Increasing Need for Niche Security Solutions, Rapid Advancements in Technology, and Budget Pressures are Driving the Security Industry to Explore Innovative Revenue Models
This study will benefit those who are interested in learning about how business models are evolving in the security industry and potential opportunities in this segment. It discusses the key aspects of security business models and identifies use cases in various types of service-based models being adopted to address security capability requirements by end-users.
This study also details drivers, restraints and trends, and their impact on new business models in security. All security industry participants and the rest of the industry verticals will benefit as this is a visionary study investigating the big-picture perspectives of ‘servistization’ of security and the revenue models being pursued to achieve security objectives: how it is evolving in the future. Technology companies who are looking to feed into the digital transformation megatrend across industries will also benefit from this study as they will get to understand their potential role in the future, thus enabling them to make key business decisions. This research is aimed at identifying transformation in the industry ecosystem. Emerging business models currently being adapted by security industry stakeholders can be converted to opportunities for revenue/market share growth.
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Research Scope
- Product scope: Industry Mega Trends
- Geographic scope: Global
- End-user scope: All relevant stakeholders in CNI, commercial and government, and security stakeholders
Key Issues Addressed
- How are business models evolving in security?
- What is the importance of data and how is it being monetized in the security industry?
- How is digital transformation shaping the way security products and services are offered?
- What are the major compelling factors driving the emergence of new business models in the security industry?
- Which business model will become the most preferred in each security process/application?
- What impact do new business models have along the security value chain?
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Clear Biometrics
- Onfido
- Stanley Security
- Telstra
- TSA
