Global Managed Security Services Market by Deployment Mode (Hosted or cloud-based MSS and On-premise or customer-premise equipment) and Application (Managed IPS and IDS, Distributed Denial of Services, UTM, SIEM, Firewall management, Endpoint Security and

Global Managed Security Services Market size was USD 20.81 Billion in 2018 and is expected to reach USD 47.65 Billion by 2023, growing at a Compound Annual Growth Rate (CAGR) of +14% during the forecast period. The base year considered for this study is 2018, and the forecast period is 2018–2025

A comprehensive analysis of the Global Managed Security Service Market is been done in this intelligence report. It includes the investigations done on the past progress, ongoing market scenarios, and future prospects. An accurate data of the products, strategies and market shares of leading companies in this particular market is mentioned. This report presents a 360-degree overview of the competitive scenario of the Global market. The report further projects the size and valuation of the global market in the coming forecast period. The report also presents a thorough qualitative and quantitative data affecting to the projected impact of these factors on market's future growth prospects.

Top Key Vendors: IBM (US), SecureWorks (US), Symantec (US), Trustwave (US), Verizon (US), AT&T (US), Atos (France), BAE Systems (UK), BT (UK), CenturyLink (US), CIPHER (US), DXC (US), Fortinet (US), Fujitsu (Japan), NTT Security (Japan), and Wipro (India).

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The Managed Security Services Market focuses on various applications which include managed IPS/IDS, DDoS, UTM, firewall management, endpoint security, and others. IPS/IDS constitute the highest market share as the they provide protection to any sized networks. The combined package of IDS and IPS solution provides the features of both solutions in single package. Nonetheless, Endpoint security application is witnessing growth with the rise in application of mobile devices to access corporate network.

Global Managed Security Service Market is segmented based on deployment mode, organization size, application, verticals, and geography. The application segment includes managed IPS/IDS, DDoS, UTM, firewall management, endpoint security. The deployment mode segment includes cloud-based and on-premise or customer-premise equipment deployment.

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Managed security service providers have emerged as profitable options, as these help businesses in protecting corporate online assets, password files, sensitive e-mails, and networks. Thus, managed security services has been gaining acceptance among businesses of all sizes as the businesses are significantly increasing spending on network security. This has augmented the size of the network security services market segment.

On the basis of geographical regions, the Global Managed Security Service Market is segmented broadly into Latin America, Europe, the Middle East and Africa, and Asia Pacific. The global market is still in its exploratory stage in most of the regions but it holds the promising potential to flourish steadily in coming years. The major companies investing in this market are situated in Canada, U.K., and the US, India, China and some more countries of Asia Pacific region. Consequently, Asia Pacific, North America, and Western Europe are estimated to hold more than half of the market shares, collectively in coming years.

In the last sections of the report, the manufacturers responsible for increasing the sales in the Managed Security Service Market have been presented. These manufacturers have been analysed in terms of their manufacturing base, basic information, and competitors. In addition, the technology and product type introduced by each of these manufacturers also form a key part of this section of the report.

Reasons to Purchase Managed Security Services Market Report
• The growing cyber-crimes and increasing complexity of attacks, and their role as a market driver.
• Analysing various perspectives of the market with the help of Porter’s five forces analysis.
• The deployment mode which is expected to dominate the market.
• The region which is expected to witness the fastest growth during the forecast period.
• Identify the latest developments, market shares, and strategies employed by the major market players.
• 3-month analyst support, along with the Market Estimate sheet (in Excel).

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