Global Cloud Access Security Brokers Market (2021-2026) by Component, Service Type, Application and Geography - Competitive Analysis, Impact of COVID-19, Ansoff Analysis

The Global Cloud Access Security Brokers Market is estimated to be worth USD 10.2 Billion in 2020 and is expected to reach USD 22.95 Billion by 2025, growing at a CAGR of 17.6%.

Market Dynamics

Cloud Access Security Brokers (CASB) ensures data and application security, improving compliance and risk management of the company. In addition, work from home and use of personal devices due to COVID 19, companies are compelled to protect their data and IT systems from cloud-based threats. Furthermore, the demand of organizations and governments to safeguard the confidentiality of sensitive data is a major factor governing the growth of the CASB market. The CASB companies provide additional services such as threat management, building visibility, real-time monitoring, forecast risk, etc., which is expected to increase the market growth.

However, key challenges in the CASB market are limited awareness of CASB and a limited number of vendors providing CASB systems.

Market Segmentation

The Global Cloud Access Security Brokers Market is segmented based on Component, Service Type, Application, and Geography.

By Component, the market is classified as data management and security, control and monitoring cloud services, risk management, threat protection, Others. Amongst all, the data management and security segment is estimated to hold the highest market share.
By Service Type, the market is classified as Software-as-a-Service, Infrastructure-as-a-Service, Platform-as-a-Service. Amongst all, the Software-as-a-Service segment is estimated to hold the highest market share.
By Application, the market is classified as BFSI, government, healthcare, manufacturing, others. Amongst all, the BFSI segment is estimated to hold the highest market share.
By Geography, North America is projected to lead the market.

Recent Developments

Zscaler announced to acquire vendor Cloudneeti to solidify its entry into the CASB market. - 20th April 2020
Zscaler releases new data protection innovation in ZscalerTM Zero Trust Exchange. - 9th September 2020

Company Profiles

Some of the companies covered in this report Bitglass, Cisco Cloudlock, Forcepoint, Fortinet, Inc, McAfee Corp., Microsoft Corporation, Netskope, NortonLifeLock Inc., Oracle Corporation, Palo Alto Networks, Inc.etc

Competitive Quadrant

The report includes the Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

The report offers a comprehensive evaluation of the Global Cloud Access Security Brokers Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.

The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel within the industry.

The report includes an in-depth market analysis using Porter’s 5 force model and the Ansoff Matrix. The impact of COVID-19 on the market is also featured in the report.

The report also includes the regulatory scenario of the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules & regulations imposed on this sector across various geographies.

The report also contains the competitive analysis using Positioning Quadrants, the analyst's proprietary competitive positioning tool.

Report Highlights

A complete analysis of the market, including parent industry
Important market dynamics and trends
Market segmentation
Historical, current, and projected size of the market based on value and volume
Market shares and strategies of key players
Recommendations to companies for strengthening their foothold in the market

Frequently Asked Questions about the Global Cloud Access Security Brokers Market

What is the estimated value of the Global Cloud Access Security Brokers Market?

The Global Cloud Access Security Brokers Market was estimated to be valued at $10200.0 Million in 2021.

What is the growth rate of the Global Cloud Access Security Brokers Market?

The growth rate of the Global Cloud Access Security Brokers Market is 17.6%, with an estimated value of $22950.0 Million by 2026.

What is the forecasted size of the Global Cloud Access Security Brokers Market?

The Global Cloud Access Security Brokers Market is estimated to be worth $22950.0 Million by 2026.

Who are the key companies in the Global Cloud Access Security Brokers Market?

Key companies in the Global Cloud Access Security Brokers Market include Bitglass, Censornet, Cisco Cloudlock, Exabea. Inc., Forcepoint, Fortine. Inc, IBM Managed Cloud Services, Imperv. Inc. and McAfee Corp..

1 Report Description

1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Shareholders

2 Research Methodology

2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Proprietary Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study

3 Executive Summary

3.1 Introduction
3.2 Market Size and Segmentation
3.3 Market Outlook

4 Market Influencers

4.1 Drivers
4.1.1 Increasing Work from Home Trend
4.1.2 Rising Demand for Automation Security Management
4.2 Restraints
4.2.1 Higher Deployment Cost
4.3 Opportunities
4.3.1 Partnership and Agreements of Companies for Additional Services Technologies
4.3.2 Increasing Demand for Electricity in Remote Areas
4.4 Challenges
4.4.1 Low Adoption Rate
4.5 Trends

5 Market Analysis

5.1 Regulatory Scenario
5.2 Porter’s Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis

6 Global Cloud Access Security Brokers Market, By Component

6.1 Introduction
6.2 Data Management and Security
6.3 Control and Monitoring Cloud Services
6.4 Risk Management
6.5 Threat Protection
6.6 Others

7 Global Cloud Access Security Brokers Market, By Service Type

7.1 Introduction
7.2 Software as a Service
7.3 Infrastructure as a Service
7.4 Platform as a Service

8 Global Cloud Access Security Brokers Market, By Application

8.1 Introduction
8.2 Government
8.3 BFSI
8.4 Healthcare
8.5 Manufacturing
8.6 Others

9 Global Cloud Access Security Brokers Market, By Geography

9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 South America
9.3.1 Brazil
9.3.2 Argentina
9.3.3 Chile
9.3.4 Colombia
9.4 Europe
9.4.1 UK
9.4.2 France
9.4.3 Germany
9.4.4 Italy
9.4.5 Spain
9.4.6 Netherlands
9.4.7 Sweden
9.4.8 Russia
9.4.9 Rest of Europe
9.5 Asia-Pacific
9.5.1 China
9.5.2 Japan
9.5.3 India
9.5.4 Indonesia
9.5.5 Malaysia
9.5.6 South Korea
9.5.7 Australia
9.5.8 Sri Lanka
9.5.9 Thailand
9.5.10 Rest of APAC
9.6 Middle-East and Africa
9.6.1 Qatar
9.6.2 Saudi Arabia
9.6.3 South Africa
9.6.4 United Arab Emirates

10 Competitive Landscape

10.1 Competitive Quadrant
10.2 Market Share Analysis
10.3 Strategic Initiatives
10.3.1 M&A and Investments
10.3.2 Partnerships and Collaborations
10.3.3 Product Developments and Improvements

11 Company Profiles

11.1 Bitglass
11.2 Censornet
11.3 Cisco Cloudlock
11.4 Exabeam, Inc.
11.5 Forcepoint
11.6 Fortinet, Inc
11.7 IBM Managed Cloud Services
11.8 Imperva, Inc.
11.9 Managed Methods Inc.
11.10 McAfee Corp.
11.11 Microsoft Corporation
11.12 Netskope
11.13 NortonLifeLock Inc.
11.14 Oracle Corporation
11.15 Palo Alto Networks, Inc.
11.16 Proofpoint, Inc.
11.17 Protegrity USA, Inc.
11.18 Rapid7
11.19 StratoKey Pty Ltd
11.20 Zscaler

12 Appendix

12.1 Questionnaire