According to the latest market research report released by Technavio, the global SaaS security market is expected to accelerate at a CAGR of over 22% during the forecast period. The increasing use of SaaS application among enterprises is one of the key factors triggering the growth of the market.
This research report titled ˜Global SaaS Security Market 2018-2022 provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
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The market research analysis categorizes the global SaaS security market into the following regions:
In 2017, the Americas accounted for 54% of the global market and is projected to decline to 50% by 2022, exhibiting almost 4% decrease in market share.
Global SaaS security market: Top emerging trend
Increasing use of AI for SaaS security is an emerging trend in the IT security space. SaaS security vendors are planning to add AI technology to improve SaaS security portfolio. Incorporating AI will add new adaptive access capabilities, risk monitoring capability, and help SaaS applications with automated threat detection. AI will have a built-in user behavior analytics (UBA) engine, which will establish a unique historical baseline for every user and SaaS application. Every time a user accesses SaaS application, the AI will compare that with a baseline to check for any anomaly or risky behavior. If an anomaly or risky behavior is found, then AI will write incident response through integration with third-party ticketing and incident management systems. Hence, AI will help vendors in improving the SaaS security. Thus, it will lead to the growth of the SaaS security among SaaS vendors.
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Technavios sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.
Technavios report provides expert market research on the following topics:
- Market Outline
- Global SaaS Security Market Overview
- Market Sizing and Forecasts
- Market Growth
- Market Drivers and Challenges
- Key Emerging Trends
Market Segmentation Analysis
- Regional comparison (APAC, Americas, and EMEA)
- Key leading countries
- Market segmentation by end user (BFSI, healthcare, and government)
- Vendor classification
- Market positioning of vendors
- Competitive scenario
- Analysis of top vendors (Cisco Systems, McAfee, and Symantec)
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