Security As A Service Market Growth, Demand and Challenges of the Key Industry Players 2028

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Global Security as a Service Market Research and
Forecast Report 2023-2028




Author Elena Anderson, Marketing Manager
IMARC Group
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
2019 IMARC All Rights Reserved
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About IMARC Group
Report Description
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Report Description and Highlights
Report Description
Global Security as a Service Market Research
Report The latest report by IMARC, titled
Security as a Service Market Global Industry
Trends, Share, Size, Growth, Opportunity and
Forecast 2023-2028 " the global security as a
service market reached a value of US 14.5
Billion in 2022. Security as a service (SECaaS)
refers to a cloud-based model for outsourcing
cybersecurity services. The service provider
handles and manages the security of the
organization by integrating its security services
into the organizations infrastructure on a
subscription basis. Anti-virus, anti-malware,
secure email and web gateway, vulnerability
management, identity and access management,
intrusion detection, and application security
testing are some of the standard services
provided by SECaaS solutions. They are employed
to assist organizations in providing enhanced
protection against online threats, faster
provision, and greater agility, increasing
security, compliance, and cost-effectiveness, and
improving organizational performance. Request
Free Sample Report https//www.imarcgroup.com/sec
urity-as-a-service-market/requestsample
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Report Description and Highlights
Report Description

Global Security as a Service Market Trends The
increasing instances of cyberattacks, viruses,
and spyware across sectors, specifically in the
BFSI industry, are creating a positive outlook
for the market. SECaaS is widely used in banking
systems as they consist of sensitive information
about employee identity, tangible and intangible
assets, money transactions, and customer
information. In line with this, the increasing
penetration of cloud-based technology to simplify
digital banking processes and reduce the costs
and risks of on-premises security solutions is
favoring the market growth. Apart from this, the
widespread product adoption among organizations
amid the coronavirus disease (COVID-19) outbreak
due to the rising security concerns and the
increasing number of individuals following the
work-from-home (WFH) corporate model is providing
a thrust to the market growth. Moreover,
various technological advancements, such as the
integration of the Internet of Things (IoT) and
real-time monitoring, owing to the emerging trend
of bring-your-own-device (BYOD), are propelling
the market growth. Other factors, including the
increasing demand for cloud-based security
solutions, significant improvements in the
information technology (IT) infrastructure, and
the implementation of various government
initiatives mandating and regulating data
protection laws, are anticipated to drive the
market toward growth. On account of the
aforementioned factors, the market is expected to
reach US 33.0 Billion by 2028, exhibiting a CAGR
of 14.5 during 2023-2028. Looking forward, the
market value is projected to reach a strong
growth during the forecast period (2023-2028).
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Report Description and Highlights
Report Description
Market Summary Breakup by Component
Solution Services Breakup by Organizati
on Size Small and Medium-sized Enterpri
ses Large Enterprises Breakup by Applic
ation Network Security Endpoi
nt Security Application Security
Cloud Security Others Breakup by Ver
tical BFSI

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Report Description and Highlights
Report Description
Government and Defense
Retail and E-Commerce
Healthcare and Life Sciences
IT and Telecom Energy and Util
ities Manufacturing Others Br
eakup by Region North America
United States Canada
Asia-Pacific China
Japan India
South Korea Australia
Indonesia
Others

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Report Description and Highlights
Report Description
Europe Germany
France United Kingdom
Italy Spain
Russia Others
Latin America Brazil
Mexico Others
Middle East and Africa

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Report Description and Highlights
Report Description

• Competitive Landscape with Key Players
• Alert Logic Inc.
• Barracuda Networks Inc. Cisco Systems Inc. Dell T
  echnologies Inc. Fortinet Inc. International Busin
  ess Machines Corporation McAfee LLC Microsoft Corp
  oration Okta Inc. Proofpoint Inc. Qualys Inc. Radw
  are Ltd. Trend Micro Incorporated Zscaler Inc.
• View Full Report with TOC List of Figure
  https//www.imarcgroup.com/security-as-a-service-m
  arket

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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Report Description and Highlights
Report Description

2019 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
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Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
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analysis and opinion have been based on
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and reliable at the time of publishing.
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