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Managed Security Services Market Latest Innovation, Growth and Industry Future Prospect 2023

(CityRegions.Com, July 24, 2018 ) The global managed security services market, In order to monitor and provide better protection owing to the rising frequency and complexity of cyber-attacks and security breaches, organizations are progressively deploying managed security services. The quality of protection can be further improved by outsourcing security operations to managed security service providers that have skilled workforce and core expertise in this field. Rise in digital information generation and need to secure it, increasing trend of bring your own devices (BYOD) are some of the major factors to drive the growth of managed security services market.

Population growth and fast paced social progress in developing countries has led to the growth of global Managed Security Services market. With the increase in economic conditions, even a relatively poor economy is implementing and introducing these projects with fast pace. Technological growth is one of the major driving forces for the global market. It can be seen mainly in the regions which has shown a shift towards digitalization of grid system for commercial usage. In numerous regions, since there is a huge dominance by the local and regional vendors, it is expected to increase the competition in coming times.

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Key Operating Players:
AT&T Inc., Dell SecureWorks Inc., Fujitsu Ltd., International Business Machines (IBM) Corporation, Symantec Corporation, Trustwave Holdings Inc., Hewlett-Packard Company, EMC Corporation

Companies under different industry verticals such as banking and financial services, government, telecom and IT use managed security services in order to offload some of the security threats risks and associated costs. Companies under BFSI sector are progressively engaging managed security service providers to meet their security requirements. This is due to rise in numbers and complexity of threats, compliance and cost pressures, and lack of internal expertise, in which case outsourcing proves to be a economical and viable option. In 2012, cloud based managed security services held largest market share and are expected to continue to dominate the market over other delivery models, namely consumer premises equipment (CPE) based services and hybrid services, during the forecast period.

Key players are embracing strategies such as product launches to stay ahead of other players, and this is furthering the competition in the market. These leaders are also planning to encash the opportunity in developing economies as well as the market there is adopting the latest and upcoming technology at a very high pace.

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Table of Contents:

Table Of Content:

Chapter 1 Industry Overview of Managed Security Services

Chapter 2 Manufacturing Cost Structure Analysis of Managed Security Services

Chapter 3 Technical Data and Manufacturing Plants Analysis of Managed Security Services

Chapter 4 Global Managed Security Services Overall Market Overview

Chapter 5 Managed Security Services Regional Market Analysis

Chapter 6 Major Manufacturers Analysis of Managed Security Services

Chapter 7 Development Trend of Analysis of Managed Security Services Market

Chapter 8 Managed Security Services Marketing Type Analysis

Chapter 9 Conclusion of the Global Managed Security Services Market Professional Survey Report 2018

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