Global Security Software as a Service Market 2010-2014

Countries covered: Global TechNavio's analysts forecast the Global Security Software as a Service market to grow at a CAGR of 28.4 percent over the period 2010-2014. One of the key factors contributing to this market growth is the increasing compliance requirements. The Global Security Software as a Service market has also been witnessing increases in security SaaS offerings from large vendors. However, slow development of some security SaaS verticals could pose a challenge to the growth of this market. Key vendors dominating this market space include McAfee Inc., Symantec Corp., Cisco Systems Inc. and Trend Micro Inc. TechNavio's Global Security Software as a Service Market 2010-2014 report has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions and focuses on the Global Security Software as a Service market. The report also covers the major vendors which are operating in the Global Security Software as a Service market. Key questions answered in this report: What will the market size be in 2014 and at what rate will it grow? What key trends is this market subject to? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the opportunities and threats faced by each of these key vendors? What are the strengths and weaknesses of each of these key vendors?

Additional Information


Press Release

TechNavio Announces the Publication of its Report - Global Security Software as a Service Market 2010-2014

TechNavio, a market research leader in the area of IT Security, recently published its Global Security Software as a Service Market 2010-2014 report. The report aids decision makers’ understanding of the key trends impacting the growth of this market.

Commenting on the report, an analyst from TechNavio’s IT Security team said, “Witnessing the high demand for security SaaS, all major vendors are introducing security SaaS offerings. Vendors such as McAfee and Symantec, which are leading players in the traditional Security Software market, are coming up with security SaaS offerings that are targeted toward SMBs. These large vendors are providing a variety of security SaaS offerings from complete protection to specific solutions such as endpoint, email, vulnerability management, and web protection solutions.”

According to the report, one of the major driving factors for all IT Security markets is the growing compliance requirements. Although some of the sectors such as financial services, healthcare, and online retail are the most strictly regulated, companies from other sectors also have to comply with multiple regulations. Data breach or insider theft may lead to reputational as well as financial loss. Hence, to protect their infrastructure as well as to protect the clients' interest, the companies are adopting security solutions.

Key findings from the report:

• Increasing Focus on Ease-of-usage and Maintenance
• Integration Issues may Limit Adoption in Large Enterprises
• Increasing Adoption among SMBs

The study was carried out using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.

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