Global Cloud Access Security Brokers Market (2021-2026) by Component, Service Type, Application, and Geography, IGR Competitive Analysis, Impact of Covid-19, Ansoff Analysis
The Global Cloud Access Security Brokers Market is estimated to be USD 10.2 Bn in 2020 and is expected to reach USD 22.95 Bn by 2025, growing at a CAGR of 17.6 %.
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.
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.
1. Zscaler announced to acquire vendor Cloudneeti to solidify its entry into the CASB market. – 20th April 2020
2. Zscaler releases new data protection innovation in ZscalerTM Zero Trust Exchange. – 9th September 2020
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
IGR Competitive Quadrant
The report includes the IGR 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 in 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 in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
The report also contains the competitive analysis using IGR Positioning Quadrants, Infogence’s Proprietary competitive positioning tool.
A complete analysis of the market, including parent industry
Important market dynamics and trends
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
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