Published by Wanda Rich
Posted on September 22, 2021
Stringent government regulations in order to increase adoption of managed security services solutions and rising cyber-attacks across enterprises results into financial losses are the factors driving the growth of the managed security services market.
Increasing costs of maintaining security infrastructure as well the growing cost of an average data breach drive the market growth.
The global managed security services market is expected to garner $40.97 billion by 2022, registering a CAGR of 16.6% during the period 2016-2022. North America is expected be the largest market for managed security services during the forecast period owing to the growing awareness about the information security among businesses.
Generally, managed security services are delivered in two basic modelson-premise or customers premise equipment and cloud-based managed security service model. The on-premise or customers premise equipment constitute the highest market share and is preferred in cases when organization/companies are concerned about security of sensitive information over cloud.
Based on organization size, the report covers businesses under two main groups such as large businesses and small- & medium-sized businesses. Financial loss incurred due to data theft and network damage affects both large businesses as well as small- & medium-sized businesses. Thus, small- & medium-sized businesses also have a significant share in revenue generation.
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https://www.alliedmarketresearch.com/request-sample/217
North America currently constitutes the highest market share in theManaged security services market during the forecast period. However, the Asia-Pacific region would witness the highest CAGR of 20.3% during the forecast period. A growth in security awareness and emphasis to maintain the brand image would contribute to the increasing demand for managed security services from various industry verticals.
Profiling Key Players: IBM Corp., HP, Dell SecureWorks, Cisco Systems Inc., Symantec, AT&T, BT Group, Verizon, and others.
Thanks for reading this article; you can also get an individual chapter-wise section or region-wise report versions like North America, Europe, or Asia.
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If you have any special requirements, please let us know and we will offer you the report as per your requirements.
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About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Stringent government regulations in order to increase adoption of managed security services solutions and rising cyber-attacks across enterprises results into financial losses are the factors driving the growth of the managed security services market.
Increasing costs of maintaining security infrastructure as well the growing cost of an average data breach drive the market growth.
The global managed security services market is expected to garner $40.97 billion by 2022, registering a CAGR of 16.6% during the period 2016-2022. North America is expected be the largest market for managed security services during the forecast period owing to the growing awareness about the information security among businesses.
Generally, managed security services are delivered in two basic modelson-premise or customers premise equipment and cloud-based managed security service model. The on-premise or customers premise equipment constitute the highest market share and is preferred in cases when organization/companies are concerned about security of sensitive information over cloud.
Based on organization size, the report covers businesses under two main groups such as large businesses and small- & medium-sized businesses. Financial loss incurred due to data theft and network damage affects both large businesses as well as small- & medium-sized businesses. Thus, small- & medium-sized businesses also have a significant share in revenue generation.
Download Sample Report (Get Full Insights in PDF – 137 Pages) at:
https://www.alliedmarketresearch.com/request-sample/217
North America currently constitutes the highest market share in theManaged security services market during the forecast period. However, the Asia-Pacific region would witness the highest CAGR of 20.3% during the forecast period. A growth in security awareness and emphasis to maintain the brand image would contribute to the increasing demand for managed security services from various industry verticals.
Profiling Key Players: IBM Corp., HP, Dell SecureWorks, Cisco Systems Inc., Symantec, AT&T, BT Group, Verizon, and others.
Thanks for reading this article; you can also get an individual chapter-wise section or region-wise report versions like North America, Europe, or Asia.
For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/217
If you have any special requirements, please let us know and we will offer you the report as per your requirements.
Similar Reports –
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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