Managed Security Service Provider Market Driven By BFSI, Government & Defense, Telecom & IT Sector

The Managed Security Service Provider Market is expected to have a highly positive outlook for the next five years 2018-2026 according to a recently released. The study covers market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis.

Managed security service refers to network security services, which offers remote monitoring, management of IT security functions, intrusion detection, scanning & anti-viral services, and among others. Managed Security Services (MSS) are provided by the managed security service providers (MSSP), which aid client organizations including small and medium sized enterprises (SMEs) and large enterprises such as IBM Corporation, Integralis Inc., and AT&T, in management of security of their networks.

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Increasing number of cyber threats has led to adoption of managed security services by enterprises in various sectors such as BFSI, IT and telecommunication, and government, which is expected to aid in the market growth of managed security service providers. Managed security service providers are majorly focusing on balancing device management, incident response, risk, and compliance functions. Additionally, companies are providing customized services including language support and data sovereignty. Moreover, the providers are adopting network behavioral analysis and predictive analysis to detect threats and events likely to place in the future systems and networks.

Research Expert in Managed Security Service Provider has announced new analysis on Managed Security Service Provider Market Status 2018-2026 which has been prepared based on an in-depth market analysis with inputs from industry experts and top vendors in the business. The report covers the market landscape and its development prospects over the coming years. The report also contains a discussion of the key vendors operating in this market.

If you are involved in the Global Managed Security Service Provider Market or intend to be, then this study will provide you comprehensive outlook. It’s vital you keep your market knowledge up to date segmented by major players. If you have a different set of players/manufacturers according to geography or needs regional or country segmented reports we can provide customization according to your requirement.

Consumers are increasing focusing on using bank applications through several platforms. Therefore, this makes the services highly susceptible to attacks. Demand for security is high, in order to avoid data breach. Moreover, cyber-attacks in the banking sector are also increasing. For instance, in 2014, the cyber-attack on the European Central Bank (ECB), which included breaching of sensitive personal information such as email addresses and the contact data. Therefore, data security and protection of sensitive information are the major factors driving growth of the BFSI industry.

Asia Pacific is expected to exhibit the highest growth, during the forecast period. India, China, and Japan are the major growth engines in the market of Asia Pacific. This is owing to increasing number of enterprises such as Innospec Chemical Co. Ltd. and Gramin Health Care, in the region. For instance, according to the Coherent Market Insights’ analysis, in India from 2013 to 2014, 58.5 million of new enterprise establishments were recorded. Therefore, increasing number of enterprises will demand for security services, thus propelling growth of the managed security service provider market.

The key vendors that offer managed security services across the globe are IBM Corporation, Hewlett Packard Enterprise Company, Verizon Communications, Inc., AT&T, Inc., Symantec Corporation, Fortinet, Inc., Solutionary, Inc., SecureWorks, Inc., Computer Services Corporation, CenturyLink, Inc., Trustwave Holdings, Inc., and Rapid7, Inc.

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Points cover in Global Managed Security Service Provider Market Research Report:
Chapter 1: Overview of Global Managed Security Service Provider Market (2018-2026)
• Definition
• Specifications
• Classification
• Applications
• Regions

Chapter 2: Market Competition by Players/Suppliers 2018 and 2026
• Manufacturing Cost Structure
• Raw Material and Suppliers
• Manufacturing Process
• Industry Chain Structure

Chapter 3: Sales (Volume) and Revenue (Value) by Region (2018-2026)
• Sales
• Revenue and market share

Chapter 4, 5 and 6: Global Managed Security Service Provider Market by Type, Application & Players/Suppliers Profiles (2018-2026)
• Market Share by Type & Application
• Growth Rate by Type & Application
• Drivers and Opportunities
• Company Basic Information

Chapter 7, 8 and 9: Global Managed Security Service Provider Manufacturing Cost, Sourcing & Marketing Strategy Analysis
• Key Raw Materials Analysis
• Upstream Raw Materials Sourcing
• Marketing Channel

Chapter 10 and 11: Managed Security Service Provider Market Effect Factors Analysis and Market Size (Value and Volume) Forecast (2018-2026)
• Technology Progress/Risk
• Sales Volume, Revenue Forecast (by Type, Application & Region)

Chapter 12, 13, 14 and 15: Global Managed Security Service Provider Market Research Findings and Conclusion, appendix and data source
• Methodology/Research Approach
• Data Source (Secondary Sources & Primary Sources)
• Market Size Estimation

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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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