TechNavio’s analysts forecast the Global Security Software as a Service (SaaS) market to grow at a CAGR of 13.7percent over the period 2012-2016. One of the key factors contributing to this market growth is the ability of security SaaS solutions to reduce the total cost of ownership for key end-users of the market. The Global Security SaaS market has also been witnessing increased R&D spending by key vendors of the market. However, the increasing complexity of network infrastructure could pose a challenge to the growth of this market. TechNavio’s report, the Global Security Software as a Service (SaaS) Market 2012-2016, …
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