Security Assessment Market 2022 Strategic Assessments - IBM Corporation, Trustwave Holdings, Inc (Singapore Telecommunications Limited)

The Security Assessment Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The Security Assessment Market is expected to register a CAGR of 12.7% during the forecast period (2021 - 2026).

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Top Leading Companies of Security Assessment Market are IBM Corporation, Trustwave Holdings, Inc (Singapore Telecommunications Limited), Rapid7 Inc, Qualys Inc, Absolute Software Corp, Check Point Software Technologies Ltd., Optiv Security Inc, FireEye, Inc, Kaspersky Lab, Holm Security and others.

Industry News and Updates

Jan 2020 - FireEye, Inc., an intelligence-led security company, announced the availability of two new FireEye Mandiant services. The cloud security assessments provided by the company help organizations in evaluating and hardening the security in their cloud platforms, and cyber defense operations consulting services that will primarily help organizations in achieving security transformation by improving the detection and response capabilities of their security operations center.

- Apr 2020 - Optiv Security, a security solutions integrator that majorly delivers end-to-end cybersecurity solutions, and Palo Alto Networks have entered into a strategic partnership to solve secure and scalable remote access needs for clients using Palo Alto Networks Prisma Access.

Key Market Trends

North America is Expected to Hold a Significant Market Share

- The North American region is anticipated to hold a significant market share. This is primarily owing to the significant presence of major security assessment service providers in the market that are offering multiple services to multiple businesses in the region across multiple end-user industries.

- The substantial increase in the number of data breaches across various industries boosts the companies to adopt robust assessment services. For instance, according to the White House Council of Economic Advisers, the US economy faces losses of approximately USD 57 billion to USD 109 billion per annum, due to the dangerous cyber activities.

- Moreover, cyberattacks in the North American region, especially in the United States are rising rapidly and have reached an all-time high, primarily owing to the rapidly increasing number of connected devices in the region. In the United States, consumers are using public clouds, and many of their mobile applications are preloaded with their personal information for the convenience of banking, shopping, communication, etc.

Regional Outlook of Security Assessment Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

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What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Security Assessment Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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