Global Security as a Service (SECaaS) Market Size, Status and Forecast 2020-2026

Security as a service (SECaaS) is a business model in which a service provider integrates their security services into a corporate infrastructure on a subscription basis more cost effectively than most individuals or corporations can provide on their own, when total cost of ownership is considered.
North America is expected to have the largest market share and would dominate the Security as a service market during the forecast period. The market in APAC offers potential growth opportunities for the market and is estimated to grow at the highest CAGR during the forecast period. APAC and MEA markets are investing heavily on SECaaS solutions to increase their security infrastructure in order to tackle cyber-attacks. The region is also increasingly outsourcing its network infrastructure security as it may not be in a position to handle complex and multiple cyber threats.
Market Analysis and Insights: Global Security as a Service (SECaaS) Market
In 2019, the global Security as a Service (SECaaS) market size was US$ 3037.5 million and it is expected to reach US$ 12720 million by the end of 2026, with a CAGR of 22.7% during 2021-2026.
Global Security as a Service (SECaaS) Scope and Market Size
Security as a Service (SECaaS) market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Security as a Service (SECaaS) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Segment by Type, the Security as a Service (SECaaS) market is segmented into Email Encryption, SIEM, Identity and Access Management (IAM), Endpoint Protection, Intrusion Detection and Prevention Systems (IDS/IPS), DLP, Others, etc.
Segment by Application, the Security as a Service (SECaaS) market is segmented into IT & Telecom, BFSI, Retail, Healthcare, Government and Defense, Oil and Gas, Others, etc.
Regional and Country-level Analysis
The Security as a Service (SECaaS) market is analysed and market size information is provided by regions (countries).
The key regions covered in the Security as a Service (SECaaS) market report are North America, Europe, China, Japan, Southeast Asia, India and Central & South America, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of revenue for the period 2015-2026.

Competitive Landscape

and Security as a Service (SECaaS) Market Share Analysis
Security as a Service (SECaaS) market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by player for the period 2015-2020. Details included are company description, major business, company total revenue and the revenue generated in Security as a Service (SECaaS) business, the date to enter into the Security as a Service (SECaaS) market, Security as a Service (SECaaS) product introduction, recent developments, etc.
The major vendors include Symantec, McAfee, Trend Micro, Cisco, Fortinet, Panda Security, Ciphercloud, Zscaler, Alert Logic, Radware, etc.

This report focuses on the global Security as a Service (SECaaS) status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Security as a Service (SECaaS) development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.

The key players covered in this study

Symantec
McAfee
Trend Micro
Cisco
Fortinet
Panda Security
Ciphercloud
Zscaler
Alert Logic
Radware

Market segment by Type, the product can be split into

Email Encryption
SIEM
Identity and Access Management (IAM)
Endpoint Protection
Intrusion Detection and Prevention Systems (IDS/IPS)
DLP
Others

Market segment by Application, split into

IT & Telecom
BFSI
Retail
Healthcare
Government and Defense
Oil and Gas
Others

Market segment by Regions/Countries, this report covers

North America
Europe
China
Japan
Southeast Asia
India
Central & South America

The study objectives of this report are:

To analyze global Security as a Service (SECaaS) status, future forecast, growth opportunity, key market and key players.
To present the Security as a Service (SECaaS) development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by type, market and key regions.

In this study, the years considered to estimate the market size of Security as a Service (SECaaS) are as follows:
History Year: 2015-2019

Base Year:

2019

Estimated Year:

2020
Forecast Year 2020 to 2026
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.