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Cybersecurity Services Market Procurement Intelligence Report 2021-2025 with Q1, 2021 COVID-19 Impact Update| SpendEdge
[April 13, 2021]

Cybersecurity Services Market Procurement Intelligence Report 2021-2025 with Q1, 2021 COVID-19 Impact Update| SpendEdge

NEW YORK, April 13, 2021 /PRNewswire/ -- The Cybersecurity Services market will register an incremental spend of about USD 119 Billion, growing at a CAGR of 11.64% during the five-year forecast period. A targeted strategic approach to Cybersecurity Services sourcing can unlock several opportunities for buyers. This report also offers market impact and new opportunities created due to the COVID-19 pandemic.  

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Key Highlights Offered in the Report:  

  • Information on how to identify strategic and tactical negotiation levels that will help achieve the best prices.
  • Gain information on relevant pricing levels, detailed explanation on pros and cons of prevalent pricing models.
  • Methods to help engage with the right suppliers and discover KPI's to evaluate incumbent suppliers.

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Insights into buyer strategies and tactical negotiation levers:
Several strategic and tactical negotiation levers are explained in the report to help buyers achieve the best prices for the Cybersecurity Services market. The report also aids buyers with relevant Cybersecurity Services pricing levels, pros, and cons of prevalent pricing models such as volume-based pricing, spot pricing, and cost-plus pricing and category management strategies and best practices to fulfill their category objectives.

Insights on buyer strategies and tactical negotiation levers.

Key Drivers and Trends Fueling Market Growth:
The pressure from substitutes and a moderate level of threat from new entrants has resulted in the low bargaining power of suppliers.

Price forecasts are beneficial in purchase planning, especially when supplemented by the constant monitoring of price influencing factors. During the forecast perod, the market expects a change of 4.00%-6.00%.

  • Identify favorable opportunities in Cybersecurity Services TCO (total cost of ownership).
  • Expected changes in price forecast and factors driving the current and future price changes.
  • Identify pricing models that offer the most rewarding opportunities.

Some of the top Cybersecurity Services suppliers listed in this report:
This Cybersecurity Services procurement intelligence report has enlisted the top suppliers and their cost structures, SLA terms, best selection criteria, and negotiation strategies.

  • Intel Corp.
  • International Business Machines Corp.
  • Cisco Systems Inc.
  • Booz Allen Hamilton Inc.
  • NortonLifeLock Inc.
  • Capgemini SE
  • Armor Defense Inc.
  • Tata Consultancy Services Ltd.
  • FireEye Inc.
  • BAE Systems

Related Report on Information Technology Include:

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Table of Content

  • Executive Summary
  • Market Insights
  • Category Pricing Insights
  • Cost-saving Opportunities
  • Best Practices
  • Category Ecosystem
  • Category Management Strategy
  • Category Management Enablers
  • Suppliers Selection
  • Suppliers under Coverage
  • US Market Insights
  • Category scope
  • Appendix

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About SpendEdge:

SpendEdge shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence reports and solutions.

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Anirban Choudhury
Marketing Manager
Ph No: +1 (872) 206-9340

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