Security as a Service Market Size to Grow from USD 3.12 Billion in 2015 to USD 8.52 Billion by 2020, at a CAGR of 22.2% - Research and Markets

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/6p9kdr/security_as_a) has announced the addition of the "Security as a Service Market - Global Forecast to 2020" report to their offering.

The SECaaS market size is expected to grow from USD 3.12 billion in 2015 to USD 8.52 billion by 2020, at a Compound Annual Growth Rate (CAGR) of 22.2%. Major factors contributing to the growth of SECaaS market are- rise in demand for cloud-based security and high on-premises security cost for organization.

The endpoint protection solution is estimated to contribute the largest market share during the forecast period. Furthermore, due to rise in malware, ransomware, and cyber-attacks, the demand for endpoint protection is expected to increase in the next five years. The training and education services segment is expected to contribute the largest market share in the SECaaS market during the forecast period.

BYOD policy is gaining popularity in SMBs and large enterprises and is changing the way user's access the organizational data. As the technology related to BYOD is improving, organizations are mobilizing their workforce. Cloud-based security and opportunities in mobile technology together will allow organizations to innovate in new ways. BYOD trend is pushing organizations to adopt cloud-based security. The enterprises will hold the maximum market share in the SECaaS market.

Companies Mentioned:

  • Alert Logic, Inc.
  • Ciphercloud
  • Cisco Systems, Inc.
  • Fortinet, Inc.
  • Mcafee (Intel Security)
  • Panda Security
  • Radware Ltd
  • Symantec Corporation
  • Trend Micro
  • Zscaler, Inc.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 By Solution

8 By Service

9 By Application Area

10 By Organization Size

11 By Vertical

12 Geographic Analysis

13 Competitive Landscape

14 Company Profiles

For more information visit http://www.researchandmarkets.com/research/6p9kdr/security_as_a

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Telecommunications and Networks

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Telecommunications and Networks