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Global SaaS-based IT Security Market to Grow 22.38% by 2020 - Growing Popularity of Managed Security Service Providers - Research and Markets

DUBLIN, July 13, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global SaaS-based IT Security Market 2016-2020" report to their offering.

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The report forecasts the global SaaS-based IT security market to grow at a CAGR of 22.38% during the period 2016-2020.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend fostering market growth is the increasing demand for integrated security suites. End-users prefer integrated and converged security suites to prevent integration issues, and derive benefits from several other features associated with these suites. In addition, the increased complexity of the network infrastructure has made integration an important buying criterion; therefore, solutions with better integration ability are finding higher adoption among end-users.

According to the report, one driver facilitating growth is the growing adoption of cloud computing by organizations. Organizations worldwide adopt cloud computing technologies to reduce costs associated with managing enterprise IT infrastructure. Also, with the adoption of cloud computing services, end-users can concentrate more on organizational core activities rather than on managing applications. Further, enterprises can establish a rapid deployment model, which enables applications to be scaled quickly to match increasing usage requirements.

Further, the report states that increasing data security concerns will pose a significant challenge for this market.

Key vendors:

  • Cisco
  • IBM
  • Intel Security (McAfee)
  • Symantec

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by service

PART 07: Geographical segmentation

PART 08: Market drivers

PART 09: Impact of drivers

PART 10: Market challenges

PART 11: Impact of drivers and challenges

PART 12: Market trends

PART 13: Vendor landscape

PART 14: Key vendor analysis

PART 15: Appendix

For more information visit http://www.researchandmarkets.com/research/53q44g/global_saasbased

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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-saas-based-it-security-market-to-grow-2238-by-2020---growing-popularity-of-managed-security-service-providers---research-and-markets-300298071.html

SOURCE Research and Markets

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