PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1775581
PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1775581
The Security As A Service Market is expected to grow from US$14.447 billion in 2025 to US$28.309 billion in 2030, at a CAGR of 14.40%.
Security As A Service Market Overview:
The fast rise in data generation and digitization has also attracted new types of cybercrimes and attacks. SaaS, sometimes known as SECaaS, has gained popularity as a way for corporate infrastructures to scale their security requirements as their organization expands, reduce the workload of their in-house security staff, and do away with the expense and upkeep of on-premises alternatives. Security solutions include things like antivirus, intrusion detection, authentication, anti-malware/spyware, penetration testing, and security event management.
SaaS solution providers link their cloud security services with corporate networks to give cloud-based security services to diverse organizations. The newest security tools and upgrades, quicker provisioning and higher agility, and resource liberation are just a few advantages of security-as-a-service. Due to its lower costs, more security knowledge, improved protection from online attacks, quicker provisioning, and increased agility, SECaaS has become more popular.
Security As A Service Market Growth Drivers:
When using the cloud, businesses can combine additional infrastructure technologies, such as software-defined perimeters, to build powerful and highly secure platforms. Moving to cloud-based platforms like Software as a Service (SaaS) and Infrastructure as a Service allows SMEs to continuously modernize their applications and infrastructures (laaS). The majority of SMEs in all industries become prime targets for cybercriminals looking to take advantage of holes in their security model.
Cloud-based apps cannot be protected from cyber attacks like malware, ransomware, phishing, and DNS data exfiltration by conventional appliance-based firewalls and security gateways. SME security administrators drive the demand for cloud-based security as service solutions to enhance performance and secure web and mobile apps, as well as crucial network infrastructures. Cloud-based security as a service solution can employ cloud services to secure apps, data, users, and devices without the need to install a large amount of security hardware on-premises. As SMEs prepare to address data and information security concerns over the cloud, the market's need for cloud-based security as a service solution is anticipated to grow.
Many government initiatives to lessen possible cyber threats and attacks are expected to create new economic services, complying with government regulations. These factors are anticipated to fuel market growth for security as a service.
Security As A Service Market Product Offerings:
Security As A Service Market Segmentation: