Global Security Assurance Market to Reach $13 Billion by 2030
The global market for Security Assurance estimated at US$6.9 Billion in the year 2022, is projected to reach a revised size of US$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 US$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.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its 'bumpy' reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 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.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 89 |
Published | May 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 6.9 Billion |
Forecasted Market Value ( USD | $ 13 Billion |
Compound Annual Growth Rate | 8.2% |
Regions Covered | Global |