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Global SaaS-based IT Security Market 2016-2020

Global SaaS-based IT Security Market 2016-2020

About SaaS-based IT Security

SaaS-based IT security is a type of IT security deployment that makes use of cloud computing technology. SaaS-based IT security services, also known as security as a service (SECaaS), is a security management model wherein cloud service providers offer security services along with IT infrastructure on a subscription basis. The ultimate objective of SECaaS is to protect information systems from cyber threats while preserving the availability, integrity, and confidentiality of the information and achieve business objective. SaaS-based security services enable organization to improve their IT security companies concentrate on core business objectives by outsourcing security services to MSSPs as they have expertise in security.

Technavio’s analysts forecast the global SaaS-based IT security market to grow at a CAGR of 22.38% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global SaaS-based IT security market 2016-2020. To calculate the market size, the report considers the revenue generated from the services provided by SaaS security software vendors.The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global SaaS-based IT Security Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Cisco
  • IBM
  • Intel Security (McAfee)
  • Symantec
Other prominent vendors
  • Alert Logic
  • Barracuda Networks
  • CA Technologies
  • CipherCloud
  • CloudPassage
  • Credant Technologies
  • CYREN
  • Forcepoint
  • Fortinet
  • LogRhythm
  • Panda Security
  • Phantom Technologies
  • Proofpoint
  • Radware
  • SafeNet
  • SecureAuth
  • Sophos
  • Symplified
  • Trend Micro
  • Trustwave
  • WatchGuard Technologies
  • Zscaler
Market driver
  • Rise of BYOD concept
  • For a full, detailed list, view our report
Market challenge
  • Data security concerns
  • For a full, detailed list, view our report
Market trend
  • Growing popularity of managed security service providers
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global SaaS-based IT Security Market 2016-2020

Technavio recognizes the following companies as the key players in the global SaaS-based IT security market: Cisco, IBM, Intel Security (McAfee), and Symantec.

Other Prominent Vendors in the market are: Alert Logic, Barracuda Networks, CA Technologies, CipherCloud, CloudPassage, Credant Technologies, CYREN, Forcepoint, Fortinet, LogRhythm, Panda Security, Phantom Technologies, Proofpoint, Radware, SafeNet, SecureAuth, Sophos, Symplified, Trend Micro, Trustwave, WatchGuard Technologies, and Zscaler.

Commenting on the report, an analyst from Technavio’s team said: “One trend fostering market growth is the increasing demand for integrated security suites. End-users prefer integrated and converged security suites to prevent integration issues, and derive benefits from several other features associated with these suites. In addition, the increased complexity of the network infrastructure has made integration an important buying criterion; therefore, solutions with better integration ability are finding higher adoption among end-users.”

According to the report, one driver facilitating growth is the growing adoption of cloud computing by organizations. Organizations worldwide adopt cloud computing technologies to reduce costs associated with managing enterprise IT infrastructure. Also, with the adoption of cloud computing services, end-users can concentrate more on organizational core activities rather than on managing applications. Further, enterprises can establish a rapid deployment model, which enables applications to be scaled quickly to match increasing usage requirements.

Further, the report states that increasing data security concerns will pose a significant challenge for this market. Data security concerns remain an issue for organizations as business data are critical. Though cloud service providers implement the best security standards and industry certifications, storing data and important files on external service providers always opens up risks.

Companies Mentioned

Cisco, IBM, Intel Security (McAfee), Symantec, Alert Logic, Barracuda Networks, CA Technologies, CipherCloud, CloudPassage, Credant Technologies, CYREN, Forcepoint, Fortinet, LogRhythm, Panda Security, Phantom Technologies, Proofpoint, Radware, SafeNet, SecureAuth, Sophos, Symplified, Trend Micro, Trustwave, WatchGuard Technologies, Zscaler.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Countries covered for market analysis
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
    • Market size and forecast
      • Table Global SaaS-based IT security market 2015-2020 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by service
    • Global SaaS-based IT security market by service
      • Table Segmentation of global SaaS-based IT security market by service 2015
      • Table Global SaaS-based IT security market by service 2020
    • E-mail gateway services
      • Table Global SaaS-based IT security market by e-mail gateway services 2015-2020 ($billions)
    • IAM services
      • Table Global SaaS-based IT security market by IAM services 2015-2020 ($ billions)
    • Cloud encryption services
      • Table Global SaaS-based IT security market by cloud encryption services 2015-2020 ($billions)
    • Web gateway services
      • Table Global SaaS-based IT security market by web gateway services 2015-2020 ($ millions)
    • SIEM services
      • Table Global SaaS-based IT security market by SIEM services 2015-2020 ($ millions)
    • Others
      • Table Global SaaS-based IT security market by others 2015-2020 ($ millions)
  • Geographical segmentation
    • Global SaaS-based IT security market by geography
      • Table Global SaaS-based IT security market by geography 2015
      • Table Global SaaS-based IT security market by geography 2020
    • Americas
      • Table SaaS-based IT security market in Americas 2015-2020 ($ billions)
    • EMEA
      • Table SaaS-based IT security market in EMEA 2015-2020 ($ millions)
    • APAC
      • Table SaaS-based IT security market in EMEA 2015-2020 ($ millions)
  • Market drivers
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Competitive scenario
    • Major vendors
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • Cisco Systems
      • Table Cisco: Security as a service
      • Table Cisco: Recent development
    • IBM
      • Table IBM: Cloud services
      • Table IBM: Cloud security services
      • Table IBM: IT security services
      • Table IBM: Recent developments
    • Intel Security (McAfee)
      • Table McAfee: Security SaaS portfolio
      • Table Intel Security (McAfee): Product and solutions offerings
      • Table Intel Security (McAfee): Data center security products and solutions
      • Table Intel Security (McAfee): Recent developments
    • Symantec
      • Table Symantec: Products and services
      • Table Symantec: Cloud services
      • Table Symantec: Recent developments
  • Appendix
    • List of abbreviations
  • Explore Technavio

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