Managed Security Services Market - Detailed Analysis of Current and Future Industry Figures till 2025 | AT&T, IBM, Secureworks, Trustwave, Verizon, Symantec, Hewlett Packard, CenturyLink, NTT Corporation, British Telecommunications

Global Managed Security Services Industry detailed study that helps to provide answers and relevant questions with respect to the Emerging Trends and Growth Opportunities. It helps identify each of the prominent hurdle to Growth, apart from identifying the trends of Managed Security Services market.

Managed Security Services market is witnessing high year-on-year growth due to various factors such as the increasing number of cyber-attacks and growing adoption of connected devices. Adoptions of managed security services are also expected to accelerate owing to, lack of skilled IT in-house professionals and increasing technical complexity. Moreover, continuous advancements in the managed security services offerings are expected to drive further the managed security services market resulting in overall growth of managed security services revenue share.

The global Managed Security Services market accounted for US$ 16,857.0 Mn in 2016 and is expected to grow at a CAGR of 16.9% during the forecast period 2017 – 2025, to account for US$ 61,855.5 Mn in 2025.

Cyber-attacks are on the rise in both enterprises and government sector around the globe. The Insight Partner’s analysis reported the number of security incidents across all industries rose by 40% in 2016 from 2015. Ever-increasing threats and evolving industry and government regulations are forcing organizations to invest heavily in security infrastructure. Organizations are becoming increasingly alert to cyber threats. Cyber security has become a major issue across industries; it will only grow more urgent as the online world becomes a central and underlying component of the physical world. In the last few years, cyber-attacks have affected the ease of doing businesses across many industries including BFSI, healthcare, media & entertainment, and governments.

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The reports cover key developments in the Managed Security Services market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from Managed Security Services market are anticipated to lucrative growth opportunities in the future with the rising demand for Managed Security Services market in the global market.

Key Players Influencing the Market

• AT&T, Inc.
• IBM Corporation
• Secureworks, Inc.
• Trustwave Holdings, Inc.
• Verizon Communications, Inc.
• Symantec Corporation
• Hewlett Packard Enterprise Co.
• CenturyLink
• NTT Corporation
• British Telecommunications

The “Global Managed Security Services Market Analysis to 2025” is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of Managed Security Services market with detailed market segmentation by component, deployment type, industry vertical, and geography. The global Managed Security Services market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Managed Security Services market players and offers key trends and opportunities in the market.

Besides this, the report analyzes factors affecting Managed Security Services market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions considered in the Global Managed Security Services Market report.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Managed Security Services market based on the type and application. It also provides market size and forecast till 2025 for overall Managed Security Services market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

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Answers that the report acknowledges:

• Market size and growth rate during forecast period.
• Key factors driving the Managed Security Services Market.
• Key market trends cracking up the growth of the Managed Security Services Market.
• Challenges to market growth.
• Key vendors of Managed Security Services Market.
• Detailed SWOT analysis.
• Opportunities and threats faces by the existing vendors in Global Managed Security Services Market.
• Trending factors influencing the market in the geographical regions.
• Strategic initiatives focusing the leading vendors.
• PEST analysis of the market in the five major regions.

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This release was published on openPR.