Global Security as a Service Market is expected to grow at a CAGR of around 21% from 2017 to 2025. Security as a service refers to cloud security, which is a delivery model for security management solutions. Market is divided into identity and access management, confidentiality, prevention systems, and others.
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Global Security as a Service Market is expected to grow at a CAGR of around 21% from 2017 to 2025. Security as a service refers to cloud security, which is a delivery model for security management solutions.
Traditionally, security solutions for businesses, such as antivirus and spam filtering were delivered with appliances as a part of the in-house services, however, the high cost in hardware and ongoing costs for software licenses have deterred many service providers from continuing the same. Hence, companies are now adopting the security-as-a-service module, where solutions are delivered by a cloud provider.
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Based on solution, the Security as a Service Market is divided into identity and access management, confidentiality, prevention systems, and others. By end-user, it is divided into small scale enterprise and large scale enterprise.
Various applications included in the report are government, energy & utilities, oil & gas, retail & consumer goods, healthcare, and financials & insurance. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.
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- Unprecedented increase in the bring your own device (BYOD) trend among large-scale enterprises and small-scale enterprise
- Rapid increase in cyber-attacks using viruses and malware and advanced persistent threats, encourage organizations to deploy cloud security solutions
- Availability of free security solutions
The top players in the global security as a service market include Symantec Corporation, Veracode, Webroot, Sentrigo, Appriver, Swiftserve, McAfee, Cisco Systems, Qualys, and Trend Micro.
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- Identity & Access Management
- Prevention systems
- Smart scale enterprise
- Medium scale enterprise
- Energy & Utilities
- Oil & Gas
- Retail & Consumer goods
- Financial & Insurance
- North America
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Saudi Arabia
- South Africa
- Rest of LAMEA
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