Top 10 CASB Companies in Singapore 2025
The rise of cloud computing has accelerated the adoption of Cloud Access Security Brokers (CASBs) in Singapore, driven by increasing cybersecurity threats and regulatory compliance requirements. According to research, the global CASB market is projected to reach $6.88 billion by 2025, with a compound annual growth rate (CAGR) of 20.5%. In Singapore, businesses are increasingly leveraging CASB solutions to secure their cloud environments, with an expected market growth rate of 18% in the coming years. This report outlines the top 10 CASB companies in Singapore as of 2025.
1. McAfee
McAfee has established itself as a leading CASB provider in Singapore, holding approximately 18% market share. The company’s MVISION Cloud offers comprehensive security solutions, protecting data across multiple cloud platforms. McAfee reported a year-on-year revenue growth of 15% in its cloud security segment.
2. Microsoft
Microsoft’s Cloud App Security is a dominant player in Singapore’s CASB market, contributing to around 25% of the market share. The solution integrates seamlessly with Microsoft 365, providing visibility and control over cloud applications. Microsoft reported a 20% increase in Azure-related security revenues in the last fiscal year.
3. Cisco
Cisco’s Cloudlock is recognized for its advanced threat protection capabilities. The company holds a 15% market share in Singapore, emphasizing its focus on data security and compliance. Cisco has seen a consistent 10% growth in its security portfolio, driven by demand for CASB solutions.
4. Netskope
Netskope is known for its real-time data and threat protection for cloud services. It commands approximately 12% of the Singapore CASB market. The company has experienced a 25% increase in customer acquisition, reflecting the growing demand for its innovative solutions.
5. Symantec (Broadcom)
Symantec’s CloudSOC provides extensive visibility and protection for cloud applications, holding a market share of about 10% in Singapore. The company has reported a solid 12% growth in its cloud security business, as organizations prioritize data protection.
6. Palo Alto Networks
Palo Alto Networks offers its Prisma Cloud as a comprehensive CASB solution, capturing around 8% of the market share in Singapore. The company has witnessed a 30% increase in sales in the CASB segment, reflecting strong industry demand for its advanced security capabilities.
7. Bitglass
Bitglass has emerged as a strong competitor in the CASB landscape, holding a 7% market share in Singapore. The company recorded a 40% growth in its annual revenue, driven by its unique agentless technology that enhances user experience without compromising security.
8. CipherCloud
CipherCloud specializes in protecting sensitive data in the cloud, capturing a 5% market share in Singapore. The company’s revenue has increased by 15% over the last year, as more organizations seek to ensure compliance and data security.
9. Forcepoint
Forcepoint’s CASB solutions focus on user behavior analytics, holding approximately 4% of the market in Singapore. The company has reported a growth rate of 18% in its cloud security solutions, emphasizing its commitment to securing user data in the cloud.
10. Zscaler
Zscaler provides cloud-native security services, capturing about 3% of the CASB market in Singapore. The company has experienced a 35% revenue growth, driven by its innovative approach to secure direct-to-cloud connections and data protection.
Insights
The CASB market in Singapore is on an upward trajectory, driven by the increasing adoption of cloud services across various industries. The demand for robust security solutions to protect sensitive data in the cloud is more critical than ever. According to industry forecasts, the CASB market is expected to grow at a CAGR of 18% from 2023 to 2025 in Singapore, reflecting the urgency for businesses to enhance their security postures. Companies are increasingly investing in CASB solutions to meet regulatory compliance requirements while ensuring seamless access to cloud services, paving the way for future growth in this sector.
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