How big is the cloud access security broker market | Trends 2031

Q: What is the current size of the cloud access security broker market?

The cloud access security broker market was valued at USD 4.2 billion in 2024 and is projected to reach USD 10.8 billion by 2031.

Q: What is the growth rate of the cloud access security broker market?

The cloud access security broker market is expected to grow at a CAGR of 14.4% during the forecast period.

Q: Which applications contribute the most in the cloud access security broker market?

Data loss prevention, identity and access management, cloud data encryption, and threat protection.

Q: What is driving demand in the cloud access security broker market?

Rising cloud adoption, regulatory compliance needs, shadow IT concerns, and increasing cyberattacks.

Q: What challenges does the cloud access security broker market face?

Deployment complexity, lack of skilled cybersecurity professionals, and integration with legacy systems.

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Code: MTA5281

Publication Date: Jul 2025

How big is the Cloud Access Security Broker Market?

According to 6Wresearch internal database and industry insights, the Global Cloud Access Security Broker (CASB) Market was valued at approximately USD 4.2 billion in 2024 and is projected to reach USD 10.8 billion by 2031, growing at a CAGR of 14.4%.

This growth is driven by increasing cloud adoption across enterprises, rising concerns over data security, and the need for regulatory compliance in cloud environments.

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Key Growth Drivers of the Cloud Access Security Broker Market

Growing use of cloud services across industries leading to increased security vulnerabilities
Need for visibility and control over shadow IT and unauthorized applications
Regulatory mandates for data protection, especially in BFSI, healthcare, and government sectors
Rising cybersecurity threats like data breaches, ransomware, and insider attacks
Integration of CASB with identity and access management (IAM) and endpoint protection platforms

Cloud Access Security Broker Market Trends

The CASB market is witnessing rapid adoption of AI and machine learning-powered risk detection tools. Organizations are increasingly deploying multi-mode CASBs to provide API-based and proxy-based protection. There is a shift toward cloud-native, platform-agnostic security solutions. SMEs are showing growing interest in subscription-based CASB services. North America dominates the market, while Asia-Pacific is growing due to digital transformation initiatives and evolving compliance frameworks.

Emerging Developments in the Cloud Access Security Broker Market

New developments include context-aware access control, behavior analytics, and zero-trust security models integrated into CASB platforms. Vendors are offering unified security solutions combining CASB, secure web gateway (SWG), and cloud firewall in SASE frameworks. Open API ecosystems and cloud-native integrations are streamlining deployment and scalability. Cross-industry collaborations are enhancing CASB tools for hybrid and multi-cloud environments.