The managed security services market accounted for US$16,857.0 million in 2016 and is expected to grow at a CAGR of 16.9% during theforecast period of 2017–2025 to account for US$ 61,855.5 million by 2025.
Managed security services have shown to be effective inprotecting business internet assets, password files, crucial e-mails, andnetworks. As a result, managed security services are gaining popularity amongbusinesses of all sizes as they raise their network security spending.Furthermore, clients are increasingly inclined toward securing their data withthe help of service providers’ trustworthy, effective, and cost-effectivemanaged security solutions. Managed security service market players providecustomer/client firms with low-cost, trustworthy, and effective securitysolutions to protect their sensitive data.
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The growing use of public and private clouds and increasedinvestment in IT infrastructure development in the APEJ region, particularly inChina and India, are creating new possibilities for managed security serviceproviders. The organizations also provide self-service and configurable accessto incident log data for government agencies and major corporations forincident response. The demand for analytics platforms that can analyze largeamounts of data is growing to identify sophisticated threats such as insiderthreats and tailored malware. As governments in many nations implement stricterrequirements to protect firms’ sensitive information, many businesses choosemanaged security services. Thus, with support from respective governments, themanaged security services market is growing across countries.
The study conducts SWOT analysis to evaluate strengths andweaknesses of the key players in the Managed Security Services market. Further,the report conducts an intricate examination of drivers and restraintsoperating in the market. The report also evaluates the trends observed in theparent market, along with the macro-economic indicators, prevailing factors,and market appeal according to different segments. The report also predicts theinfluence of different industry aspects on the Managed Security Services marketsegments and regions.
Scope of the Report
The research on the Managed Security Services market focuseson mining out valuable data on investment pockets, growth opportunities, andmajor market vendors to help clients understand their competitor’smethodologies. The research also segments the Managed Security Services market on the basis of end user, product type, application, and demography for the forecast period 2017-2025. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help ofvital resources, such as charts, tables, and infographics.
The research report provides deep insights into the globalmarket revenue, parent market trends, macro-economic indicators, and governingfactors, along with market attractiveness per market segment. The reportprovides an overview of the growth rate of the Managed Security Services marketduring the forecast period, i.e., 2017-2025. Most importantly, the reportfurther identifies the qualitative impact of various market factors on marketsegments and geographies. The research segments the market on the basis ofproduct type, application, technology, and region. To offer more clarityregarding the industry, the report takes a closer look at the current status ofvarious factors including but not limited to supply chain management, nichemarkets, distribution channel, trade, supply, and demand and productioncapability across different countries.
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Major highlights of the report:
All-inclusive evaluation of the parent market
Evolution of significant market aspects
Industry-wide investigation of market segments
Assessment of market value and volume in past, present, andforecast years
Evaluation of market share
Study of niche industrial sectors
Tactical approaches of market leaders
Lucrative strategies to help companies strengthen theirposition in the market
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