SaaS Security Market 2018 Anticipated to Grow at a CAGR of 22.19% by 2022

“Global SaaS Security Market 2018-2022” The report covers the present scenario and the growth prospects of the global SaaS security market for 2018-2022. To calculate the market size, the report considers the revenue generated from the services provided by SaaS security software vendors.
Our analysts forecast the global SaaS Security market to grow at a CAGR of 22.19% during the period 2017-2022

SaaS security is one of the types of IT security deployments that make use of cloud computing technology. The SaaS security services involve a range of applications that are provided by the service provider to the customer organizations through the cloud network. Global SaaS Security Market 2018-2022, 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.

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Essential points covered in Global SaaS Security Market 2018 Research are:-
•What will the market size and the growth rate be in 2022?
•What are the key factors driving the Global SaaS Security market?
•What are the key market trends impacting the growth of the Global SaaS Security market?
•What are the challenges to market growth?
•Who are the key vendors in the Global SaaS Security market?
•What are the market opportunities and threats faced by the vendors in the Global SaaS Security market?
•What are the key outcomes of the five forces analysis of the Global SaaS Security market?

This independent 108 pages report guarantees you will remain better informed than your competition. With over tables and figures examining the SaaS Security market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2022.

Furthermore, the report provides a detailed analysis of the Global SaaS Security market with analysis of market size by value and volume. Along with this, an analysis of penetration rate and the average revenue generated per user (ARPU) in the market has also been done.

The market is divided into the following segments based on geography: Americas, APAC,• EMEA

Companies Mentioned are: Cisco Systems, McAfee, and Symantec.

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IndustryDataAnalytics Announces the Publication of its Research Report: Global SaaS Security Market 2018-2022

Commenting on the report, an analyst from IndustryDataAnalytics team said: The latest trend gaining momentum in the market is the declining cost of wearable technology. SaaS security vendors are focusing on enhancing SaaS security portfolio by integrating AI technology. With the integration of artificial intelligence (AI), adaptive access capabilities and risk monitoring capabilities will increase and help SaaS application with automated threat detection. Whenever a user accesses SaaS application, the risk behavior will be compared by AI with the baseline. Therefore, AI will aid the vendors in enhancing the SaaS security to increase the adoption of SaaS security among the vendors.

Market challenge
Integration with existing IT infrastructure
For a full, detailed list, view our report

Market trend
The declining cost of wearable technology
For a full, detailed list, view our report

According to the report, one of the major drivers for this market is increasing use of SaaS application among enterprises. On-premise applications are replaced due to the rapid growth of SaaS applications. SaaS application offers cost optimization benefits along with high automation and scalability, and reduces infrastructural and maintenance cost. With the adoption of SaaS applications, the enterprises can secure operations and confidential data from other companies. The enterprises are investing heavily in SaaS solutions to solicit rapid ROI. These applications help free organizational resources, owing to which, the enterprises are focusing more on their core services.

Further, the report states that one of the major factors hindering the growth of this market is Integration with existing IT infrastructure. One of the main barriers to adoption of SaaS security among large enterprises is the integration challenges of SaaS-enabled applications with the existing IT infrastructure. These enterprises prefer a hybrid approach to IT, as they want the vendors to give a seamless connection between cloud and on premises applications.

However, the mismatch in development language among different applications and the fact that not all protocols and standards are met by the vendors lead to confusion for the internal IT team, as the applications do not integrate well with each other. These challenges also increase the chances of compromise in application security. These factors hinder the growth of the market.

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The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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