Managed Security Services Market Size, Top Countries Data, Growth Opportunities, Definition, Emerging Technologies, Trends, SWOT Analysis, Segments, Landscape and Demand by Forecast to 2030

In a recent published report, Kenneth Research has updated the market report for Managed Security Services Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Managed Security Services Market products.

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Moreover, the median health expenditure per capita recorded in the high-income, upper-middle income, and low & lower-middle income countries, recorded to be over USD 2,000, USD 400, and USD 100 respectively. Additionally, in the same year, the spending on health in high-income countries and in the low- and middle-income countries comprised approximately 8.2% and 6.3% of the GDP respectively.

“Final Report will add the analysis of the impact of COVID-19 on this industry.”

Global Managed Security Services Market is estimated to reach $66.5 billion by 2025; growing at a CAGR of 17.2% from 2017 to 2025. Managed security services are used for the remote monitoring as well as managing IT security functions by the service providers so as to efficiently guard the delicate data of organizations. Today, complexity of information security has increased with the growing business by size & structure as well as growing use of cloud services, social media, big data along with various computing devices. Organizations around the globe need effective managed security services to tackle with increasing security attacks & malicious practices by many cybercriminal groups. Managed security services are highly accepted by various verticals, like banking financial services and insurance, healthcare, manufacturing, retail, IT & telecom, and other verticals owing to the improved digital transformation by the enterprises in these verticals. This is likely to uplift the growth of the global managed security services market around the globe over the forecast period.

Growing number of cyber-crime activities, mounting BYOD trend among organizations, strict government rules & regulations, and increase in electronic data are the factors driving the growth of the managed security services market. However, absence of trust on third-party applications to share delicate data may hinder the growth of the market. Moreover, increasing demand for integrated & next-generation security solutions & services might provide with several growth opportunities in the forecasted years.

The global managed security services market is segmented on the basis of deployment mode, application, organization size, verticals, and geography. The managed security services market is segmented by deployment mode as hosted and cloud based managed security services, and on-premise or customer premise equipment (CPE). Further, the market is segmented by application as (IPS) and (IDS), distributed denial of services (DDoS), unified threat management, secured information and event management (SIEM), firewall management, endpoint security, and other applications. By organization size, the segmentations include small and medium sized businesses, and large businesses. By verticals, the market is classified into banking financial services and insurance, healthcare, manufacturing, retail, telecom & IT, and other verticals.

Based on geography, global managed security services market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is further bifurcated into U.S., Canada, and Mexico whereas Europe segment consist of UK, Russia, Germany, France, Italy, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-Pacific while RoW is bifurcated into South America, Middle East, and Africa.

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The key market players include Symantec Corporation, Check Point Software Technologies Ltd., IBM Corporation, Hewlett-Packard Company, Cisco Systems, Inc., AT&T Inc., DXC Technology Company, Fortinet Inc., BT Group plc., and SecureWorks, Inc., among others.

The key takeaways from the report
The report will provide detailed analysis of Global Managed Security Services Market with respect to major segments such as deployment mode, application, organization size, and verticals

The report will include the qualitative and quantitative analysis with market estimation over 2016 – 2025 and compound annual growth rate (CAGR) between 2017 and 2025

Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
An exhaustive regional analysis of Global Managed Security Services Market has been included in the report

Profile of the key players in the Global Managed Security Services Market will be provided, which include key financials, product & services, new developments and business strategies
Scope of the Global Managed Security Services Market
Deployment Mode Segments

Hosted and Cloud Based Managed Security Services
On-Premise or Customer Premise Equipment (CPE)
Application Segments

(IPS) and (IDS)
Distributed Denial of Services (DDoS)
Unified Threat Management
Secured Information and Event Management (SIEM)
Firewall Management
Endpoint Security
Other Applications
Organization Size Segments

Small and Medium Sized Businesses
Large Businesses
Vertical Segments

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Banking Financial Services and Insurance
Telecom & IT
Other Verticals
Geographical Segments

North America
Rest of Europe
South Korea
Rest of Asia-Pacific
South America
Middle East

Table of Contents
Chapter 1 Prefix
1.1 Market Scope
1.2 Report Description
1.3 Research Methodology
1.3.1 Primary Research
1.3.2 Secondary Research
1.3.3 In-house Data Modeling
Chapter 2 Executive Summary
2.1 Global Managed Security Services Market Year-on-Year Growth, 2017 – 2025 (%)
Chapter 3 Market Outline
3.1 Market Inclination, Trend, Outlook and Viewpoint
3.2 Market Share Analysis: Company’s Competitive Scenario
3.3 Market Dynamics
3.3.1 Drivers Impact Analysis
3.3.2 Restraints Impact Analysis
3.3.3 Opportunities

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