logo
logo
Sign in

Security-as-a-Service (SaaS) Market Estimated To Record Highest CAGR By 2018 - 2026

avatar
Mackullam David
Global Security-as-a-Service (SaaS) market revenues totalled US$ XX in 2016, and are anticipated to grow at a staggering CAGR of XX  through 2026. Key factors propelling the adoption of SaaS services include proliferation of Internet of Things (IoT) and cloud computing. The key end use sectors for SaaS include telecom and IT, BFSI, and healthcare remain the largest end-users of SaaS, with telecom and IT particularly witnessing robust adoption. By 2026, the revenue share of telecom & IT is expected to reach XX, whereas BFSI sector will account for XX of total revenues.
 

Get Sample PDF for Professional Insights: https://www.trendsmarketresearch.com/report/sample/3017

Concerns about potential security threats to confidential and important information is influencing telecom & IT companies to invest in SaaS. Consequently, providing end-to-end security solutions remains a lucrative mode of operation of SaaS companies. Prominent SaaS companies, including Intel Security, Cisco Systems, Inc., and Oracle Corporation are focusing on offering customised solutions to their clients. While IT & telecom will continue to remain the most lucrative end-user, gains will be steady in the healthcare and BFSI sector.
Global SaaS market revenues remain equally concentrated between large players and local vendors. It is projected that by 2026, large companies and multinational corporations will account for over XX share, with the rest remaining fragmented among small and medium enterprises.A key trend in the global SaaS market is that service providers are focusing on becoming integrators of holistic solution providers rather than just offering one particular type of service.
Reluctance to adopt cloud based solutions is steadily waning, and as more companies come on board, the SaaS market is anticipated to gain further traction.It is projected that the SaaS delivery market will grow at a higher rate as compared to traditional software. File sharing continues to be the leading end-use for SaaS globally, with virtual desktop infrastructure (VDI) being the otherleading segment.For global players, growth of the security services of IoT and cost advantages remain key opportunities to leverage during the forecast period.
Although the outlook on SaaS remains positive, longstanding challenges, such as difficulty in storing unstructured data and risk of organized attacks remain key challenges. Further, easy accessibility to data makes confidential information vulnerable to cyber-attack and hacks.Some of the leading market players profiled in this report include Intel Security, Oracle Corporation, Cisco Systems, Inc., Gemalto NV, Qualys Inc., Alert Logic Inc., Trend Micro Inc., Proofpoint Inc., Zscaler, Inc., and Okta, Inc.
 

Get Complete ToC with Tables and Figures at : https://www.trendsmarketresearch.com/report/requesttoc/3017

North America and Western Europe remain the two largest markets for SaaS, with the former accounting for over XX revenue share of the market in 2016. The North America SaaS market was valued at US$ XX billion in 2015, and is anticipated to grow at a staggering XX CAGR through 2026. Western Europe, the second largest market globally, will also be the fastest growing market after North America.
It is worthwhile to mention that SaaS market in North America will be completely dominated by the U.S., with Canada accounting for only XX share of the market. This is expected to further decline to nearly XX by the end of the forecast period. 

Report Description: https://www.trendsmarketresearch.com/report/security-as-a-service-%28saas%29-market

View More : ELECTRONICS & SEMICONDUCTOR

 
About Us:

Trends Market Research is one of the leading digital services provider and a result-oriented company based in U.K.. We are a team of enthusiastic-driven individuals with top notch skills in SEO , Market research. Trends Market Research is a one stop shop to all your business needs. We help you thrive and succeed. We provide research solution.

Our digital and enterprise research assurance solutions are ideal for Automotive & Transportation, Electronics & Semiconductor, Chemicals & Materials, Healthcare, Pharmaceuticals & Medical Devices, Food & Beverage and Industrial Automation as well as all type of other leading industries verticals . We offer a vast line of in-depth study of industry trends including customized & client oriented specific requirement.

Contact Us

One Vincent Square
Westminster, London SW1P 2PN
United Kingdom
Email: [email protected]
Websitehttps://www.trendsmarketresearch.com
Follow me on: https://newsmarketresearch.blogspot.com
collect
0
avatar
Mackullam David
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more