The increased interest in cloud-based service drives the growth of the market
Market Size – USD 4.53 Billion in 2020, Market Growth – CAGR of 9.1%, Market Trends – growing knowledge of security assurance in cloud
The Security Assurance Market is expected to grow from USD 4.53 Billion in 2020 to USD 6.74 Billion by 2027, at CAGR of 9.1% during the forecast period. The growth factor being the adoption of cloud-based service.
Security assurance is an advanced technique to implement and manage IT security risks and threats. It is the set of technologies that ensure that software is being designed to operate at a level of security that can deal with the harm that could be faced from the loss, inaccuracy, alteration, unavailability or misuse of the data and resources that it uses. Security assurance services help businesses to detect, analyze, and manage the security risks associated with mobile devices, business applications, and related technology environments.
Players will require increased investments to tackle these challenges and facilitate growth in the coming years. This report comprises drivers, restraints, opportunities, and challenges pertaining to the Security Assurance Market; and extensive value chain analysis, patent analysis, analysis of the current manufacturing capability and technology status, commercialization potential in different devices, along with market size forecasts till 2026.
The major Key players in the security assurance market are Avaya (US), Micro Focus (UK), IBM (US), NETSCOUT (US), Infosys (India), Accenture (Ireland), Microsoft (US), SAS (US), Sogeti (France), Aura (New Zealand) among others.
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Further key findings from the report suggest
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For this report, the market has been segmented on the basis of organization size, Application, industry, and region:
Business (Revenue, USD Million; 2017–2027)
Application type (Revenue, USD Million; 2017–2027)
End-user (Revenue, USD Million; 2017–2027)
Regional Outlook (Revenue, USD Million; 2017–2027)
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Benefits of Purchasing Global Security Assurance Market Report:
Finally, all aspects of the Security Assurance market are quantitatively as well qualitatively assessed to study the global as well as regional market comparatively. This market study presents critical information and factual data about the market providing an overall statistical study of this market on the basis of market drivers, limitations and its future prospects.
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