Integration security service providers are offering integrated security solutions that can easily adapt to the changing environment along with the high level of intelligence, speed, and sophistication. Companies are also providing security solutions that integrate video management solution and access control to provide multi-tiered protection. The trend of customized integrated security solutions is also gaining traction. Customized solutions as per the business requirement are being offered by the security solution providers. Companies are developing integrated security solutions, and also providing implementation and maintenance services to combat various levels of risk.
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Owing to the cost-efficiency, increasing number of companies are adopting integrated security solutions. The demand for integrated security solution is also increasing for compliance management in order to ensure the set of rules are being followed. Features such as proactive threat management, threat monitoring, and customization of security service as per the requirement are some of the major factors contributing to the growth of integrated security services. However, the need for implementation of supporting technology while deploying integrated security services is one of the key challenges in the global integration security services market.
On-Premises to Account for Maximum Revenue Share
On-premises is likely to emerge as the most preferred deployment type in the global market for integration security services. On-premises is also projected to bring in close to US$ 21,500 million revenue by 2026 end. Most of the organizations prefer security solutions like network security to be handled on-premises. Hence, increasing number of companies are adopting integrated network security solutions to protect corporate data.
Large Enterprise to Emerge as the Largest End Users in the Global Market for Integration Security Services
Compared to the small & medium enterprise, large enterprise is likely to emerge as one of the largest users of integration security services. Large enterprise is projected to create an incremental opportunity of over US$ 15,400 million between 2017 and 2026. Advancement in technologies is resulting in the need for better security system, hence, large enterprises are spending more on integrated security services to safeguard the business.
Integration Security Services to Find Largest Application in Compliance Management
Integration security services are likely to find maximum application in compliance management. Compliance management is projected to exceed US$ 13,500 million revenue by 2026 end. Organizations across the globe are facing challenges with various laws being constantly being introduced. Hence, integration security services are being used on a large scale to provide support for end-to-end compliance management process, also ensuring that the sustainable practices are in place.
Healthcare to Emerge as the Largest User of Integration Security Services
Among various industries, the healthcare industry is likely to experience significant growth in the global market for integration security services. Towards 2026 end, the healthcare sector is projected to exceed US$ 8,300 million revenue. Increasing adoption of Electronic Health Record (EHR) by healthcare institutions is driving the growth of integrated security solution to protect both patients and institutions. Healthcare industry is largely integrating security systems such as access control, intrusion detection, and video surveillance.
Europe to Dominate the Global Market for Integration Security Services
Europe is likely to remain dominant in the global market for integration security services between 2017 and 2026. The rise in software service providers in the region is resulting in the increasing adoption of integrated security solutions. Meanwhile, APEJ and North America are also likely to witness growth in the coming years. Entry of the leading companies in APEJ is one of the reasons for the growth of integrated security services.
DynTek, Microsoft Corporation, Optiv, Sophos, IBM Corporation, Trend Micro, Cisco Systems, Decipher Works Pty Ltd, CGI, and Symantec are some of the leading players in the global market for integration security services.