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Global Security-as-a-Service (SECaaS) Industry Insights, 2020-2025 for Identity & Access Management, Secure Email Gateway, Secure Web Gateway, Vulnerability Management, and Other Solutions

Dublin, March 26, 2020 (GLOBE NEWSWIRE) — The “Security-as-a-Service (SECaaS) Market – Growth, Trends, and Forecast (2020-2025)” report has been added to ResearchAndMarkets.com’s offering.The global security-as-a-service market was valued at USD 7,907.2 million in 2019 and is expected to reach USD 19,374.94 million by 2025, rising at a CAGR of 16.11% over the forecast period 2020-2025.Recently, 5G operators by the deployment of SECaaS can protect all user devices such as IoT devices from any threat like phishing, malware, and child safety.With improved IT infrastructure of businesses, threats related to data (data breaches) are also on the rise, which demands advanced security solutions over traditional ones. With this trend gaining traction in the market, companies have started investing its resources in enhancing their advanced security offerings.Rising threats across the enterprises and corporates and subsequent increase in identity thefts have contributed to the highest demand for these solutions. IAM solutions are one of the proactive ways to prevent identity theft. These solutions define and modify user access rights using a centralized mechanism; they also monitor the authorization based on these rights.Key Market TrendsSecure Email Gateway is Expected to Hold a Significant Share

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