The Europe Security Assurance Market would witness market growth of 8.6% CAGR during the forecast period (2022-2028).
Security assurance is required not just for interactions between cloud users and cloud servers but also for data stored at rest on cloud servers. When outsourcing important data assets to the cloud for storage, cloud customers, in particular, may have serious worries regarding data integrity. Outsourced data may have a potentially extended lifespan, making it more susceptible to purposeful or unintentional change, corruption, or erasure due to irresponsible system maintenance or reduced costs. In addition, data storage appears to be more difficult for the following reasons, even if the data integrity problem for communications can be solved with pre-made approaches such as message integrity code.
The networks are now more vulnerable to cyber-attacks and similar dangers due to the widespread use of electronic devices and cloud computing activities. Moreover, the consumers of the services are anticipated to receive a guarantee of protection from harmful software or human attacks. Therefore, predicting cybercrime and defending users from it has become paramount. The increased use of cloud computing and cloud-based solutions has fueled the market's expansion.
Russian intelligence claims that the Russian government is setting up protections against upcoming hacks. Several cybercriminal organizations have now also backed the Russian government. In retribution for supposedly targeted assaults against the Russian government and people, these organizations of cyber terrorists with ties to Russia have threatened to carry out activities. Threats of cyberattacks by some groups against countries and institutions that aid the Ukrainian military have also been made. Other cybercriminal organizations have recently launched destabilizing attacks on Ukrainian websites, perhaps in support of Russia's military incursion. Considering these factors, the security assurance market may witness growth prospects in Europe region.
The Germany market dominated the Europe Security Assurance Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $629.8 Million by 2028. The UK market is anticipated to grow at a CAGR of 7.7% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 9.4% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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 Europe Security Assurance Market, by Type
1.4.2 Europe Security Assurance Market, by Organization Size
1.4.3 Europe Security Assurance Market, by Vertical
1.4.4 Europe 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. Europe Security Assurance Market by Type
4.1 Europe Business Applications Market by Country
4.2 Europe System & Network Infrastructure Market by Country
4.3 Europe Mobility Solutions Market by Country
Chapter 5. Europe Security Assurance Market by Organization Size
5.1 Europe Large Size Organizations Market by Country
5.2 Europe Small & Medium Sized Organizations Market by Country
Chapter 6. Europe Security Assurance Market by Vertical
6.1 Europe BFSI Market by Country
6.2 Europe IT & Telecom Market by Country
6.3 Europe Healthcare Market by Country
6.4 Europe Retail Market by Country
6.5 Europe Government Market by Country
6.6 Europe Manufacturing Market by Country
6.7 Europe Others Market by Country
Chapter 7. Europe Security Assurance Market by Country
7.1 Germany Security Assurance Market
7.1.1 Germany Security Assurance Market by Type
7.1.2 Germany Security Assurance Market by Organization Size
7.1.3 Germany Security Assurance Market by Vertical
7.2 UK Security Assurance Market
7.2.1 UK Security Assurance Market by Type
7.2.2 UK Security Assurance Market by Organization Size
7.2.3 UK Security Assurance Market by Vertical
7.3 France Security Assurance Market
7.3.1 France Security Assurance Market by Type
7.3.2 France Security Assurance Market by Organization Size
7.3.3 France Security Assurance Market by Vertical
7.4 Russia Security Assurance Market
7.4.1 Russia Security Assurance Market by Type
7.4.2 Russia Security Assurance Market by Organization Size
7.4.3 Russia Security Assurance Market by Vertical
7.5 Spain Security Assurance Market
7.5.1 Spain Security Assurance Market by Type
7.5.2 Spain Security Assurance Market by Organization Size
7.5.3 Spain Security Assurance Market by Vertical
7.6 Italy Security Assurance Market
7.6.1 Italy Security Assurance Market by Type
7.6.2 Italy Security Assurance Market by Organization Size
7.6.3 Italy Security Assurance Market by Vertical
7.7 Rest of Europe Security Assurance Market
7.7.1 Rest of Europe Security Assurance Market by Type
7.7.2 Rest of Europe Security Assurance Market by Organization Size
7.7.3 Rest of Europe 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 Europe Security Assurance Market, 2018 - 2021, USD Million
TABLE 2 Europe 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 Europe Security Assurance Market by Type, 2018 - 2021, USD Million
TABLE 8 Europe Security Assurance Market by Type, 2022 - 2028, USD Million
TABLE 9 Europe Business Applications Market by Country, 2018 - 2021, USD Million
TABLE 10 Europe Business Applications Market by Country, 2022 - 2028, USD Million
TABLE 11 Europe System & Network Infrastructure Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe System & Network Infrastructure Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Mobility Solutions Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe Mobility Solutions Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Security Assurance Market by Organization Size, 2018 - 2021, USD Million
TABLE 16 Europe Security Assurance Market by Organization Size, 2022 - 2028, USD Million
TABLE 17 Europe Large Size Organizations Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Large Size Organizations Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe Small & Medium Sized Organizations Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe Small & Medium Sized Organizations Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe Security Assurance Market by Vertical, 2018 - 2021, USD Million
TABLE 22 Europe Security Assurance Market by Vertical, 2022 - 2028, USD Million
TABLE 23 Europe BFSI Market by Country, 2018 - 2021, USD Million
TABLE 24 Europe BFSI Market by Country, 2022 - 2028, USD Million
TABLE 25 Europe IT & Telecom Market by Country, 2018 - 2021, USD Million
TABLE 26 Europe IT & Telecom Market by Country, 2022 - 2028, USD Million
TABLE 27 Europe Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 28 Europe Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 29 Europe Retail Market by Country, 2018 - 2021, USD Million
TABLE 30 Europe Retail Market by Country, 2022 - 2028, USD Million
TABLE 31 Europe Government Market by Country, 2018 - 2021, USD Million
TABLE 32 Europe Government Market by Country, 2022 - 2028, USD Million
TABLE 33 Europe Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 34 Europe Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 35 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 36 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 37 Europe Security Assurance Market by Country, 2018 - 2021, USD Million
TABLE 38 Europe Security Assurance Market by Country, 2022 - 2028, USD Million
TABLE 39 Germany Security Assurance Market, 2018 - 2021, USD Million
TABLE 40 Germany Security Assurance Market, 2022 - 2028, USD Million
TABLE 41 Germany Security Assurance Market by Type, 2018 - 2021, USD Million
TABLE 42 Germany Security Assurance Market by Type, 2022 - 2028, USD Million
TABLE 43 Germany Security Assurance Market by Organization Size, 2018 - 2021, USD Million
TABLE 44 Germany Security Assurance Market by Organization Size, 2022 - 2028, USD Million
TABLE 45 Germany Security Assurance Market by Vertical, 2018 - 2021, USD Million
TABLE 46 Germany Security Assurance Market by Vertical, 2022 - 2028, USD Million
TABLE 47 UK Security Assurance Market, 2018 - 2021, USD Million
TABLE 48 UK Security Assurance Market, 2022 - 2028, USD Million
TABLE 49 UK Security Assurance Market by Type, 2018 - 2021, USD Million
TABLE 50 UK Security Assurance Market by Type, 2022 - 2028, USD Million
TABLE 51 UK Security Assurance Market by Organization Size, 2018 - 2021, USD Million
TABLE 52 UK Security Assurance Market by Organization Size, 2022 - 2028, USD Million
TABLE 53 UK Security Assurance Market by Vertical, 2018 - 2021, USD Million
TABLE 54 UK Security Assurance Market by Vertical, 2022 - 2028, USD Million
TABLE 55 France Security Assurance Market, 2018 - 2021, USD Million
TABLE 56 France Security Assurance Market, 2022 - 2028, USD Million
TABLE 57 France Security Assurance Market by Type, 2018 - 2021, USD Million
TABLE 58 France Security Assurance Market by Type, 2022 - 2028, USD Million
TABLE 59 France Security Assurance Market by Organization Size, 2018 - 2021, USD Million
TABLE 60 France Security Assurance Market by Organization Size, 2022 - 2028, USD Million
TABLE 61 France Security Assurance Market by Vertical, 2018 - 2021, USD Million
TABLE 62 France Security Assurance Market by Vertical, 2022 - 2028, USD Million
TABLE 63 Russia Security Assurance Market, 2018 - 2021, USD Million
TABLE 64 Russia Security Assurance Market, 2022 - 2028, USD Million
TABLE 65 Russia Security Assurance Market by Type, 2018 - 2021, USD Million
TABLE 66 Russia Security Assurance Market by Type, 2022 - 2028, USD Million
TABLE 67 Russia Security Assurance Market by Organization Size, 2018 - 2021, USD Million
TABLE 68 Russia Security Assurance Market by Organization Size, 2022 - 2028, USD Million
TABLE 69 Russia Security Assurance Market by Vertical, 2018 - 2021, USD Million
TABLE 70 Russia Security Assurance Market by Vertical, 2022 - 2028, USD Million
TABLE 71 Spain Security Assurance Market, 2018 - 2021, USD Million
TABLE 72 Spain Security Assurance Market, 2022 - 2028, USD Million
TABLE 73 Spain Security Assurance Market by Type, 2018 - 2021, USD Million
TABLE 74 Spain Security Assurance Market by Type, 2022 - 2028, USD Million
TABLE 75 Spain Security Assurance Market by Organization Size, 2018 - 2021, USD Million
TABLE 76 Spain Security Assurance Market by Organization Size, 2022 - 2028, USD Million
TABLE 77 Spain Security Assurance Market by Vertical, 2018 - 2021, USD Million
TABLE 78 Spain Security Assurance Market by Vertical, 2022 - 2028, USD Million
TABLE 79 Italy Security Assurance Market, 2018 - 2021, USD Million
TABLE 80 Italy Security Assurance Market, 2022 - 2028, USD Million
TABLE 81 Italy Security Assurance Market by Type, 2018 - 2021, USD Million
TABLE 82 Italy Security Assurance Market by Type, 2022 - 2028, USD Million
TABLE 83 Italy Security Assurance Market by Organization Size, 2018 - 2021, USD Million
TABLE 84 Italy Security Assurance Market by Organization Size, 2022 - 2028, USD Million
TABLE 85 Italy Security Assurance Market by Vertical, 2018 - 2021, USD Million
TABLE 86 Italy Security Assurance Market by Vertical, 2022 - 2028, USD Million
TABLE 87 Rest of Europe Security Assurance Market, 2018 - 2021, USD Million
TABLE 88 Rest of Europe Security Assurance Market, 2022 - 2028, USD Million
TABLE 89 Rest of Europe Security Assurance Market by Type, 2018 - 2021, USD Million
TABLE 90 Rest of Europe Security Assurance Market by Type, 2022 - 2028, USD Million
TABLE 91 Rest of Europe Security Assurance Market by Organization Size, 2018 - 2021, USD Million
TABLE 92 Rest of Europe Security Assurance Market by Organization Size, 2022 - 2028, USD Million
TABLE 93 Rest of Europe Security Assurance Market by Vertical, 2018 - 2021, USD Million
TABLE 94 Rest of Europe 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