Application Security

Global Security as a Service Market Size Report 2022: Research by Component, Organization Size, Application, and Vertical – Imarc Group

Global Security as a Service Market Size Report 2022: Research by Component, Organization Size, Application, and Vertical – Imarc Group
Written by ga_dahmani
Global Security as a Service Market Size Report 2022: Research by Component, Organization Size, Application, and Vertical – Imarc Group

According to the latest IMARC Group report, “Global Security as a Service Market SizeShare, Growth, Industry Trends, Opportunity and Forecast 2022-2027“, the global security-as-a-service market reached a value of US$12.64 billion in 2021. Looking ahead, IMARC Group expects the market to reach a value of US$30.17 billion by 2027, exhibiting a CAGR of 15.10% during 2022-2027.

Security as a Service (SECaaS) includes the various cloud-based cybersecurity solutions that organizations outsource. It involves secure web and email gateways, identity and access management, vulnerability management, application security testing, etc. SECaaS services are integrated into business infrastructures and are offered on a subscription basis. They help organizations save costs, free up resources, work with the latest security tools and updates, scale security needs as business grows, and more. As a result, SECaaS has gained wide popularity due to its cost-effectiveness and enhanced protection against online threats. , faster provisioning, greater agility, etc.

Security as a Service Market Trends and Drivers:

The increasing requirement for cloud-based security solutions and the high costs involved in managing on-premises security solutions are primarily driving the security-as-a-service market. In addition to this, the increasing incidences of online threats such as data breaches and identity theft, and the increasing need to comply with stringent data protection and regulatory standards are further catalyzing the growth of the market.

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Furthermore, the increasing number of people working remotely, due to the sudden outbreak of the COVID-19 pandemic, is encouraging organizations to adopt more advanced security solutions, which is acting as another important growth factor. Aside from this, the increasing adoption of bring-your-own-device (BYOD) policies and the increasing penetration of Internet of Things (IoT) technologies are expected to drive the security-as-a-service market over the coming year. planned period.

Security market as a service

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Global Security as a Service Market Analysis and Segmentation 2022-2027:

Competitive landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Alert Logic Inc., Barracuda Networks Inc., Cisco Systems Inc., Dell Technologies Inc., Fortinet Inc., International Business Machines Corporation, McAfee LLC, Microsoft Corporation, Okta Inc., Proofpoint Inc., Qualys Inc., Radware Ltd. , Trend Micro Incorporated and Zscaler Inc.

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The report has segmented the market based on region, component, organization size, application, and vertical.

Breakdown by component:

Solution

Services

Breakdown by organization size:

Small and medium businesses

Big enterprises

Breakdown by application:

network security

security endpoint

Application security

cloud security

Others

Breakdown by Vertical:

BFSI

Government and Defense

Retail and eCommerce

Health and Life Sciences

IT and telecommunications

Energy and Public Services

Manufacturing

Others

Breakdown by region:

North America: (United States, Canada)

Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, others)

Europe: (Germany, France, UK, Italy, Spain, Russia, Others)

Latin America: (Brazil, Mexico, Others)

Middle East and Africa

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If you want the most recent primary and secondary data (2022-2027) with cost module, business strategy, distribution channel, etc. Click request a free sample report, the published report will be emailed to you in PDF format within 24-48 hours of receipt. full payment.

Key points from the report:

Market performance (2016-2021)

Market outlook (2022-2027)

Porter’s five forces analysis

Market drivers and success factors

SWOT Analysis

Value chain

Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.

About us:

IMARC Group is a leading market research company providing market research and management strategy worldwide. We partner with clients across industries and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include important market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high-tech organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and novel processing methods are at the top of the company’s expertise.

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