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Security Assurance Market by Application (Business Applications, System & Network Infrastructure, and Mobility Solutions), Organization Size, Industry Verticals (BFSI, Telecommunications, Government, Healthcare), and Region - Global Forecast to 2023

Security Assurance Market by Application (Business Applications, System & Network Infrastructure, and Mobility Solutions), Organization Size, Industry Verticals (BFSI, Telecommunications, Government, Healthcare), and Region - Global Forecast to 2023
The rising use of Internet of Things (IoT)-based devices, resulting in upshifting the amount of digital data, is expected to drive the growth of the security assurance market
The global security assurance market size is expected to grow from USD 3.53 billion in 2018 to USD 5.48 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 9.2% during the forecast period. Security assurance is a modern approach to assess and manage IT security risks and vulnerabilities proactively. Security assurance services empower enterprises to timely detect, assess, and manage the security risks associated with mobile devices, business applications, and related technology environments. However, difficulty in providing hybrid cloud security is one of the major restraining factors faced by the security assurance vendors currently.

Among applications, the mobility solutions segment is expected to account for the larger market share during the forecast period
The mobility solutions segment is expected to account for the larger market share by 2023. Rapid growth in the number of mobile devices across the globe is one of the driving factors for the growth of this market.

By vertical, the Banking, Financial Services, and Insurance (BFSI) vertical is expected to account for the largest market share during the forecast period
The BFSI vertical is expected to account for the largest market share during the forecast period. The BFSI vertical is continuously upgrading its processes and transaction technologies, and therefore requires agile end-to-end security solutions to secure operations against both, internal and external threats, followed by unauthorized accesses. This has resulted in BFSI accounting for a prominent share in the security assurance market.

By region, Asia Pacific is expected to grow at the highest CAGR during the forecast period
APAC is expected to grow at the highest CAGR during the forecast period. The need to mitigate IT security threats and rise in the adoption of security assurance services among SMEs are factors driving the security assurance market growth in this region. MEA and Latin America are expected to witness steady growth during the forecast period.
In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, innovation and technology directors, and executives from various key organizations operating in the security assurance market.

The breakup of the profiles of the primary participants is given below:
By Company: Tier 1 - 26%, Tier 2 - 36%, and Tier 3 - 38%
By Designation: C-Level - 44%, Director Level - 50%, and Others - 6%
By Region: North America - 35%, Europe - 29%, APAC - 30%, and RoW - 6%

The key security assurance vendors profiled in the report are as follows:
Sogeti (France)
Avaya (US)
Content (Australia)
Radix (US)
BizCarta (India)
Infosys (India)
OpenText (Canada)
Tenable (US)
Microsoft (US)
Aura (New Zealand)
SAS (US)
Happiest Minds (India)
CIPHER (US)
IBM (US)
Accenture plc (Ireland)
Micro Focus (UK)
NETSCOUT (US)
Oracle (US)
Wipro (India)
Telos (US)
Critical (Portugal)
Spirent (US)
Signature Consulting Group (US).

Research Coverage
The security assurance market has been segmented based on application, organization size, industry vertical, and region. A detailed analysis of the key industry players has been undertaken to provide insights into their business overviews; services; key strategies; new service launches; partnerships, agreements, and collaborations; expansions; and competitive landscape associated with the global security assurance market.

Reasons to Buy the Report
The report would help the market leaders/new entrants in the following ways:
It comprehensively segments the security assurance market and provides the closest approximations of the revenue numbers for the overall market and its subsegments across different regions.
It would help stakeholders understand the pulse of the market and provide information on the key market drivers, restraints, challenges, and opportunities.
It would help stakeholders understand their competitors better and gain more insights to enhance their positions in the market. The competitive landscape section includes competitor ecosystem, new service developments, partnerships, and acquisitions.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
    • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • RESEARCH ASSUMPTIONS
    • LIMITATIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE MARKET OPPORTUNITIES IN THE SECURITY ASSURANCE MARKET
    • SECURITY ASSURANCE MARKET: MARKET SHARE OF TOP 4 INDUSTRY VERTICALS AND REGIONS, 2018
    • MARKET INVESTMENT SCENARIO
  • MARKET OVERVIEW
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
  • SECURITY ASSURANCE MARKET, BY APPLICATION
    • INTRODUCTION
      • Table SECURITY ASSURANCE MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
    • BUSINESS APPLICATIONS
      • Table BUSINESS APPLICATIONS: SECURITY ASSURANCE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • SYSTEM AND NETWORK INFRASTRUCTURE
      • Table SYSTEM AND NETWORK INFRASTRUCTURE: SECURITY ASSURANCE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • MOBILITY SOLUTIONS
      • Table MOBILITY SOLUTIONS: SECURITY ASSURANCE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
  • SECURITY ASSURANCE MARKET, BY ORGANIZATION SIZE
    • INTRODUCTION
      • Table SECURITY ASSURANCE MARKET SIZE, BY ORGANIZATION SIZE, 2016–2023 (USD MILLION)
    • LARGE ENTERPRISES
      • Table LARGE ENTERPRISES: SECURITY ASSURANCE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • SMALL AND MEDIUM-SIZED ENTERPRISES
      • Table SMALL AND MEDIUM-SIZED ENTERPRISES: SECURITY ASSURANCE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
  • SECURITY ASSURANCE MARKET, BY INDUSTRY VERTICAL
    • INTRODUCTION
      • Table SECURITY ASSURANCE MARKET SIZE, BY INDUSTRY VERTICAL, 2016–2023 (USD MILLION)
    • BANKING, FINANCIAL SERVICES, AND INSURANCE
      • Table BANKING, FINANCIAL SERVICES, AND INSURANCE: SECURITY ASSURANCE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • TELECOMMUNICATIONS
      • Table TELECOMMUNICATIONS: SECURITY ASSURANCE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • GOVERNMENT
      • Table GOVERNMENT: SECURITY ASSURANCE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • HEALTHCARE
      • Table HEALTHCARE: SECURITY ASSURANCE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • RETAIL
      • Table RETAIL: SECURITY ASSURANCE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • MANUFACTURING
      • Table MANUFACTURING: SECURITY ASSURANCE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • OTHERS
      • Table OTHERS: SECURITY ASSURANCE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
  • SECURITY ASSURANCE MARKET, BY REGION
    • INTRODUCTION
      • Table SECURITY ASSURANCE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: SECURITY ASSURANCE MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
      • Table NORTH AMERICA: SECURITY ASSURANCE MARKET SIZE, BY ORGANIZATION SIZE, 2016–2023 (USD MILLION)
      • Table NORTH AMERICA: SECURITY ASSURANCE MARKET SIZE, BY INDUSTRY VERTICAL, 2016–2023 (USD MILLION)
      • Table NORTH AMERICA: SECURITY ASSURANCE MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
      • UNITED STATES
      • CANADA
    • EUROPE
      • Table EUROPE: SECURITY ASSURANCE MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
      • Table EUROPE: SECURITY ASSURANCE MARKET SIZE, BY ORGANIZATION SIZE, 2016–2023 (USD MILLION)
      • Table EUROPE: SECURITY ASSURANCE MARKET SIZE, BY INDUSTRY VERTICAL, 2016–2023 (USD MILLION)
      • Table EUROPE: SECURITY ASSURANCE MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
      • UNITED KINGDOM
      • GERMANY
      • FRANCE
      • REST OF EUROPE
    • ASIA PACIFIC
      • Table ASIA PACIFIC: SECURITY ASSURANCE MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
      • Table ASIA PACIFIC: SECURITY ASSURANCE MARKET SIZE, BY ORGANIZATION SIZE, 2016–2023 (USD MILLION)
      • Table ASIA PACIFIC: SECURITY ASSURANCE MARKET SIZE, BY INDUSTRY VERTICAL, 2016–2023 (USD MILLION)
      • Table ASIA PACIFIC: SECURITY ASSURANCE MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
      • CHINA
      • JAPAN
      • AUSTRALIA AND NEW ZEALAND
      • REST OF ASIA PACIFIC
    • MIDDLE EAST AND AFRICA
      • Table MIDDLE EAST AND AFRICA: SECURITY ASSURANCE MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: SECURITY ASSURANCE MARKET SIZE, BY ORGANIZATION SIZE, 2016–2023 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: SECURITY ASSURANCE MARKET SIZE, BY INDUSTRY VERTICAL, 2016–2023 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: SECURITY ASSURANCE MARKET SIZE, BY SUB-REGION, 2016–2023 (USD MILLION)
      • MIDDLE EAST
      • AFRICA
    • LATIN AMERICA
      • Table LATIN AMERICA: SECURITY ASSURANCE MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
      • Table LATIN AMERICA: SECURITY ASSURANCE MARKET SIZE, BY ORGANIZATION SIZE, 2016–2023 (USD MILLION)
      • Table LATIN AMERICA: SECURITY ASSURANCE MARKET SIZE, BY INDUSTRY VERTICAL, 2016–2023 (USD MILLION)
      • Table LATIN AMERICA: SECURITY ASSURANCE MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
      • BRAZIL
      • MEXICO
      • REST OF LATIN AMERICA
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
      • PARTNERSHIPS, AGREEMENTS, AND COLLABORATIONS
        • Table PARTNERSHIPS, AGREEMENTS, AND COLLABORATIONS, 2018
      • NEW PRODUCT/SERVICE LAUNCHES AND PRODUCT ENHANCEMENTS
        • Table NEW PRODUCT/SERVICE LAUNCHES AND PRODUCT ENHANCEMENTS, 2018
      • MERGERS AND ACQUISITIONS
        • Table MERGERS AND ACQUISITIONS, 2018
  • COMPANY PROFILES
    • INTRODUCTION
    • ACCENTURE
      • BUSINESS OVERVIEW
      • SERVICES OFFERED
      • MNM VIEW
    • AVAYA
      • BUSINESS OVERVIEW
      • SERVICES OFFERED
      • MNM VIEW
    • IBM
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • MNM VIEW
    • INFOSYS
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • MICRO FOCUS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • MICROSOFT
      • BUSINESS OVERVIEW
      • PRODUCTS/SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • NETSCOUT
      • BUSINESS OVERVIEW
      • SOLUTIONS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SAS INSTITUTE
      • BUSINESS OVERVIEW
      • PRODUCTS/SOLUTIONS OFFERED
      • MNM VIEW
    • SOGETI
      • BUSINESS OVERVIEW
      • PRODUCTS/SOLUTIONS OFFERED
      • MNM VIEW
    • AURA INFORMATION SECURITY
      • BUSINESS OVERVIEW
      • SERVICES OFFERED
    • BIZCARTA
      • BUSINESS OVERVIEW
      • SERVICES OFFERED
    • CIPHER
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
    • CRITICAL SOFTWARE
      • BUSINESS OVERVIEW
      • SERVICES OFFERED
    • CONTENT SECURITY
      • BUSINESS OVERVIEW
      • SERVICES OFFERED
    • HAPPIEST MINDS
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
    • OPENTEXT
      • BUSINESS OVERVIEW
      • PRODUCTS/SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
    • ORACLE
      • BUSINESS OVERVIEW
      • SERVICES OFFERED
    • TELOS CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS/SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
    • TENABLE
      • BUSINESS OVERVIEW
      • PRODUCT/SOLUTION OFFERED
      • RECENT DEVELOPMENTS
    • RADIX SECURITY
      • BUSINESS OVERVIEW
      • SERVICES OFFERED
    • SIGNATURE CONSULTING GROUP
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • SPIRENT COMMUNICATIONS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • WIPRO
      • BUSINESS OVERVIEW
      • SERVICES OFFERED
  • APPENDIX
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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