Data Protection As A Service Market is Segmented by Service Type (Storage-As-A-Service, Backup-As-A-Service, and Disaster-Recovery-As-A-Service), Deployment Model (Public Cloud, Private Cloud, and Hybrid Cloud), Organization Size (Large Enterprises and Small and Medium-Sized Enterprises), End-User Industry (BFSI, Healthcare and Life Sciences, and More), and Geography. The Market Forecasts are Provided in Terms of Value (USD).

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Data Protection As A Service Market Size 2024-2028

The data protection as a service (DPaaS) market size is forecast to increase by USD 87.57 billion at a CAGR of 46.02% between 2023 and 2028.

The market is experiencing significant growth due to the rising adoption of this solution among various industries in the US. The exponential growth in the volume of data being generated and collected by enterprises necessitates strong data protection measures. Deployment modes like hosted services and hybrid cloud have made DPaaS more accessible and cost-effective for businesses. In-house security teams are increasingly turning to DPaaS to enhance their data security capabilities.
Disaster recovery is another key area where DPaaS is gaining traction, providing businesses with a reliable and efficient backup and recovery solution. Despite its benefits, the high cost of DPaaS remains a challenge for some enterprises. Overall, the DPaaS market is poised for continued growth as more organizations recognize the importance of securing their data in the digital age.

What will be the Data Protection As A Service Market Size During the Forecast Period?

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The market refers to the provision of managed data security services through cloud-based solutions. These services enable organizations to safeguard their data from cyberattacks and data breaches, ensuring business continuity and compliance with data protection regulations. In the US, the adoption of DPaaS is on the rise as businesses seek to enhance their IT infrastructure's security and scalability. DPaaS offers several benefits to organizations, including scalability, management, and recovery options. Scalability allows businesses to easily expand their data protection capabilities as they grow, while management simplifies the process of securing data through centralized control. Recovery options ensure that data can be quickly restored in the event of a cyberattack or data loss. Cloud storage is a critical component of DPaaS, providing organizations with secure, offsite data storage. DPaaS providers offer advanced security features, such as encryption, access controls, and intrusion detection, to protect data in the cloud. Data breaches and cyberattacks pose significant risks to organizations, leading to financial losses, reputational damage, and legal consequences.
Moreover, DPaaS helps mitigate these risks by providing strong security measures and real-time threat detection and response. DPaaS can be deployed in various modes, including public, private, and hybrid clouds. The choice of deployment mode depends on the organization's size and specific security requirements. Small and medium-sized businesses may prefer public cloud solutions, while larger enterprises may opt for private or hybrid clouds for enhanced security and control. DPaaS is applicable to various industry verticals, including healthcare, finance, retail, and education. These industries handle sensitive data and are subject to stringent data protection regulations. DPaaS providers offer paid databases with threat intelligence and compliance information to help organizations stay informed and comply with regulatory requirements. Next-Generation Technologies: DPaaS solutions leverage next-generation technologies, such as artificial intelligence (AI) and machine learning (ML), to provide advanced threat detection and response capabilities.
Additionally, these technologies enable DPaaS providers to quickly identify and respond to emerging threats, ensuring that organizations' data remains secure. IT Infrastructure Industry: The IT infrastructure industry is a significant contributor to the growth of the DPaaS market. DPaaS solutions offer businesses a cost-effective and efficient way to enhance their data security capabilities without the need for extensive IT resources or expertise. DPaaS is an essential solution for businesses looking to enhance their data security and ensure business continuity in the face of cyberattacks and data breaches. With its scalability, management, and recovery options, DPaaS offers organizations the flexibility and control they need to protect their data in the cloud. As data security becomes increasingly critical, the adoption of DPaaS is expected to continue growing in the US and beyond.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Application

  STaaS
  BaaS
  DRaaS


Business Segment

  Large
  Small and medium


Geography

  North America

    US


  Europe

    Germany
    UK


  APAC

    China
    Japan


  South America



  Middle East and Africa

By Application Insights

The STaaS segment is est

The cyber security as a service market size was over USD 18.08 billion in 2024 and is anticipated to cross USD 120.37 billion by 2037, witnessing more than 15.7% CAGR during the forecast period i.e., between 2025-2037. Asia Pacific industry is likely to account for largest revenue share of 40% by 2037, due to proliferation of IoT devices and growing usage of cyber security in the region.

The Cyber and Data Security as a Service Market is segmented by Size of Organization (Small and Medium Enterprises, Large Enterprises), Security Type (Vulnerability and Security Assessment, Threat Intelligence and Business Analytics, Auditing and Logging, Continuous Monitoring and Encryption, Identity and Access Management), End-user Industry (Healthcare, BFSI, IT and Telecom, Government, Energy and Utilities), and Geography.

Global Cyber Security As A Service Market size is set to expand from $ 23.25 Billion in 2023 to $ 69.07 Billion by 2032, a CAGR of 12.86% from 2024 to 2032.

Cyber Security Services Market size was valued at USD 135.02 billion in 2019 and is poised to grow from USD 153.65 billion in 2023 to USD 424.97 billion by 2031, growing at a CAGR of 13.8% in the forecast period (2024-2031).

The global Security as a Service (SECaaS) market was valued approximately ****** billion U.S. dollars in 2022 and expected to exceed ** billion U.S. dollars in 2023. The SECaaS market is forecast to continue growing throughout the coming years and projected to reach more than ** billion U.S. dollars by 2032. As businesses continuously migrate their data to the cloud and improve their information technology infrastructure, the related threats to their data also increase. For this reason, security solutions are high in demand to ensure data security.

According to Cognitive Market Research, the global data security as a service market size is USD 31.0 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 12.3% from 2024 to 2031. Market Dynamics of Data Security as a Service Market

Key Drivers for Data Security as a Service Market

Rising Numbers of Digital assaults- Market expansion for data security as a service is being driven by an increase in attacks via the internet. Malevolent and intentional acts carried out by employees, groups, or institutions are known as cyberattacks. Improving security methods to successfully prevent and adapt to hackers, Security as a Service offers immediate form awareness of threats, avoidance, and incident handling. Consequently, the demand for data protection as a service is being driven by an upsurge in cybercrime.
The growing use of online services also fuels Data Protection as a service market growth.

Key Restraints for Data Security as a Service Market

The demand for data protection as a service tool may be negatively impacted by the high expansive.
Strict rules and regulations are also hampering the market growth.

Introduction of the Data Security as a Service Market

Data security as a service describes an economic strategy where an outside vendor charges an ongoing rate for providing or integrating safety measures into the systems of an organization. Businesses that use security as a service model gain access to specialist security staff who are experienced in stopping intrusions in internet-based systems. Service providers supply their offerings to companies at a reasonable price through subscriptions. The industry for security as a service is expanding due to the rising need for safety as a service promotion across the final users as a result of these benefits. The global need for security solutions is rising due to increased automation and increasing acceptance of cloud-based solutions across multiple sectors.

Data Security As A Service Market Outlook

The global Data Security As A Service (DSaaS) market size is projected to reach USD 23.5 billion by 2032, up from USD 7.6 billion in 2023, reflecting a robust CAGR of 14.8% during the forecast period. The surge in market size is primarily driven by increasing concerns over data breaches and cyber-attacks, along with the rising adoption of cloud-based solutions across various industries. This growth is further fueled by the stringent regulatory requirements for data protection and the burgeoning volumes of data generated by businesses worldwide.

One of the pivotal growth factors for the DSaaS market is the ever-increasing incidence of cyber threats that organizations face today. With cyber-attacks becoming more sophisticated and frequent, businesses are compelled to invest in advanced security solutions to safeguard their critical data. This urgency is also driven by the substantial financial and reputational damages that can result from data breaches. Consequently, companies are increasingly turning to data security as a service to leverage expert security measures without the need for extensive in-house resources.

Moreover, regulatory compliance has become a major driving force behind the demand for data security services. Governments and regulatory bodies worldwide are implementing stringent data protection laws, such as the General Data Protection Regulation (GDPR) in Europe and the California Consumer Privacy Act (CCPA) in the United States. These regulations mandate organizations to adopt robust data security measures, thereby propelling the market growth. Businesses, particularly those in regulated industries like healthcare and finance, are investing heavily in DSaaS solutions to ensure compliance and avoid hefty penalties.

The rapid adoption of cloud computing is another significant driver for the DSaaS market. As organizations migrate their operations to the cloud to enhance scalability and reduce costs, the need for secure cloud environments has become paramount. Cloud-based DSaaS solutions offer scalable, flexible, and cost-effective security measures, making them an attractive option for businesses of all sizes. The integration of artificial intelligence (AI) and machine learning (ML) with these services further enhances their capability to detect and respond to threats in real-time, thereby boosting market demand.

On a regional level, North America currently holds the largest share of the DSaaS market, driven by the presence of major technology companies and high adoption rates of advanced security solutions. However, the Asia Pacific region is expected to witness the highest growth during the forecast period, fueled by the fast-growing digital economies, increasing cyber threats, and rising awareness about data security. Europe also presents significant growth opportunities due to stringent regulatory frameworks like GDPR, which mandates robust data protection measures.

Component Analysis

The DSaaS market by component is broadly segmented into solutions and services. Solutions encompass various software and tools designed to protect data, while services include consulting, implementation, and managed services. The solutions segment is anticipated to hold a significant share of the market owing to the increasing deployment of advanced security software to combat emerging cyber threats. These solutions offer comprehensive protection, including encryption, tokenization, and data masking, which are crucial in safeguarding sensitive information.

Within the solutions segment, encryption software is expected to see substantial growth. Encryption ensures that data remains unreadable to unauthorized users, thus providing a robust line of defense against data breaches. As organizations handle more sensitive data, the demand for encryption solutions is soaring. Additionally, data masking and tokenization are gaining traction, particularly in industries like healthcare and finance, where protecting Personally Identifiable Information (PII) is critical.

The services segment, which includes consulting, implementation, and managed services, is also projected to grow significantly. Consulting services help organizations assess their current security posture and develop strategies to enhance data protection. Implementation services ensure the smooth deployment of security solutions, while managed services provide ongoing management and monitoring of security measures. The growing complexity of cyber threats and the lack of skilled cybersecurity professionals are driving organizations

Market Size and Growth: The Data Security As A Service (DSaaS) market is projected to reach USD 20.43 billion by 2033, expanding at a Compound Annual Growth Rate (CAGR) of 9.77% from 2025 to 2033. The rising prevalence of cyberattacks, evolving threat landscapes, and growing regulatory compliance requirements are driving the market's expansion. Segmentation and Drivers: The DSaaS market is segmented based on deployment model (cloud-based, on-premises), service type (managed security services, data loss prevention services, Security Information and Event Management (SIEM)), organization size (large enterprises, small and medium-sized enterprises (SMEs)), and industry vertical (financial services, healthcare, manufacturing, retail, government). The deployment of cloud-based solutions is gaining traction due to increased flexibility, cost-effectiveness, and reduced infrastructure maintenance costs. Managed security services are witnessing high demand to address the shortage of cybersecurity professionals and enhance overall security posture. Moreover, the growing adoption of cloud computing and the proliferation of data-driven applications are propelling the demand for DSaaS solutions. Key drivers for this market are: Cloud-based Deployment Rising Adoption in BFSI Healthcare Growing Threats Compliance Regulations. Potential restraints include: Increased cloud adoption, growing cyber threats; data privacy regulations; and evolving threat landscape demand for managed security services..

The European Data Protection-As-A-Service Market is Segmented by Service (Storage-As-A-Service, Backup-As-A-Service, and Disaster Recovery-As-A-Service), Deployment (Public Cloud, Private Cloud, and Hybrid Cloud), End-User Industry (BFSI, Healthcare, Government and Defense, IT, and Telecom, and Other End-User Industries), the Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Discover the latest insights from Market Research Intellect's Cloud Data Security Service Market Report, valued at USD 5.1 billion in 2024, with significant growth projected to USD 15.3 billion by 2033 at a CAGR of 16.9% (2026-2033).

Market Size and Growth: The global Data Security as a Service (DSaaS) market is projected to expand at a robust CAGR of XX% during the forecast period (2025-2033), reaching a market size of million by 2033. This growth is attributed to the increasing prevalence of cyberattacks, the proliferation of cloud computing, and the growing demand for data protection and compliance. Market Drivers and Trends: Key drivers of the DSaaS market include the rising awareness of cybersecurity threats, the increasing adoption of cloud-based services, and the growing need for regulatory compliance. Trends such as the adoption of advanced technologies like artificial intelligence (AI) and machine learning (ML) for data security, the emergence of managed security services, and the increasing focus on data privacy are further fueling market growth. However, factors such as data privacy concerns and the shortage of skilled cybersecurity professionals may pose challenges to the market's expansion.

Cyber Security as a Service Market Outlook

The global Cyber Security as a Service market size was valued at approximately $14 billion in 2023 and is projected to reach $41 billion by 2032, growing at a compound annual growth rate (CAGR) of 12.5% during the forecast period. This remarkable growth is driven by the increasing prevalence of cyber threats and the growing need for robust security solutions across various sectors.

The growth of the Cyber Security as a Service market can be attributed to several key factors. Firstly, the rapid digitization and adoption of cloud services have exposed businesses to a myriad of cyber threats, necessitating advanced security measures. The rise in sophisticated cyber-attacks, such as ransomware, phishing, and malware, has compelled organizations to seek comprehensive security solutions to safeguard their data and ensure business continuity. Additionally, regulatory requirements and compliance mandates across industries are driving the demand for managed security services, further propelling market growth.

Secondly, the increasing adoption of Internet of Things (IoT) devices has expanded the attack surface, making enterprises more vulnerable to cyber-attacks. As IoT devices become integral to business operations, securing these devices has become paramount. Cyber Security as a Service offers scalable and flexible solutions to monitor and protect IoT ecosystems, thereby addressing the security challenges posed by these interconnected devices. Furthermore, the growing awareness about the financial and reputational damage caused by data breaches is prompting businesses to invest heavily in cybersecurity services.

Thirdly, the shortage of skilled cybersecurity professionals is a significant growth driver for the market. Many organizations lack the in-house expertise required to effectively combat evolving cyber threats. As a result, they are increasingly turning to third-party service providers to manage their cybersecurity needs. Cyber Security as a Service offers access to a pool of experts, advanced technologies, and continuous monitoring capabilities, enabling businesses to strengthen their security posture without the need for extensive internal resources.

The integration of Financial Services Cybersecurity Systems and Services is becoming increasingly vital in the face of evolving cyber threats. Financial institutions are prime targets for cybercriminals due to the sensitive nature of financial data and transactions. As a result, there is a growing emphasis on developing comprehensive cybersecurity frameworks that encompass both preventive and responsive measures. These systems and services are designed to protect financial data, ensure compliance with regulatory requirements, and maintain customer trust. By leveraging advanced technologies such as artificial intelligence and machine learning, financial institutions can enhance their threat detection and response capabilities, thereby safeguarding their operations from potential cyber threats.

From a regional perspective, North America is expected to dominate the Cyber Security as a Service market during the forecast period. The presence of major cybersecurity vendors, coupled with stringent regulatory frameworks and high adoption rates of advanced technologies, contribute to the region's leading position. However, the Asia Pacific region is anticipated to witness the highest growth rate, driven by increasing digital transformation initiatives, rising cybercrime incidents, and growing awareness about cybersecurity solutions.

Service Type Analysis

In the Cyber Security as a Service market, the service type segment is pivotal, covering services such as Threat Intelligence, Managed Security Services, Security Monitoring and Analytics, Incident Response, Compliance Management, and others. The diverse nature of cyber threats necessitates a variety of specialized services, each catering to different facets of cybersecurity.

Threat Intelligence services play a crucial role in the market. These services involve the collection, analysis, and dissemination of information about potential or ongoing cyber threats. By leveraging advanced analytics and machine learning, threat intelligence services provide actionable insights that help organizations anticipate and mitigate cyber risks before they materialize. The growing complexity of cyber threats and the need for proactive threat management

IT Security-as-a-Service Market Outlook

The global IT Security-as-a-Service market size was valued at approximately USD 13 billion in 2023 and is projected to reach nearly USD 35 billion by 2032, growing at a robust CAGR of 11.45% during the forecast period. Key growth factors driving this expansion include the increasing sophistication of cyber threats, the growing adoption of cloud services, and the need for organizations to comply with stringent regulatory requirements. The rise in remote working trends post-pandemic has further accentuated the demand for scalable and reliable IT security frameworks that can protect sensitive data and IT infrastructure against evolving threats.

One of the primary growth factors contributing to the expansion of the IT Security-as-a-Service market is the escalating frequency and complexity of cyber threats. Organizations are facing increasingly sophisticated attacks, such as ransomware, phishing, and advanced persistent threats, necessitating more advanced and comprehensive security measures. These threats have driven businesses to seek out IT security solutions that are not only effective but also adaptable to rapidly changing threat landscapes. Furthermore, the integration of artificial intelligence and machine learning into security solutions has enhanced the ability of IT Security-as-a-Service providers to detect and respond to threats in real-time, significantly reducing the risk of data breaches and system compromises.

Another significant driver of growth in this market is the widespread adoption of cloud computing technologies. As businesses transition from traditional on-premises IT infrastructures to cloud-based environments, there is an increased demand for cloud-native security solutions that can offer protection without compromising the flexibility and scalability that cloud services provide. This shift has encouraged IT Security-as-a-Service providers to develop innovative solutions tailored to the unique security challenges posed by cloud environments. Additionally, the cloud delivery model allows for more efficient resource allocation and cost-effectiveness, appealing to organizations of all sizes, especially small and medium enterprises that may lack the resources to maintain robust on-premises security infrastructure.

The evolving regulatory landscape is also a crucial factor driving the growth of the IT Security-as-a-Service market. Governments across the globe have implemented stringent data protection laws and cybersecurity regulations to safeguard sensitive information. Compliance with frameworks such as the General Data Protection Regulation (GDPR) in Europe, the California Consumer Privacy Act (CCPA) in the United States, and similar legislation in other regions has become mandatory for businesses handling personal and sensitive data. This regulatory pressure has fueled the demand for security solutions that not only protect data but also ensure compliance with relevant laws, further propelling the growth of the IT Security-as-a-Service market.

From a regional perspective, North America currently holds the largest market share in the IT Security-as-a-Service sector, driven by the presence of major technology companies and a high concentration of businesses adopting advanced security solutions. The Asia Pacific region, however, is anticipated to witness the fastest growth during the forecast period, fueled by rapid digital transformation across emerging economies and increased investment in IT infrastructure. This regional growth is supported by government initiatives to bolster cybersecurity defenses, further stimulating the demand for IT Security-as-a-Service in these markets.

Component Analysis

The IT Security-as-a-Service market is segmented by component into Solutions and Services. Solutions include a range of security products such as identity and access management, encryption, data loss prevention, and endpoint protection. These solutions are critical for organizations aiming to safeguard their IT environments against unauthorized access and data breaches. The growing complexity of cyber threats necessitates the adoption of comprehensive security solutions that can provide holistic protection across various organizational touchpoints. As a result, the solutions segment is a significant contributor to the overall market growth, as businesses seek out innovative products that offer robust security capabilities and can be easily integrated into existing IT infrastructures.

Within the services segment, managed security services and professional services play a vital role in the IT Security-as-a-Service ma

The DPaaS market offers a wide range of products and services to meet the diverse needs of enterprises. These include:Disaster recovery as a service (DRaaS): DRaaS solutions provide enterprises with a cost-effective way to protect their data from disasters, and they can help to minimize the impact of downtime.Backup as a service (BaaS): BaaS solutions provide enterprises with a way to back up their data to the cloud, and they can help to protect data from data breaches and cyberattacks.Storage as a service (STaaS): STaaS solutions provide enterprises with a way to store their data in the cloud, and they can help to reduce the cost of data storage. Recent developments include: November 2022: Data security and management company Cohesity said at ReConnect that it is teaming up with the "who's who" of cybersecurity to give consumers new strategies for prevailing in the battle against cyberattacks. With superior data management and security know-how from Cohesity, the Data Security Alliance now offers best-in-class solutions from top cybersecurity and services providers., July 2022: T-Systems announced that it had earned the Amazon Web Services (AWS) Security Competency certification for Identity and Access management. This recognition acknowledges that T-Systems has proven that it can provide clients with a high level of consulting and software expertise in identity and access management to help them meet their cloud security objectives., Data Protection As a Service Market Segmentation,

Disaster Recovery as a Service (DRaaS)

Backup as a Service (BaaS)

Storage as a Service (STaaS)

,

Public Cloud

Private Cloud

Hybrid Cloud

,

Small & Medium Enterprise

Large Enterprise

,

North America

,

US

Canada

,

Europe

,

Germany

France

UK

Italy

Spain

Rest of Europe

,

Asia-Pacific

China

Japan

India

Australia

South Korea

Australia

Rest of Asia-Pacific

Rest of the World

Middle East

Africa

Latin America

, . Key drivers for this market are: Increasing Cybersecurity Threats Regulatory Compliance Requirements Growing Cloud Adoption Cost Efficiency and Scalability. Potential restraints include: Opportunities, Challenges Concerns Over Data Security Vendor Lock-In Integration Complexities Cost of Advanced Services. Notable trends are: Integration of AI and Machine Learning Cloud-Native Data Protection Hybrid and Multi-Cloud Environments Data Encryption and Privacy Enhancements Focus on Compliance.

Global Cyber Security as a Service (CSaaS) Market was valued at USD 200.47 billion in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 9.38% through 2029.

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Information Security Products And Services Market Size 2024-2028

The information security products and services market size is forecast to increase by USD 377.1 billion at a CAGR of 21.49% between 2023 and 2028.

The market is experiencing significant growth, driven by the increasing threat landscape and the need for advanced security solutions. Sophisticated cyber threats, such as ransomware attacks and data breaches, continue to pose a major challenge for organizations worldwide. In response, there is a growing demand for comprehensive security solutions that can protect against these complex threats. Another key trend in the market is the emergence of a unified platform for authentication solutions. With the increasing number of devices and applications, managing multiple authentication methods can be a complex and time-consuming process. A unified platform can simplify this process and improve security by providing centralized control and management. However, the market is not without challenges. The complexity of network infrastructure continues to be a significant hurdle for organizations seeking to implement effective security measures. The use of cloud services, IoT devices, and remote work arrangements have added to the complexity of network security. Companies must invest in advanced technologies, such as AI and machine learning, to effectively manage and secure their networks. In summary, the market is experiencing growth, driven by the increasing threat landscape and the need for advanced security solutions. The emergence of a unified platform for authentication solutions and the use of advanced technologies to manage complex network infrastructure are key trends in the market. However, organizations must navigate the challenges of implementing effective security measures in the face of complex network infrastructure. Companies seeking to capitalize on market opportunities and navigate challenges effectively should focus on investing in advanced security solutions and adopting a unified approach to authentication.

What will be the Size of the Information Security Products And Services Market during the forecast period?

Request Free SampleThe cybersecurity market is experiencing significant growth and transformation, driven by the increasing adoption of big data, edge computing, and e-commerce platforms. Artificial intelligence and machine learning are playing essential roles in enhancing cybersecurity solutions, particularly in the areas of intrusion prevention systems and detection. The cybersecurity ecosystem is expanding to include cloud workload security, hybrid strategies, and remote work solutions, as businesses seek to protect their digital assets. Large enterprises are investing heavily in cybersecurity to mitigate data breaches and safeguard sensitive information. The integration of technologies such as 5G, healthcare cybersecurity, automotive cybersecurity, and aviation cybersecurity is adding complexity to the cybersecurity landscape. Advanced persistent threats and cybercrime continue to pose significant risks, necessitating the development of advanced cybersecurity solutions. Cloud computing and multi-cloud strategies are becoming increasingly popular, necessitating the need for cybersecurity measures. The Internet of Things (IoT) is also expanding the attack surface, requiring new approaches to cybersecurity. Intrusion detection systems and intrusion prevention systems are critical components of the cybersecurity market, providing real-time threat detection and response capabilities. Cybersecurity transformation is a priority for businesses of all sizes, from small and medium enterprises to large corporations. The cybersecurity market is expected to continue growing as businesses seek to protect their digital assets and mitigate risks in an increasingly interconnected world.

How is this Information Security Products And Services Industry segmented?

The information security products and services industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. DeploymentOn-premisesCloudTypeHardwareSoftwareServicesGeographyNorth AmericaUSAPACChinaJapanEuropeGermanyUKSouth AmericaMiddle East and Africa

By Deployment Insights

The on-premises segment is estimated to witness significant growth during the forecast period.In today's business landscape, large enterprises prioritize enterprise risk management, recognizing the potential consequences of data leaks for stakeholders and organizational reputation. Consequently, on-premises information security solutions continue to dominate, offering heightened security compared to cloud alternatives. However, this trend is poised to shift as advancements in cloud-based information security solutions pro

The North America Information Technology (IT) Security as a Service Market would witness market growth of 11.7% CAGR during the forecast period (2023-2030). The proliferation of cyber threats, like ransomware attacks, data breaches, and sophisticated malware, has compelled organizations to rethink

The managed security services market was valued at over 31 billion U.S. dollars in 2021. The managed security services market can be segmented into different deployment types, such as on-premise and cloud, managed security service provider, as well as end-user vertical. Generally, managed security service providers (MSSPs) provide managed security services (MSS) to manage their customers' information technology (IT) infrastructure.