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Security as a Service-Global Market Insights and Sales Trends 2025
Synopsis
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 global Security as a Service market size is expected to reach US$ 16920 million by 2029, growing at a CAGR of 13.5% from 2023 to 2029. The market is mainly driven by the significant applications of Security as a Service in various end use industries. The expanding demands from the Commercial, Government, Residential and Other, are propelling Security as a Service market. Authentication, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Anti-Virus segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Security as a Service, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Security as a Service market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Security as a Service market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Security as a Service sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Security as a Service covered in this report include Cisco Systems, Honeywell, Samsung Techwin, Hewlett-Packard Enterprise, S2 Security, Panasonic, Bosch Security Systems, CheckPoint Software Technologies and Siemens, etc.
The global Security as a Service market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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
Global Security as a Service market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Security as a Service market, Segment by Type:
Authentication
Anti-Virus
Anti-Malware/Spyware
Intrusion Detection
Penetration Testing
Security Event Management
Other
Global Security as a Service market, by Application
Commercial
Government
Residential
Other
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: 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 Three: 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 Four: Detailed analysis of Security as a Service companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
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 global Security as a Service market size is expected to reach US$ 16920 million by 2029, growing at a CAGR of 13.5% from 2023 to 2029. The market is mainly driven by the significant applications of Security as a Service in various end use industries. The expanding demands from the Commercial, Government, Residential and Other, are propelling Security as a Service market. Authentication, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Anti-Virus segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Security as a Service, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Security as a Service market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Security as a Service market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Security as a Service sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Security as a Service covered in this report include Cisco Systems, Honeywell, Samsung Techwin, Hewlett-Packard Enterprise, S2 Security, Panasonic, Bosch Security Systems, CheckPoint Software Technologies and Siemens, etc.
The global Security as a Service market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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
Global Security as a Service market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Security as a Service market, Segment by Type:
Authentication
Anti-Virus
Anti-Malware/Spyware
Intrusion Detection
Penetration Testing
Security Event Management
Other
Global Security as a Service market, by Application
Commercial
Government
Residential
Other
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: 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 Three: 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 Four: Detailed analysis of Security as a Service companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Security as a Service
1.1 Security as a Service Market Overview
1.1.1 Security as a Service Product Scope
1.1.2 Security as a Service Market Status and Outlook
1.2 Global Security as a Service Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Security as a Service Market Size by Region (2018-2029)
1.4 Global Security as a Service Historic Market Size by Region (2018-2023)
1.5 Global Security as a Service Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Security as a Service Market Size (2018-2029)
1.6.1 North America Security as a Service Market Size (2018-2029)
1.6.2 Europe Security as a Service Market Size (2018-2029)
1.6.3 Asia-Pacific Security as a Service Market Size (2018-2029)
1.6.4 Latin America Security as a Service Market Size (2018-2029)
1.6.5 Middle East & Africa Security as a Service Market Size (2018-2029)
2 Security as a Service Market by Type
2.1 Introduction
2.1.1 Authentication
2.1.2 Anti-Virus
2.1.3 Anti-Malware/Spyware
2.1.4 Intrusion Detection
2.1.5 Penetration Testing
2.1.6 Security Event Management
2.1.7 Other
2.2 Global Security as a Service Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Security as a Service Historic Market Size by Type (2018-2023)
2.2.2 Global Security as a Service Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Security as a Service Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Security as a Service Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Security as a Service Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Security as a Service Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Security as a Service Revenue Breakdown by Type (2018-2029)
3 Security as a Service Market Overview by Application
3.1 Introduction
3.1.1 Commercial
3.1.2 Government
3.1.3 Residential
3.1.4 Other
3.2 Global Security as a Service Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Security as a Service Historic Market Size by Application (2018-2023)
3.2.2 Global Security as a Service Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Security as a Service Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Security as a Service Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Security as a Service Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Security as a Service Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Security as a Service Revenue Breakdown by Application (2018-2029)
4 Security as a Service Competition Analysis by Players
4.1 Global Security as a Service Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Security as a Service as of 2022)
4.3 Date of Key Players Enter into Security as a Service Market
4.4 Global Top Players Security as a Service Headquarters and Area Served
4.5 Key Players Security as a Service Product Solution and Service
4.6 Competitive Status
4.6.1 Security as a Service Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Cisco Systems
5.1.1 Cisco Systems Profile
5.1.2 Cisco Systems Main Business
5.1.3 Cisco Systems Security as a Service Products, Services and Solutions
5.1.4 Cisco Systems Security as a Service Revenue (US$ Million) & (2018-2023)
5.1.5 Cisco Systems Recent Developments
5.2 Honeywell
5.2.1 Honeywell Profile
5.2.2 Honeywell Main Business
5.2.3 Honeywell Security as a Service Products, Services and Solutions
5.2.4 Honeywell Security as a Service Revenue (US$ Million) & (2018-2023)
5.2.5 Honeywell Recent Developments
5.3 Samsung Techwin
5.3.1 Samsung Techwin Profile
5.3.2 Samsung Techwin Main Business
5.3.3 Samsung Techwin Security as a Service Products, Services and Solutions
5.3.4 Samsung Techwin Security as a Service Revenue (US$ Million) & (2018-2023)
5.3.5 Hewlett-Packard Enterprise Recent Developments
5.4 Hewlett-Packard Enterprise
5.4.1 Hewlett-Packard Enterprise Profile
5.4.2 Hewlett-Packard Enterprise Main Business
5.4.3 Hewlett-Packard Enterprise Security as a Service Products, Services and Solutions
5.4.4 Hewlett-Packard Enterprise Security as a Service Revenue (US$ Million) & (2018-2023)
5.4.5 Hewlett-Packard Enterprise Recent Developments
5.5 S2 Security
5.5.1 S2 Security Profile
5.5.2 S2 Security Main Business
5.5.3 S2 Security Security as a Service Products, Services and Solutions
5.5.4 S2 Security Security as a Service Revenue (US$ Million) & (2018-2023)
5.5.5 S2 Security Recent Developments
5.6 Panasonic
5.6.1 Panasonic Profile
5.6.2 Panasonic Main Business
5.6.3 Panasonic Security as a Service Products, Services and Solutions
5.6.4 Panasonic Security as a Service Revenue (US$ Million) & (2018-2023)
5.6.5 Panasonic Recent Developments
5.7 Bosch Security Systems
5.7.1 Bosch Security Systems Profile
5.7.2 Bosch Security Systems Main Business
5.7.3 Bosch Security Systems Security as a Service Products, Services and Solutions
5.7.4 Bosch Security Systems Security as a Service Revenue (US$ Million) & (2018-2023)
5.7.5 Bosch Security Systems Recent Developments
5.8 CheckPoint Software Technologies
5.8.1 CheckPoint Software Technologies Profile
5.8.2 CheckPoint Software Technologies Main Business
5.8.3 CheckPoint Software Technologies Security as a Service Products, Services and Solutions
5.8.4 CheckPoint Software Technologies Security as a Service Revenue (US$ Million) & (2018-2023)
5.8.5 CheckPoint Software Technologies Recent Developments
5.9 Siemens
5.9.1 Siemens Profile
5.9.2 Siemens Main Business
5.9.3 Siemens Security as a Service Products, Services and Solutions
5.9.4 Siemens Security as a Service Revenue (US$ Million) & (2018-2023)
5.9.5 Siemens Recent Developments
5.10 Axis
5.10.1 Axis Profile
5.10.2 Axis Main Business
5.10.3 Axis Security as a Service Products, Services and Solutions
5.10.4 Axis Security as a Service Revenue (US$ Million) & (2018-2023)
5.10.5 Axis Recent Developments
5.11 Fortinet
5.11.1 Fortinet Profile
5.11.2 Fortinet Main Business
5.11.3 Fortinet Security as a Service Products, Services and Solutions
5.11.4 Fortinet Security as a Service Revenue (US$ Million) & (2018-2023)
5.11.5 Fortinet Recent Developments
5.12 Schneider Electric
5.12.1 Schneider Electric Profile
5.12.2 Schneider Electric Main Business
5.12.3 Schneider Electric Security as a Service Products, Services and Solutions
5.12.4 Schneider Electric Security as a Service Revenue (US$ Million) & (2018-2023)
5.12.5 Schneider Electric Recent Developments
5.13 Salient Systems
5.13.1 Salient Systems Profile
5.13.2 Salient Systems Main Business
5.13.3 Salient Systems Security as a Service Products, Services and Solutions
5.13.4 Salient Systems Security as a Service Revenue (US$ Million) & (2018-2023)
5.13.5 Salient Systems Recent Developments
5.14 NortekSecurity
5.14.1 NortekSecurity Profile
5.14.2 NortekSecurity Main Business
5.14.3 NortekSecurity Security as a Service Products, Services and Solutions
5.14.4 NortekSecurity Security as a Service Revenue (US$ Million) & (2018-2023)
5.14.5 NortekSecurity Recent Developments
6 North America
6.1 North America Security as a Service Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Security as a Service Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Security as a Service Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Security as a Service Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Security as a Service Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Security as a Service Market Dynamics
11.1 Security as a Service Industry Trends
11.2 Security as a Service Market Drivers
11.3 Security as a Service Market Challenges
11.4 Security as a Service Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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