Global Managed Security Services Market, Industry Analysis and Forecast to 2025

(IT-NEWSWIRE.COM, October 16, 2018 ) Managed Security Services Market to 2025 - Global Analysis and Forecast by Service Type, Threat Management Type, Deployment Type, Enterprise Size, and Verticals. Mobile crane market is expected to grow to USD 18,030.9 Mn by 2025 from USD 6,004.2 Mn in 2016. The managed security services landscape is growing and evolving with innovative services to efficiently and proficiently secure the IT infrastructure of organization. Increasing cyber threats across industries, digital transformation across industries, and increase in adoption of BYOD are fueling the growth of managed security services market. Present-day security processes demands a balance of device management, event monitoring, and incident response, as well as governance, risk, and compliance functions. Increasing number of cyber-attacks and ever-growing complex risk and compliance requirement have led to the demand for third party specialize security service providers.

Increasing cyber threats across industries, digital transformation across industries, and increase in adoption of BYOD are major drivers behind the growth of managed security services market; forecast to grow at a CAGR of 14.7% during the period 2017 - 2025. ‘Managed Security Services Market is valued at US$ 6,004.2 Mn in 2017 and is estimated to reach US$ 18,030.9 Mn by 2025. The report highlights the trends prevalent in the global managed security services market and the factors driving the market along with those that act as deterrents to its growth.

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Growth for enterprise mobility, adoption of BYOD, and distributed IT environment is fueling the demand for Identity & Access Management solutions and services in various verticals. Moreover, high adoption of cloud services in APAC region demanded more robust and comprehensive compliance management. All these factors are expected to create more demand for managed IAM services in APAC region. MSSPs are looking managed IAM services market in APAC region as the most lucrative opportunity to target during the forecast period. Thus, The Insight Partner’s analysis has estimated managed IAM market in APAC region to grow at a highest CAGR of 24.1% during the forecast period.

Some of the key market players profiled in the report are AT&T Inc., IBM Corporation, CenturyLink, Inc., Trustwave Holdings, Verizon Communications, Symantec Corporation, Dell SecureWorks Inc., Hewlett Packard Enterprise Development LP, NTT Security, and BT Group plc.

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The Managed Security Services Market by geography is segmented into five regions including North America, Europe, Asia Pacific, Middle East & Africa and South America. North America region is expected to account for the largest share of the global managed security services market in 2016, followed by Europe. APAC market is expected to grow with the highest growth rate during the forecast period. Owing to several developing countries in the APAC region coupled with the rapidly increasing demand for digitalization and significant investments and initiatives made by the governments of various economies for secure infrastructure development, the demand for managed security services is expected to increase in the APAC region.

Table of Content:

1 Introduction

2 The Insight Partners Research Report Guidance

3 Key Takeaways

4. Managed Security Services Market Landscape
4.1 Market Overview
4.2 Market Segmentation
4.2.1 Global Managed Security Services Market - By Service Type
4.2.2 Global Managed Security Services Market - By Threat Management Type
4.2.3 Global Managed Security Services Market - By Deployment Type
4.2.4 Global Managed Security Services Market - By Enterprise Size
4.2.5 Global Managed Security Services Market - By Vertical
4.3 PEST Analysis
4.3.1 North America PEST Analysis
4.3.2 Europe PEST Analysis
4.3.3 Asia Pacific PEST Analysis
4.3.4 Middle East & Africa PEST Analysis
4.3.5 South America PEST Analysis

5 Global Managed Security Services Market - Key Industry Dynamics
5.1 Key Market Drivers

The Insight Partners

Sameer Joshi

+1-646-491-9876

sam@theinsightpartners.com

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Global Managed Security Services Market, Industry Analysis and Forecast to 2025