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Security-as-a-Service (SaaS) Market: Global Industry Analysis, Size, Sales and Forecast By 2024

harsh143 kumar 2019-03-26

Global Security-as-a-Service (SaaS) market revenues totalled US$ 3.3 billion in 2016, and are anticipated to grow at a staggering CAGR of 17.1% through 2026. Key factors propelling the adoption of SaaS services include proliferation of Internet of Things (IoT) and cloud computing. The key end use sectors for SaaS include telecom and IT, BFSI, and healthcare remain the largest end-users of SaaS, with telecom and IT particularly witnessing robust adoption. By 2026, the revenue share of telecom & IT is expected to reach 30%, whereas BFSI sector will account for 20.3% of total revenues.

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Concerns about potential security threats to confidential and important information is influencing telecom & IT companies to invest in SaaS. Consequently, providing end-to-end security solutions remains a lucrative mode of operation of SaaS companies. Prominent SaaS companies, including Intel Security, Cisco Systems, Inc., and Oracle Corporation are focusing on offering customised solutions to their clients. While IT & telecom will continue to remain the most lucrative end-user, gains will be steady in the healthcare and BFSI sector.

Global SaaS market revenues remain equally concentrated between large players and local vendors. It is projected that by 2026, large companies and multinational corporations will account for over 50% share, with the rest remaining fragmented among small and medium enterprises.A key trend in the global SaaS market is that service providers are focusing on becoming integrators of holistic solution providers rather than just offering one particular type of service.

Reluctance to adopt cloud based solutions is steadily waning, and as more companies come on board, the SaaS market is anticipated to gain further traction.It is projected that the SaaS delivery market will grow at a higher rate as compared to traditional software. File sharing continues to be the leading end-use for SaaS globally, with virtual desktop infrastructure (VDI) being the otherleading segment.For global players, growth of the security services of IoT and cost advantages remain key opportunities to leverage during the forecast period.

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Although the outlook on SaaS remains positive, longstanding challenges, such as difficulty in storing unstructured data and risk of organized attacks remain key challenges. Further, easy accessibility to data makes confidential information vulnerable to cyber-attack and hacks.Some of the leading market players profiled in this report include Intel Security, Oracle Corporation, Cisco Systems, Inc., Gemalto NV, Qualys Inc., Alert Logic Inc., Trend Micro Inc., Proofpoint Inc., Zscaler, Inc., and Okta, Inc.

North America and Western Europe remain the two largest markets for SaaS, with the former accounting for over 35% revenue share of the market in 2016. The North America SaaS market was valued at US$ 1.04 billion in 2015, and is anticipated to grow at a staggering 20% CAGR through 2026. Western Europe, the second largest market globally, will also be the fastest growing market after North America.

It is worthwhile to mention that SaaS market in North America will be completely dominated by the U.S., with Canada accounting for only 22% share of the market. This is expected to further decline to nearly 19% by the end of the forecast period.

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Why Access Control Systems Are Becoming Essential for Australian Businesses

ICorp Security 15h

Enter the Access Control Security System — a smart, scalable solution built for the modern business. What Is an Access Control Security System? Types of Access Control SystemsNot all businesses have the same needs, which is why access control comes in a variety of forms:Standalone Systems — Perfect for smaller businesses with a limited number of doors. Final WordA modern Access Control Security System offers far more than just keyless entry. Read More: Access Control Security System

Understanding Risk Assessments in Melbourne Security Services

Paul Smith 2025-07-03

In the world of security services, one of the most critical steps in providing effective protection is conducting a thorough risk assessment. In Melbourne, where businesses, homes, and public spaces all have unique security needs, a detailed risk assessment is essential for designing the right security plan. A risk assessment is the process of identifying potential threats, evaluating vulnerabilities, and understanding the likelihood of different security incidents occurring. One of the main advantages of risk assessments is that they allow security providers to deliver targeted, efficient solutions rather than one-size-fits-all services. By regularly reviewing and updating risk assessments, security providers can adapt to changing circumstances and stay ahead of potential threats.

How Professional Security Services Safeguard Business Continuity

ICorp Security 2025-06-24

That’s where professional security services come into play — not just as a deterrent, but as a vital component of business continuity. Understanding Business Continuity and the Role of SecurityAt its core, business continuity is about having a plan to keep your business operational during and after disruptions. Having a professional security presence helps you:Comply with OH&S and industry-specific standardsMeet the requirements of insurance providersDemonstrate due diligence in protecting people and assetsMany insurers reward businesses that invest in professional security with reduced premiums — making it a cost-effective choice in the long run. Final ThoughtsProfessional security services are more than an operational expense — they’re a strategic investment in your business’s long-term stability. If continuity matters to your business, professional security isn’t optional — it’s essential.

Enhance Professionalism & Performance with Reliable Security Uniforms

Pro Uniforms 2025-06-30

In this guide, we’ll dive into the essentials of choosing Reliable Security Uniforms, sourcing premium Security Uniform Accessories, and working with a trusted Security Uniform Manufacturer to properly equip your Uniforms for Security Personnel. Why Reliable Security Uniforms Matter First impressions matter—especially in the security industry. That’s where reliable security uniforms come into play. By choosing reliable security uniforms that are built to last, you’re investing in long-term savings, sustainability, and brand consistency. Investing in high-quality reliable security uniforms, equipping your team with the best security uniform accessories, and working with a trusted security uniform manufacturer ensures your personnel are always prepared, professional, and respected.

Why Security Awareness Training is a Must for Government Agencies

Kensington Security Consulting 16h

Today’s security threats are more complex than ever before. Here are 8 clear reasons why this training matters and why homeland security consultants recommend it for every agency. This is part of the national security standards that all agencies must follow. The End NoteSecurity awareness training isn’t optional; it’s essential. Every government employee, whether they work in an office or out in the field, plays a role in protecting sensitive information and national safety.

Coimbatore-Based Enterprises Setting Up Internal SOC Teams

DK Vilas 2025-07-03

The increasing demand for skilled professionals has led to a significant rise in interest in cyber security training in Coimbatore. Why Coimbatore is a Cyber Security Education HubCoimbatore’s combination of academic excellence, cost-effective living, and growing industrial presence makes it a preferred destination for cyber security education. For those seeking reliable and high-quality cyber security training, SKILLOGIC has been recognized as a trusted destination by many learners. Known for its industry-oriented curriculum and hands-on approach, it has played a significant role in nurturing future cyber security professionals in the region. Whether you're a student, IT professional, or enterprise, now is the ideal time to invest in cyber security readiness.

Riber Security Expands Construction Site Security Services Across Chesterfield and Derbyshire

Construction Security 2025-07-01

Comprehensive Construction Security SolutionsRiber Security provides a wide range of services tailored to the specific risks found on construction sites. Void Property Security and Gatehouse OperativesInactive or vacant construction sites benefit from security designed to prevent trespass and damage. Over 50 Years of Trusted Security ExperienceEstablished in 1970, Riber Security brings over five decades of security expertise to every site they protect. Get in Touch TodayRiber Security invites construction managers, developers, and site owners across Derbyshire and Chesterfield to get in touch for a tailored site assessment. To secure your project with dependable, experienced protection in Construction Security Chesterfield and Construction Security Derbyshire, call 0845 548 7124 today.

AI and IoT Integration Reshape the Commercial Security System Market

prashant Vi 1d

The Commercial Security System Market is undergoing a major transformation as Artificial Intelligence (AI) and the Internet of Things (IoT) become integral to next-generation security solutions. The Shift Toward Intelligent SecurityTraditional commercial security systems—characterized by basic surveillance cameras, alarms, and manual access control—are rapidly being replaced by intelligent, connected systems. The Road AheadAs AI and IoT technologies continue to mature, they are expected to reshape the commercial security system market from reactive monitoring tools to proactive, autonomous security platforms. About MarketsandMarkets™MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. com or follow us on Twitter , LinkedIn and Facebook .

Top 7 Signs Your Home Needs a Security System

WCG Security 2025-06-24

With burglary rates fluctuating and security threats evolving, investing in a reliable residential security system is a smart move. Here are the top seven signs your home needs a security system. A security system adds a crucial layer of protection. You Want Peace of Mind Even if you haven’t experienced any security threats, home security services provide reassurance. Final Thoughts If any of these signs apply to you, it’s time to consider a security system.

Security Screening Market Grows as Nations Bolster Border and Transit Safety

prashant Vi 2025-06-25

This shift has positioned the security screening market at the forefront of innovation, with an emphasis on technologies that can deliver both efficiency and accuracy. Biometrics Transforming Identity VerificationOne of the most transformative trends within the security screening market is the widespread adoption of biometric technologies. Challenges and ConsiderationsDespite the promising growth trajectory, the deployment of advanced security screening technologies is not without challenges. The Future of Security ScreeningLooking ahead, the future of the security screening market lies in intelligent, integrated, and human-centered systems. com or follow us on Twitter, LinkedIn and Facebook.

Endpoint Security Market Sees Growth with Rising Cyber Threats

karls scott 2025-07-02

The global endpoint security market size was valued at USD 16. Key Companies & Market Share InsightsThe endpoint security market is witnessing dynamic developments, with companies introducing cost-effective, adaptive, and AI-driven security tools. Key players in the global endpoint security market include:BroadcomTrend Micro IncorporatedSophos Ltd. ConclusionThe global endpoint security market is poised for steady growth through 2030, driven by technological advancements, regulatory mandates, and the surge in mobile workforce and BYOD adoption. As cyber threats continue to evolve in complexity, enterprises are increasingly investing in intelligent, adaptive security solutions to protect their expanding digital footprints.

Global Operational Technology Security Market Report 2032

Navya Marketsndata 18h

Thus, the global OT security market can expect to continue growing in the coming years. North America Dominates the Global Operational Technology Security Market SizeNorth America leads the global operational technology (OT) security market with its dominant position across industrial foundations, rigorous cybersecurity regulations, and early embrace of breakthrough technologies. Tariffs on Global Operational Technology Security MarketThough U. tariffs are not specifically directed against cybersecurity, indirectly, they can influence the operational technology (OT) security market. Report Scope“Global Operational Technology Security Market Assessment, Opportunities and Forecast, 2018-2032F”, is a comprehensive report by Markets and Data, providing in-depth analysis and qualitative and quantitative assessment of the current state of global operational technology security market, industry dynamics, and challenges.

Vida Fire and Security Expands Specialist Surrey Security Systems from Hampshire Hub

Security Systems 2025-07-01

Hampshire, UK - July 1, 2025 — Vida Fire and Security, a trusted provider of expert fire safety and security solutions, announces the expansion of its specialist services across Surrey. Operating from its Hampshire base, the company offers high-quality Surrey Security Systems tailored to protect homes, businesses, and public buildings. Comprehensive Fire Safety Systems Tailored to Your PropertyFire Alarm Systems Built to British StandardsVida Fire and Security designs, installs, and maintains fire alarm systems compliant with British Standards. Additional Fire Protection ServicesVida Fire and Security also installs fire beam detection systems, aspirating smoke detectors, and door retainers. About Vida Fire and SecurityVida Fire and Security specialises in the design, installation, commissioning, and maintenance of fire safety and security systems.

Startups in Hyderabad Are Building Blue and Red Team Capabilities

DK Vilas 1d

Hands-On Training with Red and Blue Team ExercisesWhat sets apart quality training programs is their focus on practical application. Several startups are also collaborating with training institutions to develop custom training programs focused on their specific cybersecurity needs. Their focus on real-world applications and blue/red team drills has gained recognition among both students and corporate clients. As startups in Hyderabad continue to strengthen their digital assets, building blue and red team capabilities is becoming a strategic necessity. The demand for skilled cybersecurity professionals is higher than ever, creating vast opportunities for those entering the field.

CCTV Security Solutions in Dubai: A Smart Investment for Safety and Peace of Mind

SSIT 2025-06-24

This is the importance of CCTV security solutions in Dubai - a clever and effective method to monitor the surroundings. In recent years, there has been an increasing trend of individuals and businesses in Dubai installing CCTV cameras on their premises. When you have a CCTV security solution in Dubai then you are in control. The presence of these advanced features renders the modern CCTV security solution in Dubai not only efficient but also very simple to operate. An authorized provider can guarantee that your CCTV security system in Dubai will adhere to all the legal recommendations and local laws, such as SIRA and Dubai Police.