Market Overview:
The global security as a service market is expected to grow from USD 9.02 billion in 2018 to USD 24.06 billion by 2030, at a CAGR of 13.8% from 2018 to 2030. The growth of the security as a service market can be attributed to the increasing adoption of cloud-based security solutions and services and the growing need for cybersecurity solutions across organizations worldwide. The authentication segment is expected to hold the largest share of the global security as a service market in 2018, owing to the increasing number of cyberattacks.
Product Definition:
Security as a Service is a model for delivering security services, such as identity and access management (IAM), vulnerability scanning, and intrusion detection, over the internet. Security as a Service can help organizations reduce costs and improve efficiency by allowing them to purchase security capabilities on an as-needed basis.
Authentication:
In today's world, security has become a major concern for organizations. With the increase in the number of cyber-attacks and data breaches, it becomes difficult for an organization to trust its external partners and employees. To overcome this problem, organizations are implementing security solutions such as authentication as a service (ASP). ASP is used by enterprises to ensure that only authorized people have access to company data or resources.
Anti-Virus:
Anti-virus is a type of security software that detects and prevents the spread of viruses, malware, trojans and other harmful programs. It also helps in repairing damages caused by any such program. Anti-virus software works on the basis of pattern recognition and detection which helps it to identify virus signatures.
Application Insights:
The commercial application segment accounted for the largest revenue share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to growing demand from various industries such as banking, financial services, healthcare, retail and e-commerce among others. Furthermore, increasing need for robust security solutions by large enterprises to prevent data loss & cyberattacks is expected to drive the market over the forecast period.
Residential applications are anticipated to witness significant growth owing to rising awareness about online safety among consumers along with an increase in concerns regarding personal information being exposed or stolen through cyberattacks or malware infections in households across countries such as India and China where internet penetration rates are still low comparedto developed nations like U.S., Canada etc.
Regional Analysis:
North America accounted for the largest revenue share in 2017. The U.S., in particular, is considered to be one of the most secure countries owing to stringent regulations and compliance mandates enforced by various government agencies, such as the Federal Information Security Management Act (FISMA) and National Infrastructure Protection Programme (NIPP). Moreover, a significant increase in spending on information security solutions has been witnessed across North America over the past few years. This trend is expected to continue over the forecast period as organizations adopt advanced technologies that can help prevent cyberattacks from occurring within their networks or systems.
Asia Pacific is estimated to register considerable growth over the next eight years due to increasing demand for managed security services from both small & medium enterprises and large enterprises operating across multiple industries including banking & financial services, retail & consumer goods, manufacturing & energy/utilities/logistics among others.
Growth Factors:
- Increased demand for cloud-based security solutions: Security as a Service is well-suited for the cloud, and its popularity is increasing as organizations move more of their operations to the cloud.
- The BYOD trend: Employees are bringing their own devices to work, which creates new security challenges for organizations. Security as a Service can help address these challenges by providing mobile device management (MDM) and other features that protect data on personal devices.
- The growth of IoT: The Internet of Things is growing rapidly, and with it comes an increased need for security solutions that can protect connected devices and networks from cyberattacks. Security as a Service can meet this need by providing comprehensive protection against all types of threats.
- Regulatory compliance requirements: Organizations are increasingly required to comply with regulations such as PCI DSS and HIPAA that mandate specific levels of information security protection be in place at all times. Security as a Service can help businesses meet these compliance requirements quickly and easily without having to invest in additional infrastructure or personnel resources.. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Security as a Service Market Research Report
By Type
Authentication, Anti-Virus, Anti-Malware/Spyware, Intrusion Detection, Penetration Testing, Security Event Management, Other
By Application
Commercial, Government, Residential, Other
By Companies
Cisco Systems, Honeywell, Samsung Techwin, Hewlett-Packard Enterprise, S2 Security, Panasonic, Bosch Security Systems, CheckPoint Software Technologies, Siemens, Axis, Fortinet, Schneider Electric, Salient Systems, NortekSecurity
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Security as a Service Market Report Segments:
The global Security as a Service market is segmented on the basis of:
Types
Authentication, Anti-Virus, Anti-Malware/Spyware, Intrusion Detection, Penetration Testing, Security Event Management, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial, Government, Residential, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cisco Systems
- Honeywell
- Samsung Techwin
- Hewlett-Packard Enterprise
- S2 Security
- Panasonic
- Bosch Security Systems
- CheckPoint Software Technologies
- Siemens
- Axis
- Fortinet
- Schneider Electric
- Salient Systems
- NortekSecurity
Highlights of The Security as a Service Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Authentication
- Anti-Virus
- Anti-Malware/Spyware
- Intrusion Detection
- Penetration Testing
- Security Event Management
- Other
- By Application:
- Commercial
- Government
- Residential
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Security as a Service Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Security as a Service (SaaS) is a cloud-based security platform that provides organizations with the ability to manage their security infrastructure from a single location. SaaS platforms offer an easy way for businesses to deploy and manage multiple layers of security, including firewalls, intrusion detection/prevention systems, and malware protection.
Some of the major companies in the security as a service market are Cisco Systems, Honeywell, Samsung Techwin, Hewlett-Packard Enterprise, S2 Security, Panasonic, Bosch Security Systems, CheckPoint Software Technologies, Siemens, Axis, Fortinet, Schneider Electric, Salient Systems, NortekSecurity.
The security as a service market is expected to grow at a compound annual growth rate of 13.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Security as a Service Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Security as a Service Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Security as a Service Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Security as a Service Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Security as a Service Market Size & Forecast, 2020-2028
4.5.1 Security as a Service Market Size and Y-o-Y Growth
4.5.2 Security as a Service Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Authentication
5.2.2 Anti-Virus
5.2.3 Anti-Malware/Spyware
5.2.4 Intrusion Detection
5.2.5 Penetration Testing
5.2.6 Security Event Management
5.2.7 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Government
6.2.3 Residential
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Security as a Service Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Security as a Service Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Authentication
9.6.2 Anti-Virus
9.6.3 Anti-Malware/Spyware
9.6.4 Intrusion Detection
9.6.5 Penetration Testing
9.6.6 Security Event Management
9.6.7 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Government
9.10.3 Residential
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Authentication
10.6.2 Anti-Virus
10.6.3 Anti-Malware/Spyware
10.6.4 Intrusion Detection
10.6.5 Penetration Testing
10.6.6 Security Event Management
10.6.7 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Government
10.10.3 Residential
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Authentication
11.6.2 Anti-Virus
11.6.3 Anti-Malware/Spyware
11.6.4 Intrusion Detection
11.6.5 Penetration Testing
11.6.6 Security Event Management
11.6.7 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Government
11.10.3 Residential
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Authentication
12.6.2 Anti-Virus
12.6.3 Anti-Malware/Spyware
12.6.4 Intrusion Detection
12.6.5 Penetration Testing
12.6.6 Security Event Management
12.6.7 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Government
12.10.3 Residential
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Authentication
13.6.2 Anti-Virus
13.6.3 Anti-Malware/Spyware
13.6.4 Intrusion Detection
13.6.5 Penetration Testing
13.6.6 Security Event Management
13.6.7 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Government
13.10.3 Residential
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Security as a Service Market: Competitive Dashboard
14.2 Global Security as a Service Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cisco Systems
14.3.2 Honeywell
14.3.3 Samsung Techwin
14.3.4 Hewlett-Packard Enterprise
14.3.5 S2 Security
14.3.6 Panasonic
14.3.7 Bosch Security Systems
14.3.8 CheckPoint Software Technologies
14.3.9 Siemens
14.3.10 Axis
14.3.11 Fortinet
14.3.12 Schneider Electric
14.3.13 Salient Systems
14.3.14 NortekSecurity
