DUBLIN, Dec. 16, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/sdc554/cloud_access) has announced the addition of the "Cloud Access Security Brokers Market by Solution & Service - Global Forecast to 2020" report to their offering.
This industry 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 cloud access security broker 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.
Cloud access security brokers assists the enterprises 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.
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 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 cloud access security brokers 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 cloud access security broker are surviving the hype cycle and the risk of information loss market.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Cloud Access Security Brokers Market Analysis, By Solution
8 Cloud Access Security Brokers Market Analysis, By Service
9 Cloud Access Security Brokers Market Analysis, By Service Model
10 Cloud Access Security Brokers Market Analysis, By Organization Size
11 Cloud Access Security Brokers Market Analysis, By Vertical
12 Geographic Analysis
13 Competitive Landscape
14 Company Profiles
- Skyhigh Networks
For more information visit http://www.researchandmarkets.com/research/sdc554/cloud_access
Laura Wood, +353-1-481-1716, firstname.lastname@example.org
SOURCE Research and Markets