Cloud Access Security Brokers Market Report: Trends, Forecast and Competitive Analysis to 2030

Cloud Access Security Brokers Market Report: Trends, Forecast and Competitive Analysis to 2030

Cloud Access Security Brokers Trends and Forecast

The future of the global cloud access security brokers market looks promising with opportunities in the IT and telecom, BFSI, healthcare, government and public sector, and retail markets. The global cloud access security brokers market is expected to reach an estimated $20.9 billion by 2030 with a CAGR of 15.8% from 2024 to 2030. The major drivers for this market are rising demand for remote working policies, increasing integration of advanced technologies like machine learning and data analytics, and high adoption of cloud-based applications.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Cloud Access Security Brokers by Segment

The study includes a forecast for the global cloud access security brokers by enterprise size, component, end use, and region.

Cloud Access Security Brokers Market by Enterprise Size [Shipment Analysis by Value from 2018 to 2030]:

• Large Enterprise
• SMEs

Cloud Access Security Brokers Market by Component [Shipment Analysis by Value from 2018 to 2030]:

• Solution
• Services

Cloud Access Security Brokers Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• IT and Telecom
• Bfsi
• Healthcare
• Government And Public Sector
• Retail
• Others

Cloud Access Security Brokers Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Cloud Access Security Brokers Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies cloud access security brokers companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the cloud access security brokers companies profiled in this report include-

• Broadcom
• Skyhigh Networks
• Proofpoint
• Zscaler
• Microsoft Corporation
• Lookout
• Cisco Systems
• Palo Alto Networks
• Iboss Cybersecurity
• Netskope

Cloud Access Security Brokers Market Insights

Lucintel forecasts that large enterprise will remain the larger segment over the forecast period due to growing need for transformation of their processes effectively to implement cloud services.

Within this market, IT and Telecom will remain the largest segment due to their high cloud participation of IT and telecom sector companies.

North America will remain the largest region over the forecast period due to increasing presence of cloud and security vendors, such as microsoft corporation, cisco systems and broadcom in the region.

Features of the Global Cloud Access Security Brokers Market

Market Size Estimates: Cloud access security brokers market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Cloud access security brokers market size by enterprise size, component, end use, and region in terms of value ($B).

Regional Analysis: Cloud access security brokers market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different enterprise sizes, components, end uses, and regions for the cloud access security brokers market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the cloud access security brokers market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q.1 What is the cloud access security brokers market size?

Answer: The global cloud access security brokers market is expected to reach an estimated $20.9 billion by 2030.

Q.2 What is the growth forecast for cloud access security brokers market?

Answer: The global cloud access security brokers market is expected to grow with a CAGR of 15.8% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the cloud access security brokers market?

Answer: The major drivers for this market are rising demand for remote working policies, increasing integration of advanced technologies like machine learning and data analytics, and high adoption of cloud-based applications.

Q4. What are the major segments for cloud access security brokers market?

Answer: The future of the cloud access security brokers market looks promising with opportunities in the IT and telecom, BFSI, healthcare, government and public sector, and retail markets.

Q5. Who are the key cloud access security brokers market companies?

Answer: Some of the key cloud access security brokers companies are as follows:

• Broadcom
• Skyhigh Networks
• Proofpoint
• Zscaler
• Microsoft Corporation
• Lookout
• Cisco Systems
• Palo Alto Networks
• Iboss Cybersecurity
• Netskope

Q6. Which cloud access security brokers market segment will be the largest in future?

Answer: Lucintel forecasts that large enterprise will remain the larger segment over the forecast period due to growing need for transformation of their processes effectively to implement cloud services.

Q7. In cloud access security brokers market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to increasing presence of cloud and security vendors, such as microsoft corporation, cisco systems and broadcom in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the cloud access security brokers market by enterprise size (large enterprise and SMEs), component (solution and services), end use (IT and telecom, BFSI, healthcare, government and public sector, retail, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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