DUBLIN--(BUSINESS WIRE)--The "ASEAN Managed Security Services Market, Forecast to 2021" report has been added to ResearchAndMarkets.com's offering.
The MSS market in ASEAN continued its tremendous growth momentum, as it grew strongly by 22.3% on a year-on-year (YoY) basis
ASEAN was the second- fastest growing market, following India, which grew by 24.1%. ASEAN businesses continued to invest significantly in cyber security measures in the wake of rising advanced cyber threats. Increase in the number of security solutions, growing complexity of infrastructure, and shortage of cyber security experts drove many of these enterprises to outsource security operations to MSSPs for better threat visibility, security device management, threat monitoring and detection, and incident response.
Other industries, including healthcare, utility, technology, and energy were also seen to be more open to the service model during the year. Investment in critical infrastructure protection services is set to increase significantly in the next 5 years.
In addition to market growth analysis, the study highlights the driving forces of the managed security services (MSS) market. The shortage of cyber security professionals with strong expertise was the top factor driving enterprises to engage with MSSPs to help them cope with new security challenges. The evolution of advanced threats continued to cause greater operational pressure on companies, driving them to look at MSSPs to reduce the pressure and better security threat management.
Key Topics Covered:
1. Market Overview
2. Forecasts and Trends
3. Market Share and Competitive Analysis
4. Growth Opportunities and Companies to Action
5 Major Growth Opportunities
5. Managed Security Services-Vendor Analysis
6. Other Notable Managed Security Service Providers
7. The Last Word
- IBM Security
- Orange Business Services
- Singtel Cyber Security
- Tata Communications
For more information about this report visit https://www.researchandmarkets.com/research/jvbwq6/asean_managed?w=4