Cloud Access Security Broker (CASB) Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 6.5 Billion by 2030, growing at a CAGR of 19.4% from 2024 to 2030.
The global Cloud Access Security Broker (CASB) market is experiencing significant growth due to the increasing adoption of cloud-based services across various industries. As businesses continue to shift to cloud computing, the demand for security solutions that provide visibility and control over cloud environments has surged. The CASB market is anticipated to expand as organizations seek to secure their cloud applications, data, and services from potential security threats. The rise in remote work and the growing need for regulatory compliance also contribute to the market's growth, driving the demand for CASB solutions that offer comprehensive data protection, threat intelligence, and secure access management. The integration of CASBs with existing security infrastructures further enhances their appeal, making them a crucial component in modern cybersecurity strategies for businesses worldwide.
In addition to the growing demand for cloud security, the CASB market is benefiting from innovations in artificial intelligence (AI) and machine learning (ML), which are being integrated into CASB solutions to provide enhanced threat detection and automated responses. As organizations strive to address increasingly sophisticated cyber threats, these advanced technologies offer new opportunities for more proactive security measures. The market is also witnessing the emergence of various deployment models, including cloud-based and on-premises solutions, catering to different business needs. With the increasing emphasis on data privacy, regulatory compliance, and securing multi-cloud environments, the CASB market is expected to see further growth. Furthermore, partnerships and collaborations between CASB providers and cloud service vendors present new growth avenues, allowing businesses to access more integrated, scalable, and efficient security solutions.
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NortonLifeLock
Microsoft
Forcepoint
Cisco
McAfee
Oracle
Palo Alto Networks
Proofpoint
Cipher Cloud
Netskope
Cloudlock
IBM
Subtotal
Avanan
Better Cloud
Bitglass
Censor Net
CyberArk
Trend Micro
Skyhigh Networks
Perimeter 81
Zscaler
Iboss
Jamcracker
Fortinet
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Gloabl Cloud Access Security Broker (CASB) Market
Cloud-Based CASB
On-Premises CASB
Hybrid CASB
Data Loss Prevention (DLP)
Threat Protection
Access Control
Compliance Management
Encryption & Tokenization
Small Enterprises
Medium Enterprises
Large Enterprises
Healthcare
Finance & Banking
Retail
Information Technology
Government
Managed Service Providers (MSPs)
Internal IT Departments
Third-Party Vendors
Consultants & Security Auditors
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Gloabl Cloud Access Security Broker (CASB) Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Gloabl Cloud Access Security Broker (CASB) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Gloabl Cloud Access Security Broker (CASB) Market, By Type
6. Gloabl Cloud Access Security Broker (CASB) Market, By Application
7. Gloabl Cloud Access Security Broker (CASB) Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Gloabl Cloud Access Security Broker (CASB) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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