Security as a Service Market Estimated to Reach USD 8.52 Billion by 2020
Research Cosmos forecasts the Security as a service market size to grow from USD 3.12 Billion in 2015 to USD 8.52 Billion by 2020, at a Compound Annual Growth Rate (CAGR) of 22.2%. The increasing cloud adoption among the enterprises, to reduce cost and increase operational efficiency, has created demand for cloud security. The major factors contributing to the growth of the market are increasing demand for cloud-based security, shift from traditional security to advanced security, and high on-premise security...
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