Managed Security Services Market is Expected to Grow at a CAGR of 16.9% Between 2018 and 2025
A New Research Report of “Managed Security Services Market” analyse by “The Insight Partners” encloses a comprehensive analysis of the market and data validated by three approaches including top companies’ revenues. It concludes with precise and authentic market estimations considering all the parameters and market dynamics. Every crucial and decisive detail for the development and restriction of the market is mentioned in the report that may affect the market in near future. Segmentation of the market are studied specifically to give profound knowledge for supplementary market investments.
The global Managed Security Services market accounted for US$ 16,857.0 Mn in 2016 and is expected to grow at a CAGR of 16.9% during the forecast period 2017 – 2025, to account for US$ 61,855.5 Mn in 2025.
Managed Security Services market is witnessing high year-on-year growth due to various factors such as the increasing number of cyber-attacks and growing adoption of connected devices. Adoptions of managed security services are also expected to accelerate owing to, lack of skilled IT in-house professionals and increasing technical complexity. Moreover, continuous advancements in the managed security services offerings are expected to drive further the managed security services market resulting in overall growth of managed security services revenue share.
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The report “Managed Security Services Market” gives varied description about the segmentation of the market on the basis of segmentation, Regional Framework and Application, and leads with a descriptive structure of the trends and restrictions of the various segments and sub segments. It also provides the market size and estimates a forecast from the year 2019 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The report also provides exhaustive PEST analysis for all five regions after evaluating political, economic, social and technological factors effecting the market.
The report facilitates in determining and interpreting the key market players, portfolios with necessary information such as company profiles, components and services offered, financial information of past few years, key developments in past few years, that helps in constructing strategies to gain competitive advantage in the long run. The report also analyzes factors affecting Managed Security Services Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends.
The objective of the study is to describe, define, and forecast the Managed Security Services market by application, distribution channel, and region. The report also provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and trends). The report helps to analyze market with respect to individual growth trends, prospects, and contributions to the overall Managed Security Services market.
Company Profiles
- AT&T, Inc.
- IBM Corporation
- Secureworks, Inc.
- Trustwave Holdings, Inc.
- Verizon Communications, Inc.
- Symantec Corporation
- Hewlett Packard Enterprise Co.
- CenturyLink
- NTT Corporation
- British Telecommunications
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Key Benefits for Managed Security Services market:
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Managed Security Services Market
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the Managed Security Services Market, thereby allowing players to develop effective long term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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