Portland, OR -- (SBWIRE) -- 07/06/2018 -- SaaS-based IT Security is also known as security as a service (SECaaS) is a type of IT security deployment that makes use of cloud computing technology. It is a security management model, which offers security services along with IT infrastructure on a subscription basis. Its main objective is to protect information systems from cyber threats while preserving the integrity, availability, and confidentiality of the information and achieve business objective. SaaS-based IT security services helps organization to improve their IT security of companies by concentrating on core business objectives.

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Increase in cloud service-specific attacks and rise in adoption of bring your own devices (BYOD) concept propels the growth of the market. However, issues related to data security and inconsistent network connection limits the growth of the market. Furthermore, increase in demand for SaaS-based IT security services from small business segments and growing popularity of managed security service providers is expected to provide numerous opportunities for the market.

SaaS-based IT Security Market Key Segments:

By Service
Identity and Access Management Services
Web Gateway Services
Email Gateway Services
Cloud Encryption Services
SIEM Services
By Organization Size
Small and Medium Size Enterprises
Large enterprises

By Region
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Russia
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa

Key Market Players Profiled in the Report

Microsoft Corporation
IBM Corporation
Cisco Systems, Inc.
McAfee, Inc.
Symantec Corporation
Blue Coat Systems, Inc.
Citrix Systems, Inc.
Barracuda Networks, Inc.
F5 Networks, Inc.
Trend Micro