Information Technology (IT) Security as a Service Market Increasing Cyber Threats Drive Demand for Managed Security Solutions

The global Information Technology (IT) security as a service market is segmented o based on product type, end user, and geography. Based on product type, it is classified into email encryption, endpoint protection, data loss prevention, event monitoring, information security, IAM, and others. Based on end user, it is divided into BFSI, healthcare, telecom, media and entertainment, education, and others. Based on geography, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

With the proliferation of cloud, mobility, and bring your own device (BYOD), endpoint protection is crucial for all security departments. Rise in need for advanced security solutions, technological advancements regarding new product development, and rise in malware and phishing threats among enterprises drive the global information technology (IT) security as a service market. However, presence of stringent regulatory standards is expected to impede the market growth. Growth in demand for cloud-based cyber security solutions is expected to create locate lucrative opportunities for the market during the forecast period.

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Highlights of the report:

► Comprehensive assessment of all opportunities and risks in the global market.

► Information Technology (IT) Security as a Service Market recent innovations and major events.

► Detailed study of business strategies for growth of the Information Technology (IT) Security as a Service Market -leading players.

► Conclusive study about the growth plot of Information Technology (IT) Security as a Service Market for forthcoming years.

► In-depth understanding of Information Technology (IT) Security as a Service Market -particular drivers, constraints, and major micro markets.

► Favourable impression inside vital technological and market latest trends striking the Information Technology (IT) Security as a Service Market.

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IT security forms an integral part of a system as data theft or breaches result into huge monetary losses to organizations and government institutions. Security breaches affect more than just the Information Technology (IT) infrastructure of a company. These threats cause disruptions to the entire network that impact principal business functions and mission. Moreover, organizations evaluate IT security in terms of direct influence to the successful execution of an organizations primary mission.

Key Benefits :

► The study provides an in-depth analysis of the global information technology (IT) security as a service market and current & future trends to elucidate the imminent investment pockets.

► Information about the key drivers, restrains, and opportunities is provided.

► Porters Five Forces analysis illustrates the potency of buyers & suppliers operating in the industry.

► The quantitative analysis of the global market is provided to determine the market potential.

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Key drivers that are propelling the growth of the market included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the manufacturers for future challenges in advance.

Key Market Players:

► Fortinet, Inc.

► Quick Heal Technologies Ltd.

► IPSec

► Trend Micro Inc.

► Kaapagam Technologies

► Barracuda Networks

► Hewlett Packard Enterprise

► Symantec Corporation

► Radware

► Check Point Software Technologies Ltd.

► Cisco Systems, Inc.

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