SaaS-based IT Security Market Competitive Landscape, Size, Segments, and Growth by 2031

Historic Data: 2021-2023   |   Base Year: 2024   |   Forecast Period: 2025-2031

Coverage: SaaS-based IT Security Market covers analysis by Service (E-mail Gateway Services, IAM Services, Cloud Encryption Services, Web Gateway Services, SIEM Services); Business Size (Small, Medium and Large); and Verticals (Healthcare, Construction, Energy & Utilities, Education, Legal, Retail, Transportation, Hospitality, Agriculture, Government), and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Date : Aug 2025
  • Report Code : TIPTE100000594
  • Category : Technology, Media and Telecommunications
  • Status : Upcoming
  • Available Report Formats : pdf-format excel-format
  • No. of Pages : 150

The SaaS-based IT Security Market is expected to register a CAGR of 9% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.

This report presents an overview of the SaaS-based IT Security Market scenario based on business size, services, verticals, and Region. It provides the regional market outlook along with the country market for all the segments of the SaaS-based IT Security market covered in the report. The sections will entail the overall SaaS-based IT Security market landscape by presenting information regarding the key players operating in the market along with the details on market valuation in US dollars (US$).

Purpose of the Report

The report SaaS-based IT Security Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

  • Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
  • Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
  • Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

SaaS-based IT Security Market Segmentation

Service

  • E-mail Gateway Services
  • IAM Services
  • Cloud Encryption Services
  • Web Gateway Services
  • SIEM Services

Business Size

  • Small
  • Medium and Large

Verticals

  • Healthcare
  • Construction
  • Energy & Utilities
  • Education
  • Legal
  • Retail
  • Transportation
  • Hospitality
  • Agriculture
  • Government

Geography

  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Customize This Report To Suit Your Requirement

You will get customization on any report - free of charge - including parts of this report, or country-level analysis, Excel Data pack, as well as avail great offers and discounts for start-ups & universities

SaaS-based IT Security Market: Strategic Insights

saas-based-it-security-market
  • Get Top Key Market Trends of this report.
    This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

SaaS-based IT Security Market Growth Drivers

  • heightened cyber-attacks or vulnerabilities: The increasing need to protect data from heightened cyber-attacks or vulnerabilities is driving the growth of the SaaS-based IT Security Market.
  • migrating to the cloud: Businesses nowadays are migrating to the cloud and the demand for efficient, cost-effective, scalable security is soaring. According to industry reports, it is estimated that global spending on SaaS security alone will grow over 20% yearly.
  • Regulatory Compliance: Compliance is a huge driver as companies need to protect data from potential security breaches to avoid penalties. This report highlights the major drivers of market growth, helping stakeholders to execute effective strategies to stay on track with ever-evolving threats. It is extremely important for protection.

SaaS-based IT Security Market Future Trends

  • Growth in Technology Applications: SaaS-based IT Security is expected to see growth as technology advances, with predicted trends including the use of AI and machine learning solutions that scan networks proactively for cyber attacks and respond to any incidents.
  • Use of automation: Businesses increasingly utilize automated solutions to improve their risk mitigation profile and the adoption of the hybrid workforce has made it more crucial to have a solution capable of delivering security above the OS, regardless of where the data is stored or created.
  • Workforce Mobility and Remote Work: The rise in remote and hybrid work models has created a demand for security solutions that protect endpoints and ensure secure access from anywhere

SaaS-based IT Security Market Opportunities

  • Emerging Markets: Regions such as Asia-Pacific, Latin America, and Africa present significant growth potential due to digital transformation and increasing awareness of cybersecurity.
  • IoT Security: The rise of IoT devices creates opportunities for SaaS-based IT security providers to address vulnerabilities in connected devices.
  • Focus on Industry-Specific Solutions: Developing tailored SaaS security solutions for industries like healthcare, finance, and retail offers a significant opportunity to meet niche market demands.

SaaS-based IT Security Market Regional Insights

The regional trends and factors influencing the SaaS-based IT Security Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses SaaS-based IT Security Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

saas-based-it-security-market-global-geography
  • Get the Regional Specific Data for SaaS-based IT Security Market

SaaS-based IT Security Market Report Scope

Report Attribute Details
Market size in 2024 US$ XX million
Market Size by 2031 US$ XX Million
Global CAGR (2025 - 2031) 9%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By Service
  • E-mail Gateway Services
  • IAM Services
  • Cloud Encryption Services
  • Web Gateway Services
  • SIEM Services
By Business Size
  • Small
  • Medium and Large
By Verticals
  • Healthcare
  • Construction
  • Energy & Utilities
  • Education
  • Legal
  • Retail
  • Transportation
  • Hospitality
  • Agriculture
  • Government
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Cisco
  • IBM
  • Intel Security
  • Symantec
  • Alert Logic
  • Barracuda Networks
  • CA Technologies
  • CipherCloud
  • CYREN

  • SaaS-based IT Security Market Players Density: Understanding Its Impact on Business Dynamics

    The SaaS-based IT Security Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

    Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

    Major Companies operating in the SaaS-based IT Security Market are:

    1. Cisco
    2. IBM
    3. Intel Security
    4. Symantec
    5. Alert Logic

    Disclaimer: The companies listed above are not ranked in any particular order.


    saas-based-it-security-market-cagr

    • Get the SaaS-based IT Security Market top key players overview

    Key Selling Points

    • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the SaaS-based IT Security Market, providing a holistic landscape.
    • Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
    • Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
    • Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

    The research report on the SaaS-based IT Security Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.


    Frequently Asked Questions

    What are the deliverable formats of the SaaS-based IT Security Market report?

    The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.

    What are the options available for the customization of this report?

    Some of the customization options available based on request are additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.

    What are future trends in SaaS-based IT Security Market?

    One of the areas that shows prominence in the SaaS-based IT Security Market’s future growth is Artificial Intelligence (AI) and machine learning to be more proactive in cybersecurity. A brighter future on the horizon includes innovation upon this trend towards better security for remote work. Given the expansion of remote work, we can look forward to this solution scaling up significantly to secure platforms wherever people come together. These onboard AI risk mitigation measures will also better prepare security on go for emerging threats in the future.

    Which are key players in the SaaS-based IT Security Market?

    Key players in this market are -
    Cisco, IBM, Intel Security, Symantec, Alert Logic, Barracuda Networks, CA Technologies, CipherCloud, CYREN

    What is expected CAGR in SaaS-based IT Security Market?

    The market is expected to register a CAGR of 9% during 2023-2031

    What are factors impacting on SaaS-based IT Security Market growth?

    The SaaS-based IT Security Market is poised for growth as businesses make the transition to the cloud and require saleable and inexpensive security measures that can cater to their needs. With the increased cyber-attacks and strict compliance issues, businesses require stronger security measures to safeguard their data.

    Ankita Mittal
    Ankita Mittal
    Manager,
    Market Research & Consulting

    Ankita is a dynamic market research and consulting professional with over 8 years of experience across the technology, media, ICT, and electronics & semiconductor sectors. She has successfully led and delivered 100+ consulting and research assignments for global clients such as Microsoft, Oracle, NEC Corporation, SAP, KPMG, and Expeditors International. Her core competencies include market assessment, data analysis, forecasting, strategy formulation, competitive intelligence, and report writing.

    Ankita is adept at handling complete project cycles—from pre-sales proposal design and client discussions to post-sales delivery of actionable insights. She is skilled in managing cross-functional teams, structuring complex research modules, and aligning solutions with client-specific business goals. Her excellent communication, leadership, and presentation abilities have enabled her to consistently deliver value-driven outcomes in fast-paced and evolving market environments.

    • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
    • PEST and SWOT Analysis
    • Market Size Value / Volume - Global, Regional, Country
    • Industry and Competitive Landscape
    • Excel Dataset

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    Our Clients
    The list of companies

    1. Cisco
    2. IBM
    3. Intel Security
    4. Symantec
    5. Alert Logic
    6. Barracuda Networks
    7. CA Technologies
    8. CipherCloud
    9. CYREN
    10. Fortinet
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