Security-as-a-Service Market Forecasted to Reach US $16,445.4 Million by 2026
Over a ten-year forecast period of 2016-2026, the global Security-as-a-Service market is projected to expand at a staggering CAGR of 17.1%. Adopting the business model of Security-as-a-Service (SaaS) has become a pragmatic choice for companies looking at integrating security with their business infrastructure. Furthermore, emerging technological trends related to the Internet of Things (IoT) and cloud-computing will continue to compel more businesses towards implementation of a Security-as-a-Service business model, which will incidentally benefit them through cost savings.
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