Global Security as a Service Market Size, Status and Forecast 2019-2025

Security as a service (SECaaS) is a business model in which a service provider integrates their security services into a corporate infrastructure on a subscription basis more cost effectively than most individuals or corporations can provide on their own, when total cost of ownership is considered. SECaaS is inspired by the "software as a service" model as applied to information security type services and does not require on-premises hardware, avoiding substantial capital outlays. These security services often include authentication, anti-virus, anti-malware/spyware, intrusion detection, Penetration testing and security event management, among others.
The commercial segment accounted for about 50% of the total shares of the market and dominated the industry. Retail firms are the major contributors to this market segment since they employ a number of security technologies such as electronic article surveillance systems, radio frequency identification systems, and video surveillance systems. Since this demands the need for separate space for data storage and additional security for ensuring that this data is not tampered with, this segment will have a continuous demand for security services in the coming years as well. Additionally, financial institutions also use security systems such as in banks and ATM centers, and this will also add to the growth of the market in this segment.
Due to the high adoption of cloud video surveillance solutions, the recent years witnessed the increased adoption of the security systems in the Americas. The US has always been a major adopter of new security technologies and will be the major contributor to the market.
In 2018, the global Security as a Service market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.

This report focuses on the global Security as a Service status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Security as a Service development in United States, Europe and China.

The key players covered in this study
Cisco Systems
Honeywell
Samsung Techwin
Hewlett-Packard Enterprise
S2 Security
Panasonic
Bosch Security Systems
CheckPoint Software Technologies
Siemens
Axis
Fortinet
Schneider Electric
Salient Systems
NortekSecurity

Market segment by Type, the product can be split into
Authentication
Anti-Virus
Anti-Malware/Spyware
Intrusion Detection
Penetration Testing
Security Event Management
Other

Market segment by Application, split into
Commercial
Government
Residential
Other

Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America

The study objectives of this report are:
To analyze global Security as a Service status, future forecast, growth opportunity, key market and key players.
To present the Security as a Service development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.

In this study, the years considered to estimate the market size of Security as a Service are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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