Global Security Services Market 2015-2019

20:00 EDT 1 Jun 2015 | Globe Newswire

Dublin, June 02, 2015 (GLOBE NEWSWIRE) -- Research and Markets ( has announced the addition of the "Global Security Services Market 2015-2019" report to their offering.

The global security services market to grow at a CAGR of 10.13% over the period 2014-2019.

One of the major trends witnessed in the market is the increasing demand for cloud-based security. The demand for cloud-based security is increasing in the global security services market primarily because of the significant advantages attributed to such solutions. Also, companies are finding it difficult to manage standalone or integrated network components because of issues such as budget constraints and the lack of resources and expertise to address security issues. Therefore, companies are increasingly opting for cloud-based IT security, which is cost-effective, compliant with PCI DSS, and offers round-the-clock monitoring of the system. Thus, the increasing demand for cloud-based security is expected to contribute to the growth of the global security services market during the forecast period.

According to the report, the rise in Internet penetration has led to increased involvement in day-to-day activities and critical operations on the Internet such as posting personal information, social networking, and transactions. In addition, companies offer cost-effective storage services on the cloud, which stores critical information on the web. Also, banks and payment card companies are encouraging customers to make online transactions using the Internet. Though online methods have benefits compared with traditional methods, they come with high security risks. Instances of data theft and phishing are on the rise, and new forms of attack are emerging. Therefore, end-users are adopting security services to protect their data.

Further, the report states that the market faces certain challenges such as the availability of inexpensive and free security solutions.

To calculate the market size, we considered revenue generated from the sales of the following components:

  • Managed security services
  • Security consulting services
  • SaaS security services
  • Threat intelligence security services

Key Vendors

  • CA Technologies
  • Deloitte Touche Tohmatsu
  • Emc²
  • IBM
  • PwC
  • Symantec

Other Prominent Vendors

  • Accenture
  • Barracuda Networks
  • BT Global Services
  • Check Point Software Technologies
  • Cisco Systems
  • Dell
  • Fortinet
  • Lockheed Martin
  • McAfee
  • Northrop Grumman
  • Palo Alto Networks
  • Webroot Microsoft

Key Topics Covered:

  1. Executive Summary
  2. List of Abbreviations
  3. Scope of the Report
  4. Market Research Methodology
  5. Summary of Figures
  6. Introduction
  7. Market Insights
  8. Market Landscape
  9. Product Lifecycle Analysis
  10. Market Segmentation by Components
  11. Geographical Segmentation
  12. Buying Criteria
  13. Market Growth Drivers
  14. Drivers and their Impact
  15. Market Challenges
  16. Impact of Drivers and Challenges
  17. Market Trends
  18. Trends and their Impact
  19. Vendor Landscape
  20. Vendor Comparison
  21. Key Vendor Analysis
  22. Assumptions

For more information visit

CONTACT: Research and Markets
         Laura Wood, Senior Manager

         For E.S.T Office Hours Call 1-917-300-0470
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         U.S. Fax: 646-607-1907
         Fax (outside U.S.): +353-1-481-1716

         Sector: IT Security

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