The global security as a service market is expected to grow from USD 12.4 billion in 2021 to USD 23.8 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 13.8% during the forecast period. The key growth driver of the security as a service market are mandates to follow regulatory and data protection laws, increase in demand for cloud-based security solutions among SMEs, and high cost and risks in managing on-premises security solutions.
Europe is expected to grow at the highest CAGR during the forecast period
Europe includes major economies, such as UK, Germany and France, which are rapidly deploying the security as a service solution. Europe is expected to grow at the highest CAGR during the forecast period. The Europe security as a service market is gaining traction, as this region is showing the highest growth of cloud-based technologies and solutions adopted for their business functions, and this, in turn, increases the need to secure these solutions against cyber threats and attacks. SMEs, as well as large organizations in the Europe region, have become more aware of security as a service and started adopting them to combat cyber frauds and data thefts to their cloud-based applications.
The services segment is expected to grow at a higher CAGR during the forecast period
The security as a service market by service includes consulting, training and education, and support and maintenance services. These services help clients understand their solutions and related processes. The solution segment is expected to hold a larger market size during the forecast period. Security as a service solutions are being deployed by a large number of Small and Medium-sized Enterprises (SMEs) to secure their organizations from the increasing cyber threats across their cloud-based applications and platforms.
Increasing adoption of cloud-based applications and platforms in SMEs is expected to drive the growth of the SMEs segment during the forecast period
The SME segment is expected to grow at a higher CAGR, owing to the rising deployment of the security as a service solution by SMEs to protect their cloud-based applications proactively. SMEs are small in terms of their size but cater to a large number of customers globally. The robust and comprehensive security as a service solution is not implemented in SMEs, due to financial constraints in these organizations. Weak cybersecurity and low budget make SMEs more susceptible to data breaches and identity thefts.
However, the rising sophistication level of cyber-attacks and the increasing need to protect the cloud-based applications and platforms for ensuring customer data protection as well as organization data protection are expected to drive the growth of the market among SMEs. The large enterprise segment to hold a higher market share in 2021 owing to the initial adoption of cloud-based security solutions.
Research Coverage
The report covers the security as a service solutions and services across segments. It aims at estimating the market size and growth potential of this market across segments, such as component, solution, service, application, organization size, verticals, and regions. Furthermore, the report also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, product and business offerings, recent developments, and key market strategies.
Breakdown of Primaries
In-depth interviews were conducted with CEOs, marketing directors, innovation and technology directors, and executives from various key organizations operating in the security as a service market.
- By Company Type: Tier 1: 35%, Tier 2: 45%, and Tier 3: 20%
- By Designation: C-Level: 35%, Director Level: 25%, and Others: 40%
- By Region: North America: 45%, Europe: 30%, APAC: 20%, and RoW: 5%
Key Benefits of Buying the Report
The report would help the market leaders/new entrants in this market with information about the closest approximations of the revenue numbers for the overall security as a service market and its subsegments. It would help stakeholders understand the competitive landscape and gain more insights to better their positions and plan suitable go-to-market strategies. It also helps stakeholders understand the pulse of the market and provides them with information about key market drivers, restraints, challenges, and opportunities.
Table of Contents
1.2 COVID-19 Health Assessment
Figure 1 COVID-19: Global Propagation
Figure 2 COVID-19 Propagation: Select Countries
1.3 COVID-19 Economic Assessment
Figure 3 Revised Gross Domestic Product Forecasts for Select G20 Countries in 2020
1.3.1 COVID-19 Economic Impact - Scenario Assessment
Figure 4 Criteria Impacting Global Economy
Figure 5 Scenarios in Terms of Recovery of Global Economy
1.4 Objectives of the Study
1.5 Market Definition
1.5.1 Inclusions and Exclusions
1.6 Market Scope
1.6.1 Market Segmentation
1.6.2 Regions Covered
1.6.3 Years Considered
1.7 Currency Considered
Table 1 USD Exchange Rates, 2018-2021
1.8 Stakeholders
1.9 Summary of Changes
Figure 6 Security as a Service Market: Research Design
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakup of Primary Profiles
2.1.2.2 Key Industry Insights
2.2 Data Triangulation
2.3 Market Size Estimation
2.3.1 Revenue Estimates
Figure 7 Market Size Estimation Methodology: Approach 1
2.3.2 Demand-Side Analysis
Figure 8 Market Size Estimation Methodology: Approach 2
2.3.3 Top-Down Approach
Figure 9 Market Size Estimation Methodology, Approach 1 - Supply-Side Analysis
Figure 10 Market Size Estimation Methodology: Illustrative Example of Trend Micro
Figure 11 Market Size Estimation Methodology - Approach 2 (Bottom-Up) - Supply Side: Collective Revenue from Tools and Services
2.4 Market Forecast
Table 2 Factor Analysis
2.5 Assumptions for the Study
2.6 Limitations of the Study
Table 4 Market Size and Growth Rate, 2021-2026 (USD Billion, Y-O-Y%)
Figure 12 Services Segment to Grow at a Higher CAGR During the Forecast Period
Figure 13 Market to Witness Significant Growth in the Global Market During the Forecast Period
Figure 14 North America to Hold the Largest Market Share in 2021
Figure 15 Fastest-Growing Segments of the Market
Figure 16 Increasing Cyberattacks, Stringent Regulations, and Growing Cloud Adoption to Drive the Deployment of Security as a Service Solutions
4.2 Market Share of Top Three Verticals and Regions
Figure 17 BFSI Vertical and North America Region to Account for the Largest Market Shares in 2021
4.3 Market, by Solution, 2021
Figure 18 Identity and Access Management Segment to Account for the Largest Market Share During the Forecast Period
4.4 Market, by Service, 2021
Figure 19 Support and Maintenance Segment to Account for the Largest Market Share During the Forecast Period
4.5 Market, by Organization Size, 2021
Figure 20 Large Enterprises Segment to Account for a Larger Market Share in 2021
4.6 Market Investment Scenario, by Region
Figure 21 Europe to Emerge as the Best Market for Investments in the Next Five Years
5.2 Market Dynamics
Figure 22 Drivers, Restraints, Opportunities, and Challenges: Security as a Service Market
5.2.1 Drivers
5.2.1.1 Increasing Need for Cloud-based Security Solutions Among SMEs
5.2.1.2 Mandate to Follow Regulatory and Data Protection Laws
5.2.1.3 Growing Demand for Cyber-Savvy Boards
5.2.2 Restraints
5.2.2.1 Organizations’ Doubts Related to Cloud-based Security
5.2.2.2 Availability of Free Security Service and Security Solution Suites
5.2.3 Opportunities
5.2.3.1 Increasing Adoption of Cloud-based Services Among SMEs
5.2.3.2 Rapid Growth in Bring Your Own Device and Carry Your Own Device Trends
5.2.4 Challenges
5.2.4.1 Designing and Implementation Difficulties in Deploying Security as a Service Solution
5.2.4.2 Lack of Skilled IT Security Professionals
5.3 COVID-19-Driven Market Dynamics
5.3.1 Drivers and Opportunities
5.3.2 Restraints and Challenges
5.3.3 Cumulative Growth Analysis
5.4 Value Chain Analysis
Figure 23 Value Chain Analysis: Security as a Service Market
Table 5 Security as a Service: Supply Chain Analysis
5.5 Use Cases
5.5.1 Use Case: Trend Micro
5.5.2 Use Case: McAfee
5.5.3 Use Case: ProofPoint
5.5.4 Use Case: Kaspersky Lab
5.6 Market Ecosystem
Figure 24 Market Ecosystem: Market
5.7 Porter's Five Forces Model Analysis
Figure 25 Porter's Five Forces Analysis: Security as a Service Market
Table 6 Porter's Five Forces Impact Analysis
5.7.1 Threat from New Entrants
5.7.2 Threat of Substitutes
5.7.3 Bargaining Power of Suppliers
5.7.4 Bargaining Power of Buyers
5.7.5 Intensity of Competitive Rivalry
5.8 Technology Analysis
5.8.1 Artificial Intelligence and Machine Learning
5.8.2 Tokenization
5.8.3 Internet of Things
5.8.4 User and Entity Behavior Analytics
5.9 Pricing Analysis
Table 7 Average Selling Price/Pricing Model of Security as a Service Solutions
5.10 Regulatory Implications
5.10.1 General Data Protection Regulation
5.10.2 Federal Information Security Management Act
5.10.3 Payment Card Industry Data Security Standard
5.10.4 Sarbanes-Oxley Act
5.10.5 Health Insurance Portability and Accountability Act
5.10.6 Gramm-Leach-Bliley Act
5.11 Patent Analysis
Figure 26 Patent Analysis - Security as a Service Market
5.12 Trends Impacting Customers in the Market
Figure 27 Trends Impacting Customers: Market
6.1.1 Components: Market Drivers
6.1.2 Components: COVID-19 Impact
Figure 28 Services Segment to Grow at a Higher CAGR During the Forecast Period
Table 8 Market Size, by Component, 2016-2020 (USD Million)
Table 9 Market Size, by Component, 2021-2026 (USD Million)
6.2 Solutions
Table 10 Solutions: Market Size, by Region, 2016-2020 (USD Million)
Table 11 Solutions: Market Size, by Region, 2021-2026 (USD Million)
6.3 Services
Table 12 Services: Market Size, by Region, 2016-2020 (USD Million)
Table 13 Services: Market Size, by Region, 2021-2026 (USD Million)
7.1.1 Solutions: Market Drivers
7.1.2 Solutions: COVID-19 Impact
Figure 29 Encryption Segment to Grow at the Highest CAGR During the Forecast Period
Table 14 Market Size, by Solution, 2016-2020 (USD Million)
Table 15 Market Size, by Solution, 2021-2026 (USD Million)
7.2 Business Continuity and Disaster Management
Table 16 Business Continuity and Disaster Management: Market Size, by Region, 2016-2020 (USD Million)
Table 17 Business Continuity and Disaster Management: Market Size, by Region, 2021-2026 (USD Million)
7.3 Continuous Monitoring
Table 18 Continuous Monitoring: Security as a Service Market Size, by Region, 2016-2020 (USD Million)
Table 19 Continuous Monitoring: Market Size, by Region, 2021-2026 (USD Million)
7.4 Data Loss Prevention
Table 20 Data Loss Prevention: Market Size, by Region, 2016-2020 (USD Million)
Table 21 Data Loss Prevention: Market Size, by Region, 2021-2026 (USD Million)
7.5 Encryption
Table 22 Encryption: Market Size, by Region, 2016-2020 (USD Million)
Table 23 Encryption: Market Size, by Region, 2021-2026 (USD Million)
7.6 Identity and Access Management
Table 24 Identity and Access Management: Market Size, by Region, 2016-2020 (USD Million)
Table 25 Identity and Access Management: Market Size, by Region, 2021-2026 (USD Million)
7.7 Intrusion Management
Table 26 Intrusion Management: Security as a Service Market Size, by Region, 2016-2020 (USD Million)
Table 27 Intrusion Management: Market Size, by Region, 2021-2026 (USD Million)
7.8 Security Information and Event Management
Table 28 Security Information and Event Management: Market Size, by Region, 2016-2020 (USD Million)
Table 29 Security Information and Event Management: Market Size, by Region, 2021-2026 (USD Million)
7.9 Vulnerability Scanning
Table 30 Vulnerability Scanning: Market Size, by Region, 2016-2020 (USD Million)
Table 31 Vulnerability Scanning: Market Size, by Region, 2021-2026 (USD Million)
7.10 Other Solutions
Table 32 Other Solutions: Market Size, by Region, 2016-2020 (USD Million)
Table 33 Other Solutions: Market Size, by Region, 2021-2026 (USD Million)
8.1.1 Services: Market Drivers
8.1.2 Services: COVID-19 Impact
Figure 30 Support and Maintenance Segment to Grow at the Highest CAGR During the Forecast Period
Table 34 Market Size, by Service, 2016-2020 (USD Million)
Table 35 Market Size, by Service, 2021-2026 (USD Million)
8.2 Training and Education
Table 36 Training and Education: Market Size, by Region, 2016-2020 (USD Million)
Table 37 Training and Education: Market Size, by Region, 2021-2026 (USD Million)
8.3 Consulting
Table 38 Consulting: Market Size, by Region, 2016-2020 (USD Million)
Table 39 Consulting: Market Size, by Region, 2021-2026 (USD Million)
8.4 Support and Maintenance
Table 40 Support and Maintenance: Market Size, by Region, 2016-2020 (USD Million)
Table 41 Support and Maintenance: Market Size, by Region, 2021-2026 (USD Million)
9.1.1 Applications: Market Drivers
9.1.2 Applications: COVID-19 Impact
Figure 31 Application Security Segment to Grow at the Highest CAGR During the Forecast Period
Table 42 Market Size, by Application, 2016-2020 (USD Million)
Table 43 Market Size, by Application, 2021-2026 (USD Million)
9.2 Network Security
Table 44 Network Security: Market Size, by Region, 2016-2020 (USD Million)
Table 45 Network Security: Market Size, by Region, 2021-2026 (USD Million)
9.3 Endpoint Security
Table 46 Endpoint Security: Market Size, by Region, 2016-2020 (USD Million)
Table 47 Endpoint Security: Market Size, by Region, 2021-2026 (USD Million)
9.4 Application Security
Table 48 Application Security: Security as a Service Market Size, by Region, 2016-2020 (USD Million)
Table 49 Application Security: Market Size, by Region, 2021-2026 (USD Million)
9.5 Cloud Security
Table 50 Cloud Security: Market Size, by Region, 2016-2020 (USD Million)
Table 51 Cloud Security: Market Size, by Region, 2021-2026 (USD Million)
9.6 Other Applications
Table 52 Other Applications: Market Size, by Region, 2016-2020 (USD Million)
Table 53 Other Applications: Market Size, by Region, 2021-2026 (USD Million)
10.1.1 Organization Size: Market Drivers
10.1.2 Organization Size: COVID-19 Impact
Figure 32 Small and Medium-Sized Enterprises Segment to Grow at a Higher CAGR During the Forecast Period
Table 54 Market Size, by Organization Size, 2016-2020 (USD Million)
Table 55 Market Size, by Organization Size, 2021-2026 (USD Million)
10.2 Small and Medium-Sized Enterprises
Table 56 Small and Medium-Sized Enterprises: Market Size, by Region, 2016-2020 (USD Million)
Table 57 Small and Medium-Sized Enterprises: Market Size, by Region, 2021-2026 (USD Million)
10.3 Large Enterprises
Table 58 Large Enterprises: Market Size, by Region, 2016-2020 (USD Million)
Table 59 Large Enterprises: Market Size, by Region, 2021-2026 (USD Million)
11.1.1 Verticals: Market Drivers
11.1.2 Verticals: COVID-19 Impact
Figure 33 Retail Vertical to Record the Highest Growth Rate During the Forecast Period
Table 60 Market Size, by Vertical, 2016-2020 (USD Million)
Table 61 Market Size, by Vertical, 2021-2026 (USD Million)
11.2 Banking, Financial Services, and Insurance
Table 62 Banking, Financial Services, and Insurance: Market Size, by Region, 2016-2020 (USD Million)
Table 63 Banking, Financial Services, and Insurance: Market Size, by Region, 2021-2026 (USD Million)
11.3 Government and Defense
Table 64 Government and Defense: Market Size, by Region, 2016-2020 (USD Million)
Table 65 Government and Defense: Market Size, by Region, 2021-2026 (USD Million)
11.4 Retail and Ecommerce
Table 66 Retail and Ecommerce: Security as a Service Market Size, by Region, 2016-2020 (USD Million)
Table 67 Retail and Ecommerce: Market Size, by Region, 2021-2026 (USD Million)
11.5 Healthcare and Life Sciences
Table 68 Healthcare and Life Sciences: Market Size, by Region, 2016-2020 (USD Million)
Table 69 Healthcare and Life Sciences: Market Size, by Region, 2021-2026 (USD Million)
11.6 IT and Telecom
Table 70 IT and Telecom: Market Size, by Region, 2016-2020 (USD Million)
Table 71 IT and Telecom: Market Size, by Region, 2021-2026 (USD Million)
11.7 Energy and Utilities
Table 72 Energy and Utilities: Market Size, by Region, 2016-2020 (USD Million)
Table 73 Energy and Utilities: Market Size, by Region, 2021-2026 (USD Million)
11.8 Manufacturing
Table 74 Manufacturing: Security as a Service Market Size, by Region, 2016-2020 (USD Million)
Table 75 Manufacturing: Market Size, by Region, 2021-2026 (USD Million)
11.9 Other Verticals
Table 76 Other Verticals: Market Size, by Region, 2016-2020 (USD Million)
Table 77 Other Verticals: Market Size, by Region, 2021-2026 (USD Million)
Figure 34 Europe to Hold the Highest Growth Rate During the Forecast Period
Table 78 Market Size, by Region, 2016-2020 (USD Million)
Table 79 Market Size, by Region, 2021-2026 (USD Million)
12.2 North America
12.2.1 North America: Market Drivers
12.2.2 North America: COVID-19 Drivers
12.2.3 North America: Regulations
Figure 35 North America: Market Snapshot
Table 80 North America: Security as a Service Market Size, by Component, 2016-2020 (USD Million)
Table 81 North America: Market Size, by Component, 2021-2026 (USD Million)
Table 82 North America: Market Size, by Solution, 2016-2020 (USD Million)
Table 83 North America: Market Size, by Solution, 2021-2026 (USD Million)
Table 84 North America: Market Size, by Service, 2016-2020 (USD Million)
Table 85 North America: Market Size, by Service, 2021-2026 (USD Million)
Table 86 North America: Market Size, by Application, 2016-2020 (USD Million)
Table 87 North America: Market Size, by Application, 2021-2026 (USD Million)
Table 88 North America: Market Size, by Organization Size, 2016-2020 (USD Million)
Table 89 North America: Market Size, by Organization Size, 2021-2026 (USD Million)
Table 90 North America: Market Size, by Vertical, 2016-2020 (USD Million)
Table 91 North America: Market Size, by Vertical, 2021-2026 (USD Million)
Table 92 North America: Market Size, by Country, 2016-2020 (USD Million)
Table 93 North America: Market Size, by Country, 2021-2026 (USD Million)
12.2.4 United States
Table 94 United States: Security as a Service Market Size, by Component, 2016-2020 (USD Million)
Table 95 United States: Market Size, by Component, 2021-2026 (USD Million)
Table 96 United States: Market Size, by Solution, 2016-2020 (USD Million)
Table 97 United States: Market Size, by Solution, 2021-2026 (USD Million)
Table 98 United States: Market Size, by Service, 2016-2020 (USD Million)
Table 99 United States: Market Size, by Service, 2021-2026 (USD Million)
Table 100 United States: Market Size, by Application, 2016-2020 (USD Million)
Table 101 United States: Market Size, by Application, 2021-2026 (USD Million)
Table 102 United States: Market Size, by Organization Size, 2016-2020 (USD Million)
Table 103 United States: Market Size, by Organization Size, 2021-2026 (USD Million)
Table 104 United States: Market Size, by Vertical, 2016-2020 (USD Million)
Table 105 United States: Market Size, by Vertical, 2021-2026 (USD Million)
12.2.5 Canada
Table 106 Canada: Security as a Service Market Size, by Component, 2016-2020 (USD Million)
Table 107 Canada: Market Size, by Component, 2021-2026 (USD Million)
Table 108 Canada: Market Size, by Solution, 2016-2020 (USD Million)
Table 109 Canada: Market Size, by Solution, 2021-2026 (USD Million)
Table 110 Canada: Market Size, by Service, 2016-2020 (USD Million)
Table 111 Canada: Market Size, by Service, 2021-2026 (USD Million)
Table 112 Canada: Market Size, by Application, 2016-2020 (USD Million)
Table 113 Canada: Market Size, by Application, 2021-2026 (USD Million)
Table 114 Canada: Market Size, by Organization Size, 2016-2020 (USD Million)
Table 115 Canada: Market Size, by Organization Size, 2021-2026 (USD Million)
Table 116 Canada: Market Size, by Vertical, 2016-2020 (USD Million)
Table 117 Canada: Market Size, by Vertical, 2021-2026 (USD Million)
12.3 Europe
12.3.1 Europe: Security as a Service Market Drivers
12.3.2 Europe: COVID-19 Impact
12.3.3 Europe: Regulatory Landscape
Table 118 Europe: Market Size, by Component, 2016-2020 (USD Million)
Table 119 Europe: Market Size, by Component, 2021-2026 (USD Million)
Table 120 Europe: Market Size, by Solution, 2016-2020 (USD Million)
Table 121 Europe: Market Size, by Solution, 2021-2026 (USD Million)
Table 122 Europe: Market Size, by Service, 2016-2020 (USD Million)
Table 123 Europe: Market Size, by Service, 2021-2026 (USD Million)
Table 124 Europe: Market Size, by Application, 2016-2020 (USD Million)
Table 125 Europe: Market Size, by Application, 2021-2026 (USD Million)
Table 126 Europe: Market Size, by Organization Size, 2016-2020 (USD Million)
Table 127 Europe: Market Size, by Organization Size, 2021-2026 (USD Million)
Table 128 Europe: Market Size, by Vertical, 2016-2020 (USD Million)
Table 129 Europe: Market Size, by Vertical, 2021-2026 (USD Million)
Table 130 Europe: Market Size, by Country, 2016-2020 (USD Million)
Table 131 Europe: Market Size, by Country, 2021-2026 (USD Million)
12.3.4 United Kingdom
Table 132 United Kingdom: Security as a Service Market Size, by Component, 2016-2020 (USD Million)
Table 133 United Kingdom: Market Size, by Component, 2021-2026 (USD Million)
Table 134 United Kingdom: Market Size, by Solution, 2016-2020 (USD Million)
Table 135 United Kingdom: Market Size, by Solution, 2021-2026 (USD Million)
Table 136 United Kingdom: Market Size, by Service, 2016-2020 (USD Million)
Table 137 United Kingdom: Market Size, by Service, 2021-2026 (USD Million)
Table 138 United Kingdom: Market Size, by Application, 2016-2020 (USD Million)
Table 139 United Kingdom: Market Size, by Application, 2021-2026 (USD Million)
Table 140 United Kingdom: Market Size, by Organization Size, 2016-2020 (USD Million)
Table 141 United Kingdom: Market Size, by Organization Size, 2021-2026 (USD Million)
Table 142 United Kingdom: Market Size, by Vertical, 2016-2020 (USD Million)
Table 143 United Kingdom: Market Size, by Vertical, 2021-2026 (USD Million)
12.3.5 Germany
Table 144 Germany: Security as a Service Market Size, by Component, 2016-2020 (USD Million)
Table 145 Germany: Market Size, by Component, 2021-2026 (USD Million)
Table 146 Germany: Market Size, by Solution, 2016-2020 (USD Million)
Table 147 Germany: Market Size, by Solution, 2021-2026 (USD Million)
Table 148 Germany: Market Size, by Service, 2016-2020 (USD Million)
Table 149 Germany: Market Size, by Service, 2021-2026 (USD Million)
Table 150 Germany: Market Size, by Application, 2016-2020 (USD Million)
Table 151 Germany: Market Size, by Application, 2021-2026 (USD Million)
Table 152 Germany: Market Size, by Organization Size, 2016-2020 (USD Million)
Table 153 Germany: Market Size, by Organization Size, 2021-2026 (USD Million)
Table 154 Germany: Market Size, by Vertical, 2016-2020 (USD Million)
Table 155 Germany: Market Size, by Vertical, 2021-2026 (USD Million)
12.3.6 France
Table 156 France: Security as a Service Market Size, by Component, 2016-2020 (USD Million)
Table 157 France: Market Size, by Component, 2021-2026 (USD Million)
Table 158 France: Market Size, by Solution, 2016-2020 (USD Million)
Table 159 France: Market Size, by Solution, 2021-2026 (USD Million)
Table 160 France: Market Size, by Service, 2016-2020 (USD Million)
Table 161 France: Market Size, by Service, 2021-2026 (USD Million)
Table 162 France: Market Size, by Application, 2016-2020 (USD Million)
Table 163 France: Market Size, by Application, 2021-2026 (USD Million)
Table 164 France: Market Size, by Organization Size, 2016-2020 (USD Million)
Table 165 France: Market Size, by Organization Size, 2021-2026 (USD Million)
Table 166 France: Market Size, by Vertical, 2016-2020 (USD Million)
Table 167 France: Market Size, by Vertical, 2021-2026 (USD Million)
12.3.7 Rest of Europe
Table 168 Rest of Europe: Security as a Service Market Size, by Component, 2016-2020 (USD Million)
Table 169 Rest of Europe: Market Size, by Component, 2021-2026 (USD Million)
Table 170 Rest of Europe: Market Size, by Solution, 2016-2020 (USD Million)
Table 171 Rest of Europe: Market Size, by Solution, 2021-2026 (USD Million)
Table 172 Rest of Europe: Market Size, by Service, 2016-2020 (USD Million)
Table 173 Rest of Europe: Market Size, by Service, 2021-2026 (USD Million)
Table 174 Rest of Europe: Market Size, by Application, 2016-2020 (USD Million)
Table 175 Rest of Europe: Market Size, by Application, 2021-2026 (USD Million)
Table 176 Rest of Europe: Market Size, by Organization Size, 2016-2020 (USD Million)
Table 177 Rest of Europe: Market Size, by Organization Size, 2021-2026 (USD Million)
Table 178 Rest of Europe: Market Size, by Vertical, 2016-2020 (USD Million)
Table 179 Rest of Europe: Market Size, by Vertical, 2021-2026 (USD Million)
12.4 Asia-Pacific
12.4.1 Asia-Pacific: Security as a Service Market Drivers
12.4.2 Asia-Pacific: COVID-19 Impact
12.4.3 Asia-Pacific: Regulations
Figure 36 Asia-Pacific: Market Snapshot
Table 180 Asia-Pacific: Market Size, by Component, 2016-2020 (USD Million)
Table 181 Asia-Pacific: Market Size, by Component, 2021-2026 (USD Million)
Table 182 Asia-Pacific: Market Size, by Solution, 2016-2020 (USD Million)
Table 183 Asia-Pacific: Market Size, by Solution, 2021-2026 (USD Million)
Table 184 Asia-Pacific: Market Size, by Service, 2016-2020 (USD Million)
Table 185 Asia-Pacific: Market Size, by Service, 2021-2026 (USD Million)
Table 186 Asia-Pacific: Market Size, by Application, 2016-2020 (USD Million)
Table 187 Asia-Pacific: Market Size, by Application, 2021-2026 (USD Million)
Table 188 Asia-Pacific: Market Size, by Organization Size, 2016-2020 (USD Million)
Table 189 Asia-Pacific: Market Size, by Organization Size, 2021-2026 (USD Million)
Table 190 Asia-Pacific: Market Size, by Vertical, 2016-2020 (USD Million)
Table 191 Asia-Pacific: Market Size, by Vertical, 2021-2026 (USD Million)
Table 192 Asia-Pacific: Market Size, by Country, 2016-2020 (USD Million)
Table 193 Asia-Pacific: Market Size, by Country, 2021-2026 (USD Million)
12.4.4 China
Table 194 China: Security as a Service Market Size, by Component, 2016-2020 (USD Million)
Table 195 China: Market Size, by Component, 2021-2026 (USD Million)
Table 196 China: Market Size, by Solution, 2016-2020 (USD Million)
Table 197 China: Market Size, by Solution, 2021-2026 (USD Million)
Table 198 China: Market Size, by Service, 2016-2020 (USD Million)
Table 199 China: Market Size, by Service, 2021-2026 (USD Million)
Table 200 China: Market Size, by Application, 2016-2020 (USD Million)
Table 201 China: Market Size, by Application, 2021-2026 (USD Million)
Table 202 China: Market Size, by Organization Size, 2016-2020 (USD Million)
Table 203 China: Market Size, by Organization Size, 2021-2026 (USD Million)
Table 204 China: Market Size, by Vertical, 2016-2020 (USD Million)
Table 205 China: Market Size, by Vertical, 2021-2026 (USD Million)
12.4.5 Japan
Table 206 Japan: Security as a Service Market Size, by Component, 2016-2020 (USD Million)
Table 207 Japan: Market Size, by Component, 2021-2026 (USD Million)
Table 208 Japan: Market Size, by Solution, 2016-2020 (USD Million)
Table 209 Japan: Market Size, by Solution, 2021-2026 (USD Million)
Table 210 Japan: Market Size, by Service, 2016-2020 (USD Million)
Table 211 Japan: Market Size, by Service, 2021-2026 (USD Million)
Table 212 Japan: Market Size, by Application, 2016-2020 (USD Million)
Table 213 Japan: Market Size, by Application, 2021-2026 (USD Million)
Table 214 Japan: Market Size, by Organization Size, 2016-2020 (USD Million)
Table 215 Japan: Market Size, by Organization Size, 2021-2026 (USD Million)
Table 216 Japan: Market Size, by Vertical, 2016-2020 (USD Million)
Table 217 Japan: Market Size, by Vertical, 2021-2026 (USD Million)
12.4.6 Australia and New Zealand
Table 218 Australia and New Zealand: Security as a Service Market Size, by Component, 2016-2020 (USD Million)
Table 219 Australia and New Zealand: Market Size, by Component, 2021-2026 (USD Million)
Table 220 Australia and New Zealand: Market Size, by Solution, 2016-2020 (USD Million)
Table 221 Australia and New Zealand: Market Size, by Solution, 2021-2026 (USD Million)
Table 222 Australia and New Zealand: Market Size, by Service, 2016-2020 (USD Million)
Table 223 Australia and New Zealand: Market Size, by Service, 2021-2026 (USD Million)
Table 224 Australia and New Zealand: Market Size, by Application, 2016-2020 (USD Million)
Table 225 Australia and New Zealand: Market Size, by Application, 2021-2026 (USD Million)
Table 226 Australia and New Zealand: Market Size, by Organization Size, 2016-2020 (USD Million)
Table 227 Australia and New Zealand: Market Size, by Organization Size, 2021-2026 (USD Million)
Table 228 Australia and New Zealand: Market Size, by Vertical, 2016-2020 (USD Million)
Table 229 Australia and New Zealand: Ice Market Size, by Vertical, 2021-2026 (USD Million)
12.4.7 India
Table 230 India: Security as a Service Market Size, by Component, 2016-2020 (USD Million)
Table 231 India: Market Size, by Component, 2021-2026 (USD Million)
Table 232 India: Market Size, by Solution, 2016-2020 (USD Million)
Table 233 India: Market Size, by Solution, 2021-2026 (USD Million)
Table 234 India: Market Size, by Service, 2016-2020 (USD Million)
Table 235 India: Market Size, by Service, 2021-2026 (USD Million)
Table 236 India: Market Size, by Application, 2016-2020 (USD Million)
Table 237 India: Market Size, by Application, 2021-2026 (USD Million)
Table 238 India: Market Size, by Organization Size, 2016-2020 (USD Million)
Table 239 India: Market Size, by Organization Size, 2021-2026 (USD Million)
Table 240 India: Market Size, by Vertical, 2016-2020 (USD Million)
Table 241 India: Market Size, by Vertical, 2021-2026 (USD Million)
12.4.8 Rest of Asia-Pacific
Table 242 Rest of Asia-Pacific: Security as a Service Market Size, by Component, 2016-2020 (USD Million)
Table 243 Rest of Asia-Pacific: Market Size, by Component, 2021-2026 (USD Million)
Table 244 Rest of Asia-Pacific: Market Size, by Solution, 2016-2020 (USD Million)
Table 245 Rest of Asia-Pacific: Market Size, by Solution, 2021-2026 (USD Million)
Table 246 Rest of Asia-Pacific: Market Size, by Service, 2016-2020 (USD Million)
Table 247 Rest of Asia-Pacific: Market Size, by Service, 2021-2026 (USD Million)
Table 248 Rest of Asia-Pacific: Market Size, by Application, 2016-2020 (USD Million)
Table 249 Rest of Asia-Pacific: Market Size, by Application, 2021-2026 (USD Million)
Table 250 Rest of Asia-Pacific: Market Size, by Organization Size, 2016-2020 (USD Million)
Table 251 Rest of Asia-Pacific: Market Size, by Organization Size, 2021-2026 (USD Million)
Table 252 Rest of Asia-Pacific: Market Size, by Vertical, 2016-2020 (USD Million)
Table 253 Rest of Asia-Pacific: Market Size, by Vertical, 2021-2026 (USD Million)
12.5 Middle East and Africa
12.5.1 Middle East and Africa: Security as a Service Market Drivers
12.5.2 Middle East and Africa: COVID-19 Impact
12.5.3 Middle East and Africa: Regulatory Landscape
Table 254 Middle East and Africa: Market Size, by Component, 2016-2020 (USD Million)
Table 255 Middle East and Africa: Market Size, by Component, 2021-2026 (USD Million)
Table 256 Middle East and Africa: Market Size, by Solution, 2016-2020 (USD Million)
Table 257 Middle East and Africa: Market Size, by Solution, 2021-2026 (USD Million)
Table 258 Middle East and Africa: Market Size, by Service, 2016-2020 (USD Million)
Table 259 Middle East and Africa: Market Size, by Service, 2021-2026 (USD Million)
Table 260 Middle East and Africa: Market Size, by Application, 2016-2020 (USD Million)
Table 261 Middle East and Africa: Market Size, by Application, 2021-2026 (USD Million)
Table 262 Middle East and Africa: Market Size, by Organization Size, 2016-2020 (USD Million)
Table 263 Middle East and Africa: Market Size, by Organization Size, 2021-2026 (USD Million)
Table 264 Middle East and Africa: Market Size, by Vertical, 2016-2020 (USD Million)
Table 265 Middle East and Africa: Market Size, by Vertical, 2021-2026 (USD Million)
Table 266 Middle East and Africa: Market Size, by Region, 2016-2020 (USD Million)
Table 267 Middle East and Africa: Market Size, by Region, 2021-2026 (USD Million)
12.5.4 Middle East
Table 268 Middle East: Security as a Service Market Size, by Component, 2016-2020 (USD Million)
Table 269 Middle East: Market Size, by Component, 2021-2026 (USD Million)
Table 270 Middle East: Market Size, by Solution, 2016-2020 (USD Million)
Table 271 Middle East: Market Size, by Solution, 2021-2026 (USD Million)
Table 272 Middle East: Market Size, by Service, 2016-2020 (USD Million)
Table 273 Middle East: Market Size, by Service, 2021-2026 (USD Million)
Table 274 Middle East: Market Size, by Application, 2016-2020 (USD Million)
Table 275 Middle East: Market Size, by Application, 2021-2026 (USD Million)
Table 276 Middle East: Market Size, by Organization Size, 2016-2020 (USD Million)
Table 277 Middle East: Market Size, by Organization Size, 2021-2026 (USD Million)
Table 278 Middle East: Market Size, by Vertical, 2016-2020 (USD Million)
Table 279 Middle East: Market Size, by Vertical, 2021-2026 (USD Million)
12.5.5 Africa
Table 280 Africa: Security as a Service Market Size, by Component, 2016-2020 (USD Million)
Table 281 Africa: Market Size, by Component, 2021-2026 (USD Million)
Table 282 Africa: Market Size, by Solution, 2016-2020 (USD Million)
Table 283 Africa: Market Size, by Solution, 2021-2026 (USD Million)
Table 284 Africa: Market Size, by Service, 2016-2020 (USD Million)
Table 285 Africa: Market Size, by Service, 2021-2026 (USD Million)
Table 286 Africa: Market Size, by Application, 2016-2020 (USD Million)
Table 287 Africa: Market Size, by Application, 2021-2026 (USD Million)
Table 288 Africa: Market Size, by Organization Size, 2016-2020 (USD Million)
Table 289 Africa: Market Size, by Organization Size, 2021-2026 (USD Million)
Table 290 Africa: Market Size, by Vertical, 2016-2020 (USD Million)
Table 291 Africa: Market Size, by Vertical, 2021-2026 (USD Million)
12.6 Latin America
12.6.1 Latin America: Security as a Service Market Drivers
12.6.2 Latin America: COVID-19 Impact
12.6.3 Latin America: Regulatory Landscape
Table 292 Latin America: Market Size, by Component, 2016-2020 (USD Million)
Table 293 Latin America: Market Size, by Component, 2021-2026 (USD Million)
Table 294 Latin America: Market Size, by Solution, 2016-2020 (USD Million)
Table 295 Latin America: Market Size, by Solution, 2021-2026 (USD Million)
Table 296 Latin America: Market Size, by Service, 2016-2020 (USD Million)
Table 297 Latin America: Market Size, by Service, 2021-2026 (USD Million)
Table 298 Latin America: Market Size, by Application, 2016-2020 (USD Million)
Table 299 Latin America: Market Size, by Application, 2021-2026 (USD Million)
Table 300 Latin America: Market Size, by Organization Size, 2016-2020 (USD Million)
Table 301 Latin America: Market Size, by Organization Size, 2021-2026 (USD Million)
Table 302 Latin America: Market Size, by Vertical, 2016-2020 (USD Million)
Table 303 Latin America: Market Size, by Vertical, 2021-2026 (USD Million)
Table 304 Latin America: Market Size, by Country, 2016-2020 (USD Million)
Table 305 Latin America: Market Size, by Country, 2021-2026 (USD Million)
12.6.4 Mexico
Table 306 Mexico: Security as a Service Market Size, by Component, 2016-2020 (USD Million)
Table 307 Mexico: Market Size, by Component, 2021-2026 (USD Million)
Table 308 Mexico: Market Size, by Solution, 2016-2020 (USD Million)
Table 309 Mexico: Market Size, by Solution, 2021-2026 (USD Million)
Table 310 Mexico: Market Size, by Service, 2016-2020 (USD Million)
Table 311 Mexico: Market Size, by Service, 2021-2026 (USD Million)
Table 312 Mexico: Market Size, by Application, 2016-2020 (USD Million)
Table 313 Mexico: Market Size, by Application, 2021-2026 (USD Million)
Table 314 Mexico: Market Size, by Organization Size, 2016-2020 (USD Million)
Table 315 Mexico: Market Size, by Organization Size, 2021-2026 (USD Million)
Table 316 Mexico: Market Size, by Vertical, 2016-2020 (USD Million)
Table 317 Mexico: Market Size, by Vertical, 2021-2026 (USD Million)
12.6.5 Brazil
Table 318 Brazil: Security as a Service Market Size, by Component, 2016-2020 (USD Million)
Table 319 Brazil: Market Size, by Component, 2021-2026 (USD Million)
Table 320 Brazil: Market Size, by Solution, 2016-2020 (USD Million)
Table 321 Brazil: Market Size, by Solution, 2021-2026 (USD Million)
Table 322 Brazil: Market Size, by Service, 2016-2020 (USD Million)
Table 323 Brazil: Market Size, by Service, 2021-2026 (USD Million)
Table 324 Brazil: Market Size, by Application, 2016-2020 (USD Million)
Table 325 Brazil: Market Size, by Application, 2021-2026 (USD Million)
Table 326 Brazil: Market Size, by Organization Size, 2016-2020 (USD Million)
Table 327 Brazil: Market Size, by Organization Size, 2021-2026 (USD Million)
Table 328 Brazil: Market Size, by Vertical, 2016-2020 (USD Million)
Table 329 Brazil: Market Size, by Vertical, 2021-2026 (USD Million)
12.6.6 Rest of Latin America
Table 330 Rest of Latin America: Security as a Service Market Size, by Component, 2016-2020 (USD Million)
Table 331 Rest of Latin America: Market Size, by Component, 2021-2026 (USD Million)
Table 332 Rest of Latin America: Market Size, by Solution, 2016-2020 (USD Million)
Table 333 Rest of Latin America: Market Size, by Solution, 2021-2026 (USD Million)
Table 334 Rest of Latin America: Market Size, by Service, 2016-2020 (USD Million)
Table 335 Rest of Latin America: Market Size, by Service, 2021-2026 (USD Million)
Table 336 Rest of Latin America: Market Size, by Application, 2016-2020 (USD Million)
Table 337 Rest of Latin America: Market Size, by Application, 2021-2026 (USD Million)
Table 338 Rest of Latin America: Market Size, by Organization Size, 2016-2020 (USD Million)
Table 339 Rest of Latin America: Market Size, by Organization Size, 2021-2026 (USD Million)
Table 340 Rest of Latin America: Market Size, by Vertical, 2016-2020 (USD Million)
Table 341 Rest of Latin America: Market Size, by Vertical, 2021-2026 (USD Million)
13.2 Market Evaluation Framework
Figure 37 Security as a Service: Market Evaluation Framework
13.3 Revenue Analysis of Leading Players
Figure 38 Security as a Service Market: Revenue Analysis
13.4 Market Share Analysis of Top Market Players
Table 342 Market: Degree of Competition
13.5 Historical Revenue Analysis
Figure 39 Revenue Analysis of Top Five Market Players
13.6 Competitive Scenario
Table 343 Market: Deals, 2020-2021
Table 344 Market: New Launches, 2020-2021
Table 345 Market: Others, 2018-2020
13.7 Ranking of Key Players in the Security as a Service Market, 2021
Figure 40 Key Players Ranking, 2021
13.8 Company Evaluation Matrix
13.8.1 Company Evaluation Matrix Definitions and Methodology
Table 346 Evaluation Criteria
13.8.2 Star
13.8.3 Pervasive
13.8.4 Emerging Leaders
13.8.5 Participants
Table 347 Company Product Footprint
Table 348 Company Industry Footprint
Table 349 Company Region Footprint
Figure 41 Security as a Service Market - Company Evaluation Matrix, 2021
13.9 Strength of Product Portfolio
Figure 42 Product Portfolio Analysis of Top Players in the Market
13.10 Business Strategy Excellence
Figure 43 Business Strategy Excellence of Top Players in the Market
13.11 Startup/SME Evaluation Matrix, 2021
13.11.1 Progressive Companies
13.11.2 Responsive Companies
13.11.3 Dynamic Companies
13.11.4 Starting Blocks
Figure 44 Security as a Service Market Startup/SME Evaluation Matrix, 2021
14.1 Major Players
14.1.1 Trend Micro
Table 350 Trend Micro: Business Overview
Figure 45 Trend Micro: Company Snapshot
Table 351 Trend Micro: Products/Solutions Offered
Table 352 Trend Micro: Security as a Service: New Product Launches
Table 353 Trend Micro: Security as a Service: Deals
14.1.2 IBM
Table 354 IBM: Business Overview
Figure 46 IBM: Company Snapshot
Table 355 IBM: Products and Services Offered
Table 356 IBM: Security as a Service: New Product Launches
Table 357 IBM: Security as a Service: Deals
14.1.3 Microsoft
Table 358 Microsoft: Business Overview
Figure 47 Microsoft: Company Snapshot
Table 359 Microsoft: Products/Solutions Offered
Table 360 Microsoft: Security as a Service: New Product Launches
Table 361 Microsoft: Security as a Service: Deals
14.1.4 Zscaler
Table 362 Zscaler: Business Overview
Figure 48 Zscaler: Company Snapshot
Table 363 Zscaler: Products/Solutions Offered
Table 364 Zscaler: Security as a Service Market: New Product Launches
Table 365 Zscaler: Market: Deals
14.1.5 McAfee
Table 366 McAfee: Business Overview
Table 367 McAfee: Products/Solutions Offered
Table 368 McAfee: Market: New Product Launches
Table 369 McAfee: Security as a Service Market: Deals
14.1.6 Forcepoint
Table 370 Forcepoint: Business Overview
Table 371 Forcepoint: Products/Solutions Offered
Table 372 Forcepoint: Security as a Service: Deals
14.1.7 Sophos
Table 373 Sophos: Business Overview
Table 374 Sophos: Products/Solutions Offered
Table 375 Sophos: Security as a Service: New Product Launches
Table 376 Sophos: Security as a Service: Deals
14.1.8 Clearswift
Table 377 Clearswift: Business Overview
Table 378 Clearswift: Products/Solutions Offered
Table 379 Clearswift: Security as a Service: Deals
14.1.9 Alert Logic
Table 380 Alert Logic: Business Overview
Table 381 Alert Logic: Products/Solutions Offered
Table 382 Alert Logic: Security as a Service: New Product Launches
Table 383 Alert Logic: Security as a Service: Deals
14.1.10 Cygilant
Table 384 Cygilant: Business Overview
Table 385 Cygilant: Products/Solutions Offered
Table 386 Cygilant: Security as a Service: Deals
14.1.11 Barracuda Networks
Table 387 Barracuda Networks: Business Overview
Table 388 Barracuda Networks: Products/Solutions Offered
Table 389 Barracuda Networks: Security as a Service: New Product Launches
Table 390 Barracuda Networks: Security as a Service: Deals
14.1.12 Panda Security
Table 391 Panda Security: Business Overview
Table 392 Panda Security: Products/Solutions Offered
*Details on Business Overview, Products and Services Offered, Recent Developments, Response to COVID-19 & Analyst's View Might Not be Captured in Case of Unlisted Companies
14.2 Other Players
14.2.1 Cisco
14.2.2 Fortinet
14.2.3 Kaspersky Lab
14.2.4 Qualys
14.2.5 NortonLifeLock
14.2.6 Okta
14.2.7 ProofPoint
14.2.8 Radware
14.2.9 Mindsight
14.2.10 Sentinel Technologies
14.2.11 Happiest Minds
14.2.12 Stratejm
14.2.13 HackerOne
Table 393 Adjacent Markets and Forecasts
15.2 Limitations
15.3 Cybersecurity Market
15.3.1 Adjacent Market: Cybersecurity Market, by Industry Vertical
Table 394 Cybersecurity Market Size, by Vertical, 2020-2026 (USD Million)
Table 395 Cybersecurity Market Size for Aerospace and Defense, by Region, 2020-2026 (USD Million)
Table 396 Cybersecurity Market Size for Government, by Region, 2020-2026 (USD Million)
Table 397 Cybersecurity Market Size for Banking, Financial Services, and Insurance, by Region, 2020-2026 (USD Million)
Table 398 Cybersecurity Market Size for IT, by Region, 2020-2026 (USD Million)
Table 399 Cybersecurity Market Size for Healthcare, by Region, 2020-2026 (USD Million)
Table 400 Cybersecurity Market Size for Retail and Consumer Goods, by Region, 2020-2026 (USD Million)
Table 401 Cybersecurity Market Size for Manufacturing, by Region, 2020-2026 (USD Million)
Table 402 Cybersecurity Market Size for Energy and Utilities, by Region, 2020-2026 (USD Million)
Table 403 Cybersecurity Market Size for Telecommunications, by Region, 2020-2026 (USD Million)
Table 404 Cybersecurity Market Size for Media and Entertainment, by Region, 2020-2026 (USD Million)
Table 405 Cybersecurity Market Size for Others, by Region, 2020-2026 (USD Million)
15.4 Security Information and Event Management Market
15.4.1 Adjacent Market: Security Information and Event Management Market, by Industry Vertical
Table 406 Information: Security Information and Event Management Market Size, by Region, 2018-2025 (USD Million)
Table 407 Finance and Insurance: Security Information and Event Management Market Size, by Region, 2018-2025 (USD Million)
Table 408 Healthcare and Social Assistance: Security Information and Event Management Market Size, by Region, 2018-2025 (USD Million)
Table 409 Retail Trade: Security Information and Event Management Market Size, by Region, 2018-2025 (USD Million)
Table 410 Manufacturing: Security Information and Event Management Market Size, by Region, 2018-2025 (USD Million)
Table 411 Utilities: Security Information and Event Management Market Size, by Region, 2018-2025 (USD Million)
Table 412 Others: Security Information and Event Management Market Size, by Region, 2018-2025 (USD Million)
16.2 Knowledge Store: The Subscription Portal
16.3 Available Customizations
Companies Mentioned
- Alert Logic
- Barracuda Networks
- Cisco
- Clearswift
- Cygilant
- Forcepoint
- Fortinet
- HackerOne
- Happiest Minds
- IBM
- Kaspersky Lab
- McAfee
- Microsoft
- Mindsight
- NortonLifeLock
- Okta
- Panda Security
- ProofPoint
- Qualys
- Radware
- Sentinel Technologies
- Sophos
- Stratejm
- Trend Micro
- Zscaler
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 331 |
Published | October 2021 |
Forecast Period | 2021 - 2026 |
Estimated Market Value ( USD | $ 12.4 Billion |
Forecasted Market Value ( USD | $ 23.8 Billion |
Compound Annual Growth Rate | 13.8% |
Regions Covered | Global |
No. of Companies Mentioned | 25 |
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