Managed Security Services Market Size 2016-2026

shreyas.d

Persistence Market Research delivers in depth research on the global managed security services market in its latest report titled, “Managed Security Services Market: Global Industry Analysis and Forecast, 2016–2026”.

Global Market Study on Managed Security

Services: North America Market Expected to

Expand 7x in Terms of Value by 2026 End


P e r s i s t e n c e M a r k e t R e s e a r c h

Report Media Releases

Global Managed Security Services Market Expected to

Register a CAGR of 17.6% Between 2016 and 2026, Owing to

Increasing Vulnerabilities of Advanced Cyber Attacks and

Threats

Persistence Market Research delivers in depth research on the global managed security

services market in its latest report titled, “Managed Security Services Market: Global

Industry Analysis and Forecast, 20162026”. According to the report, the global managed

security services market is estimated to be valued at US$ 19.98 Bn by 2016 end and is expected

to increase to US$ 100.88 Bn by 2026.

Managed Security Services is the systematic approach to manage the security needs of the

organization by outsourcing its security services to third party vendors known as managed

security service providers. These services are cost effective, provide skilled resources, network

infrastructure, advanced security solutions and tools with adherence to compliance and

regulatory requirements and 24 x 7 support and monitoring.

Managed security services consists of different types such as on-site consulting, perimeter

management of the network of the client, vulnerability management, penetration testing, security

audits and compliance monitoring, round the clock monitoring, intrusion detection system

,firewall management, threat management, DDoS attacks, security information and event

management, end point security and product resale, virtual private network, and anti-viral

services.

Download Sample Report @ http://www.persistencemarketresearch.com/samples/12100

Managed Security Services has applications in various end use industries such as banking and

financial institutions, healthcare, retail, telecommunication and information technology,

government, energy and utilities, industrial manufacturing and others.

The report analyses the global managed security services market in terms of value (US$ Mn) by

deployment type, service type, application type, organization and region; and provides insightful

information regarding the value chain, market trends, competitive landscape, market dynamics

and market estimation and forecast.

Global Managed Security Services Market 2016-2026


P e r s i s t e n c e M a r k e t R e s e a r c h

Factors such as increasing cybercrime activities, cost effectiveness, delivering timely and speedy

action against advanced threats, skilled workforce, 24 x 7 monitoring and support, continuous

change in compliance standards and regulations and growing trend of BYOD and mobile devices

at workplace are some of the drivers which are expected to grow global managed security

services market during the forecast period.

However, barriers to entry in the form of scalability, automation and professional expertise act as

major restraints in the global managed security services market. Moreover, there is always a

huge amount of risk associated with outsourcing the critical and sensitive security information of

any organization to the service providers. This also acts as a hindrance to the growth of the

global managed security services market.

Download Report Table of Content, Figures, and Tables @

http://www.persistencemarketresearch.com/market-research/managed-securityservices-market/toc

The global managed security services market is segmented on the basis of deployment type,

service type, application type, organization and region. By software type, the market is

segmented into cloud-based software and web-based software. On the basis of application type,

the market is segmented into BFSI, retail, healthcare, telecommunications and others. By service

type, the market is segmented into IPS/IDS, DDoS, threat management, firewall management,

end point security and SIEM. The market is also segmented on the basis of the organization

which includes large enterprises and small and medium enterprises. Key regions covered in the

report are North America, Western Europe, and Asia Pacific excluding Japan, Eastern Europe,

Middle East & Africa, Latin America and Japan.

Demand for cloud-based deployment is expected to grow over the web-based deployment

during the forecast period. The cloud-based deployment market is expected to register a

significantly high CAGR of 20.1% over the forecast period. The growth is attributed to the

flexibility, scalability and easy deployment of the cloud-based platforms.

Managed Security Services is gaining traction in terms of service types in endpoint security,

SIEM and threat management segment. The growing trend of “Bring Your Own device” which

refer to the policy of permitting employee owned devices and mobile devices in the workplace is

driving the major growth of the segment during the forecast period. Moreover, digital and social

Global Managed Security Services Market 2016-2026


P e r s i s t e n c e M a r k e t R e s e a r c h

innovation, cloud platforms, mobile solutions and Internet of Things are expected to expand the

segment with a high CAGR during the forecast period.

In terms of organization, small & medium enterprise segment is expected to grow at a high

CAGR of 19.2% due to increasing focus towards the compliance and security regulations in

these enterprises.

On the basis of regions, North America is anticipated to be the most attractive region in terms of

value share by 2026. The region is estimated to account for 31.4% value share in 2016 and is

anticipated to continue the dominance in value share over 20162026.The markets in North

America and Western Europe are anticipated to contribute majorly to the global managed

security services market. The market in North America is estimated to be valued at US$ 6,270

Mn by 2016 and is expected to expand at the CAGR of 18.8% during the forecast period. The

market in the Western Europe is expected to be valued at US$ 20.613 Bn by 2026. North

America and Western Europe are the quicker adopters of managed security services. Their

society are more connected and possess high risk from advanced cyber-attacks such as

advanced persistent threats and zero day attacks.

Key market participants covered in the report include IBM Corporation, Symantec Corporation,

Fortinet, Inc., Computer Science Corporation, Accenture PLC, AT&T Inc., Intel Corporation,

Cisco Systems, Inc. Checkpoint Software Technologies Limited, and Trustwave Holdings, Inc.

Browse Complete Report @ http://www.persistencemarketresearch.com/marketresearch/managed-security-services-market.asp

Global Managed Security Services Market 2016-2026


P e r s i s t e n c e M a r k e t R e s e a r c h

About Us:

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a

unique collaboration of data analytics and market research methodology to help businesses

achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary

approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying

real-time data collection, big data, and customer experience analytics, we deliver business

intelligence for organizations of all sizes.

Our offerings include pre-built reports that address every major sale, customized solutions to

cater to client-specific needs, and consulting services to offer more value addition. Our nextgeneration

research approach for exploring emerging technologies has allowed us to solve the

most complex problems of clients. We do not follow a reactive approach, but a pro-active one.

Expert analysts at PMR keep a tab on next-generation technologies in their R&D phase and

provide the latest insights into these technologies when they are being commercialized. Our

ground-breaking approach allows us to deliver market solutions before the technologies reach

the market.

Our client success stories feature a range of clients from Fortune 500 companies to fast-growing

startups. PMR’s collaborative environment is committed to building industry-specific solutions by

transforming data from multiple streams into a strategic asset.

Contact Us:

Persistence Market Research

90 Sate Street, Suite 700 Albany, NY 12207

Tel: +1-518-618-1030

Email: sales@persistencemarketresearch.com

Website: http://www.persistencemarketresearch.com/

media@persistencemarketresearch.com

Stay updated with our official Blog: http://pmrblog.com

Global Managed Security Services Market 2016-2026

More magazines by this user
Similar magazines