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South Korea Cloud Access Security Broker Market

ID: MRFR/ICT/60435-HCR
200 Pages
Aarti Dhapte
October 2025

South Korea 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

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South Korea Cloud Access Security Broker Market Infographic
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South Korea Cloud Access Security Broker Market Summary

As per MRFR analysis, the South Korea cloud access-security-broker market size was estimated at 250.0 USD Million in 2024. The South Korea cloud access-security-broker market is projected to grow from 284.35 USD Million in 2025 to 1030.0 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 13.74% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The South Korea cloud access-security-broker market is poised for robust growth driven by evolving regulatory demands and technological advancements.

  • The market is witnessing increased regulatory compliance as organizations adapt to stringent data protection laws.
  • Integration of advanced technologies, such as AI and automation, is becoming prevalent in cloud access-security-broker solutions.
  • The shift to hybrid and multi-cloud strategies is gaining momentum, with enterprises seeking flexibility and scalability.
  • Rising cybersecurity threats and the demand for data privacy solutions are key drivers propelling market expansion.

Market Size & Forecast

2024 Market Size 250.0 (USD Million)
2035 Market Size 1030.0 (USD Million)

Major Players

Microsoft (US), McAfee (US), Symantec (US), Palo Alto Networks (US), Cisco (US), CloudLock (US), Bitglass (US), CipherCloud (US)

South Korea Cloud Access Security Broker Market Trends

The cloud access-security-broker market in South Korea is experiencing notable growth, driven by increasing concerns over data security and regulatory compliance. Organizations are increasingly adopting cloud services, which necessitates robust security measures to protect sensitive information. As businesses migrate to cloud environments, the demand for solutions that provide visibility and control over data access is rising. This trend is further fueled by the need to comply with stringent data protection laws, which are becoming more prevalent in the region. The integration of advanced technologies such as artificial intelligence and machine learning into cloud access-security-broker solutions is also enhancing their effectiveness, making them more appealing to enterprises. In addition, the cloud access-security-broker market is witnessing a shift towards hybrid and multi-cloud strategies. Companies are looking for solutions that can seamlessly manage security across various cloud platforms. This trend indicates a growing recognition of the importance of flexibility and scalability in security solutions. As organizations continue to prioritize digital transformation, the cloud access-security-broker market is likely to evolve, adapting to the changing landscape of cybersecurity threats and compliance requirements. The future appears promising, with continuous innovation expected to drive further adoption of these critical security solutions.

Increased Regulatory Compliance

The cloud access-security-broker market is seeing heightened demand due to stricter regulatory frameworks in South Korea. Organizations are compelled to adopt solutions that ensure compliance with data protection laws, which enhances the need for effective security measures.

Integration of Advanced Technologies

There is a noticeable trend towards incorporating advanced technologies such as artificial intelligence and machine learning within cloud access-security-broker solutions. This integration enhances the ability to detect and respond to security threats in real-time.

Shift to Hybrid and Multi-Cloud Strategies

Organizations are increasingly adopting hybrid and multi-cloud strategies, which necessitate comprehensive security solutions. This trend reflects a growing understanding of the need for flexibility and scalability in managing security across diverse cloud environments.

South Korea Cloud Access Security Broker Market Drivers

Increased Cloud Adoption

The rapid adoption of cloud computing technologies in South Korea is a key driver for the cloud access-security-broker market. As businesses migrate to cloud platforms, the need for effective security solutions becomes paramount. According to recent data, approximately 80% of South Korean enterprises are expected to utilize cloud services by the end of 2025. This shift necessitates the implementation of cloud access-security-broker solutions to ensure data integrity and compliance with local regulations. The growing reliance on cloud infrastructure creates a fertile ground for security providers, as organizations seek to protect their assets from potential vulnerabilities. Consequently, the cloud access-security-broker market is likely to witness substantial growth, driven by the increasing demand for secure cloud environments.

Rising Cybersecurity Threats

The cloud access-security-broker market in South Korea is experiencing growth due to the increasing frequency and sophistication of cyber threats. Organizations are compelled to adopt robust security measures to protect sensitive data stored in the cloud. In 2025, it is estimated that cybercrime could cost the global economy over $10 trillion annually, prompting South Korean businesses to invest in cloud access security solutions. This trend indicates a heightened awareness of the need for comprehensive security frameworks, which are essential for safeguarding cloud environments. As a result, the demand for cloud access-security-broker services is likely to surge, as companies seek to mitigate risks associated with data breaches and unauthorized access. The market is thus positioned for significant expansion as organizations prioritize cybersecurity in their digital transformation strategies.

Regulatory Landscape Evolution

The evolving regulatory landscape in South Korea significantly impacts the cloud access-security-broker market. With the introduction of stricter data protection laws, organizations are required to enhance their security measures to comply with legal standards. The Personal Information Protection Act (PIPA) mandates that businesses implement adequate security protocols to safeguard personal data. This regulatory pressure is driving the adoption of cloud access-security-broker solutions, as companies strive to meet compliance requirements. In 2025, it is anticipated that the market for cloud access-security-broker services will expand as organizations invest in technologies that facilitate adherence to these regulations. The need for compliance not only enhances security but also fosters consumer trust, further propelling market growth.

Integration of AI and Automation

The integration of artificial intelligence (AI) and automation technologies into security frameworks is emerging as a crucial driver for the cloud access-security-broker market. In South Korea, organizations are increasingly leveraging AI to enhance their security posture and streamline operations. By automating threat detection and response processes, businesses can significantly reduce the time required to address security incidents. This trend is expected to gain momentum in 2025, as more companies recognize the efficiency and effectiveness of AI-driven security solutions. The cloud access-security-broker market stands to benefit from this technological advancement, as organizations seek to implement sophisticated security measures that can adapt to evolving threats. The potential for AI to transform security operations is likely to catalyze further investment in cloud access-security-broker services.

Demand for Data Privacy Solutions

In South Korea, the increasing emphasis on data privacy is a significant driver for the cloud access-security-broker market. As consumers become more aware of their data rights, businesses are compelled to adopt stringent privacy measures. The cloud access-security-broker market is positioned to benefit from this trend, as organizations seek solutions that ensure data protection and compliance with privacy regulations. In 2025, it is projected that the demand for data privacy solutions will continue to rise, leading to an increased reliance on cloud access-security-broker services. This shift reflects a broader societal trend towards prioritizing individual privacy, which in turn influences corporate strategies and investments in security technologies.

Market Segment Insights

By Deployment Model: Cloud-Based (Largest) vs. On-Premises (Fastest-Growing)

In the South Korea cloud access-security-broker market, the distribution of market share between Cloud-Based and On-Premises deployment models showcases the dominance of the Cloud-Based segment. Organizations are increasingly adopting cloud solutions due to their flexibility, scalability, and reduced operational costs. This model allows businesses to easily access advanced security features without significant upfront investments often associated with On-Premises systems. As a result, the Cloud-Based segment holds the largest share of the market. Conversely, the On-Premises model is emerging as the fastest-growing segment within the South Korea cloud access-security-broker market. This growth is primarily driven by the escalating concerns over data privacy and security among organizations. Companies, especially in sensitive industries, are investing in robust on-premises solutions to maintain greater control over their data. As businesses prioritize security, the On-Premises model is rapidly gaining traction, indicating a shift in some sectors towards more traditional deployment methods.

Deployment Model: Cloud-Based (Dominant) vs. On-Premises (Emerging)

The Cloud-Based deployment model is characterized by its ability to offer scalable resources and easy integration with existing cloud services, making it a preferred choice for businesses aiming for rapid digital transformation. Its features, such as lower capital expenditure and access to the latest security updates, position it as a dominant force in the South Korea cloud access-security-broker market. On the other hand, the On-Premises model is emerging as a viable alternative for organizations concerned with compliance, control, and data sovereignty. This model allows enterprises to keep sensitive information within their own infrastructure, appealing to industries like finance and healthcare, where data security is pivotal. As both models evolve, they serve distinct needs in the market, demonstrating the diverse preferences of organizations in their security approach.

By Application: Data Loss Prevention (Largest) vs. Threat Protection (Fastest-Growing)

In the South Korea cloud access-security-broker market, Data Loss Prevention (DLP) holds the largest market share among application segments, showcasing its critical importance in safeguarding sensitive information. Meanwhile, Threat Protection is emerging as the fastest-growing segment, driven by increasing cyber threats and the need for advanced security solutions. Compliance Management and Identity and Access Management also contribute to the market, but their shares are comparatively smaller. The growth trends in this segment are propelled by heightened regulatory requirements and a rising awareness among organizations about data security and privacy. As businesses increasingly adopt cloud services, the demand for sophisticated security measures like Threat Protection is surging. This is further amplified by the necessity for integrating robust Compliance Management solutions to meet legal standards, thereby enhancing the overall security posture within organizations.

Data Loss Prevention: Dominant vs. Threat Protection: Emerging

Data Loss Prevention (DLP) is a dominant force in the South Korea cloud access-security-broker market, focusing on preventing sensitive data breaches and ensuring compliance with regulations. It encompasses a range of technologies that monitor and protect data through encryption and access controls. As organizations prioritize data privacy, DLP stands out as essential in their security strategies. Conversely, Threat Protection is gaining traction as an emerging segment, driven by an increase in sophisticated cyber threats. This application leverages advanced analytics and machine learning to detect and respond to threats in real-time. As cyber-attacks evolve, the adoption of Threat Protection solutions is expected to grow rapidly, aligning with organizational needs for more resilient security infrastructures.

By Industry Vertical: Banking, Financial Services and Insurance (Largest) vs. Healthcare (Fastest-Growing)

The South Korea cloud access-security-broker market exhibits a diverse segmentation, with Banking, Financial Services and Insurance commanding the largest market share. This sector's dominance can be attributed to the increasing digital transformation efforts among financial institutions, seeking to enhance security measures against rising cyber threats. In contrast, the Healthcare sector is witnessing rapid adoption of cloud access-security solutions, driven by a growing need to secure sensitive patient data in an increasingly digital health landscape, which contributes to its status as the fastest-growing segment. Growth trends in the South Korea cloud access-security-broker market reflect a robust demand for enhanced security across various industry verticals. With the Banking, Financial Services and Insurance sector investing heavily in technology to bolster security frameworks, the market is likely to maintain its leading position. Meanwhile, the Healthcare segment's emergence is further fueled by regulatory pressures and the growing trend towards telemedicine, which necessitates secure access to cloud services. This dual dynamic fosters an increasingly competitive landscape, promoting innovation in security solutions for both sectors.

Banking, Financial Services and Insurance (Dominant) vs. Healthcare (Emerging)

The Banking, Financial Services and Insurance sector stands out as a dominant player in the South Korea cloud access-security-broker market, characterized by substantial investments in advanced security technologies and a comprehensive approach to risk management. Firms within this sector prioritize compliance and data protection, often implementing multi-layered security protocols to safeguard sensitive financial information. In contrast, the Healthcare sector, an emerging player, is focusing on rapid implementation of cloud security measures, driven by the urgent need to protect patient information amid increasing digitalization. This sector is adapting quickly to new compliance requirements and redefining its security strategies to counteract potential breaches, making it an attractive area for growth and innovation.

By Organization Size: Medium Enterprises (Largest) vs. Small Enterprises (Fastest-Growing)

In the South Korea cloud access-security-broker market, Medium Enterprises hold the largest market share, showcasing substantial demand for cloud security solutions. This segment benefits from robust investments in IT infrastructure and an increased focus on data protection. In contrast, Small Enterprises, while smaller in market share, are rapidly adopting cloud access security to safeguard their growing digital operations. The growth trends in this segment are driven primarily by an escalating need for advanced cybersecurity measures across businesses of all sizes. As digital transformation accelerates, Small Enterprises are emerging as the fastest-growing segment, fueled by the need to comply with regulatory requirements and protect sensitive data. The increasing availability of scalable cloud solutions has also made it easier for smaller organizations to implement effective security measures without significant upfront costs.

Medium Enterprises: Dominant vs. Small Enterprises: Emerging

Medium Enterprises are positioned as the dominant force in the South Korea cloud access-security-broker market, capitalizing on their mature operational structures and readiness to invest in advanced security solutions. These organizations typically have higher budgets and dedicated teams focused on cybersecurity, allowing them to implement comprehensive cloud security strategies efficiently. On the other hand, Small Enterprises, identified as the emerging segment, are rapidly increasing their adoption of cloud security tools, driven by a need for affordable, easy-to-deploy solutions. Despite their smaller size, these organizations are agile and can quickly adapt to the latest security trends, making them significant players in the evolving market landscape.

Get more detailed insights about South Korea Cloud Access Security Broker Market

Key Players and Competitive Insights

The cloud access-security-broker market in South Korea is characterized by a dynamic competitive landscape, driven by increasing demand for secure cloud services and the growing complexity of cyber threats. Major players such as Microsoft (US), McAfee (US), and Palo Alto Networks (US) are strategically positioned to leverage their technological expertise and extensive resources. Microsoft (US) focuses on integrating advanced AI capabilities into its security offerings, enhancing user experience and threat detection. Meanwhile, McAfee (US) emphasizes partnerships with local firms to tailor solutions that meet specific regional needs, thereby strengthening its market presence. Palo Alto Networks (US) adopts a proactive approach by investing in research and development to innovate its security solutions, which collectively shapes a competitive environment that is both collaborative and aggressive.

Key business tactics employed by these companies include localizing their services and optimizing supply chains to enhance operational efficiency. The market appears moderately fragmented, with several key players exerting influence over various segments. This structure allows for a diverse range of offerings, catering to different customer needs while fostering healthy competition among established and emerging players.

In October 2025, Microsoft (US) announced the launch of its new cloud security suite, which integrates AI-driven analytics to provide real-time threat detection and response capabilities. This strategic move is significant as it positions Microsoft (US) at the forefront of innovation in the cloud security space, potentially attracting a broader customer base seeking advanced security solutions. The emphasis on AI not only enhances the effectiveness of their offerings but also aligns with the growing trend of digital transformation across industries.

In September 2025, McAfee (US) expanded its partnership with a leading South Korean telecommunications provider to deliver customized security solutions tailored for local enterprises. This collaboration is crucial as it allows McAfee (US) to penetrate deeper into the South Korean market, addressing specific security challenges faced by businesses in the region. By leveraging local expertise, McAfee (US) enhances its competitive edge and builds trust with potential clients.

In August 2025, Palo Alto Networks (US) acquired a cybersecurity startup specializing in cloud-native security solutions. This acquisition is indicative of the company's commitment to expanding its portfolio and enhancing its capabilities in the rapidly evolving cloud security landscape. By integrating innovative technologies from the startup, Palo Alto Networks (US) is likely to strengthen its market position and offer more comprehensive solutions to its customers.

As of November 2025, the competitive trends in the cloud access-security-broker market are increasingly defined by digitalization, sustainability, and the integration of AI technologies. Strategic alliances among key players are shaping the landscape, fostering innovation and collaboration. Looking ahead, competitive differentiation is expected to evolve, with a shift from price-based competition to a focus on technological innovation and supply chain reliability. Companies that prioritize these aspects are likely to gain a competitive advantage in an increasingly complex market.

Key Companies in the South Korea Cloud Access Security Broker Market market include

Industry Developments

Office 365 and third-party SaaS can monitor cloud app usage, enforce session-level controls, and enforce DLP thanks to Defender for Cloud Apps (its CASB offering), which Microsoft Korea formally enabled in the Korea South Azure region in early 2024.Defender for Cloud Apps is now compatible with Korea's kISMSP framework as of July 2025.

In the meantime, as part of its Asia-Pacific expansion, Palo Alto Networks expanded its presence in South Korea by hiring technical staff in Seoul from February to April 2024, indicating an interest in providing Prisma Access CASB services locally.Cisco Systems' Security Cloud products, such as Secure Cloud Analytics with CASB modules, were established in Korea by the middle of 2024. This allowed South Korean businesses to identify unusual SaaS usage and provide unified governance across hybrid environments.

At the same time, Korean businesses continued to use McAfee's Skyhigh Networks CASB platform in 2023–2024, especially in regulated industries like manufacturing and finance, by utilizing its behavior-based regulations and API-level SaaS inspection.Zscaler has provided inline and API-based CASB enforcement for Korean enterprises transitioning to cloud-native operations as part of its continuous Asia-Pacific deployment. These services are facilitated by regional partner networks.These advancements demonstrate how Microsoft, Palo Alto Networks, Cisco, McAfee, Zscaler, and others are aggressively extending CASB capabilities that are especially suited to South Korea's cloud security and regulatory environment.

Future Outlook

South Korea Cloud Access Security Broker Market Future Outlook

The cloud access-security-broker market is projected to grow at a 13.74% CAGR from 2024 to 2035, driven by increasing cloud adoption, regulatory compliance, and enhanced security needs.

New opportunities lie in:

  • Development of AI-driven security analytics tools for real-time threat detection.
  • Integration of advanced identity management solutions to streamline user access.
  • Expansion into vertical-specific solutions for finance and healthcare sectors.

By 2035, the market is expected to achieve robust growth, reflecting evolving security demands.

Market Segmentation

South Korea Cloud Access Security Broker Market Application Outlook

  • Data Loss Prevention
  • Compliance Management
  • Threat Protection
  • Identity and Access Management

South Korea Cloud Access Security Broker Market Deployment Model Outlook

  • Cloud-Based
  • On-Premises

South Korea Cloud Access Security Broker Market Industry Vertical Outlook

  • Banking, Financial Services and Insurance
  • Healthcare
  • IT and Telecommunications
  • Retail

South Korea Cloud Access Security Broker Market Organization Size Outlook

  • Small Enterprises
  • Medium Enterprises
  • Large Enterprises

Report Scope

MARKET SIZE 2024 250.0(USD Million)
MARKET SIZE 2025 284.35(USD Million)
MARKET SIZE 2035 1030.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 13.74% (2024 - 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 Million
Key Companies Profiled Microsoft (US), McAfee (US), Symantec (US), Palo Alto Networks (US), Cisco (US), CloudLock (US), Bitglass (US), CipherCloud (US)
Segments Covered Deployment Model, Application, Industry Vertical, Organization Size
Key Market Opportunities Growing demand for enhanced data protection drives innovation in the cloud access-security-broker market.
Key Market Dynamics Rising demand for enhanced data protection drives innovation in cloud access security broker solutions in South Korea.
Countries Covered South Korea

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FAQs

What is the expected market size of the South Korea Cloud Access Security Broker Market in 2024?

The South Korea Cloud Access Security Broker Market is expected to be valued at 173.04 million USD in 2024.

What will the market size be by 2035?

By 2035, the market size is projected to reach 688.16 million USD.

What is the expected CAGR for the South Korea Cloud Access Security Broker Market from 2025 to 2035?

The expected CAGR for the South Korea Cloud Access Security Broker Market is 13.372% during the forecast period from 2025 to 2035.

Which deployment model will dominate the market in 2024?

The Cloud-Based deployment model is expected to dominate the market with a value of 104.0 million USD in 2024.

What will the market value be for On-Premises deployment in 2035?

The On-Premises deployment model is anticipated to reach a value of 268.16 million USD by 2035.

Who are the major players in the South Korea Cloud Access Security Broker Market?

Major players in the market include Zscaler, Netskope, Forcepoint, and Cisco among others.

What is the anticipated value of the Cloud-Based market segment in 2035?

The Cloud-Based segment is expected to grow to 420.0 million USD by 2035.

What challenges might the South Korea Cloud Access Security Broker Market face?

The market may face challenges related to compliance and data security as it continues to expand.

How is the South Korea market for Cloud Access Security Brokers expected to grow compared to other regions?

The South Korea market is expected to grow significantly due to increased cloud adoption and data security concerns.

What are some emerging trends in the South Korea Cloud Access Security Broker Market?

Emerging trends include increased investment in automated security solutions and growing demand for real-time data protection.

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