A Recent Study Says That Targeted Energy Storage in Security as a Service Industry Will Make a Huge Impact in near Future in Europe Market!

Global Security as a Service Market is expected to grow at a CAGR of around 21% from 2017 to 2025. Security as a service refers to cloud security, which is a delivery model for security management solutions. Traditionally, security solutions for businesses, such as antivirus and spam filtering were delivered with appliances as a part of the in-house services, however, the high cost in hardware and ongoing costs for software licenses have deterred many service providers from continuing the same. Hence, companies are now adopting the security-as-a-service module, where solutions are delivered by a cloud provider.

Based on solution, the Security as a Service Market is divided into identity and access management, confidentiality, prevention systems, and others. By end-user, it is divided into small scale enterprise and large scale enterprise. Various applications included in the report are government, energy & utilities, oil & gas, retail & consumer goods, healthcare, and financials & insurance. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.

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Market Dynamics:

Drivers:

• Unprecedented increase in the bring your own device (BYOD) trend among large-scale enterprises and small-scale enterprise
• Rapid increase in cyber-attacks using viruses and malware and advanced persistent threats, encourage organizations to deploy cloud security solutions

Restraints:

• Availability of free security solutions

Market Players:

The top players in the global security as a service market include Symantec Corporation, Veracode, Webroot, Sentrigo, Appriver, Swiftserve, McAfee, Cisco Systems, Qualys, and Trend Micro.

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MARKET LANDSCAPE

By Solution

• Identity & Access Management
• Confidentiality
• Prevention systems
• Others

By End-User

• Smart scale enterprise
• Medium scale enterprise

By Application

• Government
• Energy & Utilities
• Oil & Gas
• Retail & Consumer goods
• Healthcare
• Financial & Insurance

By Geography

• North America
o U.S.
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Spain
o Italy
o Rest of Europe
• Asia-Pacific
o China
o Japan
o India
o Australia
o South Korea
o Rest of Asia-Pacific
• LAMEA
o Brazil
o Saudi Arabia
o South Africa
o Rest of LAMEA

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