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Managed Security Services Market Moving Towards a Glaring Growth Rate And Challenges Evaluated By Global Players 2017 - 2026

Global Managed Security Services Market

Global Managed Security Services Market

As per the report, the global managed security services market is expected to see a robust growth between 2017 and 2026. The global market for managed security services is also estimated to reach more than US$ 100,800 Million revenue by 2026 end.

Based on the application, managed security services are likely to find the largest application in the BFSI sector. By the end of 2026, BFSI is estimated to reach close to US$ 36,300 Million revenue.

By the organization type, compared to the small & medium enterprise, large enterprise is expected to emerge as the largest users of managed security services. By the end of 2026, large enterprise is likely to exceed US$ 65,600 Million revenue.

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Based on the service type, IPS/IDS is likely to witness the highest growth in the global managed security services market. By the end of the forecast period, IPS/IDS is projected to surpass US$ 25,500 Million in terms of revenue.

On the basis of deployment type, web-based deployment is expected to gain the highest traction in the market during 2017-2026. Web-based deployment is estimated to exceed US$ 66,000 Million revenue by 2026 end.

Increasing complexities in network infrastructure and the pressure to comply with stringent regulations are some of the major challenges being faced by data security management. Hence, the companies are outsourcing their security task to the third party service providers such as managed security service providers. Moreover, the need for better cyber solutions, implementation of BYOD and mobility strategies, and data disclosure mandates are some of the factors boosting the growth of the global managed security services market.

The rise in public and private cloud deployment and the increasing investment in IT infrastructure development in the APEJ region, especially in China and India are resulting in untapped opportunities for the providers of managed security services. The companies are also providing self-service and customizable access to incident log data for government agencies and large enterprises for incident response. The demand for analytics platforms to process huge volume of data is also increasing, in order to detect advanced threats including insider threats and customized malware. Governments in various countries are also introducing stringent regulations to secure company’s sensitive information is resulting in the increasing number of companies opting for managed security services.

The report is divided into five segments including deployment type, service type, organization type, application type and region. This segmentation is done provide a clear picture and offer key insights on the global managed security services market. The report analyzes the global market for managed security services on the basis of market value.

The first section in the report provides an overview of the global managed security services market along with the description and taxonomy. Moreover, the pricing models and value chain of managed security services is also provided for outsourcing the managed security services is also included in this section. Trends, opportunities and challenges from the demand and supply perspectives are also given in the report.

Analyses of the overall market including market size, growth rate comparison, and absolute dollar opportunity is also provided in the report.

Get Complete TOC With Tables and Figures @ https://www.researchmoz.us/global-market-study-on-managed-security-services-increased-application-to-be-witnessed-in-the-bfsi-sector-during-2017-2026-report.html/toc

The next section focuses on each segment in the report in terms of value. It also includes sub-segments to get a better understanding of the market. The region-wise analysis is also done on all the key regions including North America, Western Europe, APEJ, Latin America, Eastern Europe, Japan, and MEA.

The report also provides the information on all the leading players in the global managed security services market. The competitive landscape is evaluated on the basis of key parameters including product portfolio, business overview, financial overview, and key development. The report also sheds light on their presence in the regional markets.

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