What is Security Assessment Market?
Security assessments are dome by the individuals or companies who wants to enhance the security measures available. It also secures the data and information transfer of an organisation. Security assessments counter’s the security attacks and also makes use of security mechanisms for providing the service. These security solutions identifies the organisational requirements. As the task of security in growing businesses is becoming complex for management of cloud services, big data. The demand of security services is increasing which is propelling the market.
The market study is being classified and major geographies with country level break-up.
IBM (United States), HP (United States), Cisco Systems Inc. (United States), Secure Works (United States), AT&T (United States), Computer Science Corp. (United States), NortonLifeLock (United States), Fortinet Inc. (United States), Check Point Software Technologies Ltd. (United States) and BT Group. (United Kingdom) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Atos (France), BAE Systems (United Kingdom), CenturyLink (United States), DXC (United States) and Fortinet (United States).
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Security Assessment market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Security Assessment market by Type, Application and Region.
On the basis of geography, the market of Security Assessment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing complexity of cyber-attacks are fuelling the market
- Cost effectiveness of security services
Market Trend
- Technological advancements in security services
Restraints
- Lack of trust to share sensitive data to third party applications
Opportunities
- Increased adoption of cloud services by SMEs
- Increasing usage of next generation security solutions and services
Challenges
- Lack of skilled professionals to handle challenging environment
Market Leaders and some development strategies
On 1st August 2018, Cisco has completed an acquisition July systems Inc. This company delivers SaaS cloud based middle ware platform.
In May 2018, DXC Technology has launched DXC Platform-as-a-Service (PaaS) for SAP solutions on AWS’ cloud. It provides a cost-effective way for the users to move their SAP solutions to an on-demand cloud platform.
Key Target Audience
Service providers, Distributors and Traders, Research Organisations, Government Agencies and Organisations