[139 Pages Report The cloud access security brokers market size is estimated to grow from USD 3.34 Billion in 2015 to USD 7.51 Billion by 2020, at an estimated compound annual growth rate (CAGR) of 17.6%.

The report aims at estimating the market size and future growth potential of market across different segments, such as solution, service, service model, organization size, vertical, and region. The base year considered for the study is 2014 and the forecast period is from 2015 to 2020. The increasing adoption of cloud-based applications such as Office 365, Salesforce, Google Apps, Box, and others by the end-users, SMBs, and the large enterprises is expected to play a key role in fueling the growth of the market during the forecast period.

The research methodology used to estimate and forecast the cloud access security brokers market begins with capturing data from key vendor revenues through secondary research. The vendor offerings are also taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the overall market size of the global market from the revenue of key players in the market. After arriving at the overall market size, the total market was split into several segments and sub-segments, which are then verified through primary research by conducting extensive interviews with key people, such as CEOs, VPs, directors, and executives. This data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and sub-segments. The breakdown of profiles of primary is depicted in the below figure:

The key vendors providing cloud HPC services are:

Control and Monitoring cloud services: Imperva, Bitglass, Adallom, and others.

Risk and Compliance Management: CloudLock, Protegrity, CloudMask, and others.

Data Security: CipherCloud, CloudLock, Netskope, Skyhigh Networks, and others.

Threat Protection: CloudLock, Skyhigh Networks, Bitglass, Palerra, and others.

Target audience

Software Providers

Service Providers

Market Research and Consulting Firms

Head of IT and Operations in Organizations

Investors and Venture Capitalists

Business Intelligence Providers

Scope of the Report

The market study covers the cloud access security brokers market on the basis of solutions, services, service models, organization size, verticals, and regions.

By Solution:

Control and Monitoring Cloud Services

Risk and Compliance Management

Data Security Encryption Tokenization Data Leakage Prevention

Threat Protection

By Service:

Professional Service

Support, Training, and Maintenance

By Service Model:

Infrastructure as a Service

Platform as a Service

Software as a Service

By Organization size:

Small and Medium Businesses (SMBs)

Large Enterprises

By Vertical:

Banking, Financial Services, and Insurance (BFSI)

Education

Government

Healthcare and Life Sciences

Manufacturing

Retail and Wholesale

Telecommunication and IT

Others

By Region:

North America

Europe

Asia-Pacific (APAC)

RoW

Available Customizations

With the given market data, MarketsandMarkets offer customization as per the company�s specific needs. The following customization options are available for the report:

Product Analysis

Product matrix which gives a detailed comparison of product portfolio of each company

Geographic Analysis

Further breakdown of the North America market

Further breakdown of the Europe market

Further breakdown of the APAC market

Further breakdown of the RoW comprising Middle East and Africa (MEA) and Latin America cloud access security brokers market

Company Information

Detailed analysis and profiling of additional market players

MarketsandMarkets forecast the cloud access security brokers market size to grow from USD 3.34 Billion in 2015 to USD 7.51 Billion by 2020, at a compound annual growth rate (CAGR) of 17.6%. The major drivers of this market include control data loss, real-time monitoring capabilities, and increasing adoption of cloud-based applications.

The cloud access security brokers enable enterprises to integrate the external data loss prevention systems to prevent unauthorized access of data. In addition, the enterprises assisted in monitoring uploaded, downloaded, and shared information in real time. Enterprises are adopting the SaaS applications due to the benefits of reduced cost, faster deployment, mobility, and scalability. The SaaS offerings enable the enterprises to access and store critical business data and sensitive information on cloud.

The data security solution segment is expected to have the largest market share in the cloud access security brokers market. This solution segment is contributing significantly in the market due to the growth of complex applications and increasing workloads. Currently enterprises need to follow the regulatory compliance to monitor and control their data irrespective of the location. The data security solution segment is the core segment that prevents any kind of data leakage while moving from one place to another.

SaaS service model in the cloud access security brokers market is expected to have the largest market in terms of size, during the forecast period. The major reason for the high adoption of SaaS among the service model is the increase usage of the cloud-based applications from the cloud service providers. However, the SaaS applications might contain malicious activities that may cause significant data loss. The cloud access security brokers solutions helps in minimizing the loss of data through control and regular monitoring of the cloud-based applications and cloud services.

Support, training, and maintenance service market is expected to grow at the highest rate during the forecast period. Every cloud access security broker vendor is equipped with a support team to serve customers globally. Online support, live chat, other real-time support options, and community portals are established where clients can exchange ideas with people in other organizations.

North America is expected to have the largest cloud access security brokers market share and will dominate the market from 2015 to 2020 owing to innovations through research and development and technology and increasing demand for business flexibility and agility. The market is expected to experience huge growth in Asia-Pacific (APAC) due to improved technology, cost efficiency, scalability, and improved productivity.

Major factors that are restraining the growth of the market are surviving the hype cycle and the risk of information loss market. The major vendors in the cloud access security brokers market include Imperva, Bitglass, CloudLock, CipherCloud, Skyhigh Networks, Netskope, Protegrity, Adallom, Perspescys, and CloudMask. These players adopted various strategies such as new product launches, mergers, partnerships, collaborations, agreements, and business expansions to expand their product portfolio and to increase their global footprint in the market.