Managed Security Services Market is estimated to grow at a CAGR of 5.2% through the forecast period 2021 to 2027
SUMMERY:
Market Research Future published a research report on “Managed Security
Services Market Research Report- Global Forecast 2027” – Market Analysis,
Scope, Stake, Progress, Trends and Forecast to 2027.
Market
Highlights:
Market Drivers:
Increasing pressure on various organizations to comply with stringent
regulations and rise in complexities in network infrastructure are intensifying
the need for outsourcing the security task to third-party managed security
service providers, leading to the noteworthy expansion of the global managed security
services market. Increasing adoption of cloud-based solutions for big data
storage, implementation of BOYD and rapid rise in cyber theft are inducing high
demand for managed security solutions, which in turn is fueling the growth of
the global managed security services market.
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Key Players:
The prominent players that are profiled by MRFR in the report on the
global managed security services market are IBM (the U.S.), Verizon
Communications (the U.S.), CenturyLink (the U.S.), AT&T (the U.S.),
Symantec Corporation (the U.S.), HP Enterprises (the U.S.), Fortinet (the
U.S.), Solutionary Inc. (the U.S.), Dell SecureWorks (the U.S.), CSC (the
U.S.), Trustwave (the U.S.), Rapid 7 (the U.S.), BT Group (the U.K.) and
others.
Market Segmentation:
The global managed security
services market has been segmented on the basis of service type, organization size,
deployment and end-user. Based on service type, the managed security services
market is segmented into IPS and IDS, DDOS, endpoint security, unified threat
management, SIEM and firewall management.
Based on organization size, the managed security services market is
segmented into SMBs and large enterprise. Based on deployment type, the managed
security services market is segmented into cloud, on-premise and hybrid. Based
on end-user, the managed security services market is segmented into BSFI,
IT/ITES, retail, manufacturing, aerospace and defence, healthcare, government
and others.
Regional Analysis:
Geographically, the global managed security services market has been
segmented into Asia Pacific, North America, Europe, and the Middle East and
Africa. Among these, the North America region is anticipated to constitute for
the largest share in the global managed security service market owing to the
rapid adoption of managed security solutions by various companies and
organizations as a result of increasing security threats for important
information.
The Europe region is anticipated to hold second position in the global
managed security services market, with respect to market size. The
ever-changing rules and regulation and increasing demand for security expertise
in various enterprises are driving the managed security services market in this
region. The Asia Pacific region is poised to project significant growth in the
global managed security services market owing to the increasing number of
companies that are outsourcing the security solutions for larger organizations.
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