Managed Security Services Market size worth approximately $52.9 billion by 2028

The computing world deals with higher risks of interference and security breach that continue to cost millions if not resolved on a priority.

The success at which in-house security systems are effective is constantly contested by higher adoption of managed security services outsourced to external providers.

While is started with providing meagre firewall appliance for internet service providers in the mid to late 90s, the global market for managed security services has been expanding rampantly and is slated to reach US$ 19.98 billion market value in 2016-end.

“Managed Security Services Market by 2026” is a report developed by Research Report Insights (RRI) that emphasis the rapid proliferation of managed security services in the global IT industry.

Request For Report Sample: https://www.researchreportinsights.com/report/sample/110114744/Managed-Security-Services-MarketThe replacement of in-house security with managed security services shall not only rev up the progress of IT companies, but also eliminate the risks of exposing their businesses to customer data thefts, resource constraints and targeted malware hacking, among others.

North America’s managed security services market will venture out on an impressive expansion and register a privileged 18.8% CAGR through the forecast period of 2016 to 2026.

The COVID-19 pandemic has forced people to follow social distancing and enterprises to implement work-from-home or remote working.

All these norms are essential to protect our lives from a dreaded coronavirus but as a result of implementing the work-from-home technique, the business system and confidential corporate information have become more vulnerable to cyber-attacks.

In other words, the COVID-19 pandemic has impacted the IT security landscape.After absorbing the initial shock of lockdowns, threat actors are active again with changed tactics.

In recent times, a significant rise in the percentage of malware campaigns is seen among COVID-19 related attack vectors.

What’s more, around 80% of all malicious campaigns have a COVID-19 angle these days.

For example, phishing emails pretending to stem from healthcare institutions, government, and WHO (World Health Organization) contain malicious URLs or attachments.

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Managed security services Market, By Service Type (IPS and IDS, DDOS, Endpoint security), By Organization size (SMBs, Large Enterprise), By Deployment (Cloud, On Premise), By End-User (BFSI, Manufacturing, IT/ITES, Healthcare, Retail, Government) - Forecast 2022Market Overview:With increasing adoption of cloud-based data storage solutions and rapid industrial development, the need for reliable and highly effective security solutions is skyrocketing.

Managed security services are such network security solutions that are outsourced to the service providers in order to alleviate the issue regarding information security such as client data theft, targeted malware, resource constraints and skill shortage.

As per the report published by Market Research Future (MRFR), the global managed security services market is registered to expand significantly at a robust CAGR of over 12% during the forecast period of 2016-2022 and to reach the valuation of USD 34 Bn by the end of 2022.

Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/2525Market Drivers:Increasing pressure on various organizations to comply with stringent regulations and rise in complexities in network infrastructure are intensifying the need for outsourcing the security task to third-party managed security service providers, leading to the noteworthy expansion of the global managed security services market.

Increasing adoption of cloud-based solutions for big data storage, implementation of BOYD and rapid rise in cyber theft are inducing high demand for managed security solutions, which in turn is fueling the growth of the global managed security services market.Market Segmentation:The global managed security services market has been segmented on the basis of service type, organization size, deployment and end-user.

Based on service type, the managed security services market is segmented into IPS and IDS, DDOS, endpoint security, unified threat management, SIEM and firewall management.Based on organization size, the managed security services market is segmented into SMBs and large enterprise.

Managed Cyber Security Services Market Insights 2019, Global and Chinese Scenario is a professional and in-depth study on the current state of the global Managed Cyber Security Services industry with a focus on the Chinese market.

The report provides key statistics on the market status of the Managed Cyber Security Services manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.Overall, the report provides an in-depth insight of 2014–2024 global and Chinese Managed Cyber Security Services market covering all important parameters.The key points of the report:The report provides a basic overview of the industry including its definition, applications and manufacturing technology.The report explores the international and Chinese major industry players in detail.

In this part, the report presents the company profile, product specifications, capacity, production value, and 2014–2019 market shares for each company.Through the statistical analysis, the report depicts the global and Chinese total market of Managed Cyber Security Services industry including capacity, production, production value, cost/profit, supply/demand and Chinese import/export.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.The report then estimates 2019–2024 market development trends of Managed Cyber Security Services industry.

Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out.The report makes some important proposals for a new project of Managed Cyber Security Services Industry before evaluating its feasibility.Report Sample includes:- Table of Contents- List of Tables & Figures- Charts- Research MethodologyGet FREE Sample of this Report at https://www.24marketreports.com/report-sample/global-managed-cyber-security-services-2019-2024-412There are 3 key segments covered in this report: competitor segment, product type segment, end use/application segment.For competitor segment, the report includes global key players of Managed Cyber Security Services as well as some small players.

At least 9 companies are included:CNS GroupSymantecSecureworksIBM CorporationAssuriaProficioThe information for each competitor includes:Company ProfileMain Business InformationSWOT AnalysisSales, Revenue, Price and Gross MarginMarket ShareFor product type segment, this report listed main product type of Managed Cyber Security Services market in gloabal and china.Product Type IProduct Type IIProduct Type IIIFor end use/application segment, this report focuses on the status and outlook for key applications.

End users sre also listed.Application IApplication IIApplication IIIReasons to Purchase this Report:Estimates 2019–2024 Managed Cyber Security Services market development trends with the recent trends and SWOT analysisMarket dynamics scenario, along with growth opportunities of the market in the years to comeMarket segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspectsRegional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.Market value (USD Million) and volume (Units Million) data for each segment and sub-segmentCompetitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five yearsComprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players1-year analyst support, along with the data support in excel format.Any special requirements about this report, please let us know and we can provide custom report.Get the Complete Report & TOC at https://www.24marketreports.com/Others/global-managed-cyber-security-services-2019-2024-412CONTACT US:276 5th Avenue, New York , NY 10001,United StatesInternational: (+1) 646 781 7170Email: [email protected] Us On linkedin :- https://www.linkedin.com/company/24-market-reports

And nowadays, Managed security services have become very popular among businesses.

These services help to grow the organization and supervise multiple sophisticated advanced corporate networks and software systems.When it comes to cybersecurity, then these MSS (Managed Security Services) help to resolve multiple critical issues of the organizations.

It controls and manages the security needs of any sort of organization.

Today we have mentioned some important reasons why you must use MSS in your business.1- Threats of security are prevailing in society and becoming commonThrough managed security services, one can rely on professional and accurate management.

Managing security services is a complex task if done by humans.Therefore, for this, SOC as a service is a highly well-programmed service that is used in managing the networks related to the organization.

It assists in avoiding any further damage to your data and the business from any immediate or advanced group of hackers.