A security assessment is defined as the security detection process by identifying an integral part of risk management and provides appropriate levels of security. Global security assessment market size was valued at $1.36 billion in 2017 and is estimated to reach $8.77 billion by 2025 with the CAGR of 26.21% during 2019-2025. Major drivers of the Security Assessment market are increasing instances of cyberattack, approving government regulations, requiring compliance and rising adoption of IOT & BYOD trends. However, budget limitations among enterprises, lack of awareness regarding internal & external threats, dynamicity of organisations & IT infrastructure and lack of awareness about security services are major factors for hindrance to market. Furthermore, adopting hosted security assessment services and rising security assessment services across SMEs are future enhancement drivers expected to promote the growth of the market.
Research Study Objectives:
- Define, estimate, and forecast the security assessment market statistics by security type, assessment type, organization size, deployment mode, end users and regions concerning the individual growth drivers, market trends and their contribution toward the security assessment market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (mergers and acquisitions), partnerships, and product innovations are provided in the security assessment market analysis report.
- Analysis and conclusions on the future security assessment market outlook.
Top-down and bottom-up approaches are used to validate the security assessment market size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources;
databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The security assessment market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the security assessment market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The security assessment market segmentation is as follows:
By Security Type
- Endpoint Security
- Network Security
- Application Security
- Cloud Security
- Others
By Assessment Type
- Vulnerability Assessment
- Risk Assessment
- Threat Assessment
- Penetration Testing Services
- Security Program Assessment
- Others
By Organisation Size
- Small and Medium Enterprises
- Large Enterprises
By Deployment Mode
By End Users
- Retail
- Government and Defense
- Banking, Financial Services, and Insurance (BFSI)
- Healthcare
- IT and Telecom
- Energy and Utilities
- Manufacturing
- Others
Geographical Analysis:
Security assessment market is segmented by geography into North America, South America, Europe, Asia Pacific and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. The Asia Pacific is further categorised by countries into China, India,
Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the security assessment market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global Security Assessment Market Research Report Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOT analysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant security assessment, such as
- IBM Corporation
- Kaspersky Lab
- Absolute Software Corporation
- Positive Technologies
- Rapid7 LLC
Along with these companies, many other companies are considered in the report while analysing the global security assessment market competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.
