In the Asia-Pacific region, the market for SaaS is experiencing a Compound Annual Growth Rate (CAGR) of 44 percent, Heunemann said, compared to a CAGR of 13 percent for on-premise software.
Webroot estimates in-the-cloud security applications currently to have a market penetration of 8 percent in Australia, 4 percent in Asia and 25 percent in the U.K.
“The genesis of security technology tends to be in the U.K.,” Eschelbeck said, expecting Australian adoption to reach similar figures ‘before long’.
In terms of Eschelbeck’s research into the ‘Laws of Vulnerabilities’, the SaaS model could reduce the threat posed by current Web-based malware by narrowing organisations’ window of exposure.
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