Global Security as a Service (SECaaS) Market Size study, by Type (Email Encryption, SIEM, Identify and Access Management (IAM), End-Point Protection, Intrusion Detection and Prevention System (IDS/IPS), DLP, Others), by Application (IT & Telecom, BFSI, Retail, Healthcare, Government & Defense, Oil & Gas, Others) and Regional Forecasts 2018-2025

  • Product Code:
    RP-ID-10078548
  • Published Date:
    17 Jul 2021
  • Region:
    Global
  • Pages:
    200
  • Category:
    ICT & Telecom
  • Publisher:
    Pub-ID-14

Impact Analysis on the Growth of Market

Activating Probable Propositions Amidst COVID-19 Crisis

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The Research Report is Updated with 2021 Base Year, 2022 Estimated year and Forecast till 2031 with Market Insights.


With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2021 as base year, 2022 as estimated year and forecast to 2031. This will have market drivers, recovery rate in the market, insights and competitive analysis.



Market Overview:

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Global Security as a Service (SECaaS) Market to reach USD 19.7 billion by 2025.

Global Security as a Service (SECaaS) Market valued approximately USD 3.733 billion in 2016 is anticipated to grow with a healthy growth rate of more than 23.13% over the forecast period 2018-2025. The Security as a Service (SECaaS) Market is continuously growing in the global scenario at significant pace. Security as a service (SecaaS or SaaS) is a cloud computing model that delivers managed security services over the internet. SecaaS is based on the software as a service (SaaS) model but limited to specialized information security services. Increasing demand for cloud-based security and shift from traditional security to advanced security are the substantial driving factors of the market across the globe. Moreover, businesses turning towards managed security service provider is the factors that likely to create lucrative opportunities in the market over the upcoming years. Security as a Service (SECaaS) offer various benefits such as it is labor intensive activity, it easily access to advanced security tools, it often position information security as a business enabler, it quickly access to contextual expertise and many more. These benefits are also promoting the demand of Security as a Service (SECaaS) across the world. However, presence of very low cost services and rise in IT infrastructure complexities are the factors that limiting the market growth of Security as a Service (SECaaS) during the forecast period.
The regional analysis of Global Security as a Service (SECaaS) Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to increasing Internet-of-things (IoT), growing trend of Bring your own device (BYOD) and favorable government support in the region. Further, Europe is anticipated a stable growth in the global Security as a Service (SECaaS) market during the forecast period. Asia-Pacific is also anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025 due to increasing cyber crimes and growing cloud infrastructure in the region.
The major market player included in this report are:
• Symantec
• McAfee
• Trend Micro
• Cisco
• Fortinet
• Panda Security
• Ciphercloud
• Zscaler
• Alert Logic
• Radware
• Nominum Inc.
• Oracle Corporation

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

 Email Encryption
 SIEM
 Identify and Access Management (IAM)
 End-Point Protection
 Intrusion Detection and Prevention System (IDS/IPS)
 DLP
 Others

By Application:

 IT & Telecom
 BFSI
 Retail
 Healthcare
 Government & Defense
 Oil & Gas
 Others

By Regions:
 North America
o U.S.
o Canada
 Europe
o UK
o Germany
 Asia Pacific
o China
o India
o Japan
 Latin America
o Brazil
o Mexico
 Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025

Target Audience of the Global Security as a Service (SECaaS) Market in Market Study:

 Key Consulting Companies & Advisors
 Large, medium-sized, and small enterprises
 Venture capitalists
 Value-Added Resellers (VARs)
 Third-party knowledge providers
 Investment bankers
 Investors


Geography Analysis:


The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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Symantec
McAfee
Trend Micro
Cisco
Fortinet
Panda Security
Ciphercloud
Zscaler
Alert Logic
Radware
Nominum Inc.
Oracle Corporation
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