The global demand for cloud based security services is expected to increase significantly. Learn more statistics on Global Managed Security Services Market from Aranca's Research Experts.
The global demand for cloud based security services is expected to increase significantly. Learn more statistics on Global Managed Security Services Market from Aranca's Research Experts.
The global demand for cloud based security services is expected to increase significantly. Learn more statistics on Global Managed Security Services Market from Aranca's Research Experts.
THE GLOBAL
MANAGED SECURITY
SERVICES MARKET
COULD BE WORTH
OVER $31.86
BILLION BY
2019
lanaged Security Services (MSS) Market
(cAGR 17.3% 31.86
1422
2014 2019F
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also experience increased market
‘waction with high CAGRS
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Ty
Ve2years Sh year
Increasing complesity and focused targeting of
‘yber attacks
Evolving complance requirements fr
‘organizations
Shortage of n-house and extensive secuty
expertise and talent
Increasing complesty of network security point
products ifcult to manage fr businesses with
Small security teams
Intensifying focus on core organizational functions
isdiving coud service adoption and MSSP
subsciption
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Lack of comprehensive tteat awareness
Low security budget and weak project planning
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Lack of confidence in own resources to manage
information security neds
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vo
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Loss of contol over proprietary data
ee i Ono ore
Increasing Cyber-crime, Compliance and Data Protection Mandates, and
Adoption of Cloud Services are Influencing the MSS Market's Growth.
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The demand for cloud-based security services is expected to increase
significantly. Most small and medium-sized businesses are increasingly
CeCe te Meee Cre Coe
» This segment demands services at very low rates, making the market
ata ee
» MSS providers should provide security services at competitive prices to gain
Trento
More organizations would ink partnerships with MSS providers.
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different segments.
» MSS providers should provide customized security services customization is
essential when you're providing customer-centric services that hope
to gain the highest market share.
The Middle East and Asia are the most promising markets for MSS.
» Large MSS providers should acquire local companies or establish regional
branches in these regions to generate high revenue from these
emerging markets.
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