The global market for managed security services in 2015 was valued at US $ 17.65 billion. Increasing regulatory compliance with the Cybersecurity Law of 2015, the data security standards of the payment card industry, and the HIPP Act of 1996 will enable organizations to drive the adoption of managed security services. Digital business elements such as cloud computing, mobile computing, BYOD, and the Internet of Things (IoT) are gaining in popularity, with more applications during the forecast period and new exploitable vulnerabilities in cybercrime. Expected to be opened.
A full report of Managed Security Services Market is available at: https://www.orionmarketreports.com/managed-security-services-market/38377/
Increasing cybercrime activities and cost-effectiveness are some of the factors that are expected to enhance the managed security services market size. However, governments across the world are developing numerous stringent information security regulations that would restrict managed security services market growth. Also, growing trend of mobile devices at workplaces would create lucrative opportunities for the market.
Managed Security Services Market Key Segments:
By Deployment Mode
• Hosted or cloud-based MSS
• On-premise or customer-premise equipment (CPE) MSS
• Organization Size
• Small- & medium-sized businesses
• Large businesses
By Application
• Managed IPS and IDS
• Distributed Denial of Services (DDoS)
• Unified threat management (UTM)
• Secured information & event management (SIEM)
• Firewall management
• Endpoint Security
• Others
By Vertical
• Banking Financial Services & Insurance (BFSI)
• Healthcare
• Manufacturing
• Retail
• Telecom & IT
• Others
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
