The global demand for SaaS Protection Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
SaaS is one of three key categories of cloud computing. Majorly, SaaS is an essential, subscription-based delivery model engaged by many enterprises thatallows anywhere, any device type of data access. Under this model, enterprise don’t have invest in expensive hardware, rather vendors take responsibility of hosting and maintaining servers, databases and the source codes that make up the application. The application of SaaS is broadly classified in two categories, horizontal and vertical.The vertical applications address key business issues for nichemarkets and the horizontal application address comprehensive business elements such as accounting and finance, HR, ERP and security. The rise in the remote workforce creating demand for SaaS products. The SaaS engagement implies a third party, or a vendor will be basic business functions, that entails certain risks like, data security, backups, and privacy. Thus, major SaaS protection areas are Email protection, network security, data-loss prevention, and identification and access protection.
An increase in BYOD trends supported by enterprises and accelerated implementation of advanced technologies like Big Data and IoT is expected to steer the growth of global SaaS security industry market. The growth of cloud computing, social networking, internet availability to one and all has increased the adoption of the SaaS security solution. The key growth drivers of SaaS protection market are increased adoption of advanced technologies like IoT and Big Data and a spur BYOD trend. Also, the accelerated growth of cloud computing in several end-user industries like healthcare, banking, government and more is foreseen to enhance the growth of SaaS protection market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of SaaS protection.
The entire SaaS protection market has been sub-categorized into type and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Backup and Recovery
- Large Enterprises
- Small and Medium-sized Enterprises (SMEs)
This section covers regional segmentation which accentuates on current and future demand for SaaS protection market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global SaaS Protection Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the SaaS protection market include Datto, Ancero Sophos Ltd., Proofpoint, blocz IO Limited, Interlink Cloud, Triumph Technologies Ltd., 4TC Services Limited, blueSPARK Data, IICI (Innovative IT Concepts). This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers& acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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