Global Managed Security Services Market Size, Growth, Industry Trends | Emergen Research


The global Managed Security Services (MSS) market size is expected to reach USD 88.75 Billion in 2032 and register a steady revenue CAGR of 12.3%during the forecast period, according to latest analysis by Emergen Research.

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The new report titled ‘Global Managed Security Services Market,’ published by Emergen Research, is a vivid presentation of the global Managed Security Services market, with utmost focus on the forecast market size, share, value, and volume over the projected timeline. The report throws light on the current economic landscape of this business vertical and evaluates the top market trends. It has been compiled through significant primary research, including surveys, interviews, and expert analysts’ observations. It features insightful qualitative and quantitative assessments of the Managed Security Services industry, gathering industry-verified data from the value chain analysis. The report, additionally, examines the prevailing trends in the market, along with the macro- and micro-economic indicators. The report delivers a deep understanding of the key aspects of the Managed Security Services market, for instance, import and export dynamics, production and consumption rates, and consumer bases across the major market regions.

The managed security services market is a crucial segment within the cybersecurity industry, focusing on the provision of outsourced monitoring and management of security systems and devices. Managed security services providers (MSSPs) offer a range of services, including intrusion detection, security event management, vulnerability scanning, and compliance management, among others. As the threat landscape continues to evolve and cyberattacks become more sophisticated, the demand for managed security services is expected to grow significantly in the coming years.

One of the primary drivers of the managed security services market is the increasing prevalence of cyberattacks and data breaches across various industries. The growing reliance on digital technologies and the expanding volume of sensitive data being stored and transmitted online have made organizations more vulnerable to cyber threats. This has led to a surge in demand for effective security solutions, which in turn has fueled the growth of the managed security services market. Additionally, the increasing complexity of cyber threats and the shortage of skilled cybersecurity professionals are also contributing to the expansion of this market.

However, the managed security services market also faces several challenges. One of the primary concerns is the potential loss of control over security processes and data when outsourcing security management to third-party providers. Furthermore, the integration of managed security services with existing security infrastructure can be complex and may require significant investments in time and resources. Despite these challenges, the market is expected to witness significant growth in the coming years, driven by the increasing demand for advanced security solutions and the growing awareness of the importance of cybersecurity.

In terms of growth factors, the managed security services market is expected to benefit from the ongoing digital transformation across various industries. The increasing adoption of cloud computing, the Internet of Things (IoT), and artificial intelligence (AI) is expected to create new security challenges, thereby driving the demand for managed security services. Moreover, the growing focus on regulatory compliance and the implementation of stringent data protection laws are also anticipated to contribute to the market's expansion.

The global Managed Security Services (MSS) market size is expected to reach USD 88.75 Billion in 2032 and register a steady revenue CAGR of 12.3%during the forecast period, according to latest analysis by Emergen Research. This growth can be attributed to the rising prevalence of cyberattacks, the increasing complexity of the threat landscape, and the growing demand for advanced security solutions.

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This report is the latest document discussing the current economic situation gravely impacted by the COVID-19 outbreak in detail. The global health emergency has led to massive changes in the global economy and the Managed Security Services business sphere. The current scenario of this ever-evolving business vertical has been clearly depicted in the report, which contains a broad analysis of the pandemic’s present and future effects.

Competitive Outlook:

The latest research report is inclusive of a precise summary of the intensely competitive landscape of the global Managed Security Services market. It offers a systematic presentation of the company profiles of the leading market players. This section of the report analyzes the effective initiatives undertaken by these players for business expansion in the long run. In addition, this section highlights the key developments and financial positions of these companies to explain the overall market scenario. The company profiles of the established and new players have been assessed using certain effective analytical tools, such as Porter’s Five Forces analysis and SWOT analysis.

Leading companies operating across the global Managed Security Services market:

IBM, ATT Intellectual Propert, NTT Corporation, Accenture, DXC Technology Company, Securework, Inc., Trustwave Holdings, Inc., Atos SE, Orange Cyberdefense, and Fujitsu 

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The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.

Managed Security Services Market Segmentation:

  • Service Type Outlook (Revenue, USD Billion; 2019–2032)

    • Managed Identity Access Management (IAM)
    • Managed Vulnerability Management
    • Managed Risk and Compliance
    • Managed Detection and Response
    • Managed Firewall
    • Managed Security Information and Event Management (SIEM) and Log Management
    • Others
  • Type Outlook (Revenue, USD Billion; 2019–2032)

    • Fully Managed Security Services
    • Co-Managed Security Services
  • Security Type Outlook (Revenue, USD Billion; 2019–2032)

    • Network Security
    • Cloud Security
    • Endpoint Security
    • Application Security

Report Highlights:

  • Besides offering a vivid depiction of the global Managed Security Services business sphere and its fundamental operations, the latest report provides the industrial chain analysis and list down the current and future market trends and growth opportunities.
  • The report scrutinizes the salient factors influencing the growth of the market in the near future.
  • The strategic marketing recommendations, crucial information related to the new market entrants, and expansion plans of various businesses are poised to provide the reader with a competitive edge in the market.

Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East Africa.

Regional Analysis of the Managed Security Services Market Includes:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Features of the Managed Security Services Market Report:

  • The report offers details about key drivers, restraints, opportunities, challenges, growth prospects, limitations, and threats
  • The report encompasses details about the key companies, product portfolio along with specifications, production valuation, and market shares
  • Evaluation of key current and emerging market trends and growth prospects
  • It also offers research-backed estimations for the forecast period of eight years, primarily to estimate the potential market growth
  • Brief overview of industry with regards to research and development, technological advancements, and product development
  • In-depth assessment of upstream raw materials, downstream buyers, demands, and current market scenario

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ToC of the Report:

Chapter 1: Market overview and scope

Chapter 2: Market outlook

Chapter 3: Impact analysis of COVID-19 pandemic

Chapter 4: Competitive Landscape

Chapter 5: Drivers, Constraints, Opportunities, Limitations

Chapter 6: Key manufacturers of the industry

Chapter 7: Regional analysis

Chapter 8: Market segmentation based on type applications

Chapter 9: Current and Future Trends

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