Global Digital Security Control Market Overview
According to SPER Market Research, the Global Digital Security Control Market is estimated to reach USD 43.42 billion by 2032 with a CAGR of 12.53%.
The procedure used to protect online identity, data, and other assets is known as digital security control. Web services, antivirus programmes, smartphone SIM cards, biometrics, and encrypted personal devices are some of the security control tools. The world has undergone a significant digital transition, and the pandemic's spread has accelerated at a rapid rate. The demand for digital security controls is anticipated to be driven by the threat landscapes' high priority placement of corporate and governmental networks assets in the digital age. Numerous opportunities in the business have been created by the industry's increasing digitization and greater mobility. To improve workflows, businesses are implementing cutting-edge technologies like the Internet of Things (IoT), artificial intelligence, machine learning, blockchain, and cloud computing.
The introduction of modern technologies has increased cyberattack exposure and danger. Despite the market's good technological boom, there are now more worries than ever about people's privacy and the security of company systems. Numerous cybersecurity platforms are emerging to prevent, detect, and respond to cyber threats in light of the fragile cyberspace landscape. Many different application fields, including healthcare, telecommunications, and finance, make extensive use of the digital security control solutions. The usage of digital control is predicted to rise as a result of cost-saving benefits and technological advancements in digital security control services. The market is expanding due to a rise in the use of the Europay, Mastercard, and Visa (EMV) system. On the other hand, one of the main obstacles to the expansion of the world market is hacking.
Impact of COVID-19 on the Global Digital Security Control Market
The COVID-19 pandemic has had a significant impact on the global digital security control market. With the increased adoption of remote work, online education, and e-commerce, the demand for digital security solutions has surged. However, the economic slowdown caused by the pandemic has led to budget constraints, which have slowed down the growth of the market. Additionally, the shift towards cloud-based solutions and the rising prevalence of cyber threats has further fueled the demand for digital security solutions. Overall, the market is expected to continue to grow, albeit at a slower pace than initially projected.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Hardware, By Service, By Software, By Application.
|
| Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
|
| Companies Covered | 3M, Alioth LLC, Bundesdruckerei GmbH, CardLogix Corporation, Fireeye, Inc., Gemalto NV, HID Global, IntelCav, Morpho S.A.S, NEC Corporation.
|
Global Digital Security Control Market Segmentation:
1. By Hardware:
- Smart Card
- Sim Card (Subscriber Identity Module)
- Biometric Technologies
- Security Tokens
2. By Service:
- Two-Factor Authentication
- Three-Factor Authentication
- Four-Factor Authentication
3. By Software:
- Anti-Phishing
- Authentication
- Network Surveillance
- Security Management
- Web Technologies
4. By Application:
- Commercial
- Finance and Banking
- Healthcare
- Mobile Security and Telecommunication
- Other Applications
5. By Region:
- Asia-Pacific
- Europe
- Middle East & Africa
- North America
- Latin America
Key Topics Covered in the Report:
- Size of Global Digital Security Control Market (FY’2019-FY’2032)
- Overview of Global Digital Security Control Market
- Segmentation of Global Digital Security Control Market By Hardware (Smart Card, Sim Card (Subscriber Identity Module), Biometric Technologies, Security Tokens).
- Segmentation of Global Digital Security Control Market By Service (Two-Factor Authentication, Three-Factor Authentication, Four-Factor Authentication)
- Segmentation of Global Digital Security Control Market By Software (Anti-Phishing, Authentication, Network Surveillance, Security Management, Web Technologies)
- Segmentation of Global Digital Security Control Market By Application (Mobile Security and Telecommunication, Finance and Banking, Healthcare, Commercial, Other Applications).
- Statistical Snap of Global Digital Security Control Market
- Growth Analysis of Global Digital Security Control Market
- Problems and Challenges in Global Digital Security Control Market
- Competitive Landscape in the Global Digital Security Control Market
- Impact of COVID-19 and Demonetization on Global Digital Security Control Market
- Details on Recent Investment in Global Digital Security Control Market
- Competitive Analysis of Global Digital Security Control Market
- Major Players in the Global Digital Security Control Market
- SWOT Analysis of Global Digital Security Control Market
- Global Digital Security Control Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Digital Security Control Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Global Digital Security Control Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Digital Security Control Market
7. Global Digital Security Control Market, By Hardware, 2019-2032 (USD Million)
7.1 Smart Card
7.2 Sim Card (Subscriber Identity Module)
7.3 Biometric Technologies
7.4 Security Tokens
8. Global Digital Security Control Market, By Service, 2019-2032 (USD Million)
8.1 Two-Factor Authentication
8.2 Three-Factor Authentication
8.3 Four-Factor Authentication
9. Global Digital Security Control Market, By Software, 2019-2032 (USD Million)
9.1 Anti-Phishing
9.2 Authentication
9.3 Network Surveillance
9.4 Security Management
9.5 Web Technologies
10. Global Digital Security Control Market, By Application, 2019-2032 (USD Million)
10.1 Commercial
10.2 Finance and Banking
10.3 Healthcare
10.4 Mobile Security and Telecommunication
10.5 Other Applications
11. Global Digital Security Control Market, By Region, 2019-2032 (USD Million)
11.1 Global Digital Security Control Market Size and Market Share by Region (2019-2025)
11.2 Global Digital Security Control Market Size and Market Share by Region (2026-2032)
11.3 Asia-Pacific
11.3.1 Australia
11.3.2 China
11.3.3 India
11.3.4 Japan
11.3.5 South Korea
11.3.6 Rest of Asia-Pacific
11.4 Europe
11.4.1 France
11.4.2 Germany
11.4.3 Italy
11.4.4 Spain
11.4.5 United Kingdom
11.4.6 Rest of Europe
11.5 Middle East and Africa
11.5.1 Kingdom of Saudi Arabia
11.5.2 United Arab Emirates
11.5.3 Rest of Middle East & Africa
11.6 North America
11.6.1 Canada
11.6.2 Mexico
11.6.3 United States
11.7 Latin America
11.7.1 Argentina
11.7.2 Brazil
11.7.3 Rest of Latin America
12.Company Profiles
12.1 3M
12.1.1 Company details
12.1.2 Financial outlook
12.1.3 Product summary
12.1.4 Recent developments
12.2 Alioth LLC
12.2.1 Company details
12.2.2 Financial outlook
12.2.3 Product summary
12.2.4 Recent developments
12.3 Bundesdruckerei GmbH
12.3.1 Company details
12.3.2 Financial outlook
12.3.3 Product summary
12.3.4 Recent developments
12.4 CardLogix Corporation
12.4.1 Company details
12.4.2 Financial outlook
12.4.3 Product summary
12.4.4 Recent developments
12.5 Fireeye, Inc.
12.5.1 Company details
12.5.2 Financial outlook
12.5.3 Product summary
12.5.4 Recent developments
12.6 Gemalto NV
12.6.1 Company details
12.6.2 Financial outlook
12.6.3 Product summary
12.6.4 Recent developments
12.7 HID Global
12.7.1 Company details
12.7.2 Financial outlook
12.7.3 Product summary
12.7.4 Recent developments
12.8 IntelCav
12.8.1 Company details
12.8.2 Financial outlook
12.8.3 Product summary
12.8.4 Recent developments
12.9 Morpho S.A.S
12.9.1 Company details
12.9.2 Financial outlook
12.9.3 Product summary
12.9.4 Recent developments
12.10 NEC Corporation
12.10.1 Company details
12.10.2 Financial outlook
12.10.3 Product summary
12.10.4 Recent developments
13.List of Abbreviations
14.Reference Links
15.Conclusion
16.Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
