Cloud Access Security Broker (CASB) Market is set to expand at a 17.10% CAGR, growing from USD 17.750 billion in 2025 to USD 39.083 billion by 2030.
The market will experience growth due to the ease with which job tasks can be completed through shadow IT operations, the growing necessity for cloud computing, and the proliferation of cloud-based applications in small and medium-sized enterprises.
In addition, internalizing information technology security is expensive, which is why outsourcing cloud security services has emerged as a popular trend and is bolstering the market growth globally. Moreover, bringing about more security issues favorably impacts cloud access security brokers. Additionally, the market for cloud security has been stimulated by the increase in cyberattacks targeting cloud systems in the years ahead.
Many businesses outsource security services due to the growing need for cyber security, threat management, intrusion detection, and business protection. Other factors, such as web application security for access to the best tools in the security domain, continuous vulnerability assessment options, and cost-effectiveness due to the high cost of in-house security, are also driving the cloud access security broker market growth.
Additionally, many organizations are choosing to outsource security services to concentrate on their primary business operations. For example, in November 2022, Atos, a provider of high-performance computing and IT infrastructure, and Amazon Web Services, Inc. worked together to complete the digital transformation of Atos customers with large-scale infrastructure outsourcing contracts by increasing workload migrations to the cloud.
A cloud access security broker (CASB) can upgrade client involvement by offering secure and compliant access to cloud administrations, permitting companies to gain the benefits of cloud computing without compromising data security. CASB acts as a connection point between on-premises security and cloud-based services that enhance user security and experience, owing to which multiple organizations are adopting these solutions.
The ease of setting up software-as-a-service cloud storage solutions and cloud service providers' continued use of cloud-based applications are two factors that contribute to the high adoption of software-as-a-service in the service model. Software as a Service is also driven by scalability, lower costs, faster deployment, and mobility. Solutions for cloud access security brokers are, therefore, in great demand. Artificial intelligence also improves the SaaS model's essential features while upending it in a few different ways. Businesses can augment human capabilities, enhance security, better leverage data, and customize services by combining SaaS and AI.
Cloud access security brokers are vital tools for businesses that rely on cloud services. They provide a centralized solution for implementing security policies and compliance requirements across multiple cloud-based services. The shift in cloud-based solutions has increased the adoption of cloud access security brokers as organizations understand the importance of data security and compliance in cloud environments.
For instance, in November 2023, Alibaba Cloud released the availability of Salesforce Sales Cloud and Service Cloud on Alibaba Cloud. This changes the way service teams provide value to customers at every touchpoint, including customer experience, engagement, processes, automation, and service operations systems, as well as pre-built merged applications and ticket administration.
Due to the region's rapid expansion in the use of cloud services and growing concerns about data security, North America is anticipated to hold a significant portion of the market for cloud access security brokers. The United States and Canada, two significant North American countries, are investing to support their cybersecurity initiatives. To guarantee that every American reaps the benefits of a secure and encrypted digital ecosystem, the Biden-Harris Administration, for example, released the National Cybersecurity Strategy in March 2023. Additionally, In September 2022, the administration's bipartisan infrastructure act included a $1 billion investment to improve cybersecurity for local, state, tribal, and territory governments.
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
| Report Metric | Details |
| Cloud Access Security Broker Market Size in 2025 | USD 17.750 billion |
| Cloud Access Security Broker Market Size in 2030 | USD 39.083 billion |
| Growth Rate | CAGR of 17.10% |
| Study Period | 2020 to 2030 |
| Historical Data | 2020 to 2023 |
| Base Year | 2024 |
| Forecast Period | 2025 – 2030 |
| Forecast Unit (Value) | USD Billion |
| Segmentation |
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| Geographical Segmentation | North America, South America, Europe, Middle East and Africa, Asia Pacific |
| List of Major Companies in the Cloud Access Security Broker Market |
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| Customization Scope | Free report customization with purchase |
Cloud Access Security Broker Market is analyzed into the following segments: