Market Highlights: Cloud Access Security Brokers (CASB) is a software service between the cloud provider’s and an organization's on-premises infrastructure. It enables the organization to extend the range of its security policies beyond its own infrastructure. It delivers data management, security, automatic malware prevention, and others. According to IBM, in 2017, data breaches dropped by nearly 25 percent but there was 424% jump in breaches related to misconfigured cloud infrastructure owing to human errors. Thus increasing number of cyber-attacks driving the need for CASB services. In addition, increasing adoption in small and medium enterprises and technological advancement in the software industry boosting the demand for CASB services. The market study is being classified by Type (Control and Monitoring Cloud Services, Risk and Compliance Management, Data Security and Threat Protection), by Application (Banking, Financial Services, and Insurance (BFSI), Education, Government, Healthcare and Life Sciences, Manufacturing, Retail and Wholesale, Telecommunication and IT and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Cloud Access Security Brokers are Imperva (United States), Bitglass (United States), CloudLock (United States), CipherCloud (United States), Skyhigh Networks (United States), Netskope (United States), Protegrity (United States), Symantec (United States), Adallom (United States), Oracle Corporation (United States), CensorNet (United Kingdom), CloudMask (Canada) and Proofpoint, Inc. (United States).
Major Market Development Highlights 12th February 2019, Symantec security products and solutions provider acquire Luminate Security, Israel a software-defined perimeter and zero trust innovator to extend the power of integrated cyber defense in the cloud generation. 1st March 2019, Symantec added new integrations with IBM, Amazon Web Services (AWS), Microsoft, and dozens of other companies and their security tools to its platform. Symantec announced that 120 organizations now are members of the Technology Integration Partner Program and can access the Integrated Cyber Defense (IDC) platform.
Key Questions Answered in the Report What will the Cloud Access Security Brokers Market size and the growth rate be in Future? What are the key factors driving the Cloud Access Security Brokers Market? What are the key market trends and macro-economic impacting the growth of the Cloud Access Security Brokers Market? What are the challenges to market growth? Who are the key vendors in the Cloud Access Security Brokers Market? What are the market opportunities and threats faced by the vendors in the Cloud Access Security Brokers Market? Trending factors influencing the market shares of the Players. What are the key outcomes of the five forces analysis of the Cloud Access Security Brokers Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Cloud Access Security Brokers market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Cloud Access Security Brokers market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Software Providers, Service Providers, Market Research and Consulting Firms, Head of IT and Operations in Organizations, Investors and Venture Capitalists, Business Intelligence Providers, Government Organizations and Others. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.