Accelerating Migration to the Cloud Transforming the Global Cloud Access Security Broker (CASB) Market, 2024

Shift to Work from Home Model and Wider Use of Mobile/Remote Workforce to Interact with Cloud Apps to Present Major Growth Opportunities

This report analyzes the global market for Cloud Access Security Brokers (CASB). CASB is a software that acts as a security control point between users and cloud services. It can be deployed as an on-premises or cloud-hosted solution. In addition to Software as a Service (SaaS) apps such as Office 365 and Google G Suite sanctioned by IT teams, users in an organization employ numerous unsanctioned cloud services that pose security challenges-a practice known as “Shadow IT” within the industry. Data moving to the cloud exposes it to multiple risks, including malware, threat actors, accidental over-exposure, leveraging social media, and others. The explosive growth of mobile, remote workforce, and cloud services is exerting pressure on security teams to monitor and control the usage of cloud applications, thus fueling the growth of CASB.

CASB began as a way to detect “Shadow IT” practices which had highlighted the need for visibility and control. It has since evolved quickly as a platform offering many features and continues to develop, in particular adding security features. It now includes more functionalities for visibility, compliance, data security, and threat protection. CASB also offers additional layers of protection through malware prevention and data encryption. The market witnesses ongoing technological evolution. CASB vendors are extending coverage into the Infrastructure as a Service (IaaS)-led by Amazon Web Services, Microsoft Azure, and Google Cloud-and Platform as a Service (PaaS)-offered by Force.com and ServiceNow-areas. The market has settled into a model in which CASB is integrated with other products to offer a total solution to customers. This integration can be with a vendor’s own portfolio or with products of other vendors.