Security As A Service Market Size, Share, Opportunities, COVID 19 Impact, And Trends By Type (Email Protection, Data Loss Prevention, Web Protection, Network Protection, Identity And Access Protection, Others), By Enterprise Size (Small, Medium, Large), By End-user Industry (BFSI, Communication And Technology, Healthcare, Government, Defense, Others), And By Geography - Forecasts From 2019 To 2024

Security as a Service market is projected to grow at a CAGR of 16.57% from US$5.013 billion in 2018 to US$12.580 billion in 2024. The report comprehensively analyzes the Security as a Service industry over the next 6 years. The report takes industry experts' views into account while presenting the 360° view of the market detailing market forecasts, trends, and opportunities over the period 2017 to 2022. The report analyzes various factors driving and restraining the market, opportunities that exist in the current economic scenario, porter’s five forces analysis, industry value chain structure, supplier, and industry outlook. 

Research Methodology

The first section of the report deals with detailed research methodology for calculating market size and forecasts, secondary data sources used and the primary inputs which were taken for data validation. This section also outlines various segmentations which have been covered as part of the report.

Market Dynamics

The next section provides comprehensive market dynamics through an overview section along with growth drivers, challenges, and opportunities that exist in the current market. This section of the report also provides a supplier and industry outlook; key industry and regional regulations which are determining the product specifications and a brief technological aspect of Security as a Service. Complete industry analysis has also been covered by Porter’s five forces model as a part of this report section.

Market Players

Finally, the competitive intelligence section deals with major players in the market, their market shares, growth strategies, products, financials, and recent investments among others. Key industry players in the Security as a Services market are Symantec Corporation, McAfee, LLC, and Okta Inc. among others.

Segmentation

The Security as a Service market has been segmented by type, material, applications, and geography as below:

By Type:

• Email Protection
• Data Loss Prevention
• Web Protection
• Network Protection
• Identity and Access Protection
• Others

By Enterprise Size:

• Small
• Medium
• Large

By End-user industry:

• BFSI
• Communication and Technology
• Healthcare
• Government
• Defense
• Others

By Geography:

• Americas
  • North America
  • South America
• Europe Middle East & Africa
  • Europe
  • Middle East & Africa
• Asia Pacific

Frequently Asked Questions (FAQs)

Q1. What will be the security as a service market size by 2024?
A1. Security as a Service Market is projected to reach a market size of US$12.580 billion in 2024. 

Q2. What is the size of the security as a service market?
A2. The security as a service market was valued at US$5.013 billion in 2018. 

Q3. What are the growth prospects for the security as a service market?
A3. The global security as a service market is projected to grow at a CAGR of 16.57% during the forecast period. 

Q4. Who are the major players in the security as a service market?
A4. Key industry players in the Security as a Services market are Symantec Corporation, McAfee, LLC, and Okta Inc. among others. 

Q5. How is global security as a service market segmented?
A5. The security as a service market has been segmented by type, material, applications, and geography.