Managed Security Services Market To Witness Trajectory Growth Owing To Rising Instances Of Cyber Attacks On Enterprise IT Infrastructure Till 2022 | Million Insights

November 06 14:05 2018

Million Insights – World’s Fastest Growing Market Research Database
According to new report available with Million Insights, Managed security services (MSS) are employed to monitor and manage the security aspects of their customers IT infrastructure. It is mainly provided by managed security service providers (MSSPs). The factors that propel the growth of the market include growing BYOD trends among administrations, stringent regulations and rising instances of cyber-attacks on enterprise IT infrastructure.

Global Managed Security Services Market is anticipated to witness exponential growth in the forecast period. Managed security services (MSS) are employed to monitor and manage the security aspects of their customers IT infrastructure. It is mainly provided by managed security service providers (MSSPs).

The factors that propel the growth of the market include growing BYOD trends among administrations, stringent regulations and rising instances of cyber-attacks on enterprise IT infrastructure. On the other hand, the key factor that may hamper the growth of the market include lack of supporting IT infrastructure. The market is anticipated to grow at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe. Market may be explored by type, security type, deployment type, vertical, organization size, and geography.

Full Research Report On Global Managed Security Services Market Analysis available at: https://www.millioninsights.com/industry-reports/managed-security-services-market-forecast

Market may be explored by type as Managed Security Information and Event Management (SIEM), Managed antivirus/anti-malware, Managed Identity and Access Management (IAM), Managed risk and compliance management, Managed Intrusion Detection System/ Intrusion Prevention System (IDS/IPS), Managed disaster recovery, Managed vulnerability management, Managed encryption, Managed Firewall, Managed Unified Threat Management (UTM), Managed Distributed Denial of Service (DDoS) mitigation, Managed Data Loss Prevention (DLP), and Others may further include managed application whitelisting, managed patch management and managed web filtering. The “Managed IAM” segment led the market in 2017 and is anticipated to maintain its dominance over forecast period.

Based on security type, the market may be classified as Managed Endpoint Security, Managed Network Security, Managed Cloud Security, Managed Application Security and others may be further explored as managed web security, and managed database security.

The market could be explored based on organization size as Large Enterprises and SMEs. Market may be explored by deployment as Private, and Public. The “private” segment dominated the market in 2016 and is anticipated to maintain its dominance over forecast period owing to benefits like exceptional access control and increased data security.

Request for Free Sample Copy at: https://www.millioninsights.com/industry-reports/managed-security-services-market-forecast/request-sample

Managed Security Services Market may be explored by vertical as Government (Federal, State & Local) & Education, Telecom & ITES, Retail & Consumer, BFSI, Manufacturing & Automotive, Healthcare, and Others (Transportation, Media, Food & Beverages, Real Estate, and Oil & Gas). The “BFSI” segment dominated the market in 2016 and is anticipated to maintain its dominance over forecast period owing to reduction in risks, improved regulatory compliance, and improved focus on core competencies and customer relations.

North America accounted for the major share of the Managed Security Services Market Size in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth included increasing presence of technology giants such as Google, IBM, Verizon Communications and Cisco Systems, and increasing initiatives on the part of the government for the acceptance of Managed Security Services. North America is likely to be followed by Europe and Asia-Pacific and anticipated to be the highest growing regions over the forthcoming period, due to the increasing adoption of Managed Security Services by the medium and small-sized enterprises.

Some of the key players that fuel the growth of the Managed Security Services Market comprise IBM Corporation, Verizon Communications, At & T, Symantec Corporation, Deloitte, Dell SecureWorks Inc., Ericsson, Cisco Systems Inc., Accenture PLC, Trustwave Holdings Inc., Computer Sciences Corporation and HP Enterprise. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

Related Reports of this Category available at Million Insights: https://www.millioninsights.com/industry/computing-and-technology

Market Segment:

The market is divided into the following segments based on geography:

• Americas

• APAC

• EMEA

Global Managed Security Services Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

• Cisco

• Fortinet

• HPE

• IBM

• Symantec

About Million Insights
Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive market place that will enable you to compare data points, before you make a purchase. Enabling informed buying is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store, includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.

For More Information: www.millioninsights.com

Media Contact
Company Name: Million Insights
Contact Person: Ryan Manuel
Email: Send Email
Phone: 91-20-65300184
Address:Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar
City: Pune
State: Maharashtra
Country: India
Website: www.millioninsights.com/industry-reports/managed-security-services-market-forecast