The demand within the global market for cloud access security brokers has been rising on account of the growing need for cyber security across multiple industries, finds Transparency Market Research (TMR). The vendors existing in the global market for cloud access security brokers have made ardent efforts to convince the consumers of the credibility of their services. Cloud-based services have gained popularity across the globe, and the vendors have shown fructuousness in leveraging this trend to their advantage. A number of new vendors have lately entered into the global market for cloud access security brokers market, and each of them are on a quest to maximize their revenues.
The global market for cloud access security is expected to witness an outstanding level of competition amongst the market players over the coming years. This projection can be explained in terms of the voluminous demand for cloud services across multiple industries. The market vendors are focusing on earning key rewards by capturing the markets of large industries and sectors. Furthermore, the medium-sized vendors existing in the global market for cloud access security brokers are also expected to resort to mergers and acquisitions.
A report by Transparency Market Research (TMR) predicts that the global market for cloud access security brokers would expand at a whopping CAGR of 16.7% over the period between 2016 and 2024. Furthermore, the global market for cloud access security brokers was valued at US$ 3,371.4 Mn in 2015, and this figure is expected to increase to US$ 13,218.5 Mn by 2024. On the basis of software type, the demand for cloud-based services has been rising at a robust rate. Based on geography, the market for cloud access security brokers in North America has attracted a large consumer base in recent times.
Get PDF brochure for Industrial Insights and business Intelligence @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=8833
Need for Cyber Security to Aid Market Growth
Storage of key information and data pertaining to companies, governments, and organisations needs to be backed with a strong net of security. Since cloud services offer enhanced security of storage, the demand within the global market for cloud access security services has been rising at a robust rate. Furthermore, the popularity of cloud software for storing huge amounts of data has also resulted in an increase in demand for cloud access security services. On-premise solutions within cloud deployment have also gained traction across a multitude of industries. Therefore, there is no contention about the fact that the global cloud access security services market would expand at a stellar rate in the years to come.
Measures to Counter Data Leakage Propel Demand
The global market for cloud access security services has suffered a few setbacks due to a few loopholes in the execution of cloud services. However, the software industry has undergone rapid advancements and has resolved all the issues pertaining to cloud deployment. For this reason, the demand within the global market for cloud access security services has been escalating at a robust pace in recent times. Data has become the most important asset for companies and organisations, and this has necessitated prevention of data leakage. Hence, it is safe to expect that the global market for cloud access security brokers market would expand at a skyrocketing pace in the years to come.
The review is based on TMR’s report titled “Cloud Access Security Brokers Market (Cloud Deployment Type: SaaS, PaaS, IaaS; Software Type: Cloud-based, On-premise; Software Solution: Control & Monitoring, Risk & Compliance Management, Cloud Data Encryption, Data Leakage Prevention, Tokenization; Services: Consulting, System Integration, Operation & Maintenance) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024”.
The global market for cloud access security brokers market can be segmented on the basis of the following parameters:
Cloud Access Security Brokers Market, by Cloud Deployment Type
- Software as a Service (SaaS)
- Platform as a Service (PaaS)
- Infrastructure as a Service (IaaS)
Cloud Access Security Brokers Market, by Components
- Software
- Cloud-based
- Control and Monitoring
- Risk & Compliance Management
- Cloud Data Encryption
- Data Leakage Prevention
- Tokenization
- On-premise
- Control and Monitoring
- Risk & Compliance Management
- Cloud Data Encryption
- Data Leakage Prevention
- Tokenization
- Services
- Consulting
- System Integration
- Operation and Maintenance
- Cloud-based
Purchase our Premium Research Report at: https://www.transparencymarketresearch.com/checkout.php?rep_id=8833<ype=S
About Us
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.
Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.
Contact Us
USA – Canada Toll Free: 866-552-3453
Email: [email protected]
