Global Security System Integrators Market is expected to reach US$ XX Bn by 2027 from US$ 10.92 Bn in 2019 at a CAGR of XX% during the forecast period.
The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
Global Security System Integrators Market
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Global Security System Integrators Market Dynamics:
Factors such as increased network complexities because of third-party applications, lack of skilled cyber-security professionals in enterprises, growing security needs for an Internet of Things (IoT) are few major factors to boost the overall demand. An increase in Bringing Your Own Device (BYOD) trends along with the growing adoption of cloud-based services are also responsible for the growth of the security system integrators market.
The major factor restraining the growth of security system integration is difficulty in expanding their businesses on a global scale. The businesses are restricted to the geographical presence only. On the other hand, the Internet of Things (IoT) and Bring Your Own Device (BYOD) is creating new opportunities for the growth of the security system integration market.
Segment Analysis of the Global Security System Integrators Market:
The Global Security System Integrators Market is segmented into security type, organization size, industry vertical, and region. In terms of security type, the security system integrators market is classified into application security, endpoint security, network security, data security, risk and compliance management, business continuity and disaster recovery.
Based on organization size, the security system integrators market is categorized into small and medium-sized enterprises and large enterprises. On the basis of industry vertical, the security system integrators market is segregated into aerospace and defense, government, banking, financial services, and insurance, IT and telecom, healthcare, retail, manufacturing, energy and utilities, and others.
In terms of security type, the network security type is anticipated to have the largest market share and dominate the security system integrators market. Network security includes security products and services that are used to detect and prevent cyber threats in a computer network and network-accessible resources.
Based on vertical, the government vertical is anticipated to grow at the highest CAGR during the forecast period. Cybercriminals have turned their interest toward the government vertical as it holds the nation’s critical information. This vertical also uses the latest technologies for work, hence the concept of governance has led the government to focus more on cybersecurity threats.
Regional Insights of the Global Security System Integrators Market:
In terms of region, North America is anticipated to dominate the security system integration market because of the high focus on innovation in the region and growing investment in research and development. Asia-Pacific is anticipated to be the fastest-growing segment driven by a rapid digital transformation in the region.
Scope of the Global Security System Integrators Market: Inquire before buying
Global Security System Integrators Market, by Security Type
• Application Security
• Endpoint Security
• Network Security
• Data Security
• Risk and compliance management
• Business continuity and disaster recovery
Global Security System Integrators Market, by Organization Size
• Small and Medium-sized Enterprises
• Large enterprises
Global Security System Integrators Market, by Industry Vertical
• Aerospace and defense
• Government
• Banking, Financial Services, and Insurance
• IT and telecom
• Healthcare
• Retail
• Manufacturing
• Energy and utilities
• Others
Global Security System Integrators Market, by Geography
• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• Latin America
Key Players Operating in the Global Security System Integrators Market:
• Cisco Systems, Inc.
• Hewlett Packard Enterprise
• Development LP
• FireEye, Inc.
• Corporation
• International Business Machines
• Deloitte
• McAfee, LLC
• Accenture BCR
• Cognizant Technology Solutions
• Wipro Limited
• CIPHER Security LLC
• HCL Technologies Limited
• Integrity 360
• Anchor Technologies, Inc.
• Innovative Solutions Co
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