Global Cloud Access Security Brokers Market Share, Growth factors, Segmentation, Joint Ventures, and market Outlook 2027
Cloud Access Security Brokers Market was valued at US$ 7.66 Bn. in 2020. Global Cloud Access Security Brokers Market size is estimated to grow at a CAGR of 18.11 %.
Global Cloud Access Security Brokers Market research assesses the market's primary characteristics based on supply, demand, feasibility, and current trends. Forecasts for the years 2022-2027 are also included in the Global Cloud Access Security Brokers Market research. Based on statistical data and in-depth research, the Global Cloud Access Security Brokers report estimates and forecasts potential growth in the Global Cloud Access Security Brokers market at each point in time, taking into account both qualitative and quantitative values of major factors such as historical, current, and future trends. The research looks at both the existing Global Cloud Access Security Brokers market and the worldwide market's prospects. The report also includes a thorough review of company execution, market share, and cost analysis data.
In order to address security flaws in the business' use of cloud services, cloud access security brokers (CASB) are marketed as services and products. The requirement to protect cloud services that are being approved at a noticeably higher rate, access to them from users both inside and beyond the traditional corporate edge, as well as rising direct cloud-to-cloud connection, gave rise to the cloud access security broker (CASB) technology. In contrast to existing security controls like secure web gateways (SWGs), web application firewalls (WAFs), and enterprise firewalls, they offer distinctive, cloud-specific capabilities that are typically not included as features.
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We cover all areas of the market in our study. Positive qualities, restrictions, potential, and challenges are all examined in depth in the study, with all data coming from press releases and annual reports. The study's purpose is to suggest a patent-based technique for identifying potential technology partners as a means of supporting open innovation. Users can take additional steps in their organization's growth or improvement by using the report's market share analysis and comparison of the major companies.
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Market Key companies:
• Skyhigh Networks
• Microsoft Cloud App Security
• Palo Alto Networks, Inc.
• Vaultive Inc.
• Fortinet, Inc
Infrastructure as a Service, Platform as a Service, and Software as a Service are the market segments for cloud access security brokers. The Software as a Service (SaaS) category, which was valued at US$ Bn in 2020, is anticipated to grow at a CAGR of 19% from 2020 to 2027 to reach US$ bn. A third-party provider hosts the programme and makes it accessible to customers through the Internet under the SaaS model of software distribution. However, harmful behaviours that could result in significant data loss may be present in the SaaS applications. Solutions from cloud access security brokers assist in reducing data loss by regular control and monitoring of cloud services and cloud-based applications.
This Global Cloud Access Security Brokers Market study also includes product sales forecasts, which can help market players launch new goods and avoid costly mistakes. It indicates which aspects of the business need to be improved in order for the company to succeed. It's also simple to detect fresh possibilities to stay one step ahead of the competition; this market research study includes the most recent trends to assist in bringing the company to market and gaining a considerable edge. A review of the brand's summary, overview, market revenue, and financial analysis from the top vendors in the Global Cloud Access Security Brokers industry is one of the report's most important sections.
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