Security System Integrators Market 2019 Development Status, Sales Revenue and Comprehensive Research by FireEye, International Business Machines, Accenture, HCL Technologies, CIPHER Security, Anchor Technologies

Market Research Future published a half-cooked research report on “Security Systems Integrators - Forecast to 2023” Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023

Market Highlights:
The security system integration is a combination of various security types in a network, application, endpoint security, and web security. In other words, security system integrators combine the subsystems into a single system to ensure the accurate working of all the subsystems. Increasing complexities due to high use of third-party applications deployment, and lack of skilled cybersecurity professionals in enterprises drives the security system integrators market during forecast period.

However, difficulty in expanding business at global scale hampers the growth of the security system integrator market. Opportunities such as innovation in IoT and increasing digitization in developed countries are expected to boost the market growth. Small and medium enterprises (SME’s) are expected to grow at a highest growth rate owing to the increasing cases of data breach on cloud applications as well as rising cyber attacks grows the demand of security systems integrators in SME’s.

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Major Key players:

• Setronics Corporation (U.S.),
• Cisco Systems, Inc. (U.S.),
• FireEye, Inc. (U.S.),
• Hewlett Packard Enterprise Development LP (U.S.),
• International Business Machines Corporation (U.S.),
• McAfee, LLC (U.S.),
• Accenture BCR (Ireland),
• Cognizant Technology Solutions Corporation (U.S.),
• Deloitte Touche Tohmatsu Limited (U.S.),
• HCL Technologies Limited (India),
• Wipro Limited (India),
• CIPHER Security LLC (U.S.),
• Integrity360 (Ireland),
• Vandis, Inc. (U.S.),
• Anchor Technologies, Inc. (U.S.),
• Innovative Solutions Co (Saudi Arabia).
Other vendors include Symantec Corporation (U.S.), Palo Alto Networks, Inc. (U.S.), Sophos Group Plc (U.K), Check Point Software Technologies Ltd (Israel), RSA Security LLC (U.S.), Kaspersky Lab (Russia), Carbon Black, Inc (U.S.), F-Secure Corporation (Finland), Veracode, Inc. (U.S.), WhiteHat Security (U.S.), Akamai Technologies, Inc (U.S.) and others.

According to MRFR, The Security System Integrators Market is estimated to grow at a CAGR of 10% during the Forecast Period 2017-2023. The wireless systems are not only easy to install but it helps to improve the interactive monitoring services of a system and can be remotely operated which makes it easy to use.

Segmentation:
On the basis of organization size, the Security System Integrators market is segmented into small and medium enterprises, and large enterprises. Among these, the large enterprises are having the highest market and are expected to dominate the segment during the forecast period. This growth is mainly due to the ability of enterprises to invest large amounts in cloud deployment, application security, and mostly the network security. On the other hand, the small and medium enterprises are slowly adopting these security systems, due to budgetary restraints.
On the basis of vertical, the market is segmented into energy, retail, banking, manufacturing, hospitality, government, IT & telecommunication, aerospace & defense, and others. The government sector along with public sector integration of IT infrastructure is expected to grow at a fast rate due to increasing number of cyber threats and attacks. These industrial verticals possess a lot of sensitive customer data and also are dedicated to providing rapid customer service, for which there is a strong need of network and application security.

Regional Analysis
North America, at present holds the largest market share of security system integrators market and is expected to continue dominating by the end of forecast period. Europe is closely following North America in terms of growth rate. Europe and North America are advanced regions in terms of technology and its adoption. Many small, medium and large enterprises are providing their services in these regions and across the globe. As the IT sector is highly dominant in countries like the U.S., there is a strong need in terms of security. Many enterprises and government agencies are moving their services, data, and processes to cloud which is resulting in an additional risk of data loss and security threat.
The major factors adding to the growth of Europe market is the strict government regulations and policies regarding the data transmission. However, Asia Pacific, at present, is slowly adopting these services and has occupied third spot in the market. This growth is expected to increase, by the mid of forecast period, due to more adoption of cloud services and development in IT infrastructure.

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Intended Audience:
• Security System Integrators providers
• IT providers
• Software vendors
• Retail vendors
• Cloud service providers
• Local/Government Agencies
• Cloud Infrastructure Agencies
• Value-added Resellers
• Research Firms

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