The Asia Pacific Security Assurance Market would witness market growth of 10.2% CAGR during the forecast period (2022-2028).
The e-commerce divisions frequently offer seamless apps, which are typically held by third parties and are further connected with the main business software of the organization. Regarding integrating necessary site analytics or marketing metrics, third-party providers incorporate and adjust as per the customers' needs. Unfortunately, this technology offers a flimsy network susceptible to a greater variety of online threats. So, as e-commerce scenarios become more prevalent, there is an increased requirement for security assurance devices.
In the tourism & hospitality sectors, security assurance has many different uses. Hotel rooms, guesthouses, and other lodgings can be secured with the security assurance. Restaurants, pubs, and other public spaces can also be secured using it. Security Assurance can also protect transportation services like taxis and buses.
The governments of several nations are implementing various steps to enhance the BFSI sector in the region. By abolishing the $745 transaction cap and allowing banks to set their constraints, for instance, the Reserve Bank of India (RBI) has taken steps to promote mobile payments, one of the key growth drivers for the banking industry. Furthermore, under the New Pradhan Mantri Jan Dhan Yojana, a significant number of people, especially in rural regions, have opened bank accounts. Nonetheless, because of the expansion of the BFSI industry in the region, a well-organized banking system is required to protect the data from any breaches. Therefore, it is anticipated to contribute to the rise of the market for security assurance in Asia Pacific.
The China market dominated the Asia Pacific Security Assurance Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $807.5 Million by 2028. The Japan market is estimated to grow a CAGR of 9.6% during (2022 - 2028). Additionally, The India market would experience a CAGR of 10.9% during (2022 - 2028).
Based on Type, the market is segmented into Business Applications, System & Network Infrastructure, and Mobility Solutions. Based on Organization Size, the market is segmented into Large Size Organizations, and Small & Medium Sized Organizations. Based on Vertical, the market is segmented into BFSI, IT & Telecom, Healthcare, Retail, Government, Manufacturing, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Security Assurance Market is Projected to reach USD 9.7 Billion by 2028, at a CAGR of 9.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Accenture PLC, Microsoft Corporation, Infosys Limited, IBM Corporation, Capgemini SE, Avaya, Inc. (Avaya Holdings Corp.), Spirent Communications plc, Tenable Holdings, Inc., Happiest Minds Technologies Limited and SAS Institute, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Business Applications
- System & Network Infrastructure
- Mobility Solutions
By Organization Size
- Large Size Organizations
- Small & Medium Sized Organizations
By Vertical
- BFSI
- IT & Telecom
- Healthcare
- Retail
- Government
- Manufacturing
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Accenture PLC
- Microsoft Corporation
- Infosys Limited
- IBM Corporation
- Capgemini SE
- Avaya, Inc. (Avaya Holdings Corp.)
- Spirent Communications plc
- Tenable Holdings, Inc.
- Happiest Minds Technologies Limited
- SAS Institute, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Security Assurance Market, by Type
1.4.2 Asia Pacific Security Assurance Market, by Organization Size
1.4.3 Asia Pacific Security Assurance Market, by Vertical
1.4.4 Asia Pacific Security Assurance Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2019, Sep – 2022, Oct) Leading Players
Chapter 4. Asia Pacific Security Assurance Market by Type
4.1 Asia Pacific Business Applications Market by Country
4.2 Asia Pacific System & Network Infrastructure Market by Country
4.3 Asia Pacific Mobility Solutions Market by Country
Chapter 5. Asia Pacific Security Assurance Market by Organization Size
5.1 Asia Pacific Large Size Organizations Market by Country
5.2 Asia Pacific Small & Medium Sized Organizations Market by Country
Chapter 6. Asia Pacific Security Assurance Market by Vertical
6.1 Asia Pacific BFSI Market by Country
6.2 Asia Pacific IT & Telecom Market by Country
6.3 Asia Pacific Healthcare Market by Country
6.4 Asia Pacific Retail Market by Country
6.5 Asia Pacific Government Market by Country
6.6 Asia Pacific Manufacturing Market by Country
6.7 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Security Assurance Market by Country
7.1 China Security Assurance Market
7.1.1 China Security Assurance Market by Type
7.1.2 China Security Assurance Market by Organization Size
7.1.3 China Security Assurance Market by Vertical
7.2 Japan Security Assurance Market
7.2.1 Japan Security Assurance Market by Type
7.2.2 Japan Security Assurance Market by Organization Size
7.2.3 Japan Security Assurance Market by Vertical
7.3 India Security Assurance Market
7.3.1 India Security Assurance Market by Type
7.3.2 India Security Assurance Market by Organization Size
7.3.3 India Security Assurance Market by Vertical
7.4 South Korea Security Assurance Market
7.4.1 South Korea Security Assurance Market by Type
7.4.2 South Korea Security Assurance Market by Organization Size
7.4.3 South Korea Security Assurance Market by Vertical
7.5 Singapore Security Assurance Market
7.5.1 Singapore Security Assurance Market by Type
7.5.2 Singapore Security Assurance Market by Organization Size
7.5.3 Singapore Security Assurance Market by Vertical
7.6 Malaysia Security Assurance Market
7.6.1 Malaysia Security Assurance Market by Type
7.6.2 Malaysia Security Assurance Market by Organization Size
7.6.3 Malaysia Security Assurance Market by Vertical
7.7 Rest of Asia Pacific Security Assurance Market
7.7.1 Rest of Asia Pacific Security Assurance Market by Type
7.7.2 Rest of Asia Pacific Security Assurance Market by Organization Size
7.7.3 Rest of Asia Pacific Security Assurance Market by Vertical
Chapter 8. Company Profiles
8.1 Accenture PLC
8.1.1 Company Overview
8.1.2 Segmental and Regional Analysis
8.1.3 Research & Development Expenses
8.1.4 Recent strategies and developments:
8.1.4.1 Partnerships, Collaborations, and Agreements:
8.1.4.2 Acquisition and Mergers:
8.1.5 SWOT Analysis
8.2 Microsoft Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Product Launches and Product Expansions:
8.2.5.2 Acquisition and Mergers:
8.2.5.3 Partnerships, Collaborations & Agreements
8.2.6 SWOT Analysis
8.3 Infosys Limited
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.6 SWOT Analysis
8.4 IBM Corporation
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional & Segmental Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Acquisition and Mergers:
8.4.6 SWOT Analysis
8.5 Capgemini SE
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional Analysis
8.5.4 Recent strategies and developments:
8.5.4.1 Acquisition and Mergers:
8.5.4.2 Geographical Expansions:
8.6 Avaya Inc. (Avaya Holdings Corp.)
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expenses
8.6.5 Recent strategies and developments:
8.6.5.1 Partnerships, Collaborations, and Agreements:
8.7 Spirent Communications plc
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expenses
8.7.5 Recent strategies and developments:
8.7.5.1 Product Launches and Product Expansions:
8.8 Tenable Holdings, Inc.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Regional Analysis
8.8.4 Research & Development Expenses
8.8.5 Recent strategies and developments:
8.8.5.1 Acquisition and Mergers:
8.9 Happiest Minds Technologies Limited
8.9.1 Company Overview
8.10. SAS Institute, Inc.
8.10.1 Company Overview
TABLE 1 Asia Pacific Security Assurance Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Security Assurance Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Security Assurance Market
TABLE 4 Product Launches And Product Expansions– Security Assurance Market
TABLE 5 Acquisition and Mergers– Security Assurance Market
TABLE 6 geographical Expansions– Security Assurance Market
TABLE 7 Asia Pacific Security Assurance Market by Type, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Security Assurance Market by Type, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Business Applications Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Business Applications Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific System & Network Infrastructure Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific System & Network Infrastructure Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Mobility Solutions Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Mobility Solutions Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Security Assurance Market by Organization Size, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Security Assurance Market by Organization Size, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Large Size Organizations Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Large Size Organizations Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Small & Medium Sized Organizations Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Small & Medium Sized Organizations Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Security Assurance Market by Vertical, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Security Assurance Market by Vertical, 2022 - 2028, USD Million
TABLE 23 Asia Pacific BFSI Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific BFSI Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific IT & Telecom Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific IT & Telecom Market by Country, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 29 Asia Pacific Retail Market by Country, 2018 - 2021, USD Million
TABLE 30 Asia Pacific Retail Market by Country, 2022 - 2028, USD Million
TABLE 31 Asia Pacific Government Market by Country, 2018 - 2021, USD Million
TABLE 32 Asia Pacific Government Market by Country, 2022 - 2028, USD Million
TABLE 33 Asia Pacific Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 34 Asia Pacific Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 35 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 36 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 37 Asia Pacific Security Assurance Market by Country, 2018 - 2021, USD Million
TABLE 38 Asia Pacific Security Assurance Market by Country, 2022 - 2028, USD Million
TABLE 39 China Security Assurance Market, 2018 - 2021, USD Million
TABLE 40 China Security Assurance Market, 2022 - 2028, USD Million
TABLE 41 China Security Assurance Market by Type, 2018 - 2021, USD Million
TABLE 42 China Security Assurance Market by Type, 2022 - 2028, USD Million
TABLE 43 China Security Assurance Market by Organization Size, 2018 - 2021, USD Million
TABLE 44 China Security Assurance Market by Organization Size, 2022 - 2028, USD Million
TABLE 45 China Security Assurance Market by Vertical, 2018 - 2021, USD Million
TABLE 46 China Security Assurance Market by Vertical, 2022 - 2028, USD Million
TABLE 47 Japan Security Assurance Market, 2018 - 2021, USD Million
TABLE 48 Japan Security Assurance Market, 2022 - 2028, USD Million
TABLE 49 Japan Security Assurance Market by Type, 2018 - 2021, USD Million
TABLE 50 Japan Security Assurance Market by Type, 2022 - 2028, USD Million
TABLE 51 Japan Security Assurance Market by Organization Size, 2018 - 2021, USD Million
TABLE 52 Japan Security Assurance Market by Organization Size, 2022 - 2028, USD Million
TABLE 53 Japan Security Assurance Market by Vertical, 2018 - 2021, USD Million
TABLE 54 Japan Security Assurance Market by Vertical, 2022 - 2028, USD Million
TABLE 55 India Security Assurance Market, 2018 - 2021, USD Million
TABLE 56 India Security Assurance Market, 2022 - 2028, USD Million
TABLE 57 India Security Assurance Market by Type, 2018 - 2021, USD Million
TABLE 58 India Security Assurance Market by Type, 2022 - 2028, USD Million
TABLE 59 India Security Assurance Market by Organization Size, 2018 - 2021, USD Million
TABLE 60 India Security Assurance Market by Organization Size, 2022 - 2028, USD Million
TABLE 61 India Security Assurance Market by Vertical, 2018 - 2021, USD Million
TABLE 62 India Security Assurance Market by Vertical, 2022 - 2028, USD Million
TABLE 63 South Korea Security Assurance Market, 2018 - 2021, USD Million
TABLE 64 South Korea Security Assurance Market, 2022 - 2028, USD Million
TABLE 65 South Korea Security Assurance Market by Type, 2018 - 2021, USD Million
TABLE 66 South Korea Security Assurance Market by Type, 2022 - 2028, USD Million
TABLE 67 South Korea Security Assurance Market by Organization Size, 2018 - 2021, USD Million
TABLE 68 South Korea Security Assurance Market by Organization Size, 2022 - 2028, USD Million
TABLE 69 South Korea Security Assurance Market by Vertical, 2018 - 2021, USD Million
TABLE 70 South Korea Security Assurance Market by Vertical, 2022 - 2028, USD Million
TABLE 71 Singapore Security Assurance Market, 2018 - 2021, USD Million
TABLE 72 Singapore Security Assurance Market, 2022 - 2028, USD Million
TABLE 73 Singapore Security Assurance Market by Type, 2018 - 2021, USD Million
TABLE 74 Singapore Security Assurance Market by Type, 2022 - 2028, USD Million
TABLE 75 Singapore Security Assurance Market by Organization Size, 2018 - 2021, USD Million
TABLE 76 Singapore Security Assurance Market by Organization Size, 2022 - 2028, USD Million
TABLE 77 Singapore Security Assurance Market by Vertical, 2018 - 2021, USD Million
TABLE 78 Singapore Security Assurance Market by Vertical, 2022 - 2028, USD Million
TABLE 79 Malaysia Security Assurance Market, 2018 - 2021, USD Million
TABLE 80 Malaysia Security Assurance Market, 2022 - 2028, USD Million
TABLE 81 Malaysia Security Assurance Market by Type, 2018 - 2021, USD Million
TABLE 82 Malaysia Security Assurance Market by Type, 2022 - 2028, USD Million
TABLE 83 Malaysia Security Assurance Market by Organization Size, 2018 - 2021, USD Million
TABLE 84 Malaysia Security Assurance Market by Organization Size, 2022 - 2028, USD Million
TABLE 85 Malaysia Security Assurance Market by Vertical, 2018 - 2021, USD Million
TABLE 86 Malaysia Security Assurance Market by Vertical, 2022 - 2028, USD Million
TABLE 87 Rest of Asia Pacific Security Assurance Market, 2018 - 2021, USD Million
TABLE 88 Rest of Asia Pacific Security Assurance Market, 2022 - 2028, USD Million
TABLE 89 Rest of Asia Pacific Security Assurance Market by Type, 2018 - 2021, USD Million
TABLE 90 Rest of Asia Pacific Security Assurance Market by Type, 2022 - 2028, USD Million
TABLE 91 Rest of Asia Pacific Security Assurance Market by Organization Size, 2018 - 2021, USD Million
TABLE 92 Rest of Asia Pacific Security Assurance Market by Organization Size, 2022 - 2028, USD Million
TABLE 93 Rest of Asia Pacific Security Assurance Market by Vertical, 2018 - 2021, USD Million
TABLE 94 Rest of Asia Pacific Security Assurance Market by Vertical, 2022 - 2028, USD Million
TABLE 95 Key information – Accenture PLC
TABLE 96 key information – Microsoft Corporation
TABLE 97 Key Information – Infosys Limited
TABLE 98 Key information – IBM Corporation
TABLE 99 Key Information – Capgemini SE
TABLE 100 Key Information – Avaya, Inc.
TABLE 101 Key Information – Spirent Communications plc
TABLE 102 Key Information – Tenable Holdings, Inc.
TABLE 103 Key Information – Happiest Minds Technologies Limited
TABLE 104 Key information – SAS Institute, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2019, Sep – 2022, Oct) Leading Players
FIG 5 Recent strategies and developments: Accenture PLC
FIG 6 Swot analysis: Accenture plC
FIG 7 Recent strategies and developments: Microsoft Corporation
FIG 8 SWOT Analysis: Microsoft Corporation
FIG 9 SWOT Analysis: Infosys Limited
FIG 10 Swot analysis: IBM Corporation
FIG 11 Recent strategies and developments: Capgemini SE