Managed Security Service Market - Competitive Developments, Leading Players and Their Core Competencies

Market Highlights:

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.

Request a Sample Report @ https://www.futuregenicreports.com/Request-Sample/100045

Market Outlook:

Stringent regulations on data security and the protection of citizens’ information are driving the banking, finance, and insurance industry to opt for managed security services. BFSI is adopting managed security services on a large scale as these sectors manage sensitive data and any harm to this data can result in the huge loss. Increasing incidence of cyber-attack in recent years is driving the change in BFSI sector and also making it necessary to enhance security measures. BFSI industry is largely focusing on unified threat management, identify and access management, disaster recovery, IPS/IDS software to protect it from a possible threat. Increasing use of smartphones, and growth in BYOD and cloud, especially in the banking sector is driving the demand for managed security services.

Top Industry Players:

This report studies the global Managed Security Service market, analyzes and researches the Managed Security Service development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like: IBM, HPE, Verizon Communications, AT&T, Symantec, Rapid7, Centurylink, Computer Sciences, Trustwave Holdings, Solutionary.

Request Discount on this repots @ https://www.futuregenicreports.com/Request-Discount/100045

Market Segments

Market segment by Regions/Countries, this report covers
• United States
• EU
• Japan
• China
• India
• Southeast Asia

Market segment by Type, Managed Security Service can be split into
• On-premises
• Hybrid
• Cloud-based

Market segment by Application, Managed Security Service can be split into
• Small Business
• Medium-sized Business
• Large Business

Browse Report @ https://www.futuregenicreports.com/Reports/Managed-Security-Service-Market

About Future Genic Reports

Future Generic Reports is a market research and consulting organization, offering premium collection of market research reports, custom research and consulting services to corporations, no-profit organizations and government institutions across the globe.
The wide range of information is presented by a team of well-trained researchers of specific sectors through exhaustive research. We deliver premier market research services that cover all industry verticals, including chemicals and material, automotive, healthcare, electronics & semiconductor, food and beverage, pharmaceuticals and technology and media.
We believe in building an eternal bond with our clients through offering them inclusive research study meeting their specific requirements. Our services are tailored specifically to our clients by proposing them the potential outcome, based on our in-depth analysis and insights for exploring the growth strategies through providing the best possible decision for quality production.

Contact us:

Future Generic Reports
244 , Madison Avenue
New York City, NY - 10016
United States
Toll Free +1- 844-445-2861
Email: sales@futuregenicreports.com

This release was published on openPR.