Security as a Service Market Research Report, Component (Solution and Service), Application Area (Network, Email, and Other Security), Organization Size (SMEs and Large Enterprises), Vertical (BFSI, IT and Telecom, and Others) - Global Forecast till 2023
Market Highlights
Security as a service offers faster provisioning and best security for businesses and their clients; it enables continuous monitoring and prevention from loss of business data, along with vulnerability scanning. With the emergence of outsourcing security services and solutions, enterprises can focus on their core business which is one of the factors for the increasing adoption of security as a service by large enterprises.
Symantec Corporation, a provider for cyber-security solutions, unveiled a cloud-based network security solution enhanced with web isolation. The security solution offers complete endpoint protection which protects the devices of a companies employees anywhere at anytime. The web isolation feature allows web browsing without any risk of malware.
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Key players
The prominent players in the security as a service market are Symantec Corporation (US), Intel Corporation (US), Trend Micro Incorporated (Japan), Cisco Systems Inc. (US), Fortinet Inc. (US), Panda Security (Spain), CipherCloud (US), Zscaler Inc. (US), Alert Logic Inc. (US), and Radware Ltd (Israel).
International Business Machines Corporation (US), Verizon (US), and SecureWorks (US) are among the other players in this market.
Regional Analysis
The regional analysis of security as a service market is considered for North America, Europe, Asia-Pacific, and the rest of the world.
Technological advancements and increasing adoption of cloud-based services in North American countries such as the US, Canada, and Mexico is expected to dominate the security as a service market over the forecast period. Leading providers of security as a service such as Cisco Systems, Symantec Corporation, Intel Corporation, and others are enhancing the technological architecture and providing network security to enterprises in the US and other North American countries. Increasing cyber-attacks and need for data protection in Asia-Pacific is expected to improve the company productivity and enable complete adoption of cloud-based security by large enterprise. China, Japan, and India have a vast customer base which is contributing to the growth of Asia-Pacific market in security as a service.
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Market Analysis The Security as a Service Market size is projected to reach USD 14.25 billion at a healthy 21.59% CAGR between 2017- 2023, states the new MRFR’s security as a service market forecast.
Defense, government, healthcare, retail, IT and telecom, oil and gas, BFSI, and others are some of its end users.
Various factors are fuelling the demand for the global security as a service market.
Such factors, as revealed by the new MRFR analysis, include the rise in cybercrime activities, rising trend of mobile devices, growth of sensitive organizational data, increase in the use of cloud technology, need for more cost-effective and protected security solutions, strict government regulations, rise in e-businesses, growing awareness about data security, growing trend of BYOD and IoT, and increasing adoption of managed security practices.
On the contrary, the on-going COVID-19 impact, the dynamic & increasing nature of cybercrime, reluctance to share sensitive data, accessibility of security services that are free of cost, and hesitation by organizations to cloud-based security may limit the global security as a service market growth over the forecast period.
Complete Report Details @ https://www.marketresearchfuture.com/reports/security-as-a-service-market-6709 Regional AnalysisBy region, the global SECaaS market covers the growth opportunities and recent trends across Europe, North America, the Asia Pacific (APAC), & the Rest of the World (RoW).
Security as a Service Market Research Report, Component (Solution and Service), Application Area (Network, Email, and Other Security), Organization Size (SMEs and Large Enterprises), Vertical (BFSI, IT and Telecom, and Others) - Global Forecast till 2023Market HighlightsSecurity as a service offers faster provisioning and best security for businesses and their clients; it enables continuous monitoring and prevention from loss of business data, along with vulnerability scanning.
With the emergence of outsourcing security services and solutions, enterprises can focus on their core business which is one of the factors for the increasing adoption of security as a service by large enterprises.Symantec Corporation, a provider for cyber-security solutions, unveiled a cloud-based network security solution enhanced with web isolation.
The security solution offers complete endpoint protection which protects the devices of a companies employees anywhere at anytime.
The web isolation feature allows web browsing without any risk of malware.
Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/6709Key playersThe prominent players in the security as a service market are Symantec Corporation (US), Intel Corporation (US), Trend Micro Incorporated (Japan), Cisco Systems Inc. (US), Fortinet Inc. (US), Panda Security (Spain), CipherCloud (US), Zscaler Inc. (US), Alert Logic Inc. (US), and Radware Ltd (Israel).International Business Machines Corporation (US), Verizon (US), and SecureWorks (US) are among the other players in this market.
Regional AnalysisThe regional analysis of security as a service market is considered for North America, Europe, Asia-Pacific, and the rest of the world.Technological advancements and increasing adoption of cloud-based services in North American countries such as the US, Canada, and Mexico is expected to dominate the security as a service market over the forecast period.
