Both physical and virtual system components of an organization are included in system integration. Physical components include computer hardware, inventories, and more. The most common virtual components are data stored in databases, software, and applications. The global system integration market is expected to grow at a compound annual rate of 10.13% over the forecast period to reach a market size of USD $708.747 billion in 2026 from USD $360.705 billion in 2019.
Cyber security is the application of technologies, processes, and controls to protect systems, networks, programs, devices, and data from cyber-attacks. It tries to lower the threat of cyberattacks and defend against unauthorized use of systems, networks, and technology. The global cyber security market size is growing, as it is anticipated to reach USD $366.10 billion by 2028.
GSA LLC designs and deploys industry-specific technology solutions for asset-intensive industries such as the telecoms, utilities, oil and gas, hospitality, and real estate among other market sectors. They help their clients streamline their operations and businesses through their portfolio of solutions, managed services, and consultancy practice. With offices in Cairo, Riyadh, Dubai, Doha, Nairobi, Dar es Salaam, Abuja, Kampala, and New Jersey, they have a team of 1,000 specialists spread out over the area.
GSA LLC wants to enter the cyber security market in Saudi Arabia. Before entering the market, GSA LLC needs to identify their competition and where they stand relative to their competitors to differentiate their product/service in the market. Additionally, they need to examine the political, legal, culture, economic, and technological environment to position the company into a successful market.
GSA LLC has hired your team as experts in international business to provide them with detailed reports on the competitive environment including the political, social, culture, economical, technological, and infrastructure of the cyber security industry. Additionally, they need your help on the best entry mode into the market. Write a 2-3 pages APA formatted report for GSA LLC that:
- Conducts a full competitive analysis and examines the political, legal, culture, economic and technological environment for the cyber security market in Saudi Arabia.
- Identifies competitors’ strengths and weaknesses and compares them with GSA’s strengths and weaknesses and identifies gaps in the market.
- Determines and provides recommendations for the best strategy to use for market entry.
- Research the market, conduct market segmentation and assess the Target Market.
- Consider the following: size of the market geographical location, market needs
- Identifies competitive advantage for GSA. What sets GSA LLC apart from their competitors?
- Include at least 4 references and cite your references in the body of your report.