How Has The Cloud Access Security Broker (CASB) Market Performed and What is its Future Outlook?
The cloud access security broker (CASB) market has seen impressive growth in recent years, expanding from $13.33 billion in 2024 to an estimated $15.65 billion in 2025, representing a compound annual growth rate (CAGR) of 17.4%. This growth can be attributed to increased cybersecurity concerns, regulatory compliance requirements, shift to remote work environments, increased complexity of cloud environments, and mobile device proliferation. The CASB market size is predicted to see exponential growth, reaching an estimated $32.98 billion in 2029 at a compound annual growth rate (CAGR) of 20.5%. The forecasted growth can be attributed to compliance with data privacy regulations, increasing emphasis on insider threat prevention, granular visibility, and control enhancement, compliance automation and governance. Major trends include data loss prevention (DLP), cross-platform integration, API security, zero trust architecture, and security collaboration in cloud-based tools.
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What Are The Key Drivers of The Cloud Access Security Broker (CASB) Market?
The significant increase in the number of cloud-based apps in small and medium-sized organizations is fueling the growth of the CASB market. The demand for cloud-based apps such as email hosting, file storage, office software, security applications, finance, or accounting software, and enterprise database hosting, among others, is encouraging organizations to apply CASB to regulate cloud consumption across devices and cloud apps, thereby defending against threats and ensuring information safety.
What Are The Major Segments of The Cloud Access Security Broker (CASB) Market?
1) Solution: Control and Monitoring Cloud Services, Risk and Compliance Management, Data Security, Threat Protection, Other Solutions.
2) Service: Infrastructure as a Service, Platform as a Service, Software as a Service.
3) Enterprise Size: Large Enterprises, Small and Medium Enterprises (SMEs).
4) Application Areas: Governance, Risk, and Compliance, Data Security, Application Security, Other Application Areas.
5) End Use: Banking, Financial Services, and Insurance, Government, Healthcare, IT And Telecom, Manufacturing, Retail And Consumer Goods, Education, Other End Users.
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Who Are The Major Players in The Cloud Access Security Broker (CASB) Market?
Major companies operating in the cloud access security broker (CASB) market include Protegrity Inc, Skyhigh Security, Microsoft Corporation, Cisco System Inc, Forcepoint LLC, Broadcom Corporation, Imperva Inc, Proofpoint Inc, Lookout Inc, Zscaler Inc, Vaultive Inc, Fortinet Inc, Oracle Corporation, Happiest Minds, VMware Inc, Bitglass Inc, CipherCloud Inc, IBM Managed Cloud Services, McAfee LLC, F5 Networks Inc, Check Point Software Technologies, Verizon Enterprise Solutions, The Hewlett Packard Enterprise Company, CyberArk Software Ltd, SentinelOne Inc, Splunk Inc, Sonrai Security, Palo Alto Networks Inc, Qualys Inc, Trend Micro Inc.
What Are The Emerging Trends in The Cloud Access Security Broker (CASB) Market?
Technological innovations like cloud-native CASB solutions, data loss prevention (DLP), and identity as a service (IDaaS) are the key trends gaining traction in the CASB market. These advancements are enabling organizations to maintain control over user access and providing sophisticated rules that regulate who has permission for what apps.
Which Region Dominates The Global Cloud Access Security Broker (CASB) Market?
North America was the largest region in the CASB market in 2024, with the market report also covering Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, Africa.
Define Cloud Access Security Broker (CASB) Market: What are the key Insights Offered in The Report for 2025?
A cloud access security broker (CASB) is a software application that serves as an intermediary between an organization’s network and a cloud provider’s infrastructure. A CASB regulates cloud consumption across devices and cloud applications, guards against threats, and ensures regulatory compliance and data protection. The Cloud Access Security Broker (CASB) Market research report from The Business Research Company offers a global market size overview, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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