The LAMEA Security as a Service Market Size would witness market growth of 20.4% CAGR during the forecast period (2018 – 2024).
Cloud - based models are now being used by organizations to adopt safety services and solutions. This shift has taken place for a number of reasons. With cloud-based security companies can eliminate the cost and difficulty of supplying, managing and scaling security software, quickly and consistently delivering the latest security technologies and updates, helping companies to remain compliant and reduce risks eventually.
Telecom companies offer more affordable, agile and enhanced services by clicking on the cloud model available on the Internet on demand. However more reliance on the cloud is a double-edged sword, given that the threats to hackers and cyber attackers posed by cloud computing are huge. It is highly likely that telecom companies will possess personal information about individuals such as names, addresses and credit card numbers, which will lead to identity theft and financial loss when hacked.
Based on Component, the market is segmented into Solutions and services. Based on Application, the market is segmented into Network Security, Endpoint Security, Application Security, and Cloud Security & Others. Based on Organization Size, the market is segmented into large enterprises and SMEs. Based on End User, the market is segmented into BFSI, Telecom & IT, Healthcare, Retail, Manufacturing, Government, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Zscaler, RUAG (Clearswift), Alert Logic, Panda Security S.L., Stratejm Inc., Sentinel Technologies Inc., Happiest Minds Technologies, Intel Corporation (McAfee), Microsoft Corporation, and Fortinet Inc.
Scope of the Study
Market Segmentation:
By Component
By Application
By Organization Size
By End User
By Country
Companies Profiled
Related Report
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