Global Security Assurance Market to Reach $13B by 2030
July 24, 2023
PRESS RELEASE
DUBLIN, July 24, 2023 /PRNewswire/ -- The "Security Assurance - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Security Assurance, estimated at $6.9 billion in the year 2022, is projected to reach a revised size of $13 billion by 2030, growing at a CAGR of 8.2% over the analysis period 2022-2030.
Large Enterprises, one of the segments analyzed in the report, is projected to record 6.5% CAGR and reach $7.8 billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the SMEs segment is readjusted to a revised 11.3% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.9 Billion, While China is Forecast to Grow at 12.2% CAGR
The Security Assurance market in the U.S. is estimated at US$1.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.9 Billion by the year 2030 trailing a CAGR of 12.2% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.1% and 6.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.4% CAGR.
Select Competitors (Total 34 Featured) —
Aura Information Security
Avaya Inc.
BizCarta Technologies India Pvt Ltd
Capgemini
Cipher Security LLC
Happiest Minds
IBM Corporation
Infosys Limited
Micro Focus
Netscout
Radix Security Inc.
SAS Institute Inc.
Spirent Communications
Telos Corporation
Tenable Inc.
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
Security Assurance - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/5m9h05
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