{"id":139,"date":"2016-04-19T15:31:30","date_gmt":"2016-04-19T20:31:30","guid":{"rendered":"https:\/\/solutionsreview.com\/endpoint-security\/?p=139"},"modified":"2016-08-01T15:18:09","modified_gmt":"2016-08-01T19:18:09","slug":"endpoint-security-fuels-security-service-market-rising-8-52-billion-2020-report-says","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/endpoint-security\/endpoint-security-fuels-security-service-market-rising-8-52-billion-2020-report-says\/","title":{"rendered":"Endpoint Security Fuels a Security as a Service Market Rising to $8.52 Billion by 2020, Report Says"},"content":{"rendered":"

\"cloudgrowth\"The worldwide security as a service (SECaaS) market size is expected to rise at a Compound Annual Growth Rate (CAGR) of 22.2% \u00a0for the next five years\u00a0and is projected to reach from USD 3.12 billion<\/span> in 2015 to USD 8.52 billion<\/span> by 2020, according to a\u00a0recent report<\/a> from R & R Market Research.<\/p>\n

The 151-page report examines \u00a0the major factors contributing to the\u00a0growth of security as a service (SECaaS) market, including the\u00a0rise in demand for cloud-based security and the high costs of on-premises security. The endpoint protection market is projected to contribute the largest market share doing the forecast period of growth, largely due to the recent rise in malware and ransomware attacks.<\/p>\n

The U.S. has the largest percentage of the SECaaS market, according to the report, followed by Canada and the EU, where\u00a0<\/span>major economies such as the U.K., Germany<\/span>, and\u00a0France\u00a0<\/span>present great growth opportunities for the security as a service (SECaaS) market.<\/p>\n

Though the US is home to the fastest growing SECaaS market, interviews for R & R’s report were primarily conducted in the APAC (40%) and RoW (30%) regions, with the EU and North America trailing behind at 20 and 10 percent, respectively.<\/p>\n

SECaaS vendors profiled in the report include Symantec, Cisco, McAfee, Trend Micro, Fortinet, Panda Security, CipherCloud, ZScaler, Alert Logic, and Radware. The full report is available here<\/a>, at a hefty fee.<\/p>\n

For a complete overview of the Endpoint Protection Market, with profiles of the top 24 vendors, best use cases, and 10 questions to ask before selecting a vendor, check out the 2016 Endpoint Protection Buyer’s Guide, available free of charge here.<\/a><\/p>\n

\"Endpoint_Buyers_Guide_No_DL\"<\/a>Don’t Get Hacked.\u00a0<\/strong><\/p>\n

Compare Top Endpoint Security Providers with the 2016 Endpoint Security Buyer\u2019s Guide.<\/a><\/p>\n