Security Assessment Market - Growth, Trends, COVID-19 Impact, and Forecasts (2023 - 2028)
During the forecasted period, the Security Assessment Market is expected to grow at a CAGR of 12.7%. The rapidly increasing cases of cyber-attacks, combined with the need to adhere to stringent compliances, the rise in Internet of Things (IoT) adoption across a variety of end-user industries, the rise in mobility trends, and so on, are all forcing organizations around the world to adopt security assessment solutions to protect and evaluate their business infrastructure.
Key HighlightsDue to the existence of several vendors offering services to both domestic and foreign markets, the Security Assessment Market is quite competitive. The leading competitors have adopted strategies including product innovation and strategic collaborations, among others, to remain competitive in the market, giving the impression that the industry is fairly concentrated. IBM Corporation, Kaspersky Lab, and FireEye, Inc. are a few of the market's main participants.
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