Tunisia Weekly
No Result
View All Result
  • Register
  • Login
  • About Us
  • Contact Us
  • Home
  • News
  • Business
  • Finance
  • Technology
  • Lifestyle
  • Africa
  • Middle East
  • Press Releases
Submit a News Release
  • Home
  • News
  • Business
  • Finance
  • Technology
  • Lifestyle
  • Africa
  • Middle East
  • Press Releases
No Result
View All Result
Tunisia Weekly
Submit PR
Home Press Releases

Security as a Service Market Industry Statistics, Opportunities, Assessment, Demand, Scope and Forecast 2026

Joseph Nchor by Editorial Staff
September 15, 2022
in Press Releases
Share on FacebookShare on Twitter


(EMAILWIRE.COM, September 15, 2022 ) According to a research report “Security as a Service Market by Component (Solution and Service), Application (Network Security, Endpoint Security, Application Security, and Cloud), Organization Size (SMEs, Large Enterprises), Vertical, and Region – Global Forecast to 2026″ published by MarketsandMarkets, the global security as a service market size 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.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=132531603

The application security segment is expected to grow at a higher CAGR during the forecast period

Application security solutions and services enable enterprises to secure their business-sensitive applications through greater visibility, control, and the use of existing security solutions, such as Identity and Access Management (IAM), web filtering, and application whitelisting. These enable the security of enterprise applications and software codes from external and internal threats, including web attacks, Distributed Denial of Service (DDoS), site scraping, and frauds.

Business-sensitive applications are one of the primary targets of attackers, as they carry information about critical assets, as well as processes that are followed by an enterprise. Cloud-based application security solutions and services are providing cost-effective and scalability functionality to customers, which is thereby inducing high growth in this market.

The BFSI vertical is expected to maintain the leading position in terms of revenue generation during the forecast period

Increased instances of spyware/keylogger, Trojans, viruses, ransomware, and other malware in the Banking, Financial Services, and Insurance (BFSI) vertical are driving the adoption of security as a service solutions. The BFSI vertical is also a major target for cybercriminals, as it holds sensitive information of employees, customers, assets, offices, branches, and operations. Furthermore, with stricter regulations and increasing instances of frauds and cyber-attacks, the need for real-time detection and protection from advanced threat and brand protection is driving the growth of the security as a service market in the BFSI vertical.

The Identity and Access Management (IAM) segment to account for the highest market share in 2021

Security and vulnerability management is the procedure in which vulnerabilities in IT are identified and the risks of these vulnerabilities are assessed. It is a proactive approach to secure sensitive data by eliminating the weaknesses of network security, which include contingent cyber threats, such as dormant malware attacks and other advanced invasion techniques. The process consists of checking and identifying risks, along with mitigation and patching of the unwanted software program.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=132531603

Businesses rely on the solution to quickly assess and prioritize the vulnerabilities, along with scanning the network asset information, security configuration, and threat intelligence. With the increasing instances of cyber-attacks, the Internet of Things (IoT) and connected device vulnerabilities and growing pressure from cybersecurity regulations, the SIEM segment is expected to garner the highest revenue during the forecast period.

North America is expected to account for the largest market size during the forecast period

North America is expected to account for the largest market size in the overall security as a service market during the forecast period. The increase in the number of IoT & connected devices, and vulnerabilities associated with them are some of the factors driving the adoption of security as a service. The presence of many security as a service vendors, as well as widespread awareness about these solutions would continue to account for the region’s highest market share during the forecast period.

The security as a service market comprises major solution providers, such as Trend Micro (Japan), IBM (US), Microsoft (US), Zscaler (US), McAfee (US), Forcepoint (US), Sophos (UK), Clearswift (UK), Alert Logic (US), Cygilant (US), Barracuda Networks (US), Panda Security (Spain), Cisco (US), Fortinet (US), Radware (China), NortonLifeLock (US), Mindsight (US), Sentinel Technologies (US), Happiest Minds (India), Okta (US), Proofpoint (US), Qualys (US), Kaspersky Lab (US), Stratejm (Canada), and HackerOne (US). The study includes an in-depth competitive analysis of the key players in the security as a service market, along with their company profiles, recent developments, and key market strategies.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Aashish Mehra

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA : 1-888-600-6441

sales@marketsandmarkets.com



Source link

Previous Post

Glimmer of Hope

Next Post

SOC as a Service Market Predicted to Grow $10.1 billion by 2027

RECOMMENDED NEWS

As Part of the “AfriSummit 2024” Activities A High-Level Meeting between Uganda and Egypt to Strengthen Pharmaceutical Cooperation and Expand the African Market

ضمن فعاليات “قمة إفريقيا للشؤون التنظيمية 2024” اجتماع رفيع بين أوغندا ومصر لتعزيز التعاون الدوائي وتوسيع السوق الإفريقية

6 months ago
“معرض دبي الدولي للأخشاب” ينطلق 5 مارس المقبل بمشاركة 682 عارض محلي وعالمي

“معرض دبي الدولي للأخشاب” ينطلق 5 مارس المقبل بمشاركة 682 عارض محلي وعالمي

1 year ago
Turkey Could Host Gulf Countries in the Fintech Sector

Turkey Could Host Gulf Countries in the Fintech Sector

1 year ago

Tunisia Investment Forum Tunisia: a strategic platform for successful investment and partnership

11 months ago

BROWSE BY CATEGORIES

  • Africa
  • Business
  • Finance
  • Lifestyle
  • Middle East
  • News
  • Press Releases
  • Technology

POPULAR NEWS

  • VideoMost Awarded 2023 Excellence Award by INTERNET TELEPHONY Magazine

    VideoMost Awarded 2023 Excellence Award by INTERNET TELEPHONY Magazine

    0 shares
    Share 0 Tweet 0
  • Tunisia unveils economic plan betting heavily on private investment

    0 shares
    Share 0 Tweet 0
  • Global Asia-Pacific Polypropylene Terephthalate Market is projected to reach the value of $11.52 Billion by 2030

    0 shares
    Share 0 Tweet 0
  • Wahyd Expands Tech-Enabled Logistics Platform to Saudi Arabia

    0 shares
    Share 0 Tweet 0
  • Global APAC Electrical Insulation Materials Market is projected to reach the value of $4.29 Billion by 2030

    0 shares
    Share 0 Tweet 0

About Us

Tunisia Weekly™ reports and aggregates business, socio-economic, Tech and industrial news on Tunisia,Africa and the Middle East.

We provide press release distribution to media outlets in Tunisia, other countries in the Arab World, the Middle East and Africa (MEA). Submit a press release or contact us today.

Categories

News

Business

Finance

Technology

Lifestyle

AFRICA

Middle East

Press Releases

Recent News

Recent Posts
  • تُقدّم TELESIN ابتكاراتها في إكسسوارات الهواتف الذكية وكاميرات الأكشن خلال معرض CABSAT 2025 في دبي
  • How Health Insurance Promotes Work-Life Balance
  • WealthTech Solutions Market Poised for Significant Growth, Driven by Changing Consumer Preferences and Digital Advancements as per Maximize Research.
  • Market for Call Center Outsourcing Advances with Inbound Services and Voice Support Leading the Segment Growth as per Maximize Research.

Subscribe to Our Newsletter

    Share Us

    Contact Us

    • +1 832 716 2363
    • +12816454086
    • Email: Email Us
    • Skype: groupwebmedia

    The TunisiaWeekly.com™ is part of GroupWeb Media Network. © 2025 GroupWeb Media LLC

    • About Us
    • Contact Us
    • Submit a Press Release
    No Result
    View All Result
    • Register
    • Login
    • News
    • Business
    • Finance
    • Technology
    • Lifestyle
    • Africa
    • Middle East
    • Press Releases
    • About Us
      • Contact Us

    The TunisiaWeekly.com™ is part of GroupWeb Media Network. © 2025 GroupWeb Media LLC