Security Assessment Market Share

Market Share of Security Assessment Industry

Due to the existence of several vendors offering services to both domestic and foreign markets, the Security Assessment Market is quite competitive. The leading competitors have adopted strategies including product innovation and strategic collaborations, among others, to remain competitive in the market, giving the impression that the industry is fairly concentrated. IBM Corporation, Kaspersky Lab, and FireEye, Inc. are a few of the market's main participants.

• January 2023 - Smiths Detection, a provider of threat detection and security inspection technologies, has announced the release of the iLane A20, its next-generation fully automated tray return system. The new model provides high throughput and efficiency, allowing for a more seamless security process and a better passenger experience at the checkpoint. Furthermore, the ilane was created in collaboration with Interroll, the provider of material handling solutions, and evolved from Smiths Detection's existing portfolio of iLane tray return systems. 
• In addition to being automated, it offers parallel divest, which allows multiple people to prepare for security screening simultaneously, empty tray verification, and the diversion of suspicious baggage. The iLane A20 is modular, with configurable configurations to meet specific throughput levels, aesthetic requirements, and space constraints. It also saves costs by eliminating the need to replace the entire lane for upgrades and providing health monitoring for system performance management.
• June 2022 - Trustwave announced new managed detection and response (MDR) offerings designed to improve threat visibility, detect and respond to threats quickly, and boost organizations' overall cybersecurity resilience in the face of an evolving threat landscape. 
• Furthermore, Trustwave MDR and Trustwave MDR Elite provide real-time 24x7 monitoring of hybrid multi-cloud environments for active threats and anomalies backed by an elite team of global threat operators, threat hunters, and malware experts. Clients also receive a complimentary subscription to Trustwave Security Colony, a battle-tested resource explicitly designed for CISOs with hundreds of toolkits, guidelines, playbooks, and assessment capabilities developed from hundreds of cybersecurity consulting engagements around the world.
• February 2022- Qualys, Inc., a provider of disruptive cloud-based IT, security, and compliance solutions has announced the release of Qualys Context XDR, the industry's first context-aware XDR. The highly scalable Qualys Cloud Platform powers the solution and combines rich asset inventory, vulnerability context, network and endpoint telemetry from Qualys sensors, high-quality threat intelligence, and third-party log data to identify threats and quickly reduce alert fatigue.
• Moreover, Qualys Context XDR provides the security context that operations teams require to eliminate false positives and noise by triangulating risk posture, asset criticality, and threat intelligence. This includes visibility, contextual priority, and meaningful insights about the assets, allowing teams to quickly make the most impactful decisions for enhanced protection.

Security Assessment Market Leaders

1. IBM Corporation

2. Qualys Inc

3. Trustwave Holdings, Inc (Singapore Telecommunications Limited)

4. AO Kaspersky Lab

5. Trellix

*Disclaimer: Major Players sorted in no particular order