Managed Security Services Market Analysis, Status and Business Outlook 2021- Verizon Communications Inc., IBM Corporation, Broadcom Inc

Managed Security Services Market Research Report provides a detailed evaluation of the business vertical in question, alongside a brief overview of the industry segments. An exceptionally workable estimation of the present industry scenario has been delivered in the study, and the Managed Security Services market size with regards to the revenue and volume have also been mentioned. In general, the research report is a compilation of key data with regards to the competitive landscape of this vertical and the multiple regions where the business has successfully established its position. This research report also provides post COVID-19 impact analysis of the Managed Security Services industry.

The Managed Security Services Market was valued at USD 27.70 billion in 2020 and is expected to reach USD 64.73 billion by 2026, at a CAGR of 15.2% over the forecast period 2021 - 2026.

- There are some threats which are not currently active, but pose a threat to the enterprise. Threat intelligence includes building a strong front gate against the attacker in the entire network chain. It also provides information and context about attack methodologies, such as the tools used to obscure a break in, how an attack hides inside network traffic or evades detection, the kind of data being stolen or malware being planted, and how an attack communicates back to its controller.

- Organizations are putting their reputation at risk by not addressing security awareness. In a Cisco conducted survey of 2000 respondents, 9% said that they do not have any dedicated cybersecurity professionals at their organizations,

Request for Free Sample Report @ (Special Offer: Available Flat 30% Discount for a limited time only)

https://www.marketinsightsreports.com/reports/02082591620/managed-security-services-market-growth-trends-covid-19-impact-and-forecasts-2021-2026/inquiry?Mode=21

Top Leading Companies of Global Managed Security Services Market are Verizon Communications Inc., IBM Corporation, Broadcom Inc. (Symantec Corporation), At&T Inc., Secureworks, Inc., Cisco Systems, Inc., Telefonaktiebolaget LM Ericsson, Trustwave Holdings Inc., Accenture Plc, HP Enterprise Co., Computer Sciences Corporation

Market Research Analysis:

Intrusion Detection and Prevention to Dominate the Market

- An Intrusion Detection and Prevention Software (IDPS) monitors network traffic for signs of a possible attack. When it detects potentially dangerous activity, it takes action to stop the attack. Often this takes the form of dropping malicious packets, blocking network traffic or resetting connections. The IDPS also usually sends an alert to security administrators about the potential malicious activity.

- The two main contributors to the successful deployment and operation of an IDS or IPS are the deployed signatures and the network traffic that flows through it.

- According to Insider Threat 2018 report, most insider exploits are detected through IDPS. This indicates the popularity of IDPS and why majority of the vendors are offering this service.

Competitive Landscape

- January 2019 - New Delhi based security services provider Security and Intelligence Services acquired 60% share in a Singapore company for about INR 350 crore. It also acquired 51% stake in Uniq Detective and Security Services in December 2018. The acquisition helped SIS increase its market share by close to 75% in the Bangalore region, one of the fastest growing markets for security services..

- January 2019 - Verizon Communications closed its acquisition of ProtectWise a Colorado-based company which provides cloud-delivered Network Detection and Response. This acquisition allows Verizon to expand its product offering in Network Detection and Response and bring additional talent to the company.

Read Detailed Index of full Research Study at:

https://www.marketinsightsreports.com/reports/02082591620/managed-security-services-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=21

KEY MARKET BENEFITS FOR STAKEHOLDERS

─The objective of report is to define, segment, and project the market on the basis of product type, application, and region, and to describe the content about the factors influencing market dynamics, policy, economic, technology and market entry etc.

─This report provides an in-depth analysis of the global Managed Security Services market to identify the potential investment pockets.

─It outlines the current trends and future scenarios to determine the Managed Security Services market potential and gain stronger market foothold.

─Key drivers, restraints, and opportunities and their detailed impact analysis are elucidated.

─Quantitative analysis of the Managed Security Services industry from 2015 to 2025 is highlighted to recognize the financial competency of the market.

─Porter’s Five Forces model illustrates the threat of new entrants, threat of substitutes, and strength of the buyers & suppliers.

What the report purchase provides access to:

– Report in PDF format for all License types
– Report in Excel + PDF format for Team and Corporate Licenses
– Free analyst support for 6 months
– Free report update with the Corporate User License
– 15% free customization equal to 60 analyst hours

Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234
Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

This release was published on openPR.