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Global Digital Security Control Market is Predicted to Reach USD 26 Billion By 2027 Registering a CAGR of 13% | Infinium Global Research

12-05-2023 02:15 PM CET | IT, New Media & Software

Press release from: Infinium Global Research LLP

Global Digital Security Control Market is Predicted to Reach USD

Infinium Global Research, a leading market research firm, has recently published an exhaustive report examining the global and regional landscape of the Digital Security Control (DSC) Market. The comprehensive study delves into various segments and sub-segments, elucidating the influence of drivers, restraints, and macro indicators on the global and regional digital security control market over short and long-term periods. According to the report, the global digital security control market is projected to witness a substantial Compound Annual Growth Rate (CAGR) of 13% around the forecast period of 2021-2027. The market, having surpassed USD 13 billion in 2021, is anticipated to exceed USD 26 billion by 2027.

To Know More Request a Sample of this Report: https://www.infiniumglobalresearch.com/reports/sample-request/35309

Market Insight

Digital security, a critical component safeguarding online identities, data, and assets, encompasses an array of tools including web services, antivirus software, biometrics, and secure personal devices. It plays an instrumental role in protecting against risks such as identity theft and fraud, enabling secure online activities encompassing social media usage and online banking. The growth of the DSC market is intrinsically linked to the global expansion of internet security measures. Amidst the COVID-19 pandemic, businesses faced challenges as digital connectivity surged, necessitating heightened security controls to protect against vulnerabilities and threats.

Drivers and Industry Trends

The banking sector, entrusted with vast volumes of sensitive financial data, has been a major driver for digital security control market growth. Rising security concerns among banks and consumers, coupled with the escalating use of biometric authentication like face recognition and fingerprint verification, bolster market expansion. However, challenges such as technological dependence, the requirement for complex tools, and escalating cyber threats pose constraints. The adoption of multi-factor authentication services presents a promising opportunity for the DSC market.

Regional Outlook and Market Segmentation

North America has dominated the global Digital Security Control market, fueled by the surging demand within telecommunications and internet security sectors. The region is witnessing a growing need for information security measures, contributing to market growth. Conversely, the Asia Pacific region is poised to exhibit the highest growth rate, primarily due to the escalating shift towards digitalization and the mounting need for cybercrime prevention. China, boasting a robust IT industry, stands out as a key growth driver in the Asia-Pacific market.

Market Segments

The report segments the market based on hardware (smart card, SIM card, biometric technology, security token) and software (anti-phishing, authentication, network surveillance, among others).

Key Market Players

The report profiles major market players such as 3M, Gemalto NV, Fireeye, Inc, Safenet, Inc., RSA Security LLC, Oberthur Technologies, NEC Corporation, Vasco Data Security International, and HID Global Corporation.

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Table of Content

Chapter 1. Preface

1.1. Report Description

1.2. Research Methods

1.3. Research Approaches

Chapter 2. Executive Summary

2.1. Digital Security Control Market Highlights

2.2. Digital Security Control Market Projection

2.3. Digital Security Control Market Regional Highlights

Chapter 3. Global Digital Security Control Market Overview

3.1. Introduction

3.2. Market Dynamics

3.2.1.Drivers

3.2.2.Restraints

3.2.3.Opportunities

3.3. Analysis of COVID-19 impact on the Digital Security Control Market

3.4. Porter's Five Forces Analysis

3.5. IGR-Growth Matrix Analysis

3.5.1.IGR-Growth Matrix Analysis by Hardware

3.5.2.IGR-Growth Matrix Analysis by Software

3.5.3.IGR-Growth Matrix Analysis by Region

3.6. Value Chain Analysis of Digital Security Control Market

Chapter 4. Digital Security Control Market Macro Indicator Analysis

Chapter 5. Global Digital Security Control Market by Hardware

5.1. Smart Card

5.2. SIM Card

5.3. Biometric Technology

5.4. Security Token

Chapter 6. Global Digital Security Control Market by Software

6.1. Anti-phishing

6.2. Authentication

6.3. Network Surveillance

6.4. Others

Chapter 7. Global Digital Security Control Market by Region 2021-2027

7.1. North America

7.1.1.North America Digital Security Control Market by Hardware

7.1.2.North America Digital Security Control Market by Software

7.1.3.North America Digital Security Control Market by Country

7.2. Europe

7.2.1.Europe Digital Security Control Market by Hardware

7.2.2.Europe Digital Security Control Market by Software

7.2.3.Europe Digital Security Control Market by Country

7.3. Asia-Pacific

7.3.1.Asia-Pacific Digital Security Control Market by Hardware

7.3.2.Asia-Pacific Digital Security Control Market by Software

7.3.3.Asia-Pacific Digital Security Control Market by Country

7.4. RoW

7.4.1.RoW Digital Security Control Market by Hardware

7.4.2.RoW Digital Security Control Market by Software

7.4.3.RoW Digital Security Control Market by Sub-region

Chapter 8. Company Profiles and Competitive Landscape

8.1. Competitive Landscape in the Global Digital Security Control Market

8.2. Companies Profiles

8.2.1.3M

8.2.2.Gemalto NV

8.2.3.Fireeye, Inc

8.2.4.Safenet, Inc.

8.2.5.RSA Security LLC

8.2.6.Oberthur Technologies

8.2.7.NEC Corporation

8.2.8.Vasco Data Security International

8.2.9.HID Global Corporation

More Insights on this report, Speak to Our Analyst: https://www.infiniumglobalresearch.com/reports/enquiry/35309

Reasons to Buy this Report:

=> Comprehensive analysis of global as well as regional markets of Digital Security Control.

=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2027.

=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.

=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.

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About Infinium Global Research:

Infinium Global Research is a business consulting and market research firm; a group of experts that caters to fulfilling business and market research needs of leading companies in various industry verticals and business segments. The company also serves government bodies, institutes, and non-profit/non-government organizations to meet their knowledge and information needs.

Through our information services and solutions, we assist our clients to improve their performance and assess the market conditions to achieve their organizational goals. Our team of experts and analysts are engaged in continuously monitoring and assessing the market conditions to provide knowledge support to our clients. To help our clients and to stay updated with the advances and inventions in technology, business processes, regulations, and the environment, Infinium often conducts regular meets with industry experts and opinion leaders. Our key opinion leaders are involved in monitoring and assessing the progress in the business environment, so as to offer the best opinion to our clients.

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