Cloud Access Security Broker Market Report: Unlocking the Future of Cloud Security

DhirajV

posted on 1 week ago — updated on 1 second ago

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According to a recent report by Straits Research, the global Network Slicing Market size was valued at USD 754.38 million in 2023 and is projected to reach USD 29,350.77 million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 50.2% during the forecast period (2024-2032).

Cloud Access Security Broker Market Size, Share, Growth, Key Trends and Opportunities:-

Straits Research has announced the release of its comprehensive report on the Cloud Access Security Broker (CASB) Market. This in-depth analysis provides valuable insights into the market's current landscape, growth prospects, and emerging trends.

Cloud Access Security Broker Market Size

The global Cloud Access Security Broker market size was valued at USD 7.4 billion in 2022 and is expected to reach USD 24.4 billion by 2030, growing at a CAGR of 16.4% during the forecast period.

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Cloud Access Security Broker Market Catalysts for Expansion

The increasing adoption of cloud-based services, rising concerns about data security and privacy, and the need for compliance with regulatory requirements are driving the growth of the CASB market. Furthermore, the growing demand for cloud-based security solutions, the rise of remote work, and the increasing use of mobile devices are also contributing to the market's expansion.

Cloud Access Security Broker Market Segment Breakdown

The CASB market is dominated by key players such as:

Bitglass Inc.

Censornet

Forcepoint

Broadcom Corporation

McAfee LLC

Iboss

Lookout Inc.

Netskope

Microsoft Corporation

Proofpoint Inc.

Top Performing Companies

The top performing companies in the CASB market are categorized based on solution, service, enterprise size, and end-user:

By Solution

Control and Monitoring Cloud Services

Risk and Compliance Management

Data Security

Threat Protection

Others

By Service

Infrastructure as a Service (IaaS)

Platform as a Service (PaaS)

Software as a Service (SaaS)

By Enterprise Size

Large Enterprises

Small and Medium Enterprises (SMEs)

By End-User

BFSI

Government

Healthcare

IT and Telecommunication

Manufacturing

Retail and Consumer Goods

Education

Others

This Report is available for purchase on @ https://straitsresearch.com/buy-now/cloud-access-security-broker-market

Cloud Access Security Broker Market Emerging Prospects

The CASB market is expected to witness significant growth in the coming years, driven by emerging trends such as:

Increasing adoption of cloud-based services

Growing demand for cloud-based security solutions

Rise of remote work and mobile devices

Increasing concerns about data security and privacy

Need for compliance with regulatory requirements

Cloud Access Security Broker Market Industry Movements

The CASB market has witnessed several significant industry movements in recent years, including:

Partnerships and collaborations between key players

Mergers and acquisitions

Launch of new products and services

Expansion of existing product portfolios

Cloud Access Security Broker Market Geographic Analysis

The CASB market is segmented into several regions, including:

North America

Europe

Asia-Pacific

Latin America

Middle East and Africa

Each region is analyzed in terms of market size, growth prospects, and emerging trends.

Cloud Access Security Broker Market Data Insights

The CASB market report provides valuable data insights, including:

Market size and growth prospects

Emerging trends and opportunities

Competitive landscape and market share analysis

Regional analysis and country-level data insights

This comprehensive report provides businesses, investors, and stakeholders with a detailed understanding of the CASB market, enabling them to make informed decisions and stay ahead of the competition.