A cloud access security broker (CASB) is a software platform that sits between an organization and a cloud service provider, providing visibility, compliance, and control over data in the cloud. A CASB can help an organization to secure its data in the cloud and ensure that it complies with internal policies and external regulations. In this article, we will take a look at the different features of a CASB and how it can benefit your organization.
The global cloud access security broker market size was valued at USD 6.2 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 17.7% from 2022 to 2030.
The factors that have driven the industry’s growth include the ease with which shadow informational technology operations can be used to complete job tasks, increasing demand for cloud usage, and an increase in the number of cloud-based applications within small and medium-sized companies. Cloud security services are becoming a major trend in the industry. Informational technology security is expensive in-house. In addition, the market growth is being supported by the use AI and computer learning. This allows for optimal operational capabilities through multi-cloud management.
Market Dynamic

Drivers:



The market is driven by a rise in security breaches and accidental deletions, as well as the ability for businesses to monitor their systems in real-time. Organizations are also increasingly using cloud-based applications.
Opportunities:



Industry development is also influenced by the availability of information and the ability to track it in real-time. Regulators are constantly updating their regulations, making it difficult for cloud storage providers and cloud security platform administrators to manage them effectively. The Cloud Access Security Brokers market is growing because of this.
Restraints:



Exporting security products is becoming more popular, which is driving the rapid growth of the Cloud Access Security Brokers Industry. The Global Cloud Access Security Brokers Industry is expected grow at a rapid pace, but it will be limited by a variety of factors.
Challenges:



A lack of information about the latest cloud access security options is one of these. Many companies don’t know the potential benefits of this technology, as it is still in its early stages. A few companies have turned to cloud access security brokers solutions in order to mitigate threats, comply with regulations and gain insight into data. It is also not economically feasible to use this service because there are fewer retailers that offer cloud access security brokerage services.
Recent Developments



Imperva, Inc. (@Imperva), an international leader in cybersecurity, has launched a new data privacy product in May 2021. It helps businesses identify, secure, and find personal data in any environment, on-premises, cloud, hybrid, or multi-cloud.
PROTEGITY, a global leader of data security, released details about three Protegrity products in the AWS Marketplace, May 20, 2021. These were Protegrity Discover and Cloud Protect For Amazon Redshift. PROTEGITY is a world leader in data security and a major provider of data security solutions.
Bitglass, a company that specializes in whole cloud security, announced an expansion of their SD-WAN integration environment in February 2021. Customers can now use the Bitglass platform to protect traffic from distant locations via Cisco, Palo Alto Networks, Palo Alto Networks, Versa, Inc. routers, firewalls, and Alkira, Aryaka, Palo Alto Networks, Versa, Inc., and Versa, Inc.
Key Market Segments
Type
Data Security
Threat Protection
Control and Monitoring Cloud Services
Risk and Compliance Management
Application
Government
Financial Industry
Traffic and Logistics
Other
Key Market Players included in the report:
Cloudlock
Imperva,Inc.
Bitglass
Ciphercloud
Netskope
Skyhigh Networks
ProductOffered
Cloudmask
Protegrity
Adallom
Perspecsys
Symantec
Reasons to Get this Report:
In an insight outlook, this research report has dedicated to several quantities of analysis industry research (global industry trends) and Cloud Access Security Brokers Market share analysis of high players, along with company profiles, and which collectively include about the fundamental opinions regarding the market landscape; emerging and high-growth sections of Cloud Access Security Brokers Market; high-growth regions; and market drivers, restraints, and also market chances.
The analysis covers Cloud Access Security Brokers Market and its advancements across different industry verticals as well as regions. It targets estimating the current market size and growth potential of the global Cloud Access Security Brokers Market across sections such as also Applications and representatives.
Additionally, the analysis also has a comprehensive review of the crucial players on the Cloud Access Security Brokers Market together side their company profiles, SWOT analysis, latest advancements, and business plans.
The analysis objectives of the report are:
To equitably share in-depth info regarding the crucial elements impacting the increase of industry (growth capacity, chances, drivers, and industry-specific challenges and risks).
To know the Cloud Access Security Brokers Market by pinpointing its many subsegments.
To profile the important players and analyze their growth plans.
To endeavor the amount and value of Cloud Access Security Brokers sub-markets, depending on key regions (various vital states).
To analyze Cloud Access Security Brokers Market concerning growth trends, prospects, and also their participation in the entire sector.
To examine and study the Cloud Access Security Brokers Market size (volume & value) from the company, essential regions/countries, products, and Applications, background information from 2015 to 2021, and also prediction to 2032.
Primary worldwide Cloud Access Security Brokers Market manufacturing companies, to specify, clarify and analyze the product sales amount, value and market share, market rivalry landscape, SWOT analysis and development plans next the coming years.
To examine competitive progress such as expansions, arrangements, new product launches, and acquisitions on the market.