Global Managed Security Services Market Size, Forecasts, And Opportunities – Includes Managed Security Services Market Growth
Learn about the global managed security services market through The Business Research Company, which provides information on managed security services market size, managed security services market drivers and restraints, managed security services market players, the COVID-19 impact on the managed security services market, and more.
The global managed security services market size is expected to grow from $22.18 billion in 2021 to $26.46 billion in 2022 at a compound annual growth rate (CAGR) of 19.3%. The global managed security service market size is expected to grow to $48.22 billion in 2026 at a CAGR of 16.2%.
The rising instances of security breaches are expected to propel the growth of managed security services market going forward.
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The managed security services market consists of sales of managed security services by entities (organization, sole traders, and partnership) that provides services such as continuous monitoring and handling of interference detection systems and firewalls, allows security checks and audits, and emergency response. Managed security services are the services provided by third-party vendors as a proactive security measure, which is simple according to the need and ever-evolving security view of an organization.
Global Managed Security Services Market Segments Include:
By Type: Network Security, Terminal Security, Application Security, Cloud Security
By Deployment Type: On-Premise, Cloud
By Organization Size: Large Enterprises, Small and Medium-Sized Enterprises (SMEs)
By Application: Intrusion Detection and Prevention, Threat Prevention, Distributed Denial of Services, Firewall Management, End-Point Security, Risk Assessment
By End-User: BFSI, Government and Defense, Retail, Manufacturing, Healthcare and Life Sciences, IT and Telecom, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the managed security services market in 2021.
Strategic collaborations have emerged as a key trend gaining popularity in the managed security services market. Major companies operating in the managed security services sector are entering into new collaboration agreements to strengthen their position in the market.
Major Market Players: International Business Machines Corporation, Cisco Systems Inc., Nippon Telegraph and Telephone Corporation, Secureworks Inc., BT Managed Security Solutions, Check Point Software Technologies Ltd., Wipro Limited, Accenture plc, Symantec, DXC Technology Company, Lumen Tech Inc., Nuspire, BAE Systems, Fujitsu, and Intel Corporation.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Managed Security Services Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides managed security services market overviews, analyzes and forecasts market size, share, managed security services market players, managed security services market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s managed security services market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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