DUBLIN--(BUSINESS WIRE)--The "Security Assurance Market by Application (Business Applications, System & Network Infrastructure, and Mobility Solutions), Organization Size, Industry Verticals (BFSI, Telecommunications, Government, Healthcare), and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The global security assurance market size is expected to grow from USD 3.53 billion in 2018 to USD 5.48 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 9.2% during the forecast period.
Security assurance is a modern approach to assess and manage IT security risks and vulnerabilities proactively.
Security assurance services empower enterprises to timely detect, assess, and manage the security risks associated with mobile devices, business applications, and related technology environments. However, difficulty in providing hybrid cloud security is one of the major restraining factors faced by the security assurance vendors currently.
The mobility solutions segment is expected to account for the larger market share by 2023. Rapid growth in the number of mobile devices across the globe is one of the driving factors for the growth of this market.
The BFSI vertical is expected to account for the largest market share during the forecast period. The BFSI vertical is continuously upgrading its processes and transaction technologies, and therefore requires agile end-to-end security solutions to secure operations against both, internal and external threats, followed by unauthorized accesses. This has resulted in BFSI accounting for a prominent share in the security assurance market.
APAC is expected to grow at the highest CAGR during the forecast period. The need to mitigate IT security threats and rise in the adoption of security assurance services among SMEs are factors driving the security assurance market growth in this region. MEA and Latin America are expected to witness steady growth during the forecast period.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Security Assurance Market, By Application
7 Market By Organization Size
8 Security Assurance Market, By Industry Vertical
9 Security Assurance Market, By Region
10 Competitive Landscape
11 Company Profiles
- Accenture
- Aura Information Security
- Avaya
- Bizcarta
- Cipher
- Content Security
- Critical Software
- Happiest Minds
- IBM
- Infosys
- Micro Focus
- Microsoft
- Netscout
- Opentext
- Oracle
- Radix Security
- SAS Institute
- Signature Consulting Group
- Sogeti
- Spirent Communications
- Telos Corporation
- Tenable
- Wipro
For more information about this report visit https://www.researchandmarkets.com/research/g9bngn/global_security?w=4
