Press release
Security-as-a-Service Market Estimated to Rise at 17% CAGR by 2026
Application of SaaS will remain high in the Telecom & IT sector, however, its implementation in industries such as retail & consumer goods, healthcare, and BFSI is expected to grow over the next couple of years. Growing concerns over data loss in the healthcare industry are pushing several associated businesses such as drug development and insurance reimbursement to deploy cutting edge security to safeguard lives of the patients. Increased involvement of cloud computing in the finance sector, is necessitating extreme security of electronic transactions, which is further favoring amalgamation of Security-as-a-Service business model. By end of the assessment period, BFSI and healthcare industries are expected to account for 17.7% and 20.3% value share of the market respectively. Whereas, the IT & Telecom sector is set to account for 30% share in terms of revenue.
Browse Complete Report @ http://www.persistencemarketresearch.com/market-research/security-as-a-service-market.asp
The requirement of intricate security systems in large enterprises will continue to drive the demand for SaaS market in the forthcoming years. By the end of 20126, large enterprises including multinational corporations and conglomerates will account for 50% values share of the market, which will be significantly higher as compared to revenues generated for small and medium enterprises.
A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/12583
Meanwhile, companies operating global Security-as-a-Service market are focusing on providing managed security services rather security platforms and software development to integrate Security-as-a-Service for clients. Some of the key market participants profiled in the PMR report include Oracle Corporation, Gemalto NV, Alert Logic Inc., Proofpoint Inc., Okta, Inc, Intel Security, Cisco Systems, Inc., Qualys Inc., Trend Micro Inc., and Zscaler, Inc.
Cost benefits of deploying Security-as-a-Services is expected to prompt companies to improve security measures of their businesses. In addition, demand for cloud-based security services are robust in the US corporate sector which includes established conglomerates as well as budding startups
Request to view table of content @ http://www.persistencemarketresearch.com/market-research/security-as-a-service-market/toc
North America’s strong IT and telecom infrastructure helps the expansion Security-as-a-Service of application. The market for SaaS in the region is expected to garner US$ 8 billion in revenues by 2026-end. In 2016, the region’s market accounted for 36% revenue share, which is expected to grow nearly to 50% the end of the forecast period. Meanwhile, the Security-as-a-Service market in Western Europe is projected to witness a steady growth, creating an incremental opportunity of around US$ 3,059.6 million during the forecast period. Other regional Security-as-a-Service markets examined in the PMR report include Latin America, the Middle East & Africa (MEA), Asia Pacific excluding Japan (APEJ), Japan, and Eastern Europe.
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Security-as-a-Service Market Estimated to Rise at 17% CAGR by 2026 here
News-ID: 659038 • Views: …
More Releases from Persistence Market Research
Stadium Lighting Market Soars as LED Replaces Metal Halide with Longer Lifespan …
The stadium lighting market is witnessing unprecedented growth, fueled by the global shift from traditional metal halide lights to energy-efficient LED lighting systems. Metal halide lights, which have dominated stadiums for decades, typically last around 6,000 hours and require frequent replacement, leading to high maintenance costs. In contrast, modern LED stadium lights offer superior durability, water resistance, and shockproof features, with lifespans extending up to 100,000 hours. These advancements are…
Global POS Machines Market Outlook: US$ 18 Bn to US$ 49 Bn by 2033
The Point-of-Sale (POS) machines market has been experiencing significant growth over the past decade, driven by rapid technological advancements and the increasing adoption of digital payment solutions. As of 2022, the global POS machines market was valued at US$ 18,221.3 Million, and it is forecasted to reach US$ 49,365.2 Million by 2033. The market is anticipated to grow at a CAGR of 9.6% from 2023 to 2033, highlighting its robust…
How 3D Scanners Are Transforming Design, Manufacturing, and Entertainment
The 3D scanners market is witnessing remarkable growth as industries increasingly adopt advanced digital solutions for product design, quality control, and cultural documentation. A 3D scanner is defined as a device that analyzes real-world objects to collect data on their shape and appearance, enabling the creation of highly accurate digital models. These models are widely used across applications like movie and video game production, industrial design, prosthetics, reverse engineering, prototyping,…
Intermodal Transport Market Poised for Growth at a Robust CAGR Over the Next Dec …
Overview of the Market
The intermodal transport market is witnessing significant growth globally due to increasing demand for efficient, cost-effective, and environmentally sustainable logistics solutions. Intermodal transport, which involves the seamless integration of multiple transportation modes such as rail, road, and sea, ensures faster and safer movement of goods while reducing operational costs. The market's growth is being driven by the rising adoption of advanced technologies, such as automated gate systems…
More Releases for Security
Aerospace Cyber Security Market : Network security, Wireless security, Cloud sec …
According to a new report published by Allied Market Research, titled, "Aerospace Cyber Security Market," The aerospace cyber security market was valued at $39.7 billion in 2021, and is estimated to reach $92.0 billion by 2031, growing at a CAGR of 9.0% from 2022 to 2031.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 : https://www.alliedmarketresearch.com/request-sample/9433
Aerospace cybersecurity is a security driven technology which is dedicated towards the safety & security of aircrafts, spacecrafts and drones…
Healthcare Cyber Security Market by Type (Service and Solution), Security (Appli …
Healthcare Cyber Security Market: 2023
The global Healthcare Cyber Security Market size was valued at USD 4,591 Million in 2016, and is projected to reach at USD 12,467 Million by 2023, with a CAGR of 15.6% from 2017 to 2023.
Covid-19 latest section covered in this report.
Get Free Sample: https://reports.valuates.com/request/sample/ALLI-Auto-1J168/Healthcare_Cyber_Security
Cyber security solutions and services enable healthcare organizations to protect their business-critical infrastructure and patient data, and meet regulatory compliance.
Increase…
Aerospace Cyber Security Market Analysis and Forecasts by Security Type (Network …
The aviation industry is one of the sophisticated industries across the globe and the industry is integrated with advanced technological solutions. This has created a major concern towards securing the enormous quantity of data being generated every day. With the advancements in the different technological fields, the cyber attackers are also finding newer process to gain desired insights. In the current market scenario, aerospace industry is also witnessing substantial upswing…
Security Assessment Market Report 2018: Segmentation by Security Type (Endpoint …
Global Security Assessment market research report provides company profile for Kaspersky (Russia), IBM (US), FireEye (US), Optiv Security (US), Qualys (US), Trustwave (US), Veracode (US), Check Point (Israel), Absolute Software (Canada), Rapid7 (US), CynergisTek (US) and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth…
The Mobile Security (mSecurity) Bible: 2014 - 2020 - Device Security, Infrastruc …
Mobile networks around the globe generate more than 86 Exabytes of traffic annually. The immense volume of traffic together with the growing adoption of open source Operating System (OS) platforms such as Android has opened up new security threats. Mobile malware, SMS spam, cyber attacks and unlawful eavesdropping are an ever-increasing problem for enterprises, consumers and mobile network operators around the globe.
This has in turn led to significant investments in…
Mobile Security (MSecurity) Market Analysis To 2020 - Device Security, Infrastru …
Mobile networks around the globe generate more than 86 Exabytes of traffic annually. The immense volume of traffic together with the growing adoption of open source Operating System (OS) platforms such as Android has opened up new security threats. Mobile malware, SMS spam, cyber attacks and unlawful eavesdropping are an ever-increasing problem for enterprises, consumers and mobile network operators around the globe.
This has in turn led to significant investments in…
