Managed Security Services Market to Surge: Valued at $32.09 Billion in 2023, Projected to Reach $75.49 Billion by 2030 with a 13.0% CAGR

Anticipated Growth in Revenue:

Managed Security Services Market: size was valued at USD 32.09 Billion in 2023 and the total Market revenue is expected to grow at 13.0% through 2024 to 2030, reaching nearly USD 75.49 Billion.

Managed Security Services Market Overview:

The global Managed Security Services Market reaches a substantially large market size in 2030 and registers a high CAGR over the forecast period. Industry analysis indicates that increasing demand for Managed Security Services Market among end-users, such as BFSI, IT, and telecom, is driven by changing market trends, which support industry growth as well as Managed Security Services Market growth during the forecast period. Managed security services are proactive security measures offered by third-party vendors. These services are tailored to the need and security requirements of an organization. Managed Security Services Market includes continuous monitoring, analysis, and assessment of networks (cloud-based or on-premises) and applications. Ongoing advancements in the IT sector are creating issues related to security. Organizations are taking collaborative R&D initiatives and forming partnerships to develop effective managed security services for quickly evolving IT technologies.

𝐔𝐧𝐥𝐨𝐜𝐤 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬: 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐨𝐟 𝐎𝐮𝐫 𝐋𝐚𝐭𝐞𝐬𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰:https://www.stellarmr.com/report/Managed-Security-Services-Market/1391

What are Managed Security Services Market Dynamics?

Growing adoption of MSS due to multilayered expertise, cost-effective approach, and service Organizations across industries are adopting Managed Security Services Market because they offer several benefits, such as round-the-clock monitoring and management of intrusion detection systems and firewalls, overseeing patch management and upgrades, performing security assessments and security audits, and responding to emergencies. MSSPs have experience, expertise, and an extensive set of tools and technology that monitor security threats, update systems, and mitigate vulnerabilities at an affordable cost. It helps in maintaining the right security layers, which include software patching, DNS security, firewalls, anti-malware, anti-phishing software, credential managers, lAM tools, and more to protect the organization's confidential information. MSSPs monitor the assets and network using many dedicated tools such as Al to identify anomalies and avoid unplanned disruptions. Limited capabilities to provide threat-hunting and incident response services. Many MSSPs only provide security log monitoring services, which does not allow MSSPs to provide a deeper level of security incident investigations.

𝐍𝐞𝐞𝐝 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧? 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐀𝐛𝐨𝐮𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 + 𝐆𝐫𝐚𝐩𝐡𝐬 𝐇𝐞𝐫𝐞:https://www.stellarmr.com/report/req_sample/Managed-Security-Services-Market/1391

What is Managed Security Services Market Regional Insight?

Growing demand for robust and cost-effective security services to monitor security events With the evolution of the overall information technology landscape with factors such as increased dig laicization, cyberattacks are also taking place at an increasing Tato, with an increased level of sophistication information and data security entail the protection of both private and public sectors from professional cybercriminals and sophisticated cyber threats. Cybercriminals use multilayered cyberattacks to monitor the intelligence and commercial aspects of borrowers, enterprises, and even nations, organizations are looking for robust security services that enable them to both reduce costs and improve the safety of their facilities. Standalone security solutions are not capable of handling such types of unified threats. The cost of withStiantaton and mot one of the vocal services is a whole dilettant aspect. The need for robust and cost-effective security services to monitor and Managed Security Services Market events on a basis is growing, which, in turn, might lead to the growth of the overall Managed Security Services Market

What is Managed Security Services Market Segmentation?

By Industry Verticals

BFSI

Healthcare

By Application

Event management

Firewall management



𝐅𝐑𝐄𝐄 𝐆𝐞𝐭 𝐚 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰! https://www.stellarmr.com/report/req_sample/Managed-Security-Services-Market/1391

Some of the current players in the Managed Security Services Market are:

IBM (US)
AT&T (US)
NTT (Japan)
DXC Technology (US)
SecureWorks (US)
Trustwave (US).
Atos (France)
Orange Cyberdefense (France)
Fujitsu (Japan)
Kudelski Security (Switzerland)
Proficio (US).
CrowdStrike (US)
F5 (US)
HelpSystems (US)
Capgemini (France)

Key Offerings:

Past Market Size and Competitive Landscape
Managed Security Services Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Managed Security Services Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

Explore our top-performing reports on the latest trends:

Banking-as-a-Service (BaaS) Market https://www.stellarmr.com/report/Banking-as-a-Service--BaaS--Market/121

Medicated Skin Care Products Market https://www.stellarmr.com/report/Medicated-Skin-Care-Products-Market/1093

Pre-Engineered Buildings Market https://www.stellarmr.com/report/Pre-Engineered-Buildings-Market/1048

Programming Logic Controller (PLC) Market https://www.stellarmr.com/report/Programming-Logic-Controller-Market/1049

Contact Stellar Market Research:
S.no.8, h.no. 4-8 Pl.7/4 Kothrud
Pinnac Memories Fl. No. 3
Kothrud, Pune, Maharashtra, 411029
sales@stellarmr.com
+91 9607365656

About Stellar Market Research
Established in 2018, Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. The company's vision is to be an integral part of the client's business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.

This release was published on openPR.