Skip to main content

Cloud Access Security Brokers Market: An Insight On the Important Factors and Trends Influencing the Market

According to a new market report published by Transparency Market Research entitled “Cloud Access Security Brokers Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024,” the cloud access security brokers (CASB) market was worth US$ 3,371.4 Mn in 2015 and is expected to reach US$ 13,218.5 Mn by 2024, expanding at a CAGR of 16.7% from 2016 to 2024. North America was the largest market for cloud access security brokers in 2015. The growth in this region is being driven by the presence of a large number of small and medium-sized businesses (SMBs), start-ups, and large corporate enterprises. 

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.

Request For Report Sample https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=8833

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.

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.

Download PDF Brochure https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=8833

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.

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.

 

Comments

Post a Comment

Popular posts from this blog

Lipid Profile Market: Information, Figures And Analytical Insights 2027 | Abbott., Akers Biosciences, Inc., Beckman Coulter

Emerging product trends, major drivers, challenges and opportunities in the market are identified and analysed apparently while generating this credible  Lipid Profile Market  analysis report. It helps customers or other market participants to be aware of the problems they may face while operating in the Lipid Profile industry over a longer period of time. The market data is analysed and forecasted using well established market statistical and coherent models. The global Lipid Profile business report is generated based on the market type, size of the organization, availability on-premises, the end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. The scope of this Lipid Profile Market report extends from market scenarios to comparative pricing between major players, cost and profit of the specified market regions. The data collected to structur...
Post a Comment
Read more

Cryptocurrency Market: Opportunity Analysis and Industry Forecast Up To 2025

  The growing popularity of digital currency has played an integral role in driving sales across the global  cryptocurrency market.  The use of digital ledgers and blockchain technology across the financial space has emerged as an important dynamic of market growth. Moreover, investments in various forms of cryptocurrency have led to market growth and maturity. Several industry analysts consider cryptocurrency as a lucrative digital currency that could revolutionize the area of transactions. The availability of digital ledgers floating across the cryptocurrency ecosystem has helped in reconciling the use of this currency. Considering the factors stated above, it is legit to believe that the global cryptocurrency market would gain momentum in the times of follow. Transparency Market Research (TMR), in it report, predicts that the global cryptocurrency market would grow at a boisterous CAGR of 31.30% over the period between 2017 and 2025. The total value of the glo...
Post a Comment
Read more

Agricultural Sprayers Market To 2027 Market Development, Overview and Forecast | Deere & Company, CNH Industrial, Exel Industries

This large scale Agricultural Sprayers Market research report involves six major parameters namely market analysis, market definition, market segmentation, key developments in the market, competitive analysis, and research methodology. The report identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the market. Agricultural Sprayers Market report helps uncover the general market conditions and tendencies. Clients accomplish unparalleled insights and acquaintance of the best market opportunities into their respective markets from this market report. The Agricultural Sprayers Market document assist businesses with the intelligent decision making and better manage marketing of goods which ultimately leads to growth in the business. Request an analyst call or drop down an enquiry to get thorough Agricultural Sprayers Market report. Different markets, marketing strategies, trends, future products and emerging opportunities are taken...
Post a Comment
Read more