Fatpos Global has released a report titled “Managed Security Services market- Analysis of Market Size, Share & Trends for 2016 – 2019 and Forecasts to 2030” which is anticipated to reach USD XX Billion by 2030. According to a study by Fatpos Global, the market is anticipated to portray a CAGR of XX% between 2020 and 2030.
According to the report The main market drivers are expected to fuel the growth due to the growing number of security breaches and attacks posing a threat to large and small organizational structures. For overall safety posture and technical advancing in cloud and in IoT, appropriate steps have been taken in advance to improve future uses around the vertical.
The market report on Managed Security Services includes in-depth insights as:
• The estimated value of the market was USD XX Billion in the year
• Region wise, North America held the largest market accounting for XX% of total market volume share in 2019
• Based on organization type, Small & medium enterprises accounted to register a CAGR of 17.5%.
• Based on application type, BFSI is expected to dominate the market with a growing CAGR of XX%
• Based on deployment, The On-premises segment is anticipated to register XX% of the volume share. However Cloud segment is expected to register with the highest CAGR over the forecast period.
• Key players are likely to focus on product innovations and expansion through merger to retain their positions in developed markets.
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The global managed security services sector (MSS) includes remote control and management of IT protection functions by provider third-party service providers, in order to efficiently secure confidential data from organizations. With the growth of companies in the scale and scope of social media, cloud infrastructure, Big Data and multiple computing devices, the role of information security becomes increasingly complex. Growing numbers of cybercrime security attacks and malicious activity has generated concern among organizations. Furthermore, increased complexity of network infrastructure has been shown to hinder the management of data protection. In this scenario, it has been a lucrative option for the organizations to outsource security tasks to managed security service providers.
Key Players in the Market: Some of the key players operating in the global Managed Security Services market are: IBM (US), NTT Data (Japan) , DXC Technology (US), Atos (France) , Verizon (US), Cipher Security (US), Optiv Security (US), Infosys (India), Cognizant (US), Wipro (India) and other prominent players.
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Get Valuable Insights into Managed Security Services Market
In the new report, Fatpos Global thrives to present an unbiased analysis of the global Managed Security Services market that covers the historical demand data as well as the forecast figures for the period, i.e. 2020-2030. The study includes compelling insights into growth that is witnessed in the market. The market is segmented by deployment type into On premises and on cloud); by organization into Small and medium enterprise and large enterprise; by application into BFSI, Retail & E-commerce, Government, Healthcare, IT & Telecom, Construction and Others.
About Fatpos Global
Fatpos Global is a leading management consulting, advisory and market research organization that serves its clients globally by its team of experts and industry veterans that have years of expertise for management consulting, advisory and market research analysis. The organization functions across business consulting, strategy consulting, market research, operations consulting, financial advisory, human resources, risk &
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