The worldwide Cloud Access Security Brokers market touched xxx million USD with a CAGR xx % from 2015-2019 around the world. In the future, it is predicted to reach xxx million USD in 2020 with a CAGR xx % from 2020 to 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.
s the report focuses on global Cloud Access Security Brokers market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
In market segmentation by manufacturers, the report covers the following 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
In market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In market segmentation by types covers:
SaaS
IaaS
In market segmentation by applications :
BFSI
Government
Healthcare and Life Sciences
Manufacturing
Others
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Cloud Access Security Brokers market for the forecast period 2020 - 2025?
• What are the driving forces in the Cloud Access Security Brokers market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Cloud Access Security Brokers industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?