Market Share of SECaaS Industry
The SECaaS market is highly fragmented. Overall, the competitive rivalry among existing competitors is high. Moving forward, the product innovation strategy of large companies is boosting market growth. Some of the critical advancements in the area are:
- December 2022 - Allot Ltd., a provider of innovative network intelligence and security-as-a-service (SECaaS) solutions for communication service providers (CSPs) and enterprises, declared that Far EasTone Telecommunications (FET) in Taiwan had introduced cybersecurity threat protection and comprehensive content control services for its mobile customers based on the Allot NetworkSecure solution. Allot is partnering with CommVerge for solution integration and ongoing local support.
- May 2022 - Intel launched a new security-as-a-service (SeCaaS) product, mainly designed to provide remote verification of the trustworthiness of a computing asset in edge, on-premise, and cloud environments. The solution, Project Amber, is Intel's latest effort to enhance its confidential computing services.
SECaaS Market Leaders
IBM Corporation
Cisco Systems Inc.
Dell Technologies
Barracuda Networks, Inc
Proofpoint Inc.
*Disclaimer: Major Players sorted in no particular order
