Managed Security Services Market 2023-2033 Reveals Promising Opportunities Amid Rising Cyber Threats

Dublin, July 21, 2023 (GLOBE NEWSWIRE) -- The "Managed Security Services Market Report 2023-2033" report has been added to's offering.

The global managed security services market is set to exceed a value of $30.4 billion in 2023, as forecasted by [Author/Research Firm]. The report predicts robust revenue growth in the managed security services industry through to 2033. This comprehensive research identifies organizations with the greatest potential, offering insights into their capabilities, progress, and commercial prospects, enabling businesses to stay ahead in the evolving security landscape.

Increasing Cybersecurity Threat Landscape Drives Demand

With the relentless growth of the cybersecurity threat landscape, organizations are urgently seeking to strengthen their security measures. The rise of sophisticated malware, ransomware, and other cyber threats poses significant risks to businesses. A notable example is the WannaCry ransomware attack in 2017, which affected thousands of organizations globally, highlighting the need for robust security solutions. Managed Security Services offer advanced threat intelligence, monitoring, and response capabilities, safeguarding organizations from evolving cyber threats.

Assisting Compliance and Regulatory Requirements

To comply with industry-specific regulations and data protection laws, organizations require robust security measures. Compliance standards such as the Payment Card Industry Data Security Standard (PCI DSS) and the Health Insurance Portability and Accountability Act (HIPAA) demand stringent security controls. Managed Security Services help organizations achieve compliance by providing expertise in implementing and maintaining security measures, conducting regular audits, and ensuring adherence to regulatory requirements.

Key Questions Addressed in the Report

The report addresses essential questions to aid businesses in making informed decisions and strategic investments. Some of the key questions covered include:

  • How will the managed security services market evolve?
  • What are the driving and restraining factors influencing the market?
  • How will each managed security services submarket segment grow, and what will be their revenue share in 2033?
  • How will the market shares of leading managed security services markets change from 2023 to 2033?
  • What will be the main driver for the overall market from 2023 to 2033?
  • How will national markets perform compared to others?
  • Who are the leading players, and what are their prospects over the forecast period?
  • What are the managed security services projects for these leading companies?
  • What is the industry's evolution from 2023 to 2033, and what are the implications of current projects on the market?
  • Is there a need for product commercialization to scale the managed security services market further?

Key Market Segments and Regional Coverage

The report analyzes various market segments, including Type (Fully Managed Security Services, Co-managed Security Services), Enterprise Size (Large Enterprises, Medium-sized Enterprises, Small-sized Enterprises), Solution Type (Intrusion Detection and Prevention, Threat Prevention, Distributed Denial of Service, Other Solution Types), Vertical (BFSI, Healthcare, Manufacturing, Telecom & IT, Other Verticals), and Service Type (Managed IAM, Managed Vulnerability Management, Managed Risk and Compliance, Managed Detection and Response, Managed SIEM and Log Management, Other Service Types).

Additionally, the report provides revenue forecasts for four regions - North America (U.S., Canada), Europe (Germany, Russia, United Kingdom, France, Italy, Rest of Europe), Asia Pacific (China, Japan, India, Australia, South Korea, Rest of Asia Pacific), Latin America (Brazil, Mexico, Rest of Latin America), and the Middle East & Africa (GCC, South Africa, Rest of Middle East & Africa).

Top Companies Covered

The report highlights key players in the Managed Security Services Market from 2023 to 2033. Some of the leading companies covered in the report are Accenture plc, AT&T Inc., Capgemini SE, CrowdStrike Holdings, Inc., DXC Technology, F5, Inc, Fujitsu Limited, International Business Machines Corporation, Kroll Inc., Kudelski Security, Nippon Telegraph and Telephone Corporation, Orange Cyberdefense, Proficio, Secureworks Inc., and Trustwave Holdings.

Invaluable Insights for Businesses

This 440+ page report offers 131 tables and 193 charts/graphs, providing exclusive insights into the managed security services market. It highlights key lucrative areas, recent results, growth rates, and market shares to guide businesses in targeting the most promising opportunities. The report also includes in-depth analyses of global, regional, and national sales and growth, qualitative analyses of market dynamics, drivers, opportunities, restraints, and challenges, and the impact of rising managed security services prices and recent developments.

COVID-19 Impact Analysis

The report also offers an analysis of how COVID-19 has affected the industry and businesses. Four recovery patterns, "V," "L," "W," and "U," are discussed to assess the impact on the managed security services market.

Conclusion and Recommendations

In conclusion, the Managed Security Services Market, 2023 to 2033 report provides businesses with invaluable knowledge and data to make informed decisions, investments, and strategies. With this comprehensive research, businesses can stay ahead of the competition, target lucrative investment opportunities, and achieve growth in the evolving security market.

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