PUBLISHER: QKS Group | PRODUCT CODE: 1669219
PUBLISHER: QKS Group | PRODUCT CODE: 1669219
This product includes two reports: Market Share and Market Forecast.
QKS Group Reveals that the Cloud Access Security Broker (CASB) Market is Projected to Register a CAGR of Below Average by 2028 in Latin America.
In Latin America, the Cloud Access Security Broker (CASB) market is growing at a slower pace compared to other regions. Limited awareness of cloud security issues, combined with economic constraints and lower levels of digital transformation, are factors contributing to the slower adoption of CASB solutions. However, as more organizations in the region begin to understand the importance of cloud security and the risks associated with unsecured cloud environments, there is a gradual increase in the adoption of CASB tools. These solutions are being recognized for their ability to enhance data protection, enforce security policies, and ensure compliance with local and international regulations.
Quadrant Knowledge Solutions defines Cloud Access Security Broker (CASB) solution as "a sophisticated security solution designed to serve as a critical control point between cloud service users and cloud service providers, ensuring the secure usage of cloud applications and services. CASBs empower organizations to gain comprehensive visibility into cloud usage, enforce robust security policies, and protect sensitive data across cloud environments. By offering functionalities such as data loss prevention (DLP), identity and access management (IAM), encryption, and threat protection, CASBs secure access for authorized users while blocking unauthorized access in real-time."
QKS Group Reveals that the Cloud Access Security Broker (CASB) Market is Projected to Register a CAGR of Below Average by 2028 in Latin America.
The future of the CASB market in Latin America is cautiously optimistic. While current growth rates are modest, there is potential for acceleration as digital transformation initiatives gain momentum and businesses prioritize cloud security. The adoption of CASB solutions is expected to rise as organizations seek to protect their cloud environments from emerging threats and comply with evolving regulatory standards. Vendors targeting this market will need to focus on raising awareness and providing cost-effective solutions tailored to the unique needs of Latin American businesses. Over time, increased investment in IT infrastructure and cybersecurity will likely drive more robust growth in the region's CASB market.
Quadrant Knowledge Solutions defines Cloud Access Security Broker (CASB) solution as "a sophisticated security solution designed to serve as a critical control point between cloud service users and cloud service providers, ensuring the secure usage of cloud applications and services. CASBs empower organizations to gain comprehensive visibility into cloud usage, enforce robust security policies, and protect sensitive data across cloud environments. By offering functionalities such as data loss prevention (DLP), identity and access management (IAM), encryption, and threat protection, CASBs secure access for authorized users while blocking unauthorized access in real-time."