Cloud Access Security Brokers Market - Global Industry Analysis and Forecast 2016

Cloud Access Security Brokers Market - Global Industry Analysis and Forecast 2016 - 2024

CASB services provide a security platform for cloud silos. A large number of SMBs and large corporates currently rely on cloud computing technologies to store their information and extract it whenever required. Security over the cloud is one of the major concerns facilitating the growth of cloud security solutions. CASB services play a significant role in providing solutions encompassing control & monitoring, risk & compliance management, tokenization, data leakage prevention, and cloud data encryption. These solutions are capable enough to provide complete cloud security, avoiding data leakage and the risk of security breaches at access points and nodes.

The report provides cross-segment analysis of the CASB market, based on cloud deployment type and components comprising software and services. Segmentation on the basis of deployment type includes SaaS, PaaS, and IaaS. IaaS platforms are expected to emerge as the fastest-growing platforms, owing to their augmented IT delivery capabilities, increased scalability, and flexibility. However, the SaaS platform held the dominant position in terms of CASB cloud deployment type in 2015.

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Software solutions that are particularly used for data leakage prevention and control & monitoring held the largest market shares in 2015. Furthermore, these segments are growing at a significant pace owing to rising threat of security breaches. Frequently changing cloud regulations by governing bodies are making it difficult for cloud storage vendors to ensure compliance.

This has enabled cloud storage vendors to outsource the security platform to the CASB providers, empowering the CASB risk & management compliance market to expand at an expected CAGR of 18% from 2016 to 2024. However, cloud data encryption is expected to be the fastest-growing software solution segment, expected to advance at the rate of 20.2% over the forecast period from 2016 to 2024.

This 116 page report gives readers a comprehensive overview of the Cloud Access Security Brokers Market

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Geographically, North America is the largest market for CASBs and the region is anticipated to dominate the global CASB market over the forecast period. In 2015, North America accounted for approximately 30% of the global CASB market’s revenue. Key players in the market include NetSkope Inc., Skyhigh Networks, CloudLock Inc., Zscaler, Inc., Adallom, Inc., Bitglass, Inc., CipherCloud Inc., and Protegrity USA, Inc.

The CASB market is segmented as follows.

Cloud Access Security Brokers Market, by Cloud Deployment Type

Software as a Service (SaaS)
Platform as a Service (PaaS)
Infrastructure as a Service (IaaS)

Cloud Access Security Brokers Market, by Components

Software
- Cloud-based
  - Control and Monitoring
  - Risk & Compliance Management
  - Cloud Data Encryption
  - Data Leakage Prevention
  - Tokenization
- On-premise
  - Control and Monitoring
  - Risk & Compliance Management
  - Cloud Data Encryption
  - Data Leakage Prevention
  - Tokenization
- Services
  - Consulting
  - System Integration
  - Operation and Maintenance

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