-- Security as a service (SECaaS) is a business model in which a service provider integrates their security services into a corporate infrastructure on a subscription basis more cost effectively than most individuals or corporations can provide on their own, when total cost of ownership is considered.
North America is expected to have the largest market share and would dominate the Security as a service market during the forecast period. The market in APAC offers potential growth opportunities for the market and is estimated to grow at the highest CAGR during the forecast period. APAC and MEA markets are investing heavily on SECaaS solutions to increase their security infrastructure in order to tackle cyber-attacks. The region is also increasingly outsourcing its network infrastructure security as it may not be in a position to handle complex and multiple cyber threats.
In 2018, the Global Security as a Service (SECaaS) market size was 3730 million US$ and it is expected to reach 19100 million US$ by the end of 2025, with a CAGR of 22.7% during 2019-2025.
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Security as a Service (SECaaS) Market is categorized on the basis of following product types:
(Each product type is covered in the terms of growth rate, market size, regional market size analysis, market size forecast, etc.)
• Email Encryption
• SIEM
• Identity and Access Management (IAM)
• Endpoint Protection
• Intrusion Detection and Prevention Systems (IDS/IPS)
• DLP
• Others
Security as a Service (SECaaS) Market is studied for the following applications:
(Each application is covered in the terms of market share, market size, regional market size analysis, market size forecast, etc.)
• IT & Telecom
• BFSI
• Retail
• Healthcare
• Government and Defense
• Oil and Gas
• Others
Key companies profiled in this report are Symantec, Mcafee, Trend Micro, Cisco, Fortinet, Panda Security, Ciphercloud, Zscaler, Alert Logic, Radware and more. These companies are profiled in the terms of company basic details, business overview, product knowledge, historical revenue and recent developments.
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Through the various topics covered in this report; it provides key insight of the market like Market size and share by regions, trends, driver, opportunities, revenue, market share of companies, their products, mergers & acquisitions, market size by types & applications for United States, Europe, China, Japan, Southeast Asia, India, and Central & South America. With this strong base, this report also provides the estimated forecast to 2025 by product types, applications and by regions.
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Website: https://www.themarketreports.com/report/global-security-as-a-service-secaas-market-size-status-and-forecast
Release ID: 471865

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