{"id":52908,"date":"2023-07-24T22:06:00","date_gmt":"2023-07-24T22:06:00","guid":{"rendered":"https:\/\/www.darkreading.com\/operations\/global-security-assurance-market-to-reach-13b-by-2030"},"modified":"2023-07-24T22:06:00","modified_gmt":"2023-07-24T22:06:00","slug":"global-security-assurance-market-to-reach-13b-by-2030","status":"publish","type":"post","link":"https:\/\/www.threatshub.org\/blog\/global-security-assurance-market-to-reach-13b-by-2030\/","title":{"rendered":"Global Security Assurance Market to Reach $13B by 2030"},"content":{"rendered":"
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<\/strong><\/strong>DUBLIN<\/strong><\/span><\/strong><\/span>,<\/strong> <\/strong><\/span><\/strong><\/strong>July 24, 2023<\/strong><\/span><\/strong><\/span><\/strong> <\/strong><\/span>\/PRNewswire\/ —<\/strong> The <\/span>“Security Assurance – Global Strategic Business Report”<\/a> <\/span>report has been added to <\/span>ResearchAndMarkets.com’s <\/span>offering.<\/p>\n

The global market for Security Assurance, estimated at <\/span>$6.9 billion<\/span> <\/span>in the year 2022, is projected to reach a revised size of <\/span>$13 billion<\/span> <\/span>by 2030, growing at a CAGR of 8.2% over the analysis period 2022-2030.<\/p>\n

Large Enterprises, one of the segments analyzed in the report, is projected to record 6.5% CAGR and reach <\/span>$7.8 billion<\/span> <\/span>by the end of the analysis period.<\/p>\n

Taking into account the ongoing post pandemic recovery, growth in the SMEs segment is readjusted to a revised 11.3% CAGR for the next 8-year period.<\/p>\n

The U.S. Market is Estimated at<\/strong> <\/strong><\/span><\/strong>$1.9 Billion<\/strong><\/span>, While China is Forecast to Grow at 12.2% CAGR<\/strong><\/p>\n

The Security Assurance market in the U.S. is estimated at <\/span>US$1.9 Billion<\/span> <\/span>in the year 2022. <\/span>China<\/span>, the world’s second largest economy, is forecast to reach a projected market size of <\/span>US$2.9 Billion<\/span> <\/span>by the year 2030 trailing a CAGR of 12.2% over the analysis period 2022 to 2030.<\/p>\n

Among the other noteworthy geographic markets are <\/span>Japan<\/span> <\/span>and <\/span>Canada<\/span>, each forecast to grow at 4.1% and 6.4% respectively over the 2022-2030 period. Within <\/span>Europe<\/span>, <\/span>Germany<\/span> <\/span>is forecast to grow at approximately 5.4% CAGR.<\/p>\n

Select Competitors (Total 34 Featured) \u2014<\/strong> <\/span><\/p>\n