Security as a Service Market By Component, By Application, By Organization Size, By Industry Vertical : Global Opportunity Analysis and Industry Forecast, 2023-2032

Description

List of Tables

According to a new report published by Allied Market Research, titled, "Security as a Service Market," The security as a service market was valued at $13 billion in 2022, and is estimated to reach $75 billion by 2032, growing at a CAGR of 19.4% from 2023 to 2032.

The surge in cyber threats has raised the demand for security services, providing a boost to the security as a service market. As more businesses and individuals connect online, the risk of cyber-attacks has grown substantially. This escalating threat landscape has led to higher adoption of security as a service solution, where organizations outsource their security needs to specialized providers. Furthermore, with the rising complexity of cyber threats, there is a growing demand for advanced security solutions, propelling the expansion of the security as a service market. Traditional security measures are often insufficient to protect against the evolving tactics of cybercriminals, prompting businesses to seek more sophisticated and dynamic approaches. In addition, the rising adoption of cloud-based services is a significant driver behind the increasing growth of the security as a service market. As businesses migrate their operations to the cloud for enhanced flexibility and efficiency, they are faced with new security challenges. Cloud environments introduce unique vulnerabilities that require specialized protection against data breaches and cyber threats, which drives the need for advanced security measures. However, data privacy and security concerns in outsourcing models are significantly impacting the growth of the security as a service market. Moreover, the complexity of seamlessly incorporating SECaaS into existing IT infrastructure is limiting the growth of the security as a service market. Many organizations face difficulties in integrating these security solutions with their current systems, leading to operational disruptions and compatibility issues. On the contrary, the increase in demand for advanced threat intelligence and analytics solutions is anticipated to significantly boost the growth of the security as a service market in the upcoming years.

The security as a service market is segmented into component, application, organization size, industry vertical, and region. On the basis of component, the market is classified into solution and service. By application, the market is segregated into network security, endpoint security, application security, cloud security, and others. On the basis of organization size, the market is categorized into large enterprises, and small & medium-sized enterprises. By industry vertical, the market is divided into BFSI, government & defense, retail & e-commerce, healthcare & life sciences, IT & telecom, energy & utilities, manufacturing, and others. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players operating in the security as a service market include Oracle Corporation, Proofpoint, Inc., Qualys, Inc., Okta, Sophos Ltd., Microsoft Corporation, IBM Corporation, Trend Micro Incorporated, Cisco Systems, Inc., and Forcepoint. These players have adopted various strategies to increase their market penetration and strengthen their position in the security as a service industry.

Key Benefits for Stakeholders

The study provides in-depth analysis of the security as a service market along with current trends and future estimations to illustrate the imminent investment pockets.
Information about key drivers, restrains, & opportunities and their impact analysis on the security as a service market size are provided in the report.
The Porter's five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
The quantitative analysis of the security as a service market from 2022 to 2032 is provided to determine the market potential.

Additional benefits you will get with this purchase are:

Quarterly Update and* (only available with a corporate license, on listed price)
5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
Free Upcoming Version on the Purchase of Five and Enterprise User License.
16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
Free data Pack on the Five and Enterprise User License. (Excel version of the report)
Free Updated report if the report is 6-12 months old or older.
24-hour priority response*
Free Industry updates and white papers.

Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)

Investment Opportunities
Market share analysis of players by products/segments
Regulatory Guidelines
Additional company profiles with specific to client's interest
Additional country or region analysis- market size and forecast
Expanded list for Company Profiles
Market share analysis of players at global/region/country level

Key Market Segments

By Component

Solution
Service

By Application

Network Security
Endpoint Security
Application Security
Cloud Security
Others

By Organization Size

Large Enterprises
Small and Medium-sized Enterprises

By Industry Vertical

BFSI
Government and Defense
Retail and E-commerce
Healthcare and Life Sciences
IT and Telecom
Energy and Utilities
Manufacturing
Others

By Region

North America
- U.S.
- Canada
Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
LAMEA
- Latin America
- Middle East
- Africa

Key Market Players:

Oracle Corporation
Proofpoint, Inc.
Microsoft Corporation
IBM Corporation
Qualys, Inc.
Okta
Sophos Ltd.
Trend Micro Incorporated
Cisco Systems, Inc.
Forcepoint

Product Code: A03543

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
3.3. Porter's five forces analysis
- 3.3.1. Low bargaining power of suppliers
- 3.3.2. Low threat of new entrants
- 3.3.3. Low threat of substitutes
- 3.3.4. Low intensity of rivalry
- 3.3.5. Low bargaining power of buyers
3.4. Market dynamics
- 3.4.1. Drivers
  - 3.4.1.1. Increase in cyber threats
  - 3.4.1.2. The need for advanced security solutions
  - 3.4.1.3. Rising adoption of cloud-based services
- 3.4.2. Restraints
  - 3.4.2.1. Data privacy and security concerns in outsourcing models
  - 3.4.2.2. Challenges associated with integrating SECaaS solutions
- 3.4.3. Opportunities
  - 3.4.3.1. Rise in demand for advanced threat intelligence and analytics solutions

CHAPTER 4: SECURITY AS A SERVICE MARKET, BY COMPONENT

4.1. Overview
- 4.1.1. Market size and forecast
4.2. Solution
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
4.3. Service
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country

CHAPTER 5: SECURITY AS A SERVICE MARKET, BY APPLICATION

5.1. Overview
- 5.1.1. Market size and forecast
5.2. Network Security
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
5.3. Endpoint Security
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
5.4. Application Security
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
5.5. Cloud Security
- 5.5.1. Key market trends, growth factors and opportunities
- 5.5.2. Market size and forecast, by region
- 5.5.3. Market share analysis by country
5.6. Others
- 5.6.1. Key market trends, growth factors and opportunities
- 5.6.2. Market size and forecast, by region
- 5.6.3. Market share analysis by country

CHAPTER 6: SECURITY AS A SERVICE MARKET, BY ORGANIZATION SIZE

6.1. Overview
- 6.1.1. Market size and forecast
6.2. Large Enterprises
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
6.3. Small and Medium-sized Enterprises
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country

CHAPTER 7: SECURITY AS A SERVICE MARKET, BY INDUSTRY VERTICAL

7.1. Overview
- 7.1.1. Market size and forecast
7.2. BFSI
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by region
- 7.2.3. Market share analysis by country
7.3. Government and Defense
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by region
- 7.3.3. Market share analysis by country
7.4. Retail and E-commerce
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by region
- 7.4.3. Market share analysis by country
7.5. Healthcare and Life Sciences
- 7.5.1. Key market trends, growth factors and opportunities
- 7.5.2. Market size and forecast, by region
- 7.5.3. Market share analysis by country
7.6. IT and Telecom
- 7.6.1. Key market trends, growth factors and opportunities
- 7.6.2. Market size and forecast, by region
- 7.6.3. Market share analysis by country
7.7. Energy and Utilities
- 7.7.1. Key market trends, growth factors and opportunities
- 7.7.2. Market size and forecast, by region
- 7.7.3. Market share analysis by country
7.8. Manufacturing
- 7.8.1. Key market trends, growth factors and opportunities
- 7.8.2. Market size and forecast, by region
- 7.8.3. Market share analysis by country
7.9. Others
- 7.9.1. Key market trends, growth factors and opportunities
- 7.9.2. Market size and forecast, by region
- 7.9.3. Market share analysis by country

CHAPTER 8: SECURITY AS A SERVICE MARKET, BY REGION

8.1. Overview
- 8.1.1. Market size and forecast By Region
8.2. North America
- 8.2.1. Key market trends, growth factors and opportunities
- 8.2.2. Market size and forecast, by Component
- 8.2.3. Market size and forecast, by Application
- 8.2.4. Market size and forecast, by Organization Size
- 8.2.5. Market size and forecast, by Industry Vertical
- 8.2.6. Market size and forecast, by country
  - 8.2.6.1. U.S.
  - 8.2.6.1.1. Market size and forecast, by Component
  - 8.2.6.1.2. Market size and forecast, by Application
  - 8.2.6.1.3. Market size and forecast, by Organization Size
  - 8.2.6.1.4. Market size and forecast, by Industry Vertical
  - 8.2.6.2. Canada
  - 8.2.6.2.1. Market size and forecast, by Component
  - 8.2.6.2.2. Market size and forecast, by Application
  - 8.2.6.2.3. Market size and forecast, by Organization Size
  - 8.2.6.2.4. Market size and forecast, by Industry Vertical
8.3. Europe
- 8.3.1. Key market trends, growth factors and opportunities
- 8.3.2. Market size and forecast, by Component
- 8.3.3. Market size and forecast, by Application
- 8.3.4. Market size and forecast, by Organization Size
- 8.3.5. Market size and forecast, by Industry Vertical
- 8.3.6. Market size and forecast, by country
  - 8.3.6.1. UK
  - 8.3.6.1.1. Market size and forecast, by Component
  - 8.3.6.1.2. Market size and forecast, by Application
  - 8.3.6.1.3. Market size and forecast, by Organization Size
  - 8.3.6.1.4. Market size and forecast, by Industry Vertical
  - 8.3.6.2. Germany
  - 8.3.6.2.1. Market size and forecast, by Component
  - 8.3.6.2.2. Market size and forecast, by Application
  - 8.3.6.2.3. Market size and forecast, by Organization Size
  - 8.3.6.2.4. Market size and forecast, by Industry Vertical
  - 8.3.6.3. France
  - 8.3.6.3.1. Market size and forecast, by Component
  - 8.3.6.3.2. Market size and forecast, by Application
  - 8.3.6.3.3. Market size and forecast, by Organization Size
  - 8.3.6.3.4. Market size and forecast, by Industry Vertical
  - 8.3.6.4. Italy
  - 8.3.6.4.1. Market size and forecast, by Component
  - 8.3.6.4.2. Market size and forecast, by Application
  - 8.3.6.4.3. Market size and forecast, by Organization Size
  - 8.3.6.4.4. Market size and forecast, by Industry Vertical
  - 8.3.6.5. Spain
  - 8.3.6.5.1. Market size and forecast, by Component
  - 8.3.6.5.2. Market size and forecast, by Application
  - 8.3.6.5.3. Market size and forecast, by Organization Size
  - 8.3.6.5.4. Market size and forecast, by Industry Vertical
  - 8.3.6.6. Rest of Europe
  - 8.3.6.6.1. Market size and forecast, by Component
  - 8.3.6.6.2. Market size and forecast, by Application
  - 8.3.6.6.3. Market size and forecast, by Organization Size
  - 8.3.6.6.4. Market size and forecast, by Industry Vertical
8.4. Asia-Pacific
- 8.4.1. Key market trends, growth factors and opportunities
- 8.4.2. Market size and forecast, by Component
- 8.4.3. Market size and forecast, by Application
- 8.4.4. Market size and forecast, by Organization Size
- 8.4.5. Market size and forecast, by Industry Vertical
- 8.4.6. Market size and forecast, by country
  - 8.4.6.1. China
  - 8.4.6.1.1. Market size and forecast, by Component
  - 8.4.6.1.2. Market size and forecast, by Application
  - 8.4.6.1.3. Market size and forecast, by Organization Size
  - 8.4.6.1.4. Market size and forecast, by Industry Vertical
  - 8.4.6.2. Japan
  - 8.4.6.2.1. Market size and forecast, by Component
  - 8.4.6.2.2. Market size and forecast, by Application
  - 8.4.6.2.3. Market size and forecast, by Organization Size
  - 8.4.6.2.4. Market size and forecast, by Industry Vertical
  - 8.4.6.3. India
  - 8.4.6.3.1. Market size and forecast, by Component
  - 8.4.6.3.2. Market size and forecast, by Application
  - 8.4.6.3.3. Market size and forecast, by Organization Size
  - 8.4.6.3.4. Market size and forecast, by Industry Vertical
  - 8.4.6.4. Australia
  - 8.4.6.4.1. Market size and forecast, by Component
  - 8.4.6.4.2. Market size and forecast, by Application
  - 8.4.6.4.3. Market size and forecast, by Organization Size
  - 8.4.6.4.4. Market size and forecast, by Industry Vertical
  - 8.4.6.5. South Korea
  - 8.4.6.5.1. Market size and forecast, by Component
  - 8.4.6.5.2. Market size and forecast, by Application
  - 8.4.6.5.3. Market size and forecast, by Organization Size
  - 8.4.6.5.4. Market size and forecast, by Industry Vertical
  - 8.4.6.6. Rest of Asia-Pacific
  - 8.4.6.6.1. Market size and forecast, by Component
  - 8.4.6.6.2. Market size and forecast, by Application
  - 8.4.6.6.3. Market size and forecast, by Organization Size
  - 8.4.6.6.4. Market size and forecast, by Industry Vertical
8.5. LAMEA
- 8.5.1. Key market trends, growth factors and opportunities
- 8.5.2. Market size and forecast, by Component
- 8.5.3. Market size and forecast, by Application
- 8.5.4. Market size and forecast, by Organization Size
- 8.5.5. Market size and forecast, by Industry Vertical
- 8.5.6. Market size and forecast, by country
  - 8.5.6.1. Latin America
  - 8.5.6.1.1. Market size and forecast, by Component
  - 8.5.6.1.2. Market size and forecast, by Application
  - 8.5.6.1.3. Market size and forecast, by Organization Size
  - 8.5.6.1.4. Market size and forecast, by Industry Vertical
  - 8.5.6.2. Middle East
  - 8.5.6.2.1. Market size and forecast, by Component
  - 8.5.6.2.2. Market size and forecast, by Application
  - 8.5.6.2.3. Market size and forecast, by Organization Size
  - 8.5.6.2.4. Market size and forecast, by Industry Vertical
  - 8.5.6.3. Africa
  - 8.5.6.3.1. Market size and forecast, by Component
  - 8.5.6.3.2. Market size and forecast, by Application
  - 8.5.6.3.3. Market size and forecast, by Organization Size
  - 8.5.6.3.4. Market size and forecast, by Industry Vertical

CHAPTER 9: COMPETITIVE LANDSCAPE

9.1. Introduction
9.2. Top winning strategies
9.3. Product mapping of top 10 player
9.4. Competitive dashboard
9.5. Competitive heatmap
9.6. Top player positioning, 2022

CHAPTER 10: COMPANY PROFILES

10.1. Oracle Corporation
- 10.1.1. Company overview
- 10.1.2. Key executives
- 10.1.3. Company snapshot
- 10.1.4. Operating business segments
- 10.1.5. Product portfolio
- 10.1.6. Business performance
- 10.1.7. Key strategic moves and developments
10.2. Proofpoint, Inc.
- 10.2.1. Company overview
- 10.2.2. Key executives
- 10.2.3. Company snapshot
- 10.2.4. Operating business segments
- 10.2.5. Product portfolio
- 10.2.6. Key strategic moves and developments
10.3. Qualys, Inc.
- 10.3.1. Company overview
- 10.3.2. Key executives
- 10.3.3. Company snapshot
- 10.3.4. Operating business segments
- 10.3.5. Product portfolio
- 10.3.6. Business performance
- 10.3.7. Key strategic moves and developments
10.4. Okta
- 10.4.1. Company overview
- 10.4.2. Key executives
- 10.4.3. Company snapshot
- 10.4.4. Operating business segments
- 10.4.5. Product portfolio
- 10.4.6. Business performance
10.5. Sophos Ltd.
- 10.5.1. Company overview
- 10.5.2. Key executives
- 10.5.3. Company snapshot
- 10.5.4. Operating business segments
- 10.5.5. Product portfolio
- 10.5.6. Key strategic moves and developments
10.6. Microsoft Corporation
- 10.6.1. Company overview
- 10.6.2. Key executives
- 10.6.3. Company snapshot
- 10.6.4. Operating business segments
- 10.6.5. Product portfolio
- 10.6.6. Business performance
- 10.6.7. Key strategic moves and developments
10.7. IBM Corporation
- 10.7.1. Company overview
- 10.7.2. Key executives
- 10.7.3. Company snapshot
- 10.7.4. Operating business segments
- 10.7.5. Product portfolio
- 10.7.6. Business performance
- 10.7.7. Key strategic moves and developments
10.8. Trend Micro Incorporated
- 10.8.1. Company overview
- 10.8.2. Key executives
- 10.8.3. Company snapshot
- 10.8.4. Operating business segments
- 10.8.5. Product portfolio
- 10.8.6. Business performance
- 10.8.7. Key strategic moves and developments
10.9. Cisco Systems, Inc.
- 10.9.1. Company overview
- 10.9.2. Key executives
- 10.9.3. Company snapshot
- 10.9.4. Operating business segments
- 10.9.5. Product portfolio
- 10.9.6. Business performance
- 10.9.7. Key strategic moves and developments
10.10. Forcepoint
- 10.10.1. Company overview
- 10.10.2. Key executives
- 10.10.3. Company snapshot
- 10.10.4. Operating business segments
- 10.10.5. Product portfolio
- 10.10.6. Key strategic moves and developments