Press release
Managed Security Services Market Anticipated To Grow To US$ 18,030.9 Mn By 2025
The Insight Partners
According to a new market research study titled ‘Managed Security Services Market to 2025 – Global Analysis and Forecasts by Service Type, Threat Management Type, Deployment Type, Enterprise Size, and Verticals’, the global managed security services market is valued at US$ 6,004.2 Mn in 2017 and is estimated to reach US$ 18,030.9 Mn by 2025. The report highlights the trends prevalent in the global managed security services market and the factors driving the market along with those that act as deterrents to its growth.
The managed security services market in APAC region is growing continuously from past 2 years. The demand for managed security services among various verticals will be high during the forecast period. Many western managed security vendors are considering APAC as a high growing revenue pocket. Finance vertical in this region has been the favorite destination for cyber terrorism due to non-robust cybersecurity laws in many countries. In 2016, organizations in this region has seen major cyber-attacks leading to major data breaches.
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The managed security services landscape is growing and evolving with innovative services to efficiently and proficiently secure the IT infrastructure of organization. Factors such as increasing cyber threats across industries, digital transformation across industries, and increase in adoption of BYOD have grown stronger over the years. Present-day security processes demand a balance of device management, event monitoring, and incident response, as well as governance, risk, and compliance functions. Increasing number of cyber-attacks and ever-growing complex risk and compliance requirement have led to the demand for third party specialize security service providers.
The managed security services market is segmented for each region on the basis of Service Type Deployment Type, Enterprise Size, and Verticals. Each vertical is further segmented into service type which includes Threat Management, Vulnerability Management, Log Management, Compliance Management, and SIEM. The different types of threat management services that are covered in this report include Managed Firewall, Managed IDS/IPS, Managed VPN, Managed Anti-Virus and Malware, Managed Gateway Security, Managed IAM, Managed DLP, Others (Managed Web Content Filtering, and Managed Application Control, and Managed Email). The end verticals considered in the managed security services market includes IT and Telecom, Retail, BFSI, Healthcare, Government, Manufacturing, Energy & Utility, Media, and Others. Five major geographical regions considered within the scope of this market are North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America (SAM).
The key players profiled in the report are AT&T Inc., IBM Corporation, Dell SecureWorks Inc., Trustwave Holdings, Verizon Communications, Symantec Corporation, Hewlett Packard Enterprise Development LP, NTT Security, CenturyLink, Inc., and BT Group plc.
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The report segments the managed security services market as follows:
Regional Managed Security Services Market – By Service Type
Threat Management
Vulnerability Management
Log Management
Compliance Management
SIEM
Regional Managed Security Services Market – By Threat Management
Managed Firewall
Managed IDS/IPS
Managed VPN
Managed Anti-Virus and Malware
Managed Gateway Security
Managed IAM
Managed DLP
Others
Regional Managed Security Services Market – By Deployment Type
Hosted MSS
CPE - based MSS
Regional Managed Security Services Market – By Enterprise Size
Large Enterprises
SMEs
Regional Managed Security Services Market – By Vertical
IT and Telecom
Retail
BFSI
Healthcare
Government
Manufacturing
Energy & Utility
Media
Others
Regional Managed Security Services Market – By IT and Telecom Vertical
Threat Management
Vulnerability Management
Log Management
Compliance Management
SIEM
Regional Managed Security Services Market – By Retail Vertical
Threat Management
Vulnerability Management
Log Management
Compliance Management
SIEM
Regional Managed Security Services Market – By BFSI Vertical
Threat Management
Vulnerability Management
Log Management
Compliance Management
SIEM
Regional Managed Security Services Market – By Healthcare Vertical
Threat Management
Vulnerability Management
Log Management
Compliance Management
SIEM
Regional Managed Security Services Market – By Government Vertical
Threat Management
Vulnerability Management
Log Management
Compliance Management
SIEM
Regional Managed Security Services Market – By Manufacturing Vertical
Threat Management
Vulnerability Management
Log Management
Compliance Management
SIEM
Regional Managed Security Services Market – By Energy & Utility Vertical
Threat Management
Vulnerability Management
Log Management
Compliance Management
SIEM
Regional Managed Security Services Market – By Media Vertical
Threat Management
Vulnerability Management
Log Management
Compliance Management
SIEM
Regional Managed Security Services Market – By Other Vertical
Threat Management
Vulnerability Management
Log Management
Compliance Management
SIEM
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About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries.
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