Security Assessment Market Worth 4.03 Billion USD by 2022

PUNE, India, January 16, 2018 /PRNewswire/ --

According to a new market research report "Security Assessment Market by Security Type (Endpoint Security, Network Security, Application Security, Cloud Security), Assessment Type, Deployment Mode, Organization Size, Industry Vertical, and Region - Global Forecast to 2022", published by MarketsandMarkets™, the market was valued at USD 1.26 Billion in 2017 and projected to reach USD 4.03 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 26.1% during the forecast period.

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Browse 64 market data Tables and 38 Figures spread through 131 Pages and in-depth TOC on "Security Assessment Market"

https://www.marketsandmarkets.com/Market-Reports/security-assessment-market-128992392.html

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The base year considered for the study is 2016 and the forecast period is from 2017 to 2022.

Cloud security segment is expected to play a key role in the Security Assessment Market  

The cloud services segment is expected to play an important role in changing the Security Assessment Marketspace and grow at the highest CAGR during the forecast period. Security assessment services help organizations evaluate their existing security posture and then align it to their desired cyber security goals and strategies eventually provide robust security the business critical applications. Additionally, they help organizations to meet PCI DSS, HIPAA, SOX, NERC CIP, FISMA, and other regulatory compliances.

Hosted deployment mode is expected to be the fastest-growing deployment mode in the Security Assessment Market 

In the Security Assessment Market, the hosted deployment mode is expected to be the fastest-growing segment, as it offers organizations with increased scalability, speed, round the clock services, and improved management capabilities. Additionally, such hosted or cloud-based security assessment services are available in accordance with the customer's demand, wherein enterprises can start, stop or modify any service, as per their requirement.