The Latin America, Middle East and Africa Security Assurance Market would witness market growth of 15.0% CAGR during the forecast period (2022-2028).
Security assurance is the assurance of access control, security rights, and compliance as users engage with a system over time. The Common Criteria for Information Technology Security Evaluation is a standard for evaluating, asserting, and certifying the security assurance levels of software and hardware products. Security assurance is required not only for interactions among cloud users & cloud servers but also for cloud server-stored data.
Businesses need to step up the level of protection immediately due to the rise in the frequency and complexity of cyberattacks. Attacks on computer security are now a major concern. Moreover, the number of such attacks has increased due to the employment of antiquated technologies. As a result, managed network security solutions are deployed to protect an organization's sensitive data.
The need for security solutions is further heightened by the vulnerability of such data to assaults from malicious software and unauthorized external access. As a result, there is now a much greater demand to improve security, which will propel market expansion throughout the projection period. In addition, several businesses have made steps to protect the privacy of their data, which allows vendors to introduce several security services.
The LAMEA region's automotive industry is one of the key drivers of the UAE's economic growth. Moreover, as the country looks to the future, the industry is crucial to the economy and is currently one of the Gulf Cooperation Council's (GCC) automotive sectors. The UAE government's focus on the industry's development shows how it plans to use it to promote the development of the country's economy. Dubai is expected to become the region's main automotive hub as it enters a new growth phase, expanding through the export or re-export of automobiles to the Middle East. The security assurance market is estimated to have lucrative growth potential.
The Brazil market dominated the LAMEA Security Assurance Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $233.6 Million by 2028. The Argentina market is experiencing a CAGR of 15.6% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 14.7% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Security Assurance Market, by Type
1.4.2 LAMEA Security Assurance Market, by Organization Size
1.4.3 LAMEA Security Assurance Market, by Vertical
1.4.4 LAMEA 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. LAMEA Security Assurance Market by Type
4.1 LAMEA Business Applications Market by Country
4.2 LAMEA System & Network Infrastructure Market by Country
4.3 LAMEA Mobility Solutions Market by Country
Chapter 5. LAMEA Security Assurance Market by Organization Size
5.1 LAMEA Large Size Organizations Market by Country
5.2 LAMEA Small & Medium Sized Organizations Market by Country
Chapter 6. LAMEA Security Assurance Market by Vertical
6.1 LAMEA BFSI Market by Country
6.2 LAMEA IT & Telecom Market by Country
6.3 LAMEA Healthcare Market by Country
6.4 LAMEA Retail Market by Country
6.5 LAMEA Government Market by Country
6.6 LAMEA Manufacturing Market by Country
6.7 LAMEA Others Market by Country
Chapter 7. LAMEA Security Assurance Market by Country
7.1 Brazil Security Assurance Market
7.1.1 Brazil Security Assurance Market by Type
7.1.2 Brazil Security Assurance Market by Organization Size
7.1.3 Brazil Security Assurance Market by Vertical
7.2 Argentina Security Assurance Market
7.2.1 Argentina Security Assurance Market by Type
7.2.2 Argentina Security Assurance Market by Organization Size
7.2.3 Argentina Security Assurance Market by Vertical
7.3 UAE Security Assurance Market
7.3.1 UAE Security Assurance Market by Type
7.3.2 UAE Security Assurance Market by Organization Size
7.3.3 UAE Security Assurance Market by Vertical
7.4 Saudi Arabia Security Assurance Market
7.4.1 Saudi Arabia Security Assurance Market by Type
7.4.2 Saudi Arabia Security Assurance Market by Organization Size
7.4.3 Saudi Arabia Security Assurance Market by Vertical
7.5 South Africa Security Assurance Market
7.5.1 South Africa Security Assurance Market by Type
7.5.2 South Africa Security Assurance Market by Organization Size
7.5.3 South Africa Security Assurance Market by Vertical
7.6 Nigeria Security Assurance Market
7.6.1 Nigeria Security Assurance Market by Type
7.6.2 Nigeria Security Assurance Market by Organization Size
7.6.3 Nigeria Security Assurance Market by Vertical
7.7 Rest of LAMEA Security Assurance Market
7.7.1 Rest of LAMEA Security Assurance Market by Type
7.7.2 Rest of LAMEA Security Assurance Market by Organization Size
7.7.3 Rest of LAMEA 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 LAMEA Security Assurance Market, 2018 - 2021, USD Million
TABLE 2 LAMEA 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 LAMEA Security Assurance Market by Type, 2018 - 2021, USD Million
TABLE 8 LAMEA Security Assurance Market by Type, 2022 - 2028, USD Million
TABLE 9 LAMEA Business Applications Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Business Applications Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA System & Network Infrastructure Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA System & Network Infrastructure Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Mobility Solutions Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Mobility Solutions Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Security Assurance Market by Organization Size, 2018 - 2021, USD Million
TABLE 16 LAMEA Security Assurance Market by Organization Size, 2022 - 2028, USD Million
TABLE 17 LAMEA Large Size Organizations Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Large Size Organizations Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Small & Medium Sized Organizations Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Small & Medium Sized Organizations Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Security Assurance Market by Vertical, 2018 - 2021, USD Million
TABLE 22 LAMEA Security Assurance Market by Vertical, 2022 - 2028, USD Million
TABLE 23 LAMEA BFSI Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA BFSI Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA IT & Telecom Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA IT & Telecom Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 29 LAMEA Retail Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA Retail Market by Country, 2022 - 2028, USD Million
TABLE 31 LAMEA Government Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA Government Market by Country, 2022 - 2028, USD Million
TABLE 33 LAMEA Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 34 LAMEA Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 35 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 36 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 37 LAMEA Security Assurance Market by Country, 2018 - 2021, USD Million
TABLE 38 LAMEA Security Assurance Market by Country, 2022 - 2028, USD Million
TABLE 39 Brazil Security Assurance Market, 2018 - 2021, USD Million
TABLE 40 Brazil Security Assurance Market, 2022 - 2028, USD Million
TABLE 41 Brazil Security Assurance Market by Type, 2018 - 2021, USD Million
TABLE 42 Brazil Security Assurance Market by Type, 2022 - 2028, USD Million
TABLE 43 Brazil Security Assurance Market by Organization Size, 2018 - 2021, USD Million
TABLE 44 Brazil Security Assurance Market by Organization Size, 2022 - 2028, USD Million
TABLE 45 Brazil Security Assurance Market by Vertical, 2018 - 2021, USD Million
TABLE 46 Brazil Security Assurance Market by Vertical, 2022 - 2028, USD Million
TABLE 47 Argentina Security Assurance Market, 2018 - 2021, USD Million
TABLE 48 Argentina Security Assurance Market, 2022 - 2028, USD Million
TABLE 49 Argentina Security Assurance Market by Type, 2018 - 2021, USD Million
TABLE 50 Argentina Security Assurance Market by Type, 2022 - 2028, USD Million
TABLE 51 Argentina Security Assurance Market by Organization Size, 2018 - 2021, USD Million
TABLE 52 Argentina Security Assurance Market by Organization Size, 2022 - 2028, USD Million
TABLE 53 Argentina Security Assurance Market by Vertical, 2018 - 2021, USD Million
TABLE 54 Argentina Security Assurance Market by Vertical, 2022 - 2028, USD Million
TABLE 55 UAE Security Assurance Market, 2018 - 2021, USD Million
TABLE 56 UAE Security Assurance Market, 2022 - 2028, USD Million
TABLE 57 UAE Security Assurance Market by Type, 2018 - 2021, USD Million
TABLE 58 UAE Security Assurance Market by Type, 2022 - 2028, USD Million
TABLE 59 UAE Security Assurance Market by Organization Size, 2018 - 2021, USD Million
TABLE 60 UAE Security Assurance Market by Organization Size, 2022 - 2028, USD Million
TABLE 61 UAE Security Assurance Market by Vertical, 2018 - 2021, USD Million
TABLE 62 UAE Security Assurance Market by Vertical, 2022 - 2028, USD Million
TABLE 63 Saudi Arabia Security Assurance Market, 2018 - 2021, USD Million
TABLE 64 Saudi Arabia Security Assurance Market, 2022 - 2028, USD Million
TABLE 65 Saudi Arabia Security Assurance Market by Type, 2018 - 2021, USD Million
TABLE 66 Saudi Arabia Security Assurance Market by Type, 2022 - 2028, USD Million
TABLE 67 Saudi Arabia Security Assurance Market by Organization Size, 2018 - 2021, USD Million
TABLE 68 Saudi Arabia Security Assurance Market by Organization Size, 2022 - 2028, USD Million
TABLE 69 Saudi Arabia Security Assurance Market by Vertical, 2018 - 2021, USD Million
TABLE 70 Saudi Arabia Security Assurance Market by Vertical, 2022 - 2028, USD Million
TABLE 71 South Africa Security Assurance Market, 2018 - 2021, USD Million
TABLE 72 South Africa Security Assurance Market, 2022 - 2028, USD Million
TABLE 73 South Africa Security Assurance Market by Type, 2018 - 2021, USD Million
TABLE 74 South Africa Security Assurance Market by Type, 2022 - 2028, USD Million
TABLE 75 South Africa Security Assurance Market by Organization Size, 2018 - 2021, USD Million
TABLE 76 South Africa Security Assurance Market by Organization Size, 2022 - 2028, USD Million
TABLE 77 South Africa Security Assurance Market by Vertical, 2018 - 2021, USD Million
TABLE 78 South Africa Security Assurance Market by Vertical, 2022 - 2028, USD Million
TABLE 79 Nigeria Security Assurance Market, 2018 - 2021, USD Million
TABLE 80 Nigeria Security Assurance Market, 2022 - 2028, USD Million
TABLE 81 Nigeria Security Assurance Market by Type, 2018 - 2021, USD Million
TABLE 82 Nigeria Security Assurance Market by Type, 2022 - 2028, USD Million
TABLE 83 Nigeria Security Assurance Market by Organization Size, 2018 - 2021, USD Million
TABLE 84 Nigeria Security Assurance Market by Organization Size, 2022 - 2028, USD Million
TABLE 85 Nigeria Security Assurance Market by Vertical, 2018 - 2021, USD Million
TABLE 86 Nigeria Security Assurance Market by Vertical, 2022 - 2028, USD Million
TABLE 87 Rest of LAMEA Security Assurance Market, 2018 - 2021, USD Million
TABLE 88 Rest of LAMEA Security Assurance Market, 2022 - 2028, USD Million
TABLE 89 Rest of LAMEA Security Assurance Market by Type, 2018 - 2021, USD Million
TABLE 90 Rest of LAMEA Security Assurance Market by Type, 2022 - 2028, USD Million
TABLE 91 Rest of LAMEA Security Assurance Market by Organization Size, 2018 - 2021, USD Million
TABLE 92 Rest of LAMEA Security Assurance Market by Organization Size, 2022 - 2028, USD Million
TABLE 93 Rest of LAMEA Security Assurance Market by Vertical, 2018 - 2021, USD Million
TABLE 94 Rest of LAMEA 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