Security as a Service Market, Global Outlook and Forecast 2023-2029

Report ID: MMG218904 | Category: Service & Software | Pages: 67 | Format: PDF | Published Date: September 16,2023

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Report Summary

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.
This report aims to provide a comprehensive presentation of the global market for Security as a Service, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Security as a Service. This report contains market size and forecasts of Security as a Service in global, including the following market information:
Global Security as a Service Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Security as a Service market was valued at US$ 6954.4 million in 2022 and is projected to reach US$ 16280 million by 2029, at a CAGR of 12.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Security as a Service companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Security as a Service Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Security as a Service Market Segment Percentages, by Type, 2022 (%)
    Authentication
    Anti-Virus
    Anti-Malware/Spyware
    Intrusion Detection
    Penetration Testing
    Security Event Management
    Other
Global Security as a Service Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Security as a Service Market Segment Percentages, by Application, 2022 (%)
    Commercial
    Government
    Residential
    Other
Global Security as a Service Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Security as a Service Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Security as a Service revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Security as a Service revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    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
Outline of Major Chapters:
Chapter 1: Introduces the definition of Security as a Service, market overview.
Chapter 2: Global Security as a Service market size in revenue.
Chapter 3: Detailed analysis of Security as a Service company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Security as a Service in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.

1 Introduction to Research & Analysis Reports
    1.1 Security as a Service Market Definition
    1.2 Market Segments
        1.2.1 Market by Type
        1.2.2 Market by Application
    1.3 Global Security as a Service Market Overview
    1.4 Features & Benefits of This Report
    1.5 Methodology & Sources of Information
        1.5.1 Research Methodology
        1.5.2 Research Process
        1.5.3 Base Year
        1.5.4 Report Assumptions & Caveats
2 Global Security as a Service Overall Market Size
    2.1 Global Security as a Service Market Size: 2022 VS 2029
    2.2 Global Security as a Service Market Size, Prospects & Forecasts: 2018-2029
    2.3 Key Market Trends, Opportunity, Drivers and Restraints
        2.3.1 Market Opportunities & Trends
        2.3.2 Market Drivers
        2.3.3 Market Restraints
3 Company Landscape
    3.1 Top Security as a Service Players in Global Market
    3.2 Top Global Security as a Service Companies Ranked by Revenue
    3.3 Global Security as a Service Revenue by Companies
    3.4 Top 3 and Top 5 Security as a Service Companies in Global Market, by Revenue in 2022
    3.5 Global Companies Security as a Service Product Type
    3.6 Tier 1, Tier 2 and Tier 3 Security as a Service Players in Global Market
        3.6.1 List of Global Tier 1 Security as a Service Companies
        3.6.2 List of Global Tier 2 and Tier 3 Security as a Service Companies
4 Market Sights by Product
    4.1 Overview
        4.1.1 By Type - Global Security as a Service Market Size Markets, 2022 & 2029
        4.1.2 Authentication
        4.1.3 Anti-Virus
        4.1.4 Anti-Malware/Spyware
        4.1.5 Intrusion Detection
        4.1.6 Penetration Testing
        4.1.7 Security Event Management
        4.1.8 Other
    4.2 By Type - Global Security as a Service Revenue & Forecasts
        4.2.1 By Type - Global Security as a Service Revenue, 2018-2023
        4.2.2 By Type - Global Security as a Service Revenue, 2024-2029
        4.2.3 By Type - Global Security as a Service Revenue Market Share, 2018-2029
5 Sights by Application
    5.1 Overview
        5.1.1 By Application - Global Security as a Service Market Size, 2022 & 2029
        5.1.2 Commercial
        5.1.3 Government
        5.1.4 Residential
        5.1.5 Other
    5.2 By Application - Global Security as a Service Revenue & Forecasts
        5.2.1 By Application - Global Security as a Service Revenue, 2018-2023
        5.2.2 By Application - Global Security as a Service Revenue, 2024-2029
        5.2.3 By Application - Global Security as a Service Revenue Market Share, 2018-2029
6 Sights by Region
    6.1 By Region - Global Security as a Service Market Size, 2022 & 2029
    6.2 By Region - Global Security as a Service Revenue & Forecasts
        6.2.1 By Region - Global Security as a Service Revenue, 2018-2023
        6.2.2 By Region - Global Security as a Service Revenue, 2024-2029
        6.2.3 By Region - Global Security as a Service Revenue Market Share, 2018-2029
    6.3 North America
        6.3.1 By Country - North America Security as a Service Revenue, 2018-2029
        6.3.2 US Security as a Service Market Size, 2018-2029
        6.3.3 Canada Security as a Service Market Size, 2018-2029
        6.3.4 Mexico Security as a Service Market Size, 2018-2029
    6.4 Europe
        6.4.1 By Country - Europe Security as a Service Revenue, 2018-2029
        6.4.2 Germany Security as a Service Market Size, 2018-2029
        6.4.3 France Security as a Service Market Size, 2018-2029
        6.4.4 U.K. Security as a Service Market Size, 2018-2029
        6.4.5 Italy Security as a Service Market Size, 2018-2029
        6.4.6 Russia Security as a Service Market Size, 2018-2029
        6.4.7 Nordic Countries Security as a Service Market Size, 2018-2029
        6.4.8 Benelux Security as a Service Market Size, 2018-2029
    6.5 Asia
        6.5.1 By Region - Asia Security as a Service Revenue, 2018-2029
        6.5.2 China Security as a Service Market Size, 2018-2029
        6.5.3 Japan Security as a Service Market Size, 2018-2029
        6.5.4 South Korea Security as a Service Market Size, 2018-2029
        6.5.5 Southeast Asia Security as a Service Market Size, 2018-2029
        6.5.6 India Security as a Service Market Size, 2018-2029
    6.6 South America
        6.6.1 By Country - South America Security as a Service Revenue, 2018-2029
        6.6.2 Brazil Security as a Service Market Size, 2018-2029
        6.6.3 Argentina Security as a Service Market Size, 2018-2029
    6.7 Middle East & Africa
        6.7.1 By Country - Middle East & Africa Security as a Service Revenue, 2018-2029
        6.7.2 Turkey Security as a Service Market Size, 2018-2029
        6.7.3 Israel Security as a Service Market Size, 2018-2029
        6.7.4 Saudi Arabia Security as a Service Market Size, 2018-2029
        6.7.5 UAE Security as a Service Market Size, 2018-2029
7 Security as a Service Companies Profiles
    7.1 Cisco Systems
        7.1.1 Cisco Systems Company Summary
        7.1.2 Cisco Systems Business Overview
        7.1.3 Cisco Systems Security as a Service Major Product Offerings
        7.1.4 Cisco Systems Security as a Service Revenue in Global Market (2018-2023)
        7.1.5 Cisco Systems Key News & Latest Developments
    7.2 Honeywell
        7.2.1 Honeywell Company Summary
        7.2.2 Honeywell Business Overview
        7.2.3 Honeywell Security as a Service Major Product Offerings
        7.2.4 Honeywell Security as a Service Revenue in Global Market (2018-2023)
        7.2.5 Honeywell Key News & Latest Developments
    7.3 Samsung Techwin
        7.3.1 Samsung Techwin Company Summary
        7.3.2 Samsung Techwin Business Overview
        7.3.3 Samsung Techwin Security as a Service Major Product Offerings
        7.3.4 Samsung Techwin Security as a Service Revenue in Global Market (2018-2023)
        7.3.5 Samsung Techwin Key News & Latest Developments
    7.4 Hewlett-Packard Enterprise
        7.4.1 Hewlett-Packard Enterprise Company Summary
        7.4.2 Hewlett-Packard Enterprise Business Overview
        7.4.3 Hewlett-Packard Enterprise Security as a Service Major Product Offerings
        7.4.4 Hewlett-Packard Enterprise Security as a Service Revenue in Global Market (2018-2023)
        7.4.5 Hewlett-Packard Enterprise Key News & Latest Developments
    7.5 S2 Security
        7.5.1 S2 Security Company Summary
        7.5.2 S2 Security Business Overview
        7.5.3 S2 Security Security as a Service Major Product Offerings
        7.5.4 S2 Security Security as a Service Revenue in Global Market (2018-2023)
        7.5.5 S2 Security Key News & Latest Developments
    7.6 Panasonic
        7.6.1 Panasonic Company Summary
        7.6.2 Panasonic Business Overview
        7.6.3 Panasonic Security as a Service Major Product Offerings
        7.6.4 Panasonic Security as a Service Revenue in Global Market (2018-2023)
        7.6.5 Panasonic Key News & Latest Developments
    7.7 Bosch Security Systems
        7.7.1 Bosch Security Systems Company Summary
        7.7.2 Bosch Security Systems Business Overview
        7.7.3 Bosch Security Systems Security as a Service Major Product Offerings
        7.7.4 Bosch Security Systems Security as a Service Revenue in Global Market (2018-2023)
        7.7.5 Bosch Security Systems Key News & Latest Developments
    7.8 CheckPoint Software Technologies
        7.8.1 CheckPoint Software Technologies Company Summary
        7.8.2 CheckPoint Software Technologies Business Overview
        7.8.3 CheckPoint Software Technologies Security as a Service Major Product Offerings
        7.8.4 CheckPoint Software Technologies Security as a Service Revenue in Global Market (2018-2023)
        7.8.5 CheckPoint Software Technologies Key News & Latest Developments
    7.9 Siemens
        7.9.1 Siemens Company Summary
        7.9.2 Siemens Business Overview
        7.9.3 Siemens Security as a Service Major Product Offerings
        7.9.4 Siemens Security as a Service Revenue in Global Market (2018-2023)
        7.9.5 Siemens Key News & Latest Developments
    7.10 Axis
        7.10.1 Axis Company Summary
        7.10.2 Axis Business Overview
        7.10.3 Axis Security as a Service Major Product Offerings
        7.10.4 Axis Security as a Service Revenue in Global Market (2018-2023)
        7.10.5 Axis Key News & Latest Developments
    7.11 Fortinet
        7.11.1 Fortinet Company Summary
        7.11.2 Fortinet Business Overview
        7.11.3 Fortinet Security as a Service Major Product Offerings
        7.11.4 Fortinet Security as a Service Revenue in Global Market (2018-2023)
        7.11.5 Fortinet Key News & Latest Developments
    7.12 Schneider Electric
        7.12.1 Schneider Electric Company Summary
        7.12.2 Schneider Electric Business Overview
        7.12.3 Schneider Electric Security as a Service Major Product Offerings
        7.12.4 Schneider Electric Security as a Service Revenue in Global Market (2018-2023)
        7.12.5 Schneider Electric Key News & Latest Developments
    7.13 Salient Systems
        7.13.1 Salient Systems Company Summary
        7.13.2 Salient Systems Business Overview
        7.13.3 Salient Systems Security as a Service Major Product Offerings
        7.13.4 Salient Systems Security as a Service Revenue in Global Market (2018-2023)
        7.13.5 Salient Systems Key News & Latest Developments
    7.14 NortekSecurity
        7.14.1 NortekSecurity Company Summary
        7.14.2 NortekSecurity Business Overview
        7.14.3 NortekSecurity Security as a Service Major Product Offerings
        7.14.4 NortekSecurity Security as a Service Revenue in Global Market (2018-2023)
        7.14.5 NortekSecurity Key News & Latest Developments
8 Conclusion
9 Appendix
    9.1 Note
    9.2 Examples of Clients
    9.3 Disclaimer

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Security as a Service Market, Global Outlook and Forecast 2023-2029

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