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Managed Security Services Market Size & Share, by Solution Type (Identity & Access Management, Firewall Management, Intrusion Detection & Prevention); Security Type (Network, Cloud, Endpoint, Application); Deployment Mode (On-premises, Cloud); Organization (Small & Medium-sized Enterprises, Large Enterprises); End-user (BFSI, IT & Telecommunications, Government & Defense) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 4130
  • Published Date: Apr 12, 2023
  • Report Format: PDF, PPT

Companies Dominating the Managed Security Services Landscape

top-features-companies
    • IBM
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • SecureWorks, Inc.
    • Verizon
    • Trustwave Holdings, Inc.
    • Broadcom Inc.
    • AT&T Inc.
    • BAE Systems
    • CIPHER
    • Accenture
    • NTT Limited
    • Field Effect Software Inc.
Browse Key Market Insights with Data Illustration:

In the News

  • Field Effect Software Inc., a global cyber security company specializing in providing intelligence-grade protection for SMEs, announced a new partnership with UK-based IT security reseller and managed service provider, RS22, to enable best-in-class cyber security protection for businesses to defend and stay ahead of disrupting cyberattacks.

  • To help organizations create a unified security approach and manage their hybrid cloud security strategy, IBM announced new and enhanced services that bring together cloud-native, IBM, and third-party resources.

 

 


Author Credits:  Abhishek Verma, Hetal Singh


  • Report ID: 4130
  • Published Date: Apr 12, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing internet penetration, security breaches, sophisticated cyberattacks, growing trends of BYOD, and safe and reliable benefits provided by managed security services are the major factors driving the market growth of the global managed security services market.

The market size of managed security services is anticipated to attain a CAGR of ~14% over the forecast period, i.e., 2023-2035.

Lack of capital resources and skilled IT professionals to handle challenging situations, and reluctance and trust issues on third-party applications to share sensitive data are estimated to be the growth hindering factors for the market expansion.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are IBM, SecureWorks, Inc., Verizon, Trustwave Holdings, Inc., Broadcom Inc., AT&T Inc., BAE Systems, CIPHER, Accenture, NTT Limited, Field Effect Software Inc., and other key players.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by solution type, security type, deployment mode, enterprise size, end-user, and by region.

The intrusion detection & prevention segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
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