Free Submission Public Relations & NewsPR-inside.com
Home
Deutsch English

Finance
Global Security SaaS Market 2012-2016

Global security SaaS market: 13.7% CAGR growth expected between 2012-16


Print article Print article
© companiesandmarkets.com

companiesandmarkets.com
companiesandmarkets.com
2014-01-30 05:41:01 - Global Security SaaS Market 2012-2016 - a new market research report on companiesandmarkets.com

The Global Security Software as a Service (SaaS) market is to grow at a CAGR of 13.7percent over the period 2012-2016. One of the key factors contributing to this market growth is the ability of security SaaS solutions to reduce the total cost of ownership for key end-users of the market. The Global Security SaaS market has also been witnessing increased R&D spending by key vendors of the market. However, the increasing complexity of network infrastructure could pose a challenge to the growth of this market.

One of the main trends witnessed in the Global Security SaaS market is the increased R&D spending by vendors. In recent years, the vendors in the Global Security SaaS market have increased their R&D spending

 

 

on IAM solutions. Leading vendors such as Symantec, Trend Micro, McAfee Inc., and CA Technologies have increased their investment in the R&D of security SaaS solutions. Moreover, they are partnering with suppliers and value-added resellers for investing significantly in the R&D process. The increased focus on R&D and the establishment of partnership networks is helping vendors to introduce inexpensive and advanced solutions for customers. Further, the focus on R&D is helping vendors to introduce products with more accuracy and better integration ability. Thus, high accuracy, lower price, and better integration ability are the main factors that are paving the way for the higher adoption of security SaaS solutions. Thus, the trend of increasing spending on R&D is expected to augur well for the growth of the market.

One of the main factors driving the market is need to reduce total cost of ownership. The implementation of security SaaS provides reduces costs related to hardware, software, licenses, and renewal fees for the enterprises. Security SaaS are less expensive than the traditional security solutions as they are provided by third-party suppliers on a subscription basis, thereby reducing the overall cost of deployment.

One of the main challenges is the increasing complexity of network infrastructure. The enterprise network infrastructure in an organization is the combination of various security solutions. Moreover, the compatibility issues that arise among security solutions sourced from different vendors increases the complexity of the network infrastructure.

The key vendors dominating this space include CA Technologies Inc., McAfee Inc., Symantec Corp., and Trend Micro Inc.

The other vendors mentioned are Awareness Technologies Inc., CipherCloud Inc., CloudPassage Inc., Commtouch Software Ltd., CREDANT Technologies Inc., Dome9 Security Ltd., HyTrust Inc., IBM Corp., Novell Inc., Okta Inc., Panda Security S.L., ProofPoint Inc., SafeNet Inc., SecureAuth Corp., Symplified Inc., ThreatMetrix Inc., Vyatta Inc., WhiteHat Security Inc., and Zscaler Inc.

Click for report details: www.companiesandmarkets.com/Market/Information-Technology/Market ..

Browse all Information Technology Market Research Reports www.companiesandmarkets.com/Market/Information-Technology/Market ..

Browse all Information Technology Company Profile Reports www.companiesandmarkets.com/Market/Information-Technology/Compan ..

Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..

About Us
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.com’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.


Author:
Mike King
e-mail
Web: www.companiesandmarkets.com
Phone: London: +44 (0) 203 086 8600

Disclaimer: If you have any questions regarding information in these press releases please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims contents contained in this release.
Latest News
Read the Latest News
www.newsenvoy.com

 


Terms & Conditions | Privacy | About us | Contact PR-inside.com | BidVertiser