Security Assurance Market Analysis 2022-2026: Growing Need to Improve Security to Boost Market Growth

The security assurance market share is expected to grow by USD 3.14 billion, accelerating at a CAGR of 10.78% during the forecast period. Growing need to improve security and are among the key factors likely to drive market growth. Technavio's research report analyses all the growth drivers that are likely to boost market growth along with market trends.

The security assurance market report also assesses the market segments and regional segments to provide a comprehensive analysis of the market in focus. The purpose of this research report is to create a 360-degree view of the market. The key takeaways from this report will equip businesses with clear insights to strategize future growth plans. Unlock Free Sample Analysis Report

Security Assurance Market: Segments and Geographical Regions

• The security assurance market is segmented by deployment (on-premises and cloud-based) and geography (North America, APAC, Europe, MEA, and South America).
• The security assurance market share growth in the on-premises segment will be significant during the forecast period. 
• The need for compliance with regulations imposed by the government due to the growing instances of cyberattacks on hosted servers will increase the security assurance market growth in North America. 
• 35% of the market's growth will originate from North America during the forecast period. The US is a key market for security assurance in North America.

Security Assurance Market: Vendor Analysis

• The market is fragmented due to the presence of several players. 
• The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. 
• Accenture Plc, Aura Information Security, Avaya Holdings Corp., Capgemini SE, Infosys Ltd., International Business Machines Corp., Micro Focus International Plc, Microsoft Corp., NetScout Systems Inc., and SAS Institute Inc. are some of the major security assurance market vendors. 

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help businesses keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations. For more insights on this market: Download the Free PDF Sample Report

The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market is accelerating at a CAGR of 10.78%.
    
2. What is the incremental growth of the market?
   The market is expected to grow by USD 3.14 billion.
    
3. What is a key factor driving this market?
   The growing need to improve security will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   North America, APAC, Europe, MEA, and South America are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market?
   35% growth will originate from North America.
    
6. Who are the leading market vendors?
   The leading vendors in this market are Accenture Plc, Aura Information Security, Avaya Holdings Corp., Capgemini SE, Infosys Ltd., International Business Machines Corp., Micro Focus International Plc, Microsoft Corp., NetScout Systems Inc., and SAS Institute Inc.
    
7. What are the market segments covered in this report?
   The market is segmented by Deployment (on-premises and cloud-based) and Geography (North America, APAC, Europe, MEA, and South America).