Managed Security Services Market Growth Analysis Including Future Challenges and Strategic Outlook 2027
According to industry analysis, the global Managed Security Services Market is expected to have a large market size by 2027 and a high compound annual growth rate (CAGR) during the forecast period. According to industry analysis, the demand for managed security services is increasing among end-users such as BFSI, IT, and telecom. This is due to changing market trends that are expected to drive industry growth and market expansion over the forecast period.
Managed security services are security measures provided by third-party vendors that are tailored to meet the specific security requirements of an organization. These services include continuous monitoring, analysis, and evaluation of networks (whether cloud-based or on-premises) and applications. The IT sector’s ongoing advancements are causing security-related issues, prompting organizations to collaborate on research and development initiatives and form partnerships to create effective managed security services for rapidly evolving technologies.
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Key Players Operating in Global Managed Security Services Market
- Dell SecureWorks Inc.
- IBM Corporation
- Symantec Corporation
- Verizon Communications Inc.
- Trustwave Holdings
Managed Security Services Market: Segmentation
The report consists of forecasts for the managed security services market at the global, regional, and country levels. The report contains analysis of trends in each segment of the market for the period from 2017 to 2027.
For this study, Reports and Data has segmented the managed security services market based on product type and end-user as follows.
By Product Type (Revenue, USD Million; 2017–2027)
- 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)
- Banking, Financial Services and Insurance
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