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(USGovernment-News.Com, February 20, 2018 ) The Global Security System Integrators Market was valued at USD 8.79 billion in 2016 and is projected to reach USD 18.44 billion by 2025, growing at a CAGR of 8.58% from 2017 to 2025.
A Security Systems Integrator specializes in bringing together subsystems into a whole and ensuring that those subsystems function together. Benefits of security systems integrator include – high efficiency, centralization, theft prevention, real time monitoring, conflict resolution, boost productivity, and increases savings.
Some of the prominent players in the global market for Security System Integrators are 1. HPE 2. Fireeye 3. HCL Technologies 4. Cognizant 5. Wipro 6. Integrity360 7. Anchor Technologies 8. Innovative Solutions 9. Cisco Systems 10. IBM 11. Mcafee 12. Accenture 13. Deloitte 14. Cipher 15. Vandis
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Market Dynamics: 1. Market Drivers 1.1 Growing innovations in IoT and development of smart cities 1.2 Rising complexities due to high usage of third-party applications deployment, mergers and acquisitions, and globalization of business 1.3 Digitalization in developing countries 1.4 Lack of skilled cybersecurity professionals in enterprises 1.5 Increasing need for security solution vendors with complete security solution suite offerings 2. Market Restraints 2.1 Poor awareness towards advanced cyber threats
Market Segmentation: The Global Security System Integrators Market is segmented on the basis organization size, security type, and vertical.
1. Organization Size: 1.1 Large Enterprises 1.2 Small and Medium Organizations
2. By Security Type: 2.1 Risk and compliance management 2.2 Business continuity and disaster recovery 2.3 Data Security 2.3.1 Encryption and tokenization 2.3.2 Data Loss Prevention 2.4 Network Security 2.4.1 Vulnerability management 2.4.2 Firewall 2.4.3 Distributed Denial of Service mitigation 2.4.4 Intrusion Detection System/Intrusion Prevention System 2.5 Endpoint Security 2.5.1 Security analytics 2.5.2 Antivirus/anti-malware 2.5.3 Security Information and Event Management 2.6 Application Security 2.6.1 Web filtering and application whitelisting 2.6.2 Identity and Access Management
3. By Vertical: 3.1 Retail 3.2 Manufacturing 3.3 Energy and utilities 3.4 Aerospace and defense 3.5 Government 3.6 BFSI 3.7 IT and telecom 3.8 Healthcare 3.9 Others
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