Cyber security as a Service Market - Exhibit a Promising 12.5% CAGR Over the Period 


Posted May 20, 2019 by reva9088

Cyber security as a Service Market - Share, Growth, Trends and Forecast 2017 - 2025
 
In the current times when digitalization of operations and internal networks has become the prime agenda of enterprises across all industries globally, cyber security has become an important part in every industry due to complex network environments, advanced technology adoption, and growing IT infrastructure.

It has been observed in the past few years that the number of cyber-attacks has substantially increased, which, in turn, is compelling enterprises to be equipped with effective cyber security solutions and services to ensure security of digital resources and a smooth workflow.

Cyber security as a service is a combination of practices and processes employed to protect systems, networks and data from breaches, attacks and unauthorized access. Cyber security as a service for organizations is an operating expense (Opex) rather than capital expense (Capx) and it manages network security, confidential data protection and enables organizations to respond to incidents taking place immediately.

The market has expanded at a promising pace in the past few years and continues to witness massive push as even small- and medium-sized enterprises are demanding cost-effective and reliable cyber security solutions. With millions of small- and medium-sized companies already existing globally and more coming up rapidly, the demand for effective cyber security modules such as cyber security as a service is also expected to rise at an unprecedented pace in the near future.

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The rising penetration of cyber security as a service has encouraged many regional and global players to make inroads into the market. Some of the leading players in global cyber security as a service market are Armor Defense Inc.,AT&T, BAE Systems, BlackStratus, Capgemini, Choice CyberSecurity, Transputec Ltd, Cloudlock (Cisco),  FireEye, Inc., LookingGlass Cyber Solutions, Inc., Optiv Security Inc., and Tata Consultancy Services Limited
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Issued By Rashmi
Country United States
Categories Technology
Last Updated May 20, 2019