This report anticipates the Managed Security Services market to surpass USD XX Billion by 2030, which is valued at XX billion in 2019 at a compound annual growth rate of XX%. The main market drivers are expected to fuel the growth due to the growing number of security breaches and attacks posing a threat to large and small organizational structures. For overall safety posture and technical advancing in cloud and in IoT, appropriate steps have been taken in advance to improve future uses around the vertical.
The global market has been segmented on the basis of deployment, organization, application. It has been further segmented on the basis of region into North America, Europe, Asia-Pacific, Mid East and Africa.
By deployment type (in %), global Managed Security Services Market, 2019
The On-premises segment is anticipated to register XX% of the volume share. However, Cloud segment is expected to register with the highest CAGR over the forecast period.
Global Managed Security Services Market is segmented by deployment mode: Cloud and On-premises.
Security investments in the cloud sector increase and service providers focusing on delivering cloud-based services instead of On-Premises services.
Global Managed Security Services Market: Drivers and Restraints
• Growing demand of MSMEs
The increase in the world market in managed security services is a major factor in rising the incidence of cyber security attacks. In addition, the growth of mobile device use, increased demand from small and medium-sized companies for managed security services and cost-effectiveness would drive the growth of the global managed security services market during the forecast period.
• Lack of scalability
The lack of integration of context resources, the risk of leakage of sensitive information, and of security technologies and platforms struggle in providing the global managed security services market with levels of scalability. Furthermore, the global management market for security services is expected to grow slowly in the forecast period due to complex IT infrastructure and chances of failure during implementation.
Global Managed Security Services Market: Regions
North America held the largest market accounting for XX% of total market volume share in 2019.
Several companies have been attracted to the area by the comprehensive developments in the IT field. The spread of these technologies has contributed to the emergence of serious and advanced cyber threats. This concern for protection has stepped up the deployment of regional security services.
Increasing spending by sports professionals and working people on nutritional items is expected to promote the use of milk powder as functional ingredients in Germany, France, the UK and Russia to boost muscle strength.
Asia Pacific: China, Japan, India, and Rest of Asia Pacific
Europe: Germany, the UK, France, and Rest of Europe
North America: The US, Mexico, and Canada
Latin America: Brazil and Rest of Latin America
Middle East & Africa: GCC Countries and Rest of Middle East & Africa
Global Managed Security Services Market: Key Players
• IBM (US)
o Company Overview
o Business Strategy
o Key Product Offerings
o Financial Performance
o Key Performance Indicators
o Risk Analysis
o Recent Development
o Regional Presence
o SWOT Analysis
• NTT Data (Japan)
• DXC Technology (US)
• Atos (France)
• Verizon (US)
• Cipher Security (US)
• Optiv Security (US)
• Infosys (India)
• Cognizant (US)
• Wipro (India)
• Other prominent players
The global Managed Security Services market report also contains analysis on:
• Managed Security Services Market Segments:
o By organization type:
o By Application type:
Retail & E-commerce
IT & Telecom
o By Deployment type:
• Managed Security Services Market Dynamics
• Managed Security Services Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints