Security As A Service Market– Projections & Estimations, 2014–2025

Big Market Research added a report on “Global Security As A Service Market: Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025”

Security as a service market 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. The global security as a service market is expected to grow at a CAGR of around 21% from 2017 to 2025.

Based on solution, the 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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Market Dynamics:

Drivers:

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

Restraints:

Availability of free security solutions

Market Players:

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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MARKET LANDSCAPE

By Solution

o Identity & Access Management

o Confidentiality

o Prevention systems

o Others

By End-User

o Smart scale enterprise

o Medium scale enterprise

By Application

o Government

o Energy & Utilities

o Oil & Gas

o Retail & Consumer goods

o Healthcare

o Financial & Insurance

By Geography

  • North America
    • S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
  • Asia-Pacific
    • China
    • Japan
    • India
  • LAMEA
    • Latin America
    • Middle East
    • Africa

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