[February 12, 2019] |
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Cybersecurity Services: Market Intelligence, Procurement Research, Cybersecurity Industry, Supply Market Forecasts, Cost Drivers, Trends, Category Management Insights Now Available from SpendEdge
SpendEdge, a global procurement market intelligence firm, has announced
the release of their Global
Cybersecurity Services Category - Procurement Market Intelligence Report.
This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20190212005586/en/
Global Cybersecurity Services Category - Procurement Market Intelligence Report. (Graphic: Business Wire)
The advent and the widespread application of IoT have made the
organizational infrastructure more vulnerable to cyber attacks. This is
compelling buyers to augment their spend in the cybersecurity industry.
Increasing venture capital investments done in this industry and boost
in the marketing and advertising activities related to cybersecurity is
supplementing the category growth as well as normalize in the price
competition in the cyber security industry. Despite the normalizing
price competition, the lack of cybersecurity experts will deter the
service providers from striking harmony in their category pricing
strategy. Download
the Free Sample of the cybersecurity services market
intelligence report here!
Stringent regulations that mandate private user data protection,
increasing adoption of cloud-based security solutions and the emerging
cybersecurity start-ups are some of the factors that are promoting the
category growth in the US. APAC will register a fast category spend
growth because of the improving accessibility to cloud-based solutions,
rising adoption of IoT devices, favorable regulations, and rapid
category adoption by the BFSI and healthcare sectors. However, compared
to the other regions, the growth of the cybersecurity industry in MEA
will decline because of the failure of the SMEs to implement the basic
protection strategies such as network filtering. This is deterring them
from utilizing the scopes of cybersecurity services.
This market intelligence report offers a detailed overview of the key
cost drivers and category management insights that can aid in devising a
sustainable procurement strategy for cybersecurity services. This
procurement research report also highlights the current supply market
developments to help the buyers choose the appropriate vendors who can
promise a steady supply assurance. Not what you are looking for? Request
for free customization.
"Organizations must develop their customized cybersecurity standards
that are in line with their unique goals and strategies," says
SpendEdge procurement expert Sumit Yadav. "These customized
standards will help buyers track whether the service providers are
offering services that meet their expectations, thereby justifying their
procurement spend," added Sumit.
This cybersecurity services market intelligence report has highlighted
the following factors to play a key role in influencing category spend.
They include:
-
Tactical levers offer higher cost-saving opportunities than strategic
levers
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Lack of cybersecurity experts will be a crucial factor driving service
providers' cost
-
Get
the full market intelligence report to know more about the
complete scope of this report
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report purchases. Buy two reports
and get the third one for free.
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SpendEdge's procurement
market intelligence reports for the information
technology category offer information on critical cost drivers and
category pricing strategies to help the buyers achieve significant
cost-savings. The supply market forecasts provide information on
supplier performance benchmarking criteria to help buyers reduce spend
and establish better SLAs. Additionally, SpendEdge's reports offer
category management insights and procurement best practices for the
category.
Report scope snapshot: Cybersecurity services
Category ecosystem
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Market favorability index for suppliers
-
Competitiveness index for suppliers
-
Threat of new entrants
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Interested to know more about the scope of our market intelligence
reports? Download
a FREE sample
Category management enablers
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Procurement organization
-
Category enablers
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Want customized information from our cybersecurity services
procurement research report? Get
in touch
Category definition
-
Category hierarchy
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Category scope
-
Category map
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To view this the complete table of contents for the market
intelligence report, Download
a FREE sample
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View source version on businesswire.com: https://www.businesswire.com/news/home/20190212005586/en/
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