TECH SUPPLIER May 2023 - Market Forecast - Doc # LA50412823

Latin America Security Solution Market: Opportunity Forecast and Market Snapshot


Emanuel Figueroa

Security must be placed at the center of corporate strategies. Business competitiveness, agility, compliance, and trust must include acute cybersecurity strategies as a default of everyday operations. Fortunately, enterprises recognize the importance of ensuring customer and user experience through security initiatives and recognize the need to address the skills gap in this area. Furthermore, the C-suites are becoming aware of the opportunities to minimize risks while achieving business goals.

"The cybersecurity market should consider models that promote a unified security vision, integrate predictive capabilities into platforms, reduce friction between users, partners, and collaborators, and address issues related to resilience, cost-efficiency, risk management, and digital trust. By doing this, cybersecurity may become a copilot for business operations," Emanuel Figueroa, Senior Analyst, Security Markets | Enterprise, Latin America Research, IDC.



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