The SECaaS market size is expected to grow from USD 3.12 billion in 2015 to USD 8.52 billion by 2020, at a Compound Annual Growth Rate (CAGR) of 22.2%. Major factors contributing to the growth of SECaaS market are-rise in demand for cloud-based security and high on-premises security cost for organization.
Source : http://www.rnrmarketresearch.com/se...by-region-globa-st-to-2020-market-report.html
Tesserent is one of these Security as a Service companies that helps secure companies from the ever increasing attacks on IT infrastructure. By all reports, they are expanding and are generating good revenue from their business so it seems a pretty safe bet that we will see an increase in SP following next reporting period. DYOR
TNT Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held