Global Integration Security Services Market Size study & Forecast, by Type (Compliance Management, Identity and Access Management, Theft Management, Others), by Deployment Mode (On-Premise, Cloud), by Enterprise Size (Large Enterprise, Small and Medium Enterprise), by Industry Vertical (BFSI, Healthcare, IT and Telecom, Others) and Regional Analysis, 2023-2030
Global Integration Security Services Market is valued at approximately USD 17.96 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 13.7 % over the forecast period 2023-2030. The Integration Security Services focused on providing comprehensive solutions and services that ensure seamless integration of security measures across various systems, networks, and applications to safeguard against cybersecurity threats. The Integration Security Services Market is expanding because of factors such as, increasing adoption of Electronic Health Record (EHR) and increasing Cloud-Based Services across the industries. Furthermore, the increasing adoption of EHR in healthcare institutions is increasing the demand for integrated security solutions to safeguard patients and institutions. The healthcare industry is actively incorporating security systems such as access control, intrusion detection, and video surveillance to enhance overall security measures.
According to Statista in 2021, global electronic health records (EHR) market was valued at around USD 29 billion in 2020, and it is estimated to exceed USD 47 billion by 2027. As the adoption of cloud-based services rises, the demand for integrated security solutions that safeguard both cloud infrastructure and applications is growing. According to Statista in 2023, The global market for cloud applications reached a value of USD 133.6 billion in 2021 and is estimated to reach USD 168.6 billion by 2025. Additionally, the cloud system infrastructure services (IaaS) segment is projected to witness a growth rate of 30% in 2023. In addition, the growing demand for Artificial Intelligence (AI) and the rising adoption of the Internet of Things (IoT) would create lucrative growth opportunities. However, the lack of skilled professionals and the high cost of Integration Security Services stifle market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Integration Security Services Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market over the forecast period owing to the strong presence of technology companies, cybersecurity providers, and high digitalization. The region's emphasis on data privacy, regulatory compliance, and the demand for cybersecurity solutions increase the need for integration security services. Asia Pacific is fastest growing region over the forecast period, owing to factors such as rising cybersecurity concerns, a growing IT industry, an expanding e-commerce sector, and government efforts to enhance cybersecurity infrastructure. These factors collectively contribute to the increasing demand for integration security services in the region.
Major market player included in this report are:
Sophos Group plc
Trend Micro, Inc.
Optiv Security India Private Limited
Consultants to Government and Industry Incorporated
Microsoft Corporation
DynTek Inc.
Cisco Systems, Inc.
Symantec Corporation
International Business Machines Corporation
Honeywell International Inc.
Recent Developments in the Market:
In February 2022, IBM and Zscaler, a cloud security provider, joined forces to deliver comprehensive security solutions tailored for hybrid cloud environments.
In April 2022, Fortinet un acquired Cybereason, an endpoint detection and response (EDR) company, as part of its strategic plan to enhance its cybersecurity solutions portfolio and expand its market presence.
Global Integration Security Services Market Report Scope:
Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered – Type, Deployment Mode, Enterprise Size, Industry Vertical, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Compliance Management
Identity and Access Management
Theft Management
Others
By Deployment Mode:
On-Premise
Cloud
By Enterprise Size:
Large Enterprise
Small and Medium Enterprise
By Industry Vertical:
BFSI
Healthcare
IT and Telecom
Retail
Energy and Utilities
Manufacturing
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
Companies Mentioned
Sophos Group plc
Trend Micro, Inc.
Optiv Security India Private Limited
Consultants to Government and Industry Incorporated
Microsoft Corporation
DynTek Inc.
Cisco Systems, Inc.
Symantec Corporation
International Business Machines Corporation
Honeywell International Inc.
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