Global managed security services market accounted for USD 20.92 billion in 2017 and is projected to grow at a CAGR of 15.1% the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Global Managed Security Services Market, By Type (Managed antivirus and others), By Security Type (Managed Network Security and others), By Deployment Type (On-premises and Cloud), By Organization Size (Large Enterprises and SME’s), By Vertical (Manufacturing and others), By Geographical Segments (North America, South America, Europe, Asia-Pacific, Middle East and Africa)- Industry Trends and Forecast to 2025.
Key Target Audience
- Managed Security Service Providers (MSSPs)
- System integrators
- Cybersecurity vendors
- Government agencies
- Value-added resellers
- Research organizations
- IT security agencies
- IT associations
- Investors and venture capitalists
- Defense organizations
- Consulting firms
- Value-added Resellers (VARs)
- Managed Identity and Access Management (IAM),
- Managed antivirus/anti-malware
- Managed firewall
- Managed risk and compliance management
- Managed vulnerability management
- Managed Intrusion Detection System/ Intrusion Prevention System (IDS/IPS)
- Managed Security Information and Event Management (SIEM)
- Managed Unified Threat Management (UTM)
- Managed encryption
- Managed disaster recovery
- Managed Data Loss Prevention (DLP)
- Managed Distributed Denial of Service (DDoS) mitigation
- Others (managed web filtering, managed application whitelisting, and managed patch management)
By Security Type
- Managed Network Security
- Managed Endpoint Security
- Managed Application Security
- Managed Cloud Security
- Others (managed database security and managed web security)
By Organization Size
- Large Enterprises
By Deployment Mode
- Banking, Financial Services, and Insurance (BFSI)
- Government and Defense
- Telecom and IT
- Energy and Utilities
- Others (education, media and entertainment, and automotive)
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Market Drivers and Restraints:
- Rising consciousness for cyber-attacks among organizations.
- The rise in public and private cloud deployment model.
- Increasing investment in IT infrastructure development.
- Increasing number of cyber-attacks with day to day technological advancements.
- Ever-growing complex risk and compliance requirement.
- Threat of rising DDOS attack on cloud service approval
The global managed security services market is fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market in order to sustain in long run. The report includes market shares of managed security services market for global, Europe, North America, Asia Pacific and South America.
- Verizon Communications,
- IBM Corporation,
- Symantec Corporation,
- At & T,
- Dell Secureworks Inc.,
- Cisco Systems Inc.,
- Trustwave Holdings Inc.,
- Accenture PLC,
- HP Enterprise,
- and Computer Sciences Corporation,
- Avaya Inc.,
- BT Group plc,
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