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Report explores the security assessment market research

IT Market Research

The security assessment market includes various vendors providing security assessment services to commercial clients across the globe. Leading companies such as Kaspersky (Russia), IBM (US), FireEye (US), Optiv Security (US), Qualys (US), Trustwave (US), Veracode (US), Check Point (Israel), Absolute Software (Canada), Rapid7 (US), CynergisTek (US), and Positive Technologies (UK) have adopted partnerships, agreements, and collaborations as key growth strategies to enhance their market reach.

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The security assessment market size is expected to grow from USD 1.26 billion in 2017 to USD 4.03 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 26.1% during the forecast period. The market is driven by the increased usage of commercially available interconnected devices and the need to protect organizations digital assets and cyber infrastructure.

Similarly, stringent regulations across the globe are fueling the growth of security assessment market. However, lack of awareness about the internal and external threats is restraining the growth of the market.

Objectives of the Study

The main objective of the report is to define, describe, and forecast the security assessment market size by security type, assessment type, deployment mode, organization size, industry vertical, and region. The report provides detailed information on the major factors (drivers, restraints, opportunities, and challenges) influencing the market growth.

The report attempts to forecast the market size with respect to 5 main regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. The report strategically profiles the key market players and comprehensively analyzes their core competencies.

It also tracks and analyzes the competitive developments, such as joint ventures, mergers and acquisitions, and new product developments, in the security assessment market.

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Key Target Audience

  • Government agencies
  • Consulting firms
  • Cybersecurity vendors
  • Systems integrators
  • Independent software vendors
  • Information Technology (IT) security agencies
  • Value-added Resellers (VARs)
  • Managed security service providers
  • Investors and venture capitalists

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Scope of the Report

The research report segments the security assessment market into the following submarkets:

By Security Type:

  • Endpoint Security
  • Network Security
  • Application Security
  • Cloud Security
  • Others (ICS security and Database security)

By Assessment Type:

  • Vulnerability Assessment
  • Risk Assessment
  • Threat Assessment
  • Penetration Testing Services
  • Security Program Assessment
  • Others (Policy and Process assessment, Compliance Assessment and Mergers & Acquisitions Risk Assessment)

By Deployment:

  • On-premises
  • Hosted

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