Asia-Pacific Security Services Market Share

Market Share of Asia-Pacific Security Services Industry

The Asia-Pacific security services market is fragmented, with many players at the regional and global levels. Almost all industries are transitioning from on-premises to cloud platforms for corporate activity. This factor has sped up the development of cloud-based security solutions as the volume of data and processing requirements from cloud services also supports the further growth of AI and ML. These security services providers launch enhanced products, collaborate with various companies for market expansion, and gain leadership. Some significant players offering their services in this market include Trustwave Holdings Inc., Broadcom, Securitas Inc., SecurityHQ, Fortra LLC, G4S Limited, Fujitsu, IBM Corporation, and many more.

• July 2023: SecurityHQ entered into a strategic partnership with Pylones Helios to provide MDR (managed detection and response), security operation center as a service (SOCaaS), VMaaS (vulnerability management as a service), and penetration testing (PT) services to Pylones Helas's clients. The objective is to alleviate the burden of daily operations for clients through ongoing risk assessment, result evaluation, reporting, and communications. The goal of the companies is to advise clients on future preventive measures they should take and ultimately enable them to focus on developing core business activities. Vulnerability management as a service provides critical patch reporting, ongoing reporting, and security update management.
• March 2023: Trustwave Inc. partnered strategically with Trellix to enable enterprises globally to monitor, detect, and respond to active threats and anomalies in hybrid, multi-cloud environments 24/7. Utilizing the combined capabilities of Trustwave XDR, Threatwave Threat Intelligence, and contextual information from customers' security infrastructures, Trustwave can rapidly identify and address emerging threats at their endpoints, triggering response actions to eliminate them. The two organizations are united in the determination to significantly enhance their Mean Time to Respond (MTTR) and customize solutions to their customers' specific needs to deliver faster security services.

Asia-Pacific Security Services Market Leaders

1. Trustwave Holdings, Inc

2. Securitas, Inc

3. SecurityHQ

4. Fortra, LLC

5. Broadcom Inc.

*Disclaimer: Major Players sorted in no particular order