Security as a Service Market to Reach a Market Size of $19.1 Billion by 2024 - KBV Research

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The Network Security market dominated the Global Security as a Service Market by Application 2017. The Endpoint Security market is expected to witness a CAGR of 15.7% during (2018 - 2024). Additionally, The Cloud Security & Others market is expected to witness highest CAGR of 18.5% during (2018 - 2024).

The Large Enterprises market dominated the Global Security as a Service Market by Organization Size 2017, growing at a CAGR of 15.3 % during the forecast period. The SMEs market is expected to witness a CAGR of 18.5% during (2018 - 2024). With the evolution of the telecommunications industry and its inclination towards a digital business model, key players increasingly adopt cloud-based services. This provides a wide range of advantages like cheaper services, additional computing power and easy availability of storage space. Telecom companies offer more affordable, agile and enhanced services by clicking on the cloud model available on the Internet on demand.

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The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Zscaler, RUAG (Clearswift), Alert Logic, Panda Security S.L., Stratejm Inc., Sentinel Technologies Inc., Happiest Minds Technologies, Intel Corporation (McAfee), Microsoft Corporation, and Fortinet Inc. In order to understand the competitive landscape, the KBV Cardinal Matrix has been provided with this report. It is a visual representation about the key players in the industry. The matrix is designed considering the major strategic developments including Mergers & Acquisitions, product launches, partnership among others and the financial strength of the company in the considered years. The major strategies followed by the market participants are Product launches and Acquisitions. Based on the Analysis presented in the Cardinal matrix, Intel Corporation (McAfee) and Microsoft Corporation are some of the forerunners in the Security as a Service market.

Global Security as a Service Market Segmentation

By Component

By Application

By Organization Size

By End User

 By Geography

Companies Profiled

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