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US Cloud Access Security Broker Market Research Report: By Deployment Model (Cloud-Based, On-Premises), By Application (Data Loss Prevention, Compliance Management, Threat Protection, Identity and Access Management), By Industry Vertical (Banking, Financial Services and Insurance, Healthcare, IT and Telecommunications, Retail) and By Organization Size (Small Enterprises, Medium Enterprises, Large Enterprises) - Forecast to 2035


ID: MRFR/ICT/17174-HCR | 100 Pages | Author: Garvit Vyas| December 2023

US Cloud Access Security Broker Market Overview:


As per MRFR analysis, the US Cloud Access Security Broker Market Size was estimated at 1.31 (USD Billion) in 2023. The US Cloud Access Security Broker Market Industry is expected to grow from 1.5(USD Billion) in 2024 to 6 (USD Billion) by 2035. The US Cloud Access Security Broker Market CAGR (growth rate) is expected to be around 13.431% during the forecast period (2025 - 2035).


Key US Cloud Access Security Broker Market Trends Highlighted


The US Cloud Access Security Broker market is experiencing significant growth driven by an increased focus on data privacy and regulatory compliance. Organizations in the United States are adopting Cloud Access Security Brokers to ensure that their cloud services meet necessary legal obligations, particularly those related to data protection laws like the Health Insurance Portability and Accountability Act (HIPAA) and the General Data Protection Regulation (GDPR). As more businesses move to cloud services, the demand for advanced security solutions to monitor and protect data and applications is on the rise.

This trend emphasizes the importance of having robust security measures in place to manage risks associated with cloud adoption.Moreover, opportunities are expanding with the growing integration of artificial intelligence and machine learning in these security solutions. These technologies are essential for detecting and responding to threats in real-time, enabling organizations to safeguard sensitive information more effectively. As businesses look to automate their security processes, providers of Cloud Access Security Brokers that harness these advanced technologies are likely to capture substantial market share.

Recent trends highlight an increasing awareness and understanding among organizations about the cybersecurity landscape and the critical need for effective security measures tailored for cloud environments.Initiatives by the US government to strengthen cybersecurity, such as the Cybersecurity Framework offered by the National Institute of Standards and Technology (NIST), underscore the urgency for organizations to adopt comprehensive security strategies. Furthermore, the shift towards remote work has accentuated the need for secure access to cloud applications, further driving demand for Cloud Access Security Brokers. As these trends continue to evolve, the market is set to expand, reflecting the growing need for secure cloud environments in the United States.


US Cloud Access Security Broker Market size

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


US Cloud Access Security Broker Market Drivers


Increasing Cybersecurity Threats


In the United States, there has been a significant increase in cybersecurity threats, with the FBI's Internet Crime Complaint Center reporting a 300% rise in reported cybercrimes since 2020. This alarming trend necessitates the deployment of advanced security solutions, including Cloud Access Security Brokers (CASBs). As organizations migrate increasingly sensitive data to the cloud, they become more vulnerable to data breaches, ransomware attacks, and other malicious activities.Companies such as Microsoft and Cisco have ramped up their investments in CASB solutions to provide comprehensive threat protection, which is a direct response to the growing complexity of cybersecurity threats facing U.S. businesses. With regulations like the Health Insurance Portability and Accountability Act and the Sarbanes-Oxley Act compelling organizations to uphold data integrity and security, the demand for CASB services is expected to continue its upward trajectory in the US Cloud Access Security Broker Market Industry.


Regulatory Compliance Requirements


The increasing need for compliance with strict regulatory frameworks in the United States is a major driver of the US Cloud Access Security Broker Market. Laws such as the General Data Protection Regulation in Europe and the California Consumer Privacy Act have stringent requirements that organizations must adhere to. According to the National Institute of Standards and Technology, companies face an average fine of $3.75 million for non-compliance with data protection regulations.Consequently, organizations are investing more heavily in CASB solutions to help them meet these regulatory standards and avoid hefty penalties. Major players like IBM and Oracle have developed CASB solutions specifically designed to ensure compliance with evolving legal frameworks, further propelling growth in this market.


Cloud Adoption and Digital Transformation


The rapid adoption of cloud services and digital transformation initiatives among U.S. organizations significantly fuels the growth of the US Cloud Access Security Broker Market. A survey by the International Data Corporation indicated that 90% of U.S. companies expanded their use of public cloud services in recent years. This massive shift creates an urgent demand for security solutions that can monitor and safeguard cloud environments effectively.Companies such as Amazon Web Services and Google Cloud are continuously enhancing their cloud services, leading to the proliferation of CASB solutions that protect data and applications in the cloud. As businesses undertake digital transformation to stay competitive, they are increasingly recognizing the need for robust security measures, thereby driving demand for CASBs.


US Cloud Access Security Broker Market Segment Insights:


Cloud Access Security Broker Market Deployment Model Insights


The Deployment Model segment of the US Cloud Access Security Broker Market plays a crucial role in shaping the landscape of cloud security solutions in this region. One significant aspect of this segment is the distinction between cloud-based and on-premises deployment models. Cloud-based solutions have witnessed a surge in popularity in the US as organizations increasingly shift towards cloud environments to enhance their operational efficiency. This trend is driven by the growing requirements for scalable, flexible, and cost-effective security solutions to protect sensitive data across increasingly complex cloud infrastructures.

On the other hand, on-premises models maintain their relevance, particularly among enterprises with stringent compliance requirements and legacy systems that necessitate data to remain within their controlled environments. The duality of these deployment models provides businesses with the necessary flexibility to align their security strategies with their specific operational needs. Moreover, with the advent of advanced technologies such as artificial intelligence and machine learning, both deployment models are evolving to offer more robust security measures against a backdrop of increasing cyber threats.The US Cloud Access Security Broker Market revenue is significantly bolstered by these deployment preferences, reflecting the broader trend of digital transformation across industries.

Understanding these models is essential as they significantly influence market growth, address security concerns, and create opportunities for innovation in the rapidly evolving cloud security space. Furthermore, trends indicate that as organizations continue to prioritize security, the balance between cloud-based and on-premises solutions will shift, allowing companies to harness the full potential of both models while addressing the complexities of modern cybersecurity challenges.The challenges faced by enterprises in ensuring data privacy and regulatory compliance further underscore the importance of understanding the nuances within these deployment models, reflecting a broader trend in the US Cloud Access Security Broker Market data. Overall, the Deployment Model segment is fundamental in defining the strategies employed by organizations within the US as they navigate their unique security requirements in the cloud-centric world.


US Cloud Access Security Broker Market segment

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Cloud Access Security Broker Market Application Insights


The US Cloud Access Security Broker Market has shown significant growth, particularly in the Application segment, which is becoming increasingly integral to organizational security strategies. Among these critical components, Data Loss Prevention plays a vital role in safeguarding sensitive information from unauthorized access and leakage, thus ensuring compliance and trust. Compliance Management remains a key focus area as businesses strive to adhere to regulatory requirements in a complex digital landscape, ensuring that data handling practices comply with various laws.

Protection continues to gain importance as cyber threats evolve, enabling companies to proactively defend against various attacks. Furthermore, Identity and Access Management is becoming increasingly significant, allowing organizations to systematically regulate user access to sensitive information, ensuring that only authorized personnel can interact with critical data. The combined strength of these components not only enhances the US Cloud Access Security Broker Market but also reflects a broader trend towards prioritizing security and compliance in the digital age.As organizations increasingly rely on cloud solutions, the demand for robust Application functionalities will continue to grow, aligning with industry efforts to create safer and more compliant work environments.


Cloud Access Security Broker Market Industry Vertical Insights


The US Cloud Access Security Broker Market, particularly within the Industry Vertical segment, reflects a growing recognition of the need for enhanced security protocols across various sectors. The Banking, Financial Services and Insurance domain is critical due to its sensitive data requirements, driving demand for robust security frameworks. In Healthcare, with rising digital health initiatives, protecting patient information is increasingly significant, positioning security brokers as essential providers.

The IT and Telecommunications industry continually evolves, facing unique security challenges, making cloud access security a fundamental aspect of operational integrity.Retail, meanwhile, grows in digital transactions, requiring advanced protection against cyber threats to maintain customer trust. Each of these sectors emphasizes compliance and security, showcasing the importance of the US Cloud Access Security Broker Market in safeguarding digital information across diverse applications, ultimately supporting the industry's growth and innovation.


Cloud Access Security Broker Market Organization Size Insights


The Organization Size segment within the US Cloud Access Security Broker Market showcases a diverse landscape that encompasses Small Enterprises, Medium Enterprises, and Large Enterprises. As businesses increasingly adopt cloud services, the significance of Cloud Access Security Brokers in safeguarding sensitive data continues to expand. Small Enterprises often prioritize cost-effective solutions to mitigate risks while maintaining compliance with regulatory frameworks. In contrast, Medium Enterprises seek scalable solutions that adapt to rapid growth and evolving cybersecurity threats.

Large Enterprises, with their extensive data handling and complex environments, leverage advanced technologies and tailored services to manage security at scale. Collectively, these organizations are propelling market growth, driven by the rising demand for cloud security solutions. The challenges faced across these segments, such as resource limitations for small players and intricate security needs for large corporations, present unique opportunities for innovative service providers. As the US market evolves, addressing the specific needs of each organization size will be vital in capturing a significant share of this expanding industry.


US Cloud Access Security Broker Market Key Players and Competitive Insights:


The US Cloud Access Security Broker Market is characterized by a dynamic landscape of providers aiming to meet the growing demand for security solutions in an increasingly cloud-centric world. As organizations migrate more of their critical workloads to cloud environments, the role of Cloud Access Security Brokers (CASBs) becomes pivotal in ensuring secure access, compliance, and data protection. This market has seen significant entries and expansions as companies leverage innovative technologies to address complex challenges, including data loss prevention, threat detection, and user activity monitoring. Competitive insights reveal that firms within this sector are not only focused on enhancing their product offerings but are also exploring strategic partnerships and collaborations to strengthen their market position.

The competitive strategies employed by key players emphasize agility and responsiveness to shifting regulatory requirements and emerging cyber threats. Netskope stands out in the US Cloud Access Security Broker Market by offering a comprehensive and adaptive security platform designed to address the nuances of cloud environments. The company capitalizes on its strengths by providing extensive visibility into user activities across various cloud applications. Netskope's platform supports advanced data protection measures, including real-time monitoring and threat intelligence capabilities, putting it at the forefront of security solutions for enterprises. The company has effectively positioned itself as a trusted partner for organizations seeking to navigate the complexities of cloud security.

Its focus on user-centric security and integration with existing IT infrastructures further enhances its competitive edge, allowing Netskope to capture a significant share of the market while maintaining a strong reputation among its clientele.Zscaler, another key player in the US Cloud Access Security Broker Market, offers a robust suite of solutions designed to secure user access to cloud applications and protect sensitive data. The company emphasizes its cloud-native architecture, which supports seamless scalability and performance, catering to enterprises of various sizes across multiple sectors. Zscaler's key products include Zscaler Internet Access and Zscaler Private Access, providing organizations with secure, direct access to applications and resources without the need for traditional network security appliances.

The firm's strengths lie in its ability to streamline security deployment while delivering optimal user experiences. Zscaler has also been active in pursuing strategic mergers and acquisitions, thereby reinforcing its capabilities and market presence in the US. These strategic moves enhance Zscaler's offerings and position it as a formidable entity within the cloud security landscape, allowing it to effectively address the needs of customers looking for scalable and efficient security solutions in a cloud-driven world.


Key Companies in the US Cloud Access Security Broker Market Include:



  • Netskope

  • Zscaler

  • CloudGuard

  • McAfee

  • Cisco

  • CipherCloud

  • IBM

  • Bitglass

  • Microsoft

  • CloudLock

  • Dome9

  • CybSafe

  • Palo Alto Networks

  • Symantec

  • ForcePoint


US Cloud Access Security Broker Market Industry Developments


The US Cloud Access Security Broker Market is witnessing significant developments, with a heightened focus on integrating security protocols due to the rise in remote work and digital transformation initiatives. Recently, in September 2023, Netskope announced a strategic partnership with Cisco, enhancing their security offerings in cloud environments. In August 2023, Zscaler expanded its infrastructure with a new data center in Virginia, aimed at optimizing user experience for East Coast clients. Notable mergers include Cisco acquiring the security unit of CloudLock in October 2022, strengthening its position in the CASB market. Additionally, IBM's acquisition of the AI cybersecurity firm, CybSafe, in November 2022 underscores the ongoing trend towards AI-driven security solutions. The market is projected to reach a valuation exceeding USD 12 billion by 2024 due to increased investment in cybersecurity measures. This growth is driven by escalating data breaches and the need for businesses to protect sensitive information across cloud applications. Other significant players like Palo Alto Networks and McAfee are also enhancing their service portfolios, reflecting a more robust market landscape focused on comprehensive security solutions.


US Cloud Access Security Broker Market Segmentation Insights


Cloud Access Security Broker Market Deployment Model Outlook



  • Cloud-Based

  • On-Premises


Cloud Access Security Broker Market Application Outlook



  • Data Loss Prevention

  • Compliance Management

  • Threat Protection

  • Identity and Access Management


Cloud Access Security Broker Market Industry Vertical Outlook



  • Banking

  • Financial Services and Insurance

  • Healthcare

  • IT and Telecommunications

  • Retail


Cloud Access Security Broker Market Organization Size Outlook



  • Small Enterprises

  • Medium Enterprises

  • Large Enterprises

Report Scope:
Report Attribute/Metric Source: Details
MARKET SIZE 2018 1.31(USD Billion)
MARKET SIZE 2024 1.5(USD Billion)
MARKET SIZE 2035 6.0(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR) 13.431% (2025 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
MARKET FORECAST PERIOD 2025 - 2035
HISTORICAL DATA 2019 - 2024
MARKET FORECAST UNITS USD Billion
KEY COMPANIES PROFILED Netskope, Zscaler, CloudGuard, McAfee, Cisco, CipherCloud, IBM, Bitglass, Microsoft, CloudLock, Dome9, CybSafe, Palo Alto Networks, Symantec, ForcePoint
SEGMENTS COVERED Deployment Model, Application, Industry Vertical, Organization Size
KEY MARKET OPPORTUNITIES Growing demand for regulatory compliance, Increasing adoption of cloud services, Rising cybersecurity threats and incidents, Need for improved data protection, Enhanced visibility and control over cloud usage
KEY MARKET DYNAMICS Growing cloud adoption, Increasing security breaches, Regulatory compliance requirements, Integration with existing infrastructures, Demand for real-time monitoring
COUNTRIES COVERED US


Frequently Asked Questions (FAQ) :

The US Cloud Access Security Broker Market is expected to be valued at 1.5 USD Billion in 2024.

By 2035, the US Cloud Access Security Broker Market is anticipated to reach a value of 6.0 USD Billion.

The market is projected to grow at a CAGR of 13.431% from 2025 to 2035.

The Cloud-Based segment of the market is valued at 0.9 USD Billion in 2024.

The On-Premises segment is expected to reach 2.4 USD Billion in 2035.

Key players in the market include Netskope, Zscaler, CloudGuard, McAfee, and Cisco among others.

The Cloud-Based segment is projected to dominate with a value of 3.6 USD Billion by 2035.

The market presents opportunities driven by increasing cloud adoption and cybersecurity concerns.

Challenges include data privacy issues and compliance with regulatory standards that may impact growth.

The global scenario may influence market dynamics through varying demand for security solutions in the cloud.

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