Research and Markets: SaaS Security Service Outpaces Traditional Network Security Software

cybersecurityA new Research and Markets report has indicated that demand for software as a service has surpassed that for traditional network security software.

The report traces the growing interest in SaaS-based network security services among enterprises to increasing cyber attacks and use of portable devices, Research and Markets said Friday.

The market analyst also noted the companies’ need for security services that prevent misuse of confidential data by employees amid rising adoption of mobile devices.

The report sets a 6.68 percent compound annual growth rate in North America from 2014 to 2019, and names complex network infrastructures and product integration among the main market challenges.

Cisco Systems, Fortinet, Juniper Networks, McAfee, Palo Alto Networks and Symantec are profiled in the report as tier-one market vendors.

You may also be interested in...

Blue Origin

Blue Origin Launches 14th New Shepard Mission With Updated Crew Capsule

Blue Origin, a space company owned by Amazon CEO Jeff Bezos, used a capsule with updated crew systems during the company's 14th mission with the New Shepard rocket. The updated capsule featured new push-to-talk communications systems, noise reduction tools, cushioned wall linings, environmental systems and a crew alert system, Blue Origin said Thursday.


Teledyne Subsidiary to Produce Additional Navy LCS Missile Defense Modules

A Teledyne Technologies subsidiary has secured an $18M contract from Northrop Grumman to manufacture four more missile defense systems for the U.S. Navy's littoral combat ship mission package.


Lockheed’s Orion Spacecraft Concludes Assembly, Testing for NASA’s Artemis Mission to Lunar Orbit

Lockheed Martin has sent the Orion capsule to NASA’s exploration ground systems team for final preparations ahead of the unmanned Artemis I mission to lunar orbit that will launch later this year. The spacecraft concluded assembly operations and testing at Kennedy Space Center in Florida.