Integration Security Services Market to Grow at a CAGR of 13.6% through 2026

Posted by Vikas Bahurupi on December 3rd, 2018

Integration security service suppliers are putting forth coordinated security solutions which could be without much of a stretch adjusts to the changing condition alongside the high level of sophistication, speed and intelligence. Organizations are likewise giving a security solution which incorporates video administration solutions and access control to give multi-layered assurance. The customized integrated security solutions are likewise holding great market share. Customized solutions according to the business demand are being extended by the security solution suppliers. Organizations are creating integrated security solutions and furthermore giving execution and maintenance administrations to conflict different levels of peril.

Due to the cost- effectiveness, expanding number of organizations are implementing integrated security solutions. The requirement for integrated security solutions is additionally expanding for consistency administration with the purpose of assuring the procedures are being followed. Aspects, for example, threat monitoring, proactive risk administration and tailor-made security benefit according to the requirements are a few aspects adding to the expansion of integrated security services. Notwithstanding, the requirement for execution of backing technology while positioning integrated security services is one of the fundamental challenges in the worldwide market for integrated security services.

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Europe Expected to be the Biggest Region in the Global Integration Security Services Market During 2026 The overall market is predicted to grow at a 13.6% CAGR over the predicted period of 2026 to reach a market valuation of US$ 36,136 million in revenue terms through the end of 2026.

Market Segmentation

By deployment type, the overall market is segmented into SaaS and on-premises. The on-premises segment will be predicted to see a remarkable growth in the overall market throughout 2017-2026.

By end user, the worldwide market is broadly divided into the small & medium enterprise and large enterprise. The large enterprise division will be the biggest user in the overall market and is expected to exceed US$ 23,600 million in revenue terms through 2026 end.

By applications, the global market is categorised into theft management, identity & access management, compliance management and other applications. The compliance management is projected to exceed a value of US$ 13,500 million in revenue terms by 2026.

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By industry, the global market is categorised into manufacturing, energy & utilities, retail, IT & telecom, healthcare, BFSI and others. The healthcare category will be witnessing a robust growth in the worldwide market all through 2017-2026.

By region, the overall market is studied across Latin America, North America, Middle East and Africa, Europe, Japan and Asia Pacific Excluding Japan. Europe will be the biggest market in the overall market as the requirement in the region is increasing because of the existence of the prominent players.

Key Market Players

The prominent market player operating in the worldwide market for integration security services includes, IBM Corporation, Symantec Corporation, Trend Micro, Inc., Cisco Systems, Inc., Optiv Security, Sophos Group plc, CGI Group Inc, Microsoft Corporation, Honeywell International Inc., DynTek Inc.