Press release
Cyber Security as a Service Market Technology Growth Trends with International Forecasts to 2027 - Fireeye, Forcepoint, IBM Corporation, MCafee
Cyber security as a Service Market to 2027
Cybersecurity as a service is an outsourced model of cybersecurity management in which organizations outsource their cybersecurity functions to a vendor on a pay as you go basis. The increasing number of cyber-attacks and growing security concerns are the major factors that are expected to drive the growth of cybersecurity as a service market. The cybersecurity as a service market is a highly fragmented market with the presence of some of the major players operating in the market, along with some niche players having limited focus.
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The growing focus of the organizations towards outsourcing cybersecurity functions due to lack of expertise, growing focus of the enterprises towards improving the efficiency, and increasing cybersecurity concerns are expected to drive the growth of cybersecurity as a service market. North America holds a significant share of the cybersecurity services market owing to the high level of digitization and a large number of cybersecurity vendors operating in the region. Additionally, the growing adoption of cybersecurity as a service by SMEs is creating opportunities for the companies operating in the market to gain a significant market share.
The global cyber security as a service market is segmented on the basis of type and industry vertical. On the basis of type the market is segmented as enterprise security, endpoint security, cloud security, network security, and application security. Based on industry vertical, the market is segmented as IT and Telecom, retail BFSI, healthcare, government and defense, automotive, and others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global cyber security as a service market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The cyber security as a service market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
Emerging Brands in Cyber security as a Service Market are-
- Alert Logic, Inc.
- Capgemini
- Cisco Systems
- Cyberark Software Ltd
- Fireeye, Inc.
- Forcepoint
- IBM Corporation
- MCafee, LLC
- Symantec Corporation
- Trend Micro Incorporated
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