In 2017, the cloud-based security services market is forecast to grow by 21 percent, outpacing the overall information security market, $5.9 billion, while the numbers are to reach $9 billion by 2020 worldwide, Gartner estimates.
“The cloud medium is a natural fit for the needs of SMBs. Its ease of deployment and management, pay-as-you-consume pricing and simplified features make this delivery model attractive for organizations that lack staffing resources,” said Ruggero Contu, research director at Gartner. “Cloud-based delivery models will remain a popular choice for security practices, with deployment expanding further to controls, such as cloud-based sandboxing and WAFs.”
