DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/psfn86/managed_security) has announced the addition of the "Managed Security Services Market - Global Forecast to 2020" report to their offering.
The Managed Security Services market size is expected to grow from USD 17.79 Billion in 2015 to USD 35.53 Billion by 2020, at an estimated CAGR of 14.8% during the forecast period.
Major growth drivers of the MSS market are rise in cybercrimes and threats, rising need of meeting compliance and data protection laws, security staffing, and budgeting constraints on the organizations, and, increasing adoption of cloud services. These factors are expected to shape the future of the MSS market.
Among service types, threat management is expected to have the largest market share in 2015 while incident management service is expected to grow at the highest CAGR from 2015 to 2020. The growth in the segment is driven by advancements in technology in cloud-based security services along with the ease in ensuring compliance with the cyber laws and other government mandates within the organizations have increased the demand for threat management security services.
The market faces challenges such as lack of deep insight into the customer and business environment. Some organizations monitor internal activities and also use MSS for external/perimeter monitoring. Such an arrangement acts as a constraint for the growth of MSS in such organizations. Threat of increasing DDoS attack on cloud service adoption also restrain the growth of the MSS market as organizations may not contemplate outsourcing the managed IT infrastructure and various other security services to the MSSPs.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Managed Security Services Market Analysis, By Service Type
7 Managed Security Services Market Analysis, By Deployment Mode
8 Managed Security Services Market Analysis, By Organization Size
9 Managed Security Services Market, By Vertical
10 Geographic Analysis
11 Competitive Landscape
12 Company Profiles
- AT&T, Inc.
- Centurylink, Inc.
- Computer Sciences Corporation
- Dell Secureworks, Inc.
- Hewlett-Packard Company
- IBM Corporation
- Solutionary, Inc. (NTT Group)
- Symantec Corporation
- Trustwave Holdings, Inc.
Verizon Communications, Inc.
For more information visit http://www.researchandmarkets.com/research/psfn86/managed_security