0

Global IT Security-as-a-Service Market 2016-2020

  • Published: Jun 2016
  • Pages: 77
  • SKU: IRTNTR9097
Technavio

Enjoy complimentary customisation on priority with our Enterprise License!

Get me the latest version! (includes COVID-19 impact)
Safe and Secure SSL Encrypted

info
close
  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization)
    Complimentary Customization Included

2500 USD

This market research report presents a detailed segmentation of the global IT security as a service market by product type (email encryption, endpoint protection, data loss prevention, event monitoring, information security, IAM, and others), by end-users (BFSI, healthcare, telecom, media and entertainment, education, and others), and by geography (APAC, Europe, Latin America, MEA, and North America). The leading vendors in the market are Blue Coat, Cisco, IBM, Intel Security, and Symantec.

Overview of the global information technology (IT) security as a service market

Technavio’s market research analysts estimate the global information technology (IT) security as a service market to grow at a CAGR of around 19% by 2020. One of the primary drivers for this market is the voluminous growth of organizational data. The rise in cloud services has increased the use of cloud technologies for data storage and backup functions. However, this has created a number of problems for enterprises in terms of costs and technicalities of cloud storage or backup systems. Hence, the growing need for secure disaster recovery, data backup, and fewer occurrences of data intrusion and losses will augment the adoption of IT security as a service during the forecast period.

At present, a significant trend being witnessed in the IT security as a service market is the rising investment in web and email security. IT security as a service includes security solutions such as security event monitoring and content security. However, the increased preference for network security is expected to result in the surging demand for vulnerability management and policy or compliance-related solutions in the coming years. Compliance-related security offerings such as compliance and policy assessments and security benchmarking will also observe high demand growth during the forecast period.

Segmentation by products and analysis of IT security as a service market

  • Email encryption
  • Endpoint protection
  • Data loss prevention
  • Event monitoring
  • Information security
  • IAM

The email encryption segment dominated the IT security as a service market in 2015 and accounted for approximately 22% of the total market share. The email encryption service includes authentication request and organizational data safety shared over emails. Owing to the mandatory requirement of email encryption within every organization, the segment is expected to generate high revenues in the market during the forecast period.

Geographical segmentation and analysis of IT security as a service market

  • APAC
  • Europe
  • Latin America
  • MEA
  • North America

APAC will be the fastest-growing region in the IT security as a service market and is expected to grow at a CAGR of 23% during the forecast period. The region offers tremendous growth potential as several countries in the region are heavily investing in intrusion detection, data loss prevention, and endpoint security solutions. The growing need to implement secure data privacy norms from public and private organizations will augment the market’s growth in this region.

Competitive landscape and key vendors

The market is highly fragmented with the presence of many small regional providers and large multinational vendors. The global players are acquiring regional or local vendors to expand their product portfolio and boost their market share. Competition in the market is expected to intensify further with an increase in product and service extensions, technological innovations, and M&A. The vendors are differentiating their product offerings on the basis of their service features, support, and customer base.

Key vendors in the market include -

  • Blue Coat
  • Cisco
  • IBM
  • Intel Security
  • Symantec

The other prominent vendors in the IT security as a service market are Alert Logic, Barracuda Networks, BT Global Services, CA Technologies, CenturyLink, CGI Group, CheckPoint Software Technologies, CipherCloud, Computer Sciences, CYREN, FishNet Security, Fortinet, HP, Microsoft, NTT Com Security, Panda Security, Proofpoint, Radware, Trend Micro, Trustwave, and Zscaler

Key questions answered in the report include

  • What will the market size and the growth rate be in 2020?
  • What are the key factors driving the global IT security as a service market?
  • What are the key market trends impacting the growth of the global IT security as a service market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global IT security as a service market?
  • What are the market opportunities and threats faced by the vendors in the global IT security as a service market?
  • Trending factors influencing the market shares of APAC, Europe, Latin America, MEA, and North America.
  • What are the key outcomes of the five forces analysis of the global IT security as a service market?

Technavio also offers customization on reports based on specific client requirement.

Related reports

 

Table of Content

PART 01: Executive summary

  • Highlights

PART 02: Scope of  the report

  • Market overview
  • Top-vendor offerings

PART 03: Market research methodology

Research methodology

  • Economic indicators

PART 04: Introduction

  • Key market highlights

PART 05: Market landscape

  • Market overview
  • Applications of IT security as a service
  • Benefits of IT security as a service
  • Market size and forecast
  • Five forces analysis

PART 06: Market segmentation  by products

  • Segmentation of global IT security as a service by products

PART 07: Market segmentation by end-user

  • End-user segmentation of global IT security as a service market

PART 08: Geographical segmentation

  • Geographical segmentation of global IT security as a service
  • North America
  • Europe
  • APAC
  • Latin America
  • MEA

PART 09: Market drivers

PART 10: Impact of drivers

PART 11: Market challenges

PART 12: Impact of drivers and challenges

PART 13: Market trends

PART 14: Vendor landscape

  • Competitive scenario
  • Other prominent vendors

PART 15: Key vendor analysis

  • Blue Coat Systems
  • Cisco Systems
  • IBM
  • Intel Security (McAfee)
  • Symantec

PART 16: Appendix

  • List of abbreviations

PART 17: Explore Technavio

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
Technavio

TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
Technavio

TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
Interested in this report?
Get your sample now!
  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?
  • Off-the-shelf research reports
  • Reports can be tailored to meet the customer's needs
  • Trusted by more than 100 fortune 500 organizations
  • Information about the market's key drivers, trends, and challenges
  • Parent market analysis
  • Every week, 50,000 people visit our subscription platform
  • Detailed vendors report with competitive landscape
  • Covid-19 impact and recovery analysis
  • Data on revenue-generating market segments
  • Details on the market shares of various regions
  • Five-force market analysis

Certified ISO 9001 : 2015

We are ISO recognized

We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.

We are GDPR and CCPA compliant

We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.

Safe and Secure SSL Encrypted
Technavio

info
close
  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization)
    Complimentary Customization Included

2500 USD

Technavio Get the report (PDF) sent to your email within minutes.

Subscribe & Save

Get lifetime access to our
Technavio Insights

Customized Report as per your Business Needs

  • Our analysts will work directly with you and understand your needs
  • Get data on specified regions or segments, competitor and Vendors
  • Data will be formatted and presented as per your requirements
  • We offer $1000 worth of FREE customization at the time of purchase

Let us help you make report more suited to your requirements.

  • Get a competitive breakdown as per your niche industry
  • Customize the data with various metrics that meet your business prerequisite
  • Understand Revenue Sources, Customers and many more
  • Details on Market Share
  • These customizations are done in a short amount of time by our analysts and industry experts
Technavio
Enquire Before Buying
17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>