Global Security as a Service Market is expected to grow at a CAGR of around 21% from 2017 to 2025.

Portland, OR -- (SBWire) -- 08/02/2017 --Global Security as a Service Market is expected to grow at a CAGR of around 21% from 2017 to 2025. Security as a service refers to cloud security, which is a delivery model for security management solutions. Traditionally, security solutions for businesses, such as antivirus and spam filtering were delivered with appliances as a part of the in-house services, however, the high cost in hardware and ongoing costs for software licenses have deterred many service providers from continuing the same. Hence, companies are now adopting the security-as-a-service module, where solutions are delivered by a cloud provider.

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Based on solution, the Security as a Service Market is divided into identity and access management, confidentiality, prevention systems, and others. By end-user, it is divided into small scale enterprise and large scale enterprise. Various applications included in the report are government, energy & utilities, oil & gas, retail & consumer goods, healthcare, and financials & insurance. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.

Market Dynamics:

Drivers:

Unprecedented increase in the bring your own device (BYOD) trend among large-scale enterprises and small-scale enterprise
Rapid increase in cyber-attacks using viruses and malware and advanced persistent threats, encourage organizations to deploy cloud security solutions

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MARKET LANDSCAPE

By Solution
Identity & Access Management
Confidentiality
Prevention systems
Others

By End-User
Smart scale enterprise
Medium scale enterprise

By Application
Government
Energy & Utilities
Oil & Gas
Retail & Consumer goods
Healthcare
Financial & Insurance

By Geography
North America
U.S.
Canada
Mexico

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Table Of Contents:
1. Executive summary
1.1. Key findings
1.2. Market attractiveness and trend analysis
1.3. Competitive landscape and recent industry development analysis
2. Introduction
2.1. Report description
2.2. Scope and definitions
2.3. Research methodology
3. Market landscape
3.1. Growth drivers
3.1.1. Impact analysis
3.2. Restraints and challenges
4. Global security as a service market by solution
4.1. Identity & access management
4.1.1. Historical market size by region, 2014-2016
4.1.2. Market forecast by region, 2017-2025
4.2. Confidentiality