Managed Cyber Security Services Market Projected to Register 15.62% CAGR to 2025 | Tata Consultancy Services, CNS Group, Symantec, Secureworks, IBM Corporation, Assuria, Proficio, Accenture, Optiv, Honeywell

Managed Cyber Security Services Market

The process of safeguarding data and information from the threats on the internet is known as cyber security. Cybersecurity strategies comprise risk management, identity management, and incident management. Managed cyber security services are outsourced to the third party service provider. The service provider offers security for intranets, servers and networks etc. This also makes sure that the information is accessed only by authorized personal. Managed Cyber Security Services Market valued approximately USD 17.234 billion in 2017 is anticipated to grow with a healthy growth rate of more than 15.62% over the forecast period 2018-2025.

Requirement of large capital for cyber security, growth in network infrastructure intricacy and shortage of trained IT experts are major drivers which are driving the growth in the Global Managed Cyber Security Services Market. Enterprises are extensively adopting data analytics and cloud based solutions, which has raised the need for managed cyber security services. Additionally, implementation of strict government laws in some of the economies in order to provide security to organizations crucial information is subsequently creating a need to adopt managed security services which is estimated to propel the growth of the market in the near future. On the other hand, reluctance of enterprises to disclose their sensitive, confidential and essential data with the service provider and differing customers' requirements regarding services may pose significant challenge to the market growth.

Leading Players of Managed Cyber Security Services Market:
Tata Consultancy Services, CNS Group, Symantec, Secureworks, IBM Corporation, Assuria, Proficio, Accenture, Optiv, Honeywell

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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Application:
- Risk & Compliance Management
- Identity & Access Management
- Managed Security Device Management
- Vulnerability Management
- Others

By End User:
- Discrete Manufacturing
- Government Agencies
- BFSI
- Healthcare
- Energy & Utility
- Telecommunication
- Others

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What the report features:-

  1. Global analysis of Managed Cyber Security Services Market from 2018 – 2025 illustrating the progression of the market.
  2. Forecast and analysis of Managed Cyber Security Services Market by Dosage, Route of Administration and Application from 2018 – 2025.
  3. Forecast and analysis of Managed Cyber Security Services Market in five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America.

Reason to Buy:

  1. Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Managed Cyber Security Services Market.
  2. Highlights key business priorities in order to assist companies to realign their business strategies.
  3. The key findings and recommendations highlight crucial progressive industry trends in the Managed Cyber Security Services Market, thereby allowing players to develop effective long term strategies.
  4. Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  5. Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  6. Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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