The analyst is predicting a sixfold increase over the next two years, because big business want to protect their burgeoning cloud infrastructures.
Only 10 percent of large enterprises are employing the products of a CASB vendor right now. But the CASB market itself has seen mass consolidation over recent years – with Microsoft, Oracle, Cisco, Symantec and Palo Alto Networks all acquiring CASB vendors to enter the space.
Gartner puts as the CASB market leader as Sky High Networks, which was recently acquired by McAfee.
It provides a gateway between an organisation’s on-premise infrastructure and a cloud provider’s infrastructure.
Gartner said the demand for CASB products will stem from a “need to secure the significantly increased adoption of cloud services and access to them from users both within and outside the traditional enterprise perimeter”.