Security as a Service Market: From Traditional to Advanced Solutions

The Global Security as a Service Market size is expected to grow from USD 5.51 billion in 2022 to USD 19.51 billion by 2030, at a CAGR of 17.12 % during the forecast period (2023-2030).

Security as a Service is a cloud-based delivery model that provides security services to organizations on a subscription basis. These services encompass a range of security solutions, including threat detection, prevention, and response, as well as data protection, identity and access management, and compliance management. SECaaS offerings are typically hosted and managed by third-party security providers, who leverage their expertise and infrastructure to deliver scalable and cost-effective security solutions to businesses of all sizes.

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Key Companies & Market Share Insights:

Ciphercloud Inc.,Panda Security SL,Cisco Systems Inc.,Clearswift,Silversky,Trend Micro Inc.,Fortinet Inc.,Zscaler Inc.,Radware Ltd.,HelpSystems,Symantec Corporation,IBM Corporation,Alert Logic Inc.,Zscaler Inc.,McAfee and other major players.

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Security as a Service Market is Segmented as follows:

By Component

·         Platform

·         Services

By Application

·         Continuous Monitoring

·         Endpoint Security

·         Network Security

·         Cloud Security

·         Others

By Vertical

·         BFSI

·         Retail & eCommerce

·         Travel & Hospitality

·         IT & Telecom

·         Healthcare

·         Others

Regional Analysis/Insights:

·         North America (U.S., Canada, Mexico)

·         Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

·         Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)

·         Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)

·         South America (Brazil, Argentina, Rest of SA)

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