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Global Security as a Service (SECaaS) Market to Reach $33.0 Billion by 2028, Fueled by Rising Online Threats

The global security as a service (SECaaS) market is projected to grow at a compound annual growth rate of 14.5% from 2023-2028, reaching US$ 33.0 billion by 2028. Factors driving this growth include rising demand for cloud-based security, growing online threats, compliance regulations, COVID-19-induced remote work security concerns, and technological advancements in the sector. Large enterprises and the financial and government sectors are key adopters of SECaaS.

Source: www.prnewswire.com –

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