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Information technology (IT) security as a service incorporates the prevention of loss of digital assets from cyber-crime and terrorism and other network service interruptions that affect daily business operations. It is utilized by varied industry verticals that involve critical technological resources. IT security forms an integral part of a system as data theft or breaches result into huge monetary losses to organizations and government institutions. Security breaches affect more than just the Information Technology (IT) infrastructure of a company. These threats cause disruptions to the entire network that impact principal business functions and mission. Moreover, organizations evaluate IT security in terms of direct influence to the successful execution of an organizations primary mission.
According to our (Global Info Research) latest study, the global Information Technology (IT) Security as a Service market size was valued at USD 154280 million in 2022 and is forecast to a readjusted size of USD 338850 million by 2029 with a CAGR of 11.9% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
With the proliferation of cloud, mobility, and bring your own device (BYOD), endpoint protection is crucial for all security departments. Rise in need for advanced security solutions, technological advancements regarding new product development, and rise in malware and phishing threats among enterprises drive the global information technology (IT) security as a service market.
This report is a detailed and comprehensive analysis for global Information Technology (IT) Security as a Service market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Information Technology (IT) Security as a Service market size and forecasts, in consumption value ($ Million), 2018-2029
Global Information Technology (IT) Security as a Service market size and forecasts by region and country, in consumption value ($ Million), 2018-2029
Global Information Technology (IT) Security as a Service market size and forecasts, by Type and by Application, in consumption value ($ Million), 2018-2029
Global Information Technology (IT) Security as a Service market shares of main players, in revenue ($ Million), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Information Technology (IT) Security as a Service
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Information Technology (IT) Security as a Service market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Cisco Systems,, Hewlett Packard Enterprise, Symantec Corporation, IPSec and Kaapagam Technologies, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Information Technology (IT) Security as a Service market is split by Type and by Application. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
- Email Encryption
- Endpoint Protection
- Data Loss Prevention
- Event Monitoring
- Information Security
- Others
Market segment by Application
- BFSI
- Healthcare
- Telecom
- Media and Entertainment
- Education
- Others
Market segment by players, this report covers
- Cisco Systems,
- Hewlett Packard Enterprise
- Symantec Corporation
- IPSec
- Kaapagam Technologies
- Quick Heal Technologies Ltd
- Barracuda Networks
- Check Point Software Technologies Ltd
- Fortinet
- Radware
- Trend Micro
Market segment by regions, regional analysis covers
- North America (United States, Canada, and Mexico)
- Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
- South America (Brazil, Argentina and Rest of South America)
- Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Information Technology (IT) Security as a Service product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Information Technology (IT) Security as a Service, with revenue, gross margin and global market share of Information Technology (IT) Security as a Service from 2018 to 2023.
Chapter 3, the Information Technology (IT) Security as a Service competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Information Technology (IT) Security as a Service market forecast, by regions, type and application, with consumption value, from 2024 to 2029.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War
Chapter 12, the key raw materials and key suppliers, and industry chain of Information Technology (IT) Security as a Service.
Chapter 13, to describe Information Technology (IT) Security as a Service research findings and conclusion.