Cyber security as a service is a combination of practices and processes employed to protect systems, networks and data from breaches, attacks and unauthorized access. Cyber security as a service for organizations is an operating expense (Opex) rather than capital expense (Capx) and it manages network security, confidential data protection and enables organizations to respond to incidents taking place immediately. Global Cyber security as a ServiceMarket is expected to grow in the forecasted period, in 2018 market size of the Cyber security as a Service was XX million and in 2027 is expected to reach at XX million with growing CAGR of XX%.The cyber security market includes solutions such as security incident management, Unified Threat Management (UTM), risk and compliance management, and Identity and Access Management (IAM) that enable organizations to secure infrastructure and data from harmful cyber threats and vulnerabilities.
Market Dynamics:
Increase in adoption of mobile devices, and growing reliability on Internet services in industries such as retail, healthcare, BFSI, and energy and utility supplements the market growth.Increase in adoption of mobile devices, and…
