27 Jun Market Dynamics
MarketsandMarkets has published an interesting study on the SECaaS marketplace that I have not seen before. To be sure, there are many studies in this area and of course security and its related artifacts (brand protection, data security, data stewardship, etc.) have many impacts on both the market and its size.
For this in this field, may be another piece of data you may need for your planning:
SECaaS is a cloud-based security management approach wherein the security services are delivered through the cloud. This model benefits the organizations in a number of ways such as reduced costs, ease of IT security management, scalable security services range and continuous support. SECaaS enables organization to access and implement robust security practices. Over the next five years, the SECaaS market is expected to grow considerably due to the rise in the adoption of cloud-based security solutions across organizations.
The global SECaaS market size is estimated to grow from USD 3.12 billion in 2015 to USD 8.52 billion by 2020, at a Compound Annual Growth Rate (CAGR) of 22.2%.
Note: We have no specific relationship with the vendor, but are commented due to some content reviewed in another medium. For More Information http://tinyurl.com/h9aa3p3