Transparency
Market Research Reports incorporated a definite business overview and
investigation inclines on " Cloud
Access Security Brokers Market". This report likewise
incorporates more illumination about fundamental review of the
business including definitions, requisitions and worldwide business
sector industry structure.
IT
solutions being deployed over cloud is increasingly becoming a
pervasive trend across industry sectors. Cloud computing enables
companies or enterprises to share resources, software and data
information from a pool of resources and storage place, facilitating
the companies to access the required data or resource on demand
basis. This maximizes the efficient use of resources, and reduces the
burden on company’s infrastructure. Users can access cloud
computing services using devices such as laptops, desktop computers,
smartphones, tablets and or any Ethernet enabled device. Cloud
computing providers offer services with different models such as
Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and
Software as a Service (SaaS).
The
cloud computing has benefited organizations by reducing their
infrastructure costs, and further allowing the enterprises to focus
on their core competency But there have been some key concerns faced
by cloud users relating to data security and privacy, especially when
the data is sensitive to enterprise. This has created a major need
for security of cloud access to prevent and protect the vital data
and other information accessed or stored on the cloud. Thus, cloud
access security broker (CASB) service is gaining high demand in the
market to protect organization’s essential and sensitive data.
Loss
of information or leakage of valuable data to competitors or any
other third party has affected the organization’s competitive
advantage or business directly or indirectly, thus, hampering their
revenues. Furthermore, companies nowadays are focused on dedicating
their resources on core competencies and outsourcing the IT solutions
to mitigate the intense competition. To gain organization’s
confidence in cloud computing services, CASB market is gaining
attention to protect data breach or data loss. Further, the
capabilities of CASB of real time monitoring have added to the demand
for CASB. The fast development of cloud-based applications is another
factor driving the CASB market.
The
growing acceptance of organizations to cloud computing services in
the coming years, creates vast opportunities for CASB to explore
Telecom and IT, healthcare, and banking financial services and
insurance (BFSI) are projected to be the key growth markets for CASB
due to increasing shift to cloud computing occurring in these
sectors. SMEs will be another potential opportunity for CASB to
explore in coming years, as the usage of cloud computing by SMEs has
grown rapidly. Still the market poses certain challenges for the
cloud computing and hence the CASB market, due to the lack of
awareness in some industry sectors affecting the switch to cloud
services.
Depending
on the organization’s requirement, the major CASB solutions
offered include risk and compliance management, control and
monitoring cloud services, data security and threat protection. Key
industry sectors for CASB market include telecommunication and IT,
banking, financial services and insurance, government, education,
healthcare and life sciences, retail and wholesale, manufacturing and
others.
Some
of the key companies operating in cloud access security brokers
market include Bitglass Inc., Cloudlock, Imperva Inc., Protegrity USA
Inc., Adallom Inc., Netskope, Skyhigh Networks, Cloudmask, CensorNet
Ltd., CipherCloud, FireLayers Inc., Palerra Inc., Palo Alto Networks,
Vaultive Inc., and Blue Coat Systems (Perspecsys Inc.)
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