Security As A Service Market Scope And Analysis

  • Report Code : TIPRE00012030
  • Category : Technology, Media and Telecommunications
  • Status : Published
  • No. of Pages : 177
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Security as a Service Market Analysis and Scope (2023 to 2028)

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Security as a Service Market Report Scope

Report Attribute Details
Market size in 2022 US$ 13.71 Billion
Market Size by 2028 US$ 34.85 Billion
Global CAGR (2022 - 2028) 16.8%
Historical Data 2020-2021
Forecast period 2023-2028
Segments Covered By Component
  • Solution and Service
By Organization Size
  • SMEs and Large Enterprises
By Application
  • Network Security
  • Endpoint Security
  • Application Security
  • Cloud Security
By Vertical
  • BFSI
  • Government & Defense
  • Retail
  • Healthcare
  • IT & Telecom
  • Energy & Utilities
  • Manufacturing
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Alert Logic Inc
  • Barracuda Networks Inc
  • IBM Corporation
  • McAfee LLC
  • Microsoft Corporation
  • Radware
  • Trend Micro Incorporated
  • Clearswift
  • Silversky
  • Alert Logic, Inc., Barracuda Networks, Inc., IBM Corporation, McAfee LLC, Microsoft Corporation, Radware, Trend Micro Incorporated, Clearswift, Silversky, Zscaler, Inc. are the key Security as a Service market players.

    Market players are strongly focusing on mergers and acquisitions. Here is a snapshot of the recent developments in the Security as a Service market:

    • In 2022, HelpSystems announced its plans to acquire Alert Logic to provide customers with a hybrid IT approach to address the shortage of cybersecurity skills.
    • In 2022, IBM Corporation announced its plans to acquire Randori, a provider of offensive cyber protection and attack surface management. IBM intends to combine Randori's software with the extended detection and response (XDR) features of IBM Security QRadar, according to ITPro.