SECURITY AS A SERVICE MARKET ANALYSIS

Market Challenges And Opportunities

Market Dynamics- Restraints

1. Growing threat of organized attacks is expected to restrain growth of the global security-as-a-service market over the forecast period

Increasing threat of organized and systematic attacks is a major restraining factor for the market...

2. Challenges associated with unstructured data is expected to hamper growth of the global security-as-a-service market during the forecast period

Many organizations unstructured data is available in the form of audio, video, and emails...

Market Opportunity

1. Increased Internet of Things (IOT)-related services is expected to present major growth opportunity

Various organizations have started implementing IoT-based solutions...

2. Cost advantages offered by SaaS is expected to pose excellent business opportunities in the near future

Security as a service enables multi-users to share software and hardware. This, in turn, reduces their respective operational costs...