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Security service market to hit $8.52 billion grow 22.2% CAGR according to new research report

Industrial Market Research

Browse complete report on global Security As a Service Market supported with 151 pages, profiled top 10 companies in same domain & focus on size, trends, applications. The North America region holds the largest share of the security as a service (SECaaS) market.

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Report at…ple?rname=484565

The various key security as a service (SECaaS) market vendors profiled in the report such as Symantec Corporation, Cisco Systems, Inc., McAfee, Trend Micro, Fortinet, Inc., Panda Security, CipherCloud, ZScaler, Inc., Alert Logic, Inc., Radware Ltd.

Furthermore, due to rise in malware, ransomware, and cyber-attacks, the demand for endpoint protection is expected to increase in the next five years. The training and education services segment is expected to contribute the largest market share in the security as a service (SECaaS) market during the forecast period.

Complete report on global security as a service (SECaaS) market spread across 151 pages, profiling 10 companies and supported with 72 tables and 53 figures is now available at…rket-report.html

Major factors contributing to the growth of security as a service (SECaaS) market include the rise in demand for cloud-based security and high on-premises security cost for the organization.

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The endpoint protection solution is estimated to contribute the largest market share doing the forecast period.

The U.S. has the largest market share in the region followed by Canada. The European market is the second biggest market in North America.

The region consists of major growing economies such as the U.K., Germany, and France, which present great growth opportunities for the security as a service (SECaaS) market.

The worldwide Security As a Service (SECaaS) market size is expected to rise at a Compound Annual Growth Rate (CAGR) of 22.2% and projected to reach from $3.12 billion in 2015 to $ 8.52 billion by 2020.

Report at

Table of Contents

  1. Introduction
  2. Objectives of the Study
  3. Market Definition
  4. Market Scope
  5. Markets Covered
  6. Years Considered for the Study
  7. Currency
  8. Limitations
  9. Stakeholders
  10. Research Methodology

In the process of determining and verifying, the market size for several segments and sub-segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (55%), Tier 2 (20%) and Tier 3 (25%) companies were contacted for primary interviews.

The interviews were conducted with various key people such as C-level (60%), Director Level (25%) and others (15%) from various key organizations operating in the global security as a service (SECaaS) market. The primary interviews were conducted worldwide covering regions such as North America (10%), Europe (20%), APAC (40%) and RoW (30%).

On a related note, another research on Managed Security Services Market Global Forecast to 2020…arket-report.html

BYOD policy is gaining popularity in SMBs and large enterprises and is changing the way user's access the organizational data. As the technology related to BYOD is improving, organizations are mobilizing their workforce.

Cloud-based security and opportunities in mobile technology together will allow organizations to innovate in new ways. BYOD trend is pushing organizations to adopt cloud-based security.

The enterprises will hold the maximum market share in the security as a service (SECaaS) market.

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