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Managed Security Services Market|Global Industry Top Key Players: Cisco, Dell, Symantec, AT&T, HP, Hewlett Packard Enterprise, IBM, Fortinet, CSC and Verizon

(USGovernment-News.Com, August 09, 2018 ) According to research for markets, the ‘Managed Security Services - Global Market Outlook (2017-2023)' is a professional and in-depth study & with a focus on the current state of the global industry.

The Global Managed Security Services Market is accounted for $20.22 billion in 2016 and is expected to reach $55.10 billion by 2023 growing at a CAGR of 15.3% during the forecast period.

Factors such as security staff and budget constraints, rising integration of biometric sensors in security-based applications and increasing remote management tools are fuelling the market growth. However, lack of trust in third-party applications, reluctance to share sensitive data and varying customer demands regarding security package are hampering the market. Moreover, the trend of BYOD acceptance at workplaces to get better productivity by allowing the employees to access corporate data via personal devices has been rising.

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A Managed Security Service is an efficient approach to deal with an organization's security needs. The services can be handled in house or outsourced to a service provider that oversees other company’s network and information system security. Functions of a managed security service include performing security assessments and security audits, management of intrusion detection systems and round-the-clock monitoring and firewalls, responding to emergencies and overseeing patch management and upgrades.

• BT Group
• Verizon Communications, Inc.
• Fortinet Inc
• Cisco Systems Inc.
• Dell Secure Works Inc.
• Symantec Corporation
• Computer Science Corporation (CSC)
• AT&T Inc.
• Hewlett Packard
• International Business Machines Corporation (IBM)
• Solutionary, Inc.
• Centurylink, Inc.
• Secureworks, Inc.
• Trustwave Holdings, Inc.
• Rapid7 Inc.

• On Premise
• Cloud
• Hybrid

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Banking, Financial Services and Insurance, is expected to hold significant market growth during the forecast period due to rapid changes in customer activities, where consumers are using bank applications across various platforms making the vertical highly susceptible to attacks. Asia-Pacific is likely to grow at a highest market growth during the forecast period which can be attributed to security attentiveness and importance to preserve the brand image would contribute the increasing demand for services from various sectors in this region.

• Antivirus/Antimalware
• Identity and Access Management
• Managed Security Information and Event Management
• Distributed Denial of Service
• Compliance Management
• Vulnerability Management
• Unified Threat Management
• Managed Intrusion Detection/Prevention System
• Managed Firewall
• Other Services

• Education
• Energy and Utilities
• Retail and Consumer Packaged Goods
• Telecom and IT
• Healthcare and Life Sciences
• Government and Defense
• Banking, Financial Services, and Insurance
• Manufacturing
• Other End Users

• North America
• Europe
• Asia Pacific
• Rest of the World

What our report offers:
- Market share assessments for the regional and country level segments

- Market share analysis of the top industry players

- Strategic recommendations for the new entrants

- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets

- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)

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Note: Any special requirements about this report, please let us know and we can provide custom report.

About Research for Markets:
Research for Markets indulges in detailed and diligent research on different markets, trends and emerging opportunities in the successive direction to cater to your business needs. We have established the pillars of our flourishing institute on the grounds of Credibility and Reliability. RFM delve into the markets across Asia Pacific, North America, South America, Europe, Middle East and Africa.

Research For Markets

Mr. A Naidu


Source: EmailWire.Com


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