Global Security Assessment Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Security Type;

Endpoint Security, Network Security, Application Security, Cloud Security, and Others.

By Assessment Type;

Vulnerability Assessment, Risk Assessment, Threat Assessment, Penetration Testing Services, Security Program Assessment, and Others.

By End-Use Industry;

Banking, Financial Services, & Insurance (BFSI), IT & Telecom, Government & Defense, Energy & Utilities, Manufacturing, Healthcare, and Retail.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn118811233 Published Date: May, 2025 Updated Date: June, 2025

Security Assessment Market Overview

Security Assessment Market (USD Million)

Security Assessment Market was valued at USD 4,961.81 million in the year 2024. The size of this market is expected to increase to USD 25,296.21 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 26.2%.


Global Security Assessment Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 26.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)26.2 %
Market Size (2024)USD 4,961.81 Million
Market Size (2031)USD 25,296.21 Million
Market ConcentrationLow
Report Pages381
4,961.81
2024
25,296.21
2031

Major Players

  • IBM
  • Fireeye
  • Optiv
  • Qualys
  • Trustwave
  • Veracode
  • Check Point
  • Absolute Software
  • Rapid7

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Security Assessment Market

Fragmented - Highly competitive market without dominant players


The Security Assessment Market is steadily expanding as organizations prioritize defense against evolving digital threats. With cyber risks becoming more sophisticated, businesses are investing in thorough security evaluations to stay ahead of potential breaches. Currently, over 65% of companies perform routine security assessments, reflecting a heightened focus on safeguarding sensitive information and maintaining system integrity.

Spike in Data Breaches Driving Assessment Needs
An increasing number of data breach incidents is intensifying the need for effective security assessments. More than 55% of cybersecurity experts report a surge in breach attempts, signaling critical vulnerabilities across IT infrastructures. This growing threat landscape underscores the importance of early risk detection to prevent financial and reputational damage.

Compliance Pressures Fueling Market Growth
Strict regulatory standards are pushing companies to adopt structured security frameworks. Around 60% of organizations identify compliance as a primary driver behind their investment in security assessments. As industry regulations grow more complex, businesses are focusing on maintaining compliance to avoid penalties and ensure operational continuity.

Shift Toward Continuous Testing and Monitoring
Modern cybersecurity strategies are emphasizing continuous monitoring and threat simulation. About 42% of companies actively conduct penetration testing and red teaming exercises to detect and resolve vulnerabilities. This proactive stance is reinforcing the importance of regular security evaluations in strengthening digital defense systems.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Security Type
    2. Market Snapshot, By Assessment Type
    3. Market Snapshot, By End-Use Industry
    4. Market Snapshot, By Region
  4. Security Assessment Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Frequency and Sophistication of Cyber Attacks
        2. Stringent Regulatory Requirements and Compliance Mandates
        3. Growing Adoption of Cloud Computing and IoT
        4. Rise in Data Breaches and Cyber Threats
      2. Restraints
        1. High Costs Associated with Comprehensive Security Assessments
        2. Shortage of Skilled Cybersecurity Professionals
        3. Complexity in Integrating Security Assessment Tools with Existing Systems
        4. Challenges in Assessing Third-Party and Supply Chain Risks
      3. Opportunities
        1. Expansion of Managed Security Services (MSS)
        2. Integration of Artificial Intelligence (AI) and Machine Learning (ML)
        3. Adoption of Risk-Based Security Assessment Approaches
        4. Growth in Regulatory Technology (RegTech) Solutions
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Security Assessment Market, By Security Type, 2021 - 2031 (USD Million)
      1. Endpoint Security
      2. Network Security
      3. Application Security
      4. Cloud Security
      5. Others
    2. Security Assessment Market, By Assessment Type, 2021 - 2031 (USD Million)
      1. Vulnerability Assessment
      2. Risk Assessment
      3. Threat Assessment
      4. Penetration Testing Services
      5. Security Program Assessment
      6. Others
    3. Security Assessment Market, By End-Use Industry, 2021 - 2031 (USD Million)
      1. Banking, Financial Services, & Insurance (BFSI)
      2. IT & Telecom
      3. Government & Defense
      4. Energy & Utilities
      5. Manufacturing
      6. Healthcare
      7. Retail
    4. Security Assessment Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. IBM
      2. Fireeye
      3. Optiv
      4. Qualys
      5. Trustwave
      6. Veracode
      7. Check Point
      8. Absolute Software
      9. Rapid7
  7. Analyst Views
  8. Future Outlook of the Market