Managed Security Services Market Size, Share, and Trends Analysis Report Size, Share, Trends, Growth Opportunities and Competitive Outlook 2030
Managed Security Services Market Size, Share, and Trends Analysis Report Size, Share, Trends, Growth Opportunities and Competitive Outlook 2030
Blog Article
"Global Managed Security Services Market – Industry Trends and Forecast to 2030
Global Managed Security Services Market, By Type (Managed Identity and Access Management (IAM), Managed Antivirus/Anti-Malware, Managed Firewall, Managed Risk and Compliance Management, Managed Vulnerability Management, Managed Security Incident and Event Management (SIEM), Managed Intrusion Detection Systems/Intrusion Prevention Systems (IDS/IPS), Managed Unified Threat Management (UTM), Managed Encryption and Others), Deployment Modes (On-Premises and Cloud), Organization Size (Small and Medium-Sized Enterprises (SMEs) and Large Enterprises), Vertical (Banking, Financial Services, and Insurance (BFSI), Government, Retail, Healthcare, IT, Telecom, Utilities, Manufacturing and Others) - Industry Trends and Forecast to 2030.
Data Bridge Market Research analyses that the global managed security services market valued at USD 29,190.62 in 2022 is expected to reach USD 72,068.65 million by 2030, and is expected to undergo a CAGR of 11.96% during the forecast period of 2023 to 2030.
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**Segments**
- **Deployment Type**: The managed security services market can be segmented based on deployment type into cloud-based and on-premises solutions. Cloud-based solutions are gaining popularity due to their scalability, flexibility, and cost-effectiveness. On-premises solutions are preferred by organizations with specific security requirements that necessitate internal control and management.
- **Service Type**: Managed security services can be categorized based on service type into managed IAM (Identity and Access Management), managed antivirus/antimalware, managed firewall, and others. Each service type plays a crucial role in ensuring the overall security posture of an organization. Managed IAM services are vital for controlling user access and ensuring data security, while managed antivirus/antimalware and firewall services protect against various cyber threats.
- **Vertical**: The market for managed security services can also be segmented by vertical, including sectors such as IT and telecom, BFSI (Banking, Financial Services, and Insurance), healthcare, retail, government, and others. Each vertical has specific security challenges and compliance requirements, making tailored managed security services essential for addressing unique industry needs.
**Market Players**
- **IBM Corporation**: IBM is a key player in the managed security services market, offering a range of solutions such as managed detection and response, threat intelligence, and compliance management. With its extensive experience and global footprint, IBM has established itself as a trusted provider of cybersecurity services.
- **Cisco Systems, Inc.**: Cisco is another prominent player in the managed security services market, known for its advanced security technologies and solutions. Cisco's offerings include managed firewall, VPN, and intrusion detection/prevention services, catering to the diverse security needs of organizations worldwide.
- **Symantec Corporation**: Symantec offers comprehensive managed security services, including endpoint protection, email security, and security analytics. The company's expertise in threat detection and incident response makes it a valuable partner for organizations looking to enhance their cybersecurity defenses.
- **Secureworks Inc.**: Secureworks specializes in managed securitySecureworks Inc. is a leading player in the managed security services market, specializing in providing a comprehensive suite of cybersecurity solutions tailored to the unique needs of organizations across various industries. The company's focus on managed security services sets it apart in the market, offering a range of services such as managed detection and response, security analytics, and threat intelligence. Secureworks leverages its expertise in cybersecurity to help organizations proactively detect and respond to security incidents, mitigating risks and strengthening their overall security posture.
One of Secureworks' key strengths lies in its advanced threat detection capabilities, powered by cutting-edge technology and a team of skilled security analysts. By leveraging machine learning and artificial intelligence, Secureworks can identify and respond to evolving threats in real-time, helping organizations stay ahead of cyber attackers. The company's managed detection and response services provide continuous monitoring of IT environments, ensuring rapid threat identification and containment to minimize the impact of security incidents.
In addition to threat detection and response, Secureworks offers a range of managed security services that cater to different aspects of cybersecurity, such as endpoint protection, network security, and security information and event management (SIEM). These services are designed to provide organizations with a holistic approach to cybersecurity, ensuring that all critical areas of their IT infrastructure are adequately protected against cyber threats.
Secureworks' expertise in managed security services is further enhanced by its threat intelligence capabilities, which provide organizations with valuable insights into emerging threats and vulnerabilities. By proactively monitoring the threat landscape and conducting in-depth research, Secureworks equips organizations with the knowledge and tools needed to defend against sophisticated cyber attacks effectively.
Overall, Secureworks Inc. is a trusted partner for organizations seeking robust and reliable managed security services. With its focus on proactive threat detection, advanced technology solutions, and deep cybersecurity expertise, Secureworks helps organizations navigate the evolving threat landscape and safeguard their critical assets from cyber threats.**Global Managed Security Services Market**
- **Type**: The managed security services market is segmented by type, including Managed Identity and Access Management (IAM), Managed Antivirus/Anti-Malware, Managed Firewall, Managed Risk and Compliance Management, Managed Vulnerability Management, Managed Security Incident and Event Management (SIEM), Managed Intrusion Detection Systems/Intrusion Prevention Systems (IDS/IPS), Managed Unified Threat Management (UTM), Managed Encryption, and others. Each type of service addresses specific security needs and plays a significant role in enhancing overall cybersecurity posture.
- **Deployment Modes**: The market for managed security services is divided based on deployment modes into on-premises and cloud-based solutions. Organizations can choose between these deployment options depending on their security requirements, infrastructure capabilities, and preferences. Cloud-based solutions offer scalability and flexibility, while on-premises solutions provide greater control and customization for security management.
- **Organization Size**: Managed security services cater to organizations of various sizes, including Small and Medium-sized Enterprises (SMEs) and Large Enterprises. Both SMEs and large enterprises benefit from outsourcing their security needs to managed service providers, allowing them to access specialized expertise, advanced technologies, and round-the-clock monitoring and support to protect their digital assets effectively.
- **Vertical**: The market for managed security services is segmented by vertical, encompassing industries such as Banking, Financial Services, and Insurance (BFSI), Government, Retail, Healthcare, IT, Telecom, Utilities, Manufacturing, and
Key points covered in the report: -
- The pivotal aspect considered in the global Managed Security Services Market report consists of the major competitors functioning in the global market.
- The report includes profiles of companies with prominent positions in the global market.
- The sales, corporate strategies and technical capabilities of key manufacturers are also mentioned in the report.
- The driving factors for the growth of the global Managed Security Services Market are thoroughly explained along with in-depth descriptions of the industry end users.
- The report also elucidates important application segments of the global market to readers/users.
- This report performs a SWOT analysis of the market. In the final section, the report recalls the sentiments and perspectives of industry-prepared and trained experts.
- The experts also evaluate the export/import policies that might propel the growth of the Global Managed Security Services Market.
- The Global Managed Security Services Market report provides valuable information for policymakers, investors, stakeholders, service providers, producers, suppliers, and organizations operating in the industry and looking to purchase this research document.
TABLE OF CONTENTS
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Pipeline Analysis
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers and Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
Countries Studied:
- North America (Argentina, Brazil, copyright, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
- Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
- Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
- Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)
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