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

South Korea Cloud Access Security Broker Market Overview

As per MRFR analysis, the South Korea Cloud Access Security Broker Market Size was estimated at 152.6 (USD Million) in 2023.The South Korea Cloud Access Security Broker Market is expected to grow from 173.04(USD Million) in 2024 to 688.16 (USD Million) by 2035. The South Korea Cloud Access Security Broker Market CAGR (growth rate) is expected to be around 13.372% during the forecast period (2025 - 2035)

Key South Korea Cloud Access Security Broker Market Trends Highlighted

The market for cloud access security brokers in South Korea is expanding significantly due to growing privacy and data security concerns. As they embrace cloud solutions, South Korean businesses are realizing how important strong security measures are.The need for security brokers that offer visibility and control over cloud services is growing as more South Korean businesses move to cloud-based apps. The necessity for Cloud Access Security Brokers is further fueled by South Korea's legal environment, especially the regulations requiring cybersecurity and data protection.

The government's drive for digital transformation in a number of areas is supporting this trend and increasing reliance on cloud technology. As companies look to maintain adherence to strict standards while promoting innovation, new opportunities are opening up.Solutions that provide smooth integration with current IT infrastructure and improve cloud access and usage management are becoming more and more popular. In order to improve their security posture and effectively satisfy compliance obligations, organizations are looking into partnering with Cloud Access Security Brokers.

Artificial intelligence and machine learning are becoming more prevalent in South Korean Cloud Access Security Broker services, according to recent developments. The goal of this integration is to increase the overall efficacy of security measures by automating threat detection and response.Furthermore, a growing emphasis on user experience offers service providers the chance to create platforms that are easier to use and more intuitive, meeting the changing demands of enterprises. As businesses continue to place a high priority on security as they move toward full cloud adoption, the South Korean market for cloud access security brokers is expected to expand.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

South Korea Cloud Access Security Broker Market Drivers

Increasing Adoption of Cloud Services in South Korea

The rapid adoption of cloud computing services in South Korea is a significant driver for the South Korea Cloud Access Security Broker Market. According to data from the Ministry of Science and ICT, the country's cloud service market is expected to reach USD 5.9 billion by 2025, reflecting an annual growth rate of around 15.4%.

Major companies such as Samsung and LG are heavily investing in cloud infrastructure, which necessitates enhanced security measures to protect sensitive data. This creates a strong market for Cloud Access Security Brokers as organizations seek to secure their cloud deployments.Moreover, the increasing number of small and medium enterprises adopting cloud services for their operations further contributes to the robust growth of the Cloud Access Security Broker Market in South Korea.

Rising Concerns Over Data Breaches and Cybersecurity Threats

As cybersecurity threats escalate globally, South Korea is facing increasing concerns over potential data breaches. The Korean National Police Agency reported a 213% increase in cybercrime incidents in the last three years, highlighting a critical need for enhanced data security solutions.

High-profile breaches have led to the establishment of stricter regulatory frameworks governing data protection, pushing organizations to adopt Cloud Access Security Broker solutions to ensure compliance. In addition, companies like SK Telecom are developing advanced security protocols, which further drives the demand for Cloud Access Security Brokers to mitigate risks associated with data integrity and privacy.

Supportive Government Initiatives for Digital Transformation

The South Korean government is actively promoting digital transformation through various initiatives, including investments in cloud computing and related technologies. The Korean Digital New Deal program aims to invest over USD 27 billion by 2025 in digital infrastructure, including cloud services.

These initiatives are expected to bolster the South Korea Cloud Access Security Broker Market as enterprises pursue compliance with new regulations and strengthen their cybersecurity measures.Prominent organizations in the technology sector, such as Naver and Kakao, are leveraging this support to enhance their cloud security capabilities, thereby creating avenues for growth in the Cloud Access Security Broker Market in South Korea.

Growing Regulatory Compliance Requirements

Regulations around data protection and privacy are tightening in South Korea, driving organizations to adopt comprehensive cloud security solutions. The Personal Information Protection Act (PIPA), which enforces strict guidelines on personal data handling, has led companies to seek Cloud Access Security Brokers to ensure adherence and avoid heavy penalties.

The Korea Internet & Security Agency has indicated that over 70% of organizations are increasing their cybersecurity budgets in response to these compliance requirements. This trend fosters a growing demand for Cloud Access Security Broker solutions, as firms recognize the importance of safeguarding sensitive information while maintaining regulatory compliance in an evolving digital landscape.

South Korea Cloud Access Security Broker Market Segment Insights

Cloud Access Security Broker Market Deployment Model Insights

The South Korea Cloud Access Security Broker Market is increasingly defined by its Deployment Model, which primarily comprises Cloud-Based and On-Premises segments. The growing emphasis on data security has propelled organizations in South Korea to adopt Cloud-Based solutions, primarily driven by their scalability, cost-effectiveness, and enhanced security features.

This model allows businesses to streamline their operations while ensuring that sensitive data is managed with a high degree of oversight. Cloud-Based options are particularly favored among small to medium-sized enterprises in South Korea, where budget constraints compel a shift towards more flexible solutions that cloud service providers can offer.

On the other hand, On-Premises deployments remain significant, especially among large enterprises and organizations that prioritize stringent control over their infrastructure due to regulatory concerns. These businesses often opt for On-Premises solutions to meet compliance requirements or manage sensitive data that cannot be entrusted to third-party providers.

Moreover, South Korea's robust information technology infrastructure and government initiatives in advancing digital transformation play a crucial role in the adoption of both Deployment Models. With increasing cyber threats, the demand for comprehensive security solutions has risen, creating opportunities for both Cloud-Based and On-Premises services to flourish.

As businesses become more aware of the importance of integrated security strategies, the Cloud Access Security Broker Market segmentation will continue to evolve, addressing diverse customer needs in the South Korean market. Market statistics indicate that consumer demand is expected to shape the evolution of deployment types, further driving innovation and operational efficiency.The Cloud-Based model is particularly advantageous for organizations looking to enhance collaboration and efficiency, while the On-Premises model often provides a more tailored approach to security compliance and data residency.

Overall, the push towards cloud solutions coupled with the enduring need for stringent on-premises capabilities represents a dynamic landscape in the South Korea Cloud Access Security Broker Market, which is poised for robust growth in the coming years as organizations aim to balance flexibility with regulatory requirements.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Cloud Access Security Broker Market Application Insights

The South Korea Cloud Access Security Broker Market is witnessing significant growth in its Application segment, which encompasses various crucial functions including Data Loss Prevention, Compliance Management, Threat Protection, and Identity and Access Management. Each of these areas plays a vital role in enhancing the security posture of organizations as they increasingly adopt cloud services.

Data Loss Prevention solutions help organizations safeguard sensitive information, making them critical in preventing data breaches. Compliance Management ensures that businesses align with regulations, which is particularly significant in South Korea, where data privacy laws are becoming more stringent.

Threat Protection focuses on identifying and mitigating risks from malicious attacks, ensuring business continuity amid rising cyber threats. Meanwhile, Identity and Access Management is essential for regulating user permissions and safeguarding against unauthorized access.

The robust demand for these applications reflects a broader trend towards improving organizational security frameworks, highlighting the importance of integrating security within cloud operations.As more South Korean enterprises recognize the necessity of maintaining security and compliance in their cloud environments, the significance of these applications in the Cloud Access Security Broker Market continues to grow.

Cloud Access Security Broker Market Vertical Insights

The South Korea Cloud Access Security Broker Market has witnessed significant evolution, driven by the increasing demand for secure cloud solutions across various industry verticals. The banking, financial services and insurance sector emphasizes stringent regulatory compliance and customer data protection, making it a crucial player in the adoption of cloud access security solutions.

In the healthcare sector, the need for safeguarding sensitive patient information and ensuring compliance with health regulations positions it as a major focus area within this market. The IT and telecommunications industry, characterized by rapid technological advancements, increasingly relies on cloud access security brokers to protect data integrity and foster innovation.

Retail, which has rapidly adopted digital transformation, faces challenges in safeguarding consumer data while enhancing customer experience, underscoring the importance of robust cloud security measures.Each of these industry verticals contributes to shaping the market and highlights the growing need for effective security solutions as organizations increasingly migrate to the cloud in South Korea, driven by both regulatory and customer demands. The diverse challenges and opportunities present across these sectors further fuel the South Korea Cloud Access Security Broker Market's dynamics.

Cloud Access Security Broker Market Organization Size Insights

The Organization Size segment of the South Korea Cloud Access Security Broker Market showcases a diverse landscape that is essential for understanding customer needs and market dynamics. Small Enterprises represent a critical faction within this segment, as they increasingly adopt cloud solutions to enhance their cybersecurity measures, driven by the need for affordable and efficient solutions.

Medium Enterprises are significant players as well, often seeking comprehensive service offerings that can scale according to their evolving demands. This segment is characterized by the strong need for advanced security features to protect sensitive data while maintaining regulatory compliance.Large Enterprises dominate the market, fueled by high investments in technology and diverse operational requirements, and this group frequently focuses on robust integration capabilities and sophisticated security measures.

The South Korean government actively promotes the growth of digital transformation across all business sizes, thereby creating a conducive environment for Cloud Access Security Broker solutions. Overall, each organization size presents unique challenges and opportunities, contributing to the overall growth and innovation in the South Korea Cloud Access Security Broker Market.

South Korea Cloud Access Security Broker Market Key Players and Competitive Insights

The South Korea Cloud Access Security Broker Market is experiencing significant growth driven by the increasing adoption of cloud services and the need for enhanced security solutions. Organizations in the region are focusing on protecting sensitive data while ensuring compliance with local regulations, leading to a robust demand for cloud access security services.The competitive landscape is characterized by several players that offer a range of solutions designed to address the unique challenges faced by enterprises in managing their cloud environments. This market is evolving rapidly, with companies continually innovating and adapting to ensure their offerings remain aligned with the dynamic cloud ecosystem.

As businesses pivot towards digital transformation, the scrutiny on security and compliance remains paramount, marking the competitive insights in this sector as crucial for sustaining market presence and growth.Zscaler has established a prominent position in the South Korea Cloud Access Security Broker Market by leveraging its cloud-based platform to deliver secure access to applications and data from any location. The company’s strengths lie in its robust zero-trust architecture, which enables organizations to adopt a security-first approach while accessing cloud resources.

By providing features like advanced threat protection and data loss prevention, Zscaler caters to the specific security needs of South Korean enterprises that require agility without compromising on security.The company has successfully built strategic partnerships and alliances, enhancing its visibility and reach within the region. Its continuous investment in innovation allows Zscaler to remain competitive, making it one of the favored choices for security solutions across various industries in South Korea.

Key Companies in the South Korea Cloud Access Security Broker Market Include

• Zscaler
• Cisco
• McAfee
• Palo Alto Networks
• Microsoft

South Korea Cloud Access Security Broker Market 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.

South Korea Cloud Access Security Broker Market Segmentation Insights

Cloud Access Security Broker Market Deployment Model Outlook

• • Cloud-Based
  • On-Premises

Cloud Access Security Broker Market Application Outlook

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

Cloud Access Security Broker Market Vertical Outlook

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

Cloud Access Security Broker Market Organization Size Outlook

• • Small Enterprises
  • Medium Enterprises
  • Large Enterprises

 

Report Attribute/Metric Source:	Details
MARKET SIZE 2023	152.6(USD Million)
MARKET SIZE 2024	173.04(USD Million)
MARKET SIZE 2035	688.16(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)	13.372% (2025 - 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	Zscaler, Netskope, Forcepoint, AccelOps, Bitglass, Sumo Logic, Cisco, McAfee, Palo Alto Networks, CloudLock, IBM, CloudHealth, Microsoft, Symantec, CybSafe
SEGMENTS COVERED	Deployment Model, Application, Industry Vertical, Organization Size
KEY MARKET OPPORTUNITIES	Growing adoption of cloud services, Increasing regulatory compliance requirements, Rising cybersecurity threats, Enhanced data privacy concerns, Demand for hybrid cloud solutions
KEY MARKET DYNAMICS	increasing cloud adoption, stringent data privacy regulations, growing cyber threats, demand for visibility and control, need for compliance management
COUNTRIES COVERED	South Korea