Global Managed Security Services Market Size worth $49.6 billion by 2027, growing at a CAGR of 12.3%: Report by MarketsandMarkets™
Chicago, Feb. 09, 2023 (GLOBE NEWSWIRE) -- The global Managed Security Services Market size is expected to grow from an estimated value of USD 27.7 billion in 2022 to 49.6 billion USD by 2027, at a Compound Annual Growth Rate (CAGR) of 12.3% from 2022 to 2027, according to a new report by MarketsandMarkets™.
Browse in-depth TOC on "Managed Security Services Market”
406 - Tables
54 - Figures
347 - Pages
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=5918403
Scope of the Report:
Revenue Forecast Size Value in 2027
US$ 49.6 billion
Market Value in 2022
US$ 27.7 billion
12.3% from 2022-2027
Growing adoption of Managed Security Services due to multi-layered expertise, cost-effective approach and 24*7 service
key Market Opportunities
Growing demand for robust and cost-effective security services to monitor security events
Market size available for years
Base year considered
Service Type, Type, Security Type, Organization Size, Vertical, and Region
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America
Major Vendors covered
IBM (US), AT&T (US), NTT (Japan), Accenture (Ireland), DXC Technology (US), SecureWorks (US), Trustwave (US), Atos (France), Orange Cyberdefense (France), Fujitsu (Japan), Kudelski Security (Switzerland), Proficio (US), CrowdStrike (US), F5 (US), HelpSystems (US), Capgemini (France), Infosys (India), Lumen Technologies (US), Kroll (US), Cipher Security (US), RSI Security (US), SecurityHQ (UAE), TrustNet (US), LightEdge (US), VirtualArmour (US), Lynx Technology (US), Nettitude (US), Nokia Networks (Europe), Teceze (US), Cyflare (US), Ascend Technologies (US), Avertium (US), and DigitalXRAID (US)
Request Sample Copy @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=5918403
Trend: AI and ML in Managed Security Services
Artificial intelligence is a branch of computer science that deals with building machines that can perform tasks such as problem-solving, reasoning, and analysis related to human intelligence. It has transformed the way data is interpreted and analysed. AI collects information from various resources and enables the management to derive results from the collated data. AI can assist managed service providers with automated solutions to business requests. It can also help clients in deciding the best fit for their organization.
Machine learning is a branch of artificial intelligence. It supports businesses by extracting insights from raw data and solving complex business problems. Machine learning can be beneficial in the managed service domain. It can leverage predictive analytics for real-time insights and enhance the customer experience for MANAGED SECURITY SERVICES vendors. For instance, Darktrace (UK) has enhanced its flagship AI cybersecurity platform with 70 additional machine learning models and over 80 new features. Machine learning is used to make thousands of ‘micro-level’ decisions in the background as part of Darktrace’s autonomous response technology called Antigena.
Trend: Big Data and Analytics in Managed Security Services
Big data and analytics drive meaningful analysis for a large amount of data related to market trends, consumer preferences, and other forms of information, which can be utilized for informed decision-making. MANAGED SECURITY SERVICES can benefit from big data and analytics by deriving meaningful insights from available data. Most companies collect different data sets, which is an important tool for business growth. Organizations need to analyze these datasets and derive actionable insights. These datasets need protection with advanced skillsets. Big data can assist MANAGED SECURITY SERVICES vendors in collecting large chunks of data and converting them into actionable insights. Analytics can be handy with past records and can suggest the right fit of capabilities for a client based on their requirements.
Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=5918403
Opportunity: Increased Usage of Cloud Technology and IoT Devices in Enterprises
IoT is a system of interrelated computing devices and machines that can transfer data over a network without the need for human-to-human or human-to-machine interaction. Along with the rapid development of IoT, security concerns for IoT have also increased. As a greater number of machines are connected to a single network, it makes them vulnerable to cyberattacks. For instance, in the automobile sector, companies are focusing on developing independent and self-driving cars, but as the dependency of cars on software increases, they will become more vulnerable to cyberattacks. IoT is the future; however, as IoT becomes more widespread, more important systems will be vulnerable to malware attacks and compromised. MANAGED SECURITY SERVICES can keep enterprises informed about potential cyberattacks on IoT devices by continuously monitoring cyber threat scenarios, thus helping them in taking preventive measures.
Major vendors in the global Managed Security Services Market include IBM (US), AT&T (US), NTT (Japan), Accenture (Ireland), DXC Technology (US), SecureWorks (US), Trustwave (US), Atos (France), Orange Cyberdefense (France), Fujitsu (Japan), Kudelski Security (Switzerland), Proficio (US), CrowdStrike (US), F5 (US), HelpSystems (US), Capgemini (France), Infosys (India), Lumen Technologies (US), Kroll (US), Cipher Security (US), RSI Security (US), SecurityHQ (UAE), TrustNet (US), LightEdge (US), VirtualArmour (US), Lynx Technology (US), Nettitude (US), Nokia Networks (Europe), Teceze (US), Cyflare (US), Ascend Technologies (US), Avertium (US), and DigitalXRAID (US).
Browse Adjacent Markets: Information Security Market Research Reports & Consulting
Browse Other Reports:
Field Service Management Market - Forecast to 2026
Telecom Cloud Market - Global Forecast to 2027
Metaverse Market - Global Forecast to 2027
EdTech and Smart Classroom Market - Global Forecast to 2027
Multiexperience Development Platforms Market - Global Forecast to 2027
CONTACT: About MarketsandMarkets™ MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook. Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email: firstname.lastname@example.org