Security System Integrators Market Research Report Information By Type (Application Security, Endpoint Security, Network Security, Data Security), By Organization Size (SMEs, Large Enterprise), By Industry Vertical (Energy, Retail, Banking) And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2032

Global Security System Integrators Market Overview

Security System Integrators Market Size was valued at USD 10.25 billion in 2022. The security system integrators market industry is projected to grow from USD 11.14 Billion in 2023 to USD 21.71 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 8.70% during the forecast period (2023 - 2032). Lack of skilled cybersecurity professionals in enterprises and lack of security solution vendors with complete security solution suite offerings are the key market drivers enhancing the market growth.Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Security System Integrators Market Trends

• Lack of skilled cybersecurity professionals in enterprises is driving the market growth

The lack of skilled cybersecurity professionals in enterprises can support the growth of the Security System Integrators (SSI) market in several ways. Firstly, due to the increasing complexity and sophistication of cyber threats, enterprises require specialized skills and expertise to effectively design, implement, and manage their cybersecurity infrastructure. However, the shortage of skilled cybersecurity professionals means that many enterprises are struggling to recruit and retain the talent they need to meet their security requirements. This is where SSI companies can help by providing the necessary cybersecurity expertise and resources. For instance, A 2020 survey by ISACA reported that 62% of organizations had a shortage of cybersecurity professionals on staff, up from 50% in 2019. Furthermore, according to a 2020 survey by the International Association of Privacy Professionals (IAPP), 84% of organizations reported a shortage of cybersecurity staff.

Moreover, the increased digitalization in developing countries is also likely to support the growth of the Security System Integrators (SSI) market. The increasing use of digital technologies in developing countries is creating a greater need for security solutions. As businesses and organizations become more reliant on digital systems, they also become more vulnerable to cyber-attacks and other security threats. This creates a demand for security system integrators to provide comprehensive security solutions that can protect against these threats. Also, the growth of e-commerce and online transactions in developing countries is increasing the need for secure payment and transaction systems. This is driving demand for security system integrators to provide secure payment processing and fraud prevention solutions. Thus, the increased digitization in developing countries is creating a greater demand for security solutions, which is supporting the growth of the security system integrators market.

Security System Integrators Market Segment Insights

Security System Integrators Type Insights

The Security System Integrators Market segmentation, based on type Application Security, Endpoint Security, Network Security, Data Security. The data security is anticipated to experience the greatest CAGR growth among all security types during the projected period as a result of the rising enterprise use of encryption solutions. 

Security System Integrators Organization Size Insights

The Security System Integrators Market segmentation, based on organization size, includes SMEs, and Large Enterprise. Among these The SMEs segment is anticipated to expand at a higher CAGR over the forecast period, due to a growing number of data breaches on enterprise cloud-based applications, as well as, rise in the sophistication level of cyber-attacks. However, it is anticipated that the market for security system integrators will be dominated by large enterprise. Due to their extensive IT infrastructures and geographically dispersed locations, large enterprise was among the first to use security system integration services.

Security System Integrators Industry Vertical Insights

The Security System Integrators Market segmentation, based on industry vertical, includes Energy, Retail, Banking. Among these the retail segment is anticipated to expand at a higher CAGR over the forecast period, due to growing digitalization in retail sector and growing investments. However, it is anticipated that the banking sector will be dominated the segment. Due to rising adoption of various advanced technology and growing investments in the banking sector that anticipated to support the market growth during forecast period. 

Figure 1: Security System Integrators Market, by Vertical, 2022 & 2032 (USD billion)Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Security System Integrators Regional Insights

By Region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American security system integrators market area will dominate this market, owing high focus on innovation in the region is due to growing investment in development and research and growing adoption of BYOD that anticipated to support the market growth in the region.

Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2: SECURITY SYSTEM INTEGRATORS MARKET SHARE BY REGION 2022 (%)Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Europe security system integrators market accounts for the second-largest market share due to the technologically advanced, growing cyber security threat cases and supportive government initiative. Further, the German security system integrators market held the largest market share, and the UK security system integrators market was the fastest growing market in the European region.

The Asia-Pacific Security System Integrators Market is expected to grow at the fastest CAGR from 2023 to 2032. This is due to rapid digitization of the region, widespread adoption of cloud and web-based apps, and increasing BYOD trends. Moreover, China’s security system integrators market held the largest market share, and the Indian security system integrators market was the fastest growing market in the Asia-Pacific region.

Security System Integrators Key Market Players & Competitive Insights

Leading market players are investing heavily in research and development in order to expand their product lines, which will help the security system integrators market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, security system integrators industry must offer cost-effective solution and services.

Growing investment in research and development is one of the key business tactics used by manufacturers in the global security system integrators industry to benefit clients and increase the market sector. In recent years, the security system integrators industry has offered some of the most significant advantages. Major players in the security system integrators market, including Akamai technologies inc (USA), Carbon black inc (USA), Anchor technologies inc (USA) and others, are attempting to increase market demand by investing in research and development operations.

 Akamai Technologies Inc. is an American content delivery network (CDN) and cloud service provider. The company was founded in 1998 and is headquartered in Cambridge, Massachusetts. Akamai operates a global network of servers and data centers that deliver web content, video and other digital media, as well as cloud security services and solutions. Akamai's services are used by businesses, government agencies, and organizations around the world to optimize website and application performance, improve security, and provide a better user experience for customers. The company's customers include some of the world's largest and most recognized brands in the fields of e-commerce, finance, media and entertainment, healthcare, and more. Akamai has also developed a range of cloud security solutions designed to protect businesses and organizations from cyber threats, including distributed denial-of-service (DDoS) attacks, web application attacks, and other types of malicious activity.

For instance, in April 2023, the cloud company Akamai Technologies, Inc., which fuels and secures online life, announced an upgraded managed security service package and premium service options. With proactive monitoring and a swift response in the event of a cyberattack, the new capabilities are intended to assist customers in protecting their businesses continuously from the most sophisticated attacks. Customers can benefit from increased access to Akamai security experts, lower prices, and more personal assistance.

Carbon Black Inc. is an American cybersecurity company founded in 2002 and headquartered in Waltham, Massachusetts. The company specializes in endpoint security, providing solutions to protect enterprise networks from cyber threats. Carbon Black's flagship product is the Cb Defense platform, which uses machine learning and behavioral analytics to detect and respond to advanced threats on endpoints. The platform combines endpoint detection and response (EDR) with next-generation antivirus (NGAV) to provide a comprehensive security solution.

Key Companies in the security system integrators market include

• Akamai technologies inc (USA)


• Carbon black inc (USA)


• Anchor technologies inc (USA)


• Checkpoint software technologies ltd (Israel)


• Cognizant technology solutions corporation (USA)


• Cisco system inc. (USA)


• Deloitte touche Tohmatsu limited (USA)


• FireEye Inc. (USA)

Security System Integrators Industry Developments

June 2022: The company HUB Cyber Security ("HUB" or the "Company"), a developer of Confidential Computing cybersecurity solutions and services, announced that it has reached an agreement with one of the largest US system integrators of cyber security solutions for the sale of HUB's Confidential Compute solutions to US-based companies and telecom providers. The integrator focuses on offering goods and services for edge computing and 5G networks in the US

March 2022: Ramp Inc. has been stated to Omron Automation Americas' list of Certified System Integrators, the company said. A technology development company called RAMP develops specialised automation and robotic technologies. It enables clients to restructure factories and successfully integrate robotics via IIOT.

Security System Integrators Market Segmentation

Security System Integrators Type Outlook

• Application Security


• Endpoint Security


• Network Security


• Data Security

Security System Integrators Organization Size Outlook

• SMEs


• Large Enterprise

Security System Integrators Industry Vertical Outlook

• Energy


• Retail


• Banking

Security System Integrators Regional Outlook

• 
  North America
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• 
  Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• 
  Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Australia
  
  
  • Rest of Asia-Pacific
  
  
  
  


• 
  Rest of the World
  
  
  
  • Middle East
  
  
  • Africa
  
  
  • Latin America