9.1.2.1Vertical

Cloud Access Security Brokers (CASB)

Platforms enforcing security policy between users and cloud services.

Market snapshot

These figures describe Cloud Security (9.1.2), the segment that Cloud Access Security Brokers (CASB) sits within — not Cloud Access Security Brokers (CASB) on its own.

FragmentationConsolidatingEstimate

Cloud security is a fast-growing cybersecurity sub-category within software publishing (NAICS 513210) and is not separately disclosed by the Census Bureau, so the segment is not separately sized here.

Business model & economics

Revenue model

Cloud-security platform SaaS subscriptions

Key economics

Recurring revenue
High

recurring cloud-security subscriptions

EBITDA margin
Strong

scaled SaaS economics

Capex intensity
Low

Characteristics

  • CSPM/CWPP converging into CNAPP platforms.
  • Led by Wiz (Google ~$32B), Prisma Cloud, Orca.
  • Among the hottest, most-invested security segments.

M&A deal context

Deal activityHigh

Who’s acquiring

  • Hyperscalers & security platforms
  • Security majors
  • VC- and PE-backed vendors

What’s driving deals

  • Cloud migration and multi-cloud complexity.
  • CNAPP platform consolidation.
  • Mega-deal M&A (Wiz).

Find Cloud Access Security Brokers (CASB) acquisition targets

Search Acquisera’s index for companies classified under Cloud Access Security Brokers (CASB) (9.1.2.1) and build a targeted deal pipeline.

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