report Coverage
Global Cloud Access Security Brokers research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Cloud Access Security Brokers report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Cloud Access Security Brokers competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Cloud Access Security Brokers market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Imperva (U.S.) Bitglass (U.S.) Cisco Systems Inc. (U.S.) CipherCloud (U.S.) Skyhigh Networks (U.S.) Netskope (U.S.) Protegrity (U.S.) Adallom (U.S.) Symantec Corporation (U.S.) CloudMask (U.S.) |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Cloud Access Security Brokers Market from 2021 to 2030.
- Market Forecast for Cloud Access Security Brokers Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Cloud Access Security Brokers competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Cloud Access Security Brokers
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Cloud Access Security Brokers market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Cloud Access Security Brokers market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Imperva (U.S.) Bitglass (U.S.) Cisco Systems Inc. (U.S.) CipherCloud (U.S.) Skyhigh Networks (U.S.) Netskope (U.S.) Protegrity (U.S.) Adallom (U.S.) Symantec Corporation (U.S.) CloudMask (U.S.)
Primary Target Market
- Market Players of Cloud Access Security Brokers
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Cloud Access Security Brokers market based on the below-mentioned segments:
Global Cloud Access Security Brokers Market, By Service Model
Infrastructure as a Service
Platform as a Service
Software as a Service
Global Cloud Access Security Brokers market, By Vertical
Banking, Financial Services, and Insurance (BFSI)
Education
Government
Healthcare and Life Sciences
Manufacturing
Retail and Wholesale
Telecommunication and IT
Others
Global Cloud Access Security Brokers Market, By Solution
Control and Monitoring Cloud Services
Risk and Compliance Management
Global Cloud Access Security Brokers market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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