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:
Increasing the requirement for cloud-based security solutions in SMEs to boost the market expansion
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.
Increasing Government regulations to boost the market expansion
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:
Single Sign-On: With simple connections to every programme and a Network of pre-built integrations, one may start using the cloud. With a network of more than 7,000 pre-built integrations, Okta is an SSO provider that enables users to adopt and deploy SSO to cloud apps securely in weeks rather than months, all without having to create and maintain the interfaces themselves. With more than 1,400 SAML and OpenID Connect connectors, password storage, RADIUS, and LDAP support, and links to third-party legacy SSO systems, Okta's cloud-based single sign-on service connects everything from the cloud to the ground.
Zero Trust Network Access: A SaaS solution called Zero Trust Network Access allows more granular and secure access control to any corporate resource that is hosted on-premises or in the cloud. By providing point-to-point connectivity without the use of agents or appliances, it eliminates network-level dangers by utilizing the concept of Zero Trust Access. There is no longer any room for lateral movement or network-based threats because the network-level attack surface has been completely eliminated. Implementing continuous, contextual (user, device, and resource-based context) authorization to enterprise applications and allowing a secured employee, partner, and BYOD access, prevents unauthorized access to the corporate resources. Its access and activity policies are simple to set, fine-grained, and easy to manage.
Security As A Service Market Segmentation:
By Type
Email Protection
Data Loss Prevention
Web Protection
Network Protection
Identity and Access Protection
Others
By Enterprise Size
Small
Medium
Large
By End-User Industry
BFSI
Communication and Technology
Healthcare
Government
Defense
Others
By Geography
North America
USA
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
Germany
France
United Kingdom
Spain
Others
Middle East and Africa
Saudi Arabia
UAE
Others
Asia Pacific
China
India
Japan
South Korea
Indoensia
Thailand
Others
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