Security As A Service Market Exploring Future Growth 2022-2031 And Key Players: Trend Micro Incorporated, IBM Corporation, Microsoft Corporation, Zscaler Inc., Cisco Systems Inc

The global security as a service market report by the business research company identifies increasing adoption of cloud-based services to be a major growth driver for the security as a service market. Cloud-based services are services offered over the Internet or a dedicated network with delivery on demand. Due to the COVID-19 pandemic and lockdowns, small and medium-scale enterprises are increasingly focusing on streamlining their business models by adopting cloud services, which are highly prone to cyber-attackers. Thus, companies are increasingly investing in cloud-based security services to tackle cyber-attacks and protect sensitive and confidential information. According to the report by Ziff Davis, a New York-based digital media and internet company, approximately 40% of the global workforce adopted cloud-based services in 2020 and is expected to reach 80% by 2025, exceeding 100 Zettabytes of data in cloud data centres. Furthermore, according to the Findstack report, 92% of an organization's IT environment is likely to be in the cloud by 2022. Hence, the rising adoption of cloud-based services is expected to boost security as a service market during the forecast period.

The global security as a service market size is expected to grow from $12.02 billion in 2021 to $14.0 billion in 2022 at a compound annual growth rate (CAGR) of 16.48%. The global security as a service market size is expected to reach $25.8 billion in 2026 at a CAGR of 16.52%.

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North America was the largest region in the global security as a service market in 2021. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the global security as a service market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Major players in the organic food market are Trend Micro Incorporated, IBM Corporation, Microsoft Corporation, Zscaler Inc., Cisco Systems Inc., Fortinet, NortonLifeLock, Mindsight, Sentinel Technologies, Happiest Minds, Okta, Proofpoint, Stratejm, HackerOne, Forcepoint, Sophos, Clearswift, Alert Logic, Cygilant, Barracuda Networks, and Barracuda Networks.

The global security as a service market is segmented -
1) By Component: Solution, Service
2) By Application: Network Security, Endpoint Security, Application Security, Cloud Security, Other Applications
3) By Organization Size: SMEs, Large Enterprises
4) By End User: BFSI, Telecom and IT, Healthcare, Retail, Manufacturing, Government, Others

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The Security As A Service Market Report Contents Include
1. Executive Summary
2. Security as a Service Market Characteristics
3. Security as a Service Market Trends And Strategies
4. Impact Of COVID-19 On Security as a Service
5. Security as a Service Market Size And Growth
....
28. Key Mergers And Acquisitions In The Security as a Service Market
29. Security as a Service Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the security as a service market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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