A comprehensive analysis of Global SaaS Security Market has recently added by Absolute Markets Insights to its vast repository. This intelligence report includes an examination of recent scenarios, historical data and projections for the future. This research report analysed accurate data on various aspects such as type, size, application and end user. It presents the depth analysis of the competitive landscape of the industries which is helping the business to understand the threats and challenges.
Some of the primary market participants are DriveLock SE, Cisco Systems, Inc., Proofpoint, Inc., SecureAuth, Credant Technologies (Dell Technologies), LogRhythm, Inc., Trustwave Holdings, Barracuda Networks Inc., Phantom Technologies LTD, Cyren, Watchguard Technologies, Trend Micro, CipherCloud, Gemalto NV, Symantec Corporation, CloudPassage Halo, McAfee LLC. (Intel Security Group), CA Technologies, IBM, Panda Security S.L. amongst others.
Global SaaS security market, in terms of revenue, which was estimated at US$ 2110.57 million in 2020, is expected to reach US$ 6895.25 million in 2030.
View Full Report Link: https://www.absolutemarketsinsights.com/reports/SaaS-Security-Market-2018-2026-73
Global SaaS Security Market, By Component
There has been a growing demand for SaaS solutions resulting in an increased business value of SaaS solutions. To successfully and securely adopt cloud-based SaaS applications in the enterprise, SaaS security strategies are developed to guide the rest of the SaaS applications. A typical SaaS application is offered either directly by the provider or by an intermediary party called an aggregator, which bundles SaaS offerings from different providers and offers them as part of a unified application platform. Cloud computing has become an integral part of organizations because of the benefits it offers to the digitally connected world and the rising demand for these solutions are subsequently increasing the need to secure cloud solutions. This has provided a growth impetus for the SaaS security market.
SaaS Security Market, By Enterprise Size
Amongst the enterprise size segments, medium enterprises are expected to witness the fastest growth. Cloud computing is the delivery of computing services over the Internet, and it offers many potential benefits to small and medium-sized enterprises (SMEs). Implementing information technology solutions and platforms can be complex and costly for SMEs. Cloud computing can often help ease this burden by enabling SMEs to access services that they might not have the money or resources to implement or support on their own. Owing to this, the SaaS security industry is expected to witness high growth in SMEs in near future.
SaaS Security Market, By Region
On the basis of geography, North America region occupies the largest market in terms of consumption and demand for the market globally. The finance institutions in this region are driving the SaaS security market, as these institutions face the largest threat with respect to data loss and monetary loss associated with SaaS based applications. U.S in North America holds the largest market share in terms of revenue. Cloud-based security services are proliferating in the U.S. corporate world; from budding startups to established conglomerates which is driving he market.
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