Market Research

Cyber Security Managed Services Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Best Price Guarantee Length Publisher Published Date SKU
from $4,850 150 Pages Fortune Business Insights Pvt. Ltd. June, 2024 FOB18838650
Best Price Guarantee
Price from $4,850
Length 150 Pages
Publisher Fortune Business Insights Pvt. Ltd.
Published Date June, 2024
SKU FOB18838650

Cyber Security Managed Services Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032



Growth Factor of Cyber Security Managed Services Market

The Cyber Security Managed Services Market size was worth USD 14.48 billion in 2022 globally. However the market is predicted to increase from USD 15.78 billion in 2023 to USD 32.68 billion by 2030 result a compound average growth rate of 11.0% during the forecasts period.

Due to lockdown caused because of COVID pandemic, all the business operations shifted to remote working, which impacted IT infrastructure requirements as well as the attack surface. Owing to this situation, companies choose cyber security which lead to cyber security managed services market growth.

The pandemic disruption made significant changes in cyber security. Companies started implementing Zero Trust model as it manages most attacks and changes to the environment, especially with Internet of Things (loT) security. Thus continuous investments and implementation of Zero Trust model contributed to increase cyber security manages services market share globally. And BYOD and WFH also played important part in market growth.

Additionally, implementing internet security services & solutions tends to be costly, which hinder small and medium business adoption of cyber security managed services.

Comprehensive Analysis of Cyber Security Managed Services Market

The security services market is rising at an exponential rate due to its market segmentation. The market is segmented as by service analysis which is bifurcated into Managed Detection and Response (MDR), incident management, managed vulnerability, identity and access solution and other such as end point management, data encryption. Managed Detection and Response (MDR) holds highest CAGR during forecast period. Many organizations collaborated with MDR to enhance security services and get better ROI on investments. While by enterprise type analysis are rapidly changing to cyber resilience in digital journey to protect businesses. The enterprise type market is further sub divided into Small and Medium Enterprise (SME) and large enterprise. By industry analysis market is bifurcated into BFSI, IT & telecom, retail, healthcare, government, manufacturing, travel & transportation, energy and utilities, and others. The IT &telecom segmented to grow highest CAGR during forecast period. The healthcare segment held major market share in 2022 due to adoption of security services to protect patient data.

North America dominated the global market holding share of 43.3% in 2022. With the development of managed security services and adoption of AI and machine learning is expected to lead the market in the region. In Asia Pacific due to increasing investments by government, key market players and foreign investments, market is predicted to increase at remarkable CAGR. In Europe, collaborations and service upgrades is pushing market growth. The Middle East and South America is driving market growth by increasing economic importance of security.

By launching specific solutions and services by key market players attract large customer base and increase sales. Moreover, key players are focusing on increasing market share through strategic acquisitions. Some key players are BDO Global (Belgium), Secureworks, Inc. (U.S.), Atos SE (France), Wipro (India), IBM Corporation (U.S.), Tata Consultancy Services Limited (India), Trustwave Holding Inc., Thrive, SecurityHQ, ECI, Check Point Software Technologies Ltd..

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2030

Base Year 2022

Estimated Year 2023

Forecast Period 2023-2030

Historical Period 2019-2021

Growth Rate CAGR of 11.0% from 2023 to 2030

Unit Value (USD billion)

Segmentation By Service, Enterprise Type, Industry, and Region

By Service Managed Detection and Response (MDR)

Incident Management

Managed Vulnerability

Identity and Access Solution

Others (End Point Management, Data Encryption)

By Enterprise Type Small & Medium Size Enterprise

Large Enterprise

By Industry BFSI

IT & Telecom

Retail

Healthcare

Government

Manufacturing

Travel & Transportation

Energy and Utilities

Others (Education, Media & Entertainment)


Please Note: It will take 5-6 business days to complete the report upon order confirmation.


1. Introduction
1.1. Definition, By Segment
1.2. Research Methodology/Approach
1.3. Data Sources
2. Executive Summary
3. Market Dynamics
3.1. Macro and Micro Economic Indicators
3.2. Drivers, Restraints, Opportunities and Trends
3.3. Impact of COVID-19
4. Competition Landscape
4.1. Business Strategies Adopted by Key Players
4.2. Consolidated SWOT Analysis of Key Players
4.3. Global Cyber Security Managed Services Key Players Market Share/Ranking, 2022
5. Global Cyber Security Managed Services Market Size Estimates and Forecasts, By Segments, 2019-2030
5.1. Key Findings
5.2. By Service (USD)
5.2.1. Managed Detection and Response (MDR)
5.2.2. Incident Management
5.2.3. Managed Vulnerability
5.2.4. Identity and Access Solution
5.2.5. Others (End Point Management, Data Encryption)
5.3. By Enterprise Type (USD)
5.3.1. Small & Medium Size Enterprise
5.3.2. Large Enterprise
5.4. By Industry (USD)
5.4.1. BFSI
5.4.2. IT & Telecom
5.4.3. Retail
5.4.4. Healthcare
5.4.5. Government
5.4.6. Manufacturing
5.4.7. Travel & Transportation
5.4.8. Energy and Utilities
5.4.9. Others (Education, Media & Entertainment)
5.5. By Region (USD)
5.5.1. North America
5.5.2. South America
5.5.3. Europe
5.5.4. Middle East & Africa
5.5.5. Asia Pacific
6. North America Cyber Security Managed Services Market Size Estimates and Forecasts, By Segments, 2019-2030
6.1. Key Findings
6.2. By Service (USD)
6.2.1. Managed Detection and Response (MDR)
6.2.2. Incident Management
6.2.3. Managed Vulnerability
6.2.4. Identity and Access Solution
6.2.5. Others
6.3. By Enterprise Type (USD)
6.3.1. Small & Medium Size Enterprise
6.3.2. Large Enterprise
6.4. By Industry (USD)
6.4.1. BFSI
6.4.2. IT & Telecom
6.4.3. Retail
6.4.4. Healthcare
6.4.5. Government
6.4.6. Manufacturing
6.4.7. Travel & Transportation
6.4.8. Energy and Utilities
6.4.9. Others
6.5. By Country (USD)
6.5.1. United States
6.5.2. Canada
6.5.3. Mexico
7. South America Cyber Security Managed Services Market Size Estimates and Forecasts, By Segments, 2019-2030
7.1. Key Findings
7.2. By Service (USD)
7.2.1. Managed Detection and Response (MDR)
7.2.2. Incident Management
7.2.3. Managed Vulnerability
7.2.4. Identity and Access Solution
7.2.5. Others
7.3. By Enterprise Type (USD)
7.3.1. Small & Medium Size Enterprise
7.3.2. Large Enterprise
7.4. By Industry (USD)
7.4.1. BFSI
7.4.2. IT & Telecom
7.4.3. Retail
7.4.4. Healthcare
7.4.5. Government
7.4.6. Manufacturing
7.4.7. Travel & Transportation
7.4.8. Energy and Utilities
7.4.9. Others
7.5. By Country (USD)
7.5.1. Brazil
7.5.2. Argentina
7.5.3. Rest of South America
8. Europe Cyber Security Managed Services Market Size Estimates and Forecasts, By Segments, 2019-2030
8.1. Key Findings
8.2. By Service (USD)
8.2.1. Managed Detection and Response (MDR)
8.2.2. Incident Management
8.2.3. Managed Vulnerability
8.2.4. Identity and Access Solution
8.2.5. Others
8.3. By Enterprise Type (USD)
8.3.1. Small & Medium Size Enterprise
8.3.2. Large Enterprise
8.4. By Industry (USD)
8.4.1. BFSI
8.4.2. IT & Telecom
8.4.3. Retail
8.4.4. Healthcare
8.4.5. Government
8.4.6. Manufacturing
8.4.7. Travel & Transportation
8.4.8. Energy and Utilities
8.4.9. Others
8.5. By Country (USD)
8.5.1. United Kingdom
8.5.2. Germany
8.5.3. France
8.5.4. Italy
8.5.5. Spain
8.5.6. Russia
8.5.7. Benelux
8.5.8. Nordics
8.5.9. Rest of Europe
9. Middle East & Africa Cyber Security Managed Services Market Size Estimates and Forecasts, By Segments, 2019-2030
9.1. Key Findings
9.2. By Service (USD)
9.2.1. Managed Detection and Response (MDR)
9.2.2. Incident Management
9.2.3. Managed Vulnerability
9.2.4. Identity and Access Solution
9.2.5. Others
9.3. By Enterprise Type (USD)
9.3.1. Small & Medium Size Enterprise
9.3.2. Large Enterprise
9.4. By Industry (USD)
9.4.1. BFSI
9.4.2. IT & Telecom
9.4.3. Retail
9.4.4. Healthcare
9.4.5. Government
9.4.6. Manufacturing
9.4.7. Travel & Transportation
9.4.8. Energy and Utilities
9.4.9. Others
9.5. By Country (USD)
9.5.1. Turkey
9.5.2. Israel
9.5.3. GCC
9.5.4. North Africa
9.5.5. South Africa
9.5.6. Rest of MEA
10. Asia Pacific Cyber Security Managed Services Market Size Estimates and Forecasts, By Segments, 2019-2030
10.1. Key Findings
10.2. By Service (USD)
10.2.1. Managed Detection and Response (MDR)
10.2.2. Incident Management
10.2.3. Managed Vulnerability
10.2.4. Identity and Access Solution
10.2.5. Others
10.3. By Enterprise Type (USD)
10.3.1. Small & Medium Size Enterprise
10.3.2. Large Enterprise
10.4. By Industry (USD)
10.4.1. BFSI
10.4.2. IT & Telecom
10.4.3. Retail
10.4.4. Healthcare
10.4.5. Government
10.4.6. Manufacturing
10.4.7. Travel & Transportation
10.4.8. Energy and Utilities
10.4.9. Others
10.5. By Country (USD)
10.5.1. China
10.5.2. India
10.5.3. Japan
10.5.4. South Korea
10.5.5. ASEAN
10.5.6. Oceania
10.5.7. Rest of Asia Pacific
11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)
11.1. BDO Global
11.1.1. Overview
11.1.1.1. Key Management
11.1.1.2. Headquarters
11.1.1.3. Offerings/Business Segments
11.1.2. Key Details (Key details are consolidated data and not product/service specific)
11.1.2.1. Employee Size
11.1.2.2. Past and Current Revenue
11.1.2.3. Geographical Share
11.1.2.4. Business Segment Share
11.1.2.5. Recent Developments
11.2. Secureworks, Inc.
11.2.1. Overview
11.2.1.1. Key Management
11.2.1.2. Headquarters
11.2.1.3. Offerings/Business Segments
11.2.2. Key Details (Key details are consolidated data and not product/service specific)
11.2.2.1. Employee Size
11.2.2.2. Past and Current Revenue
11.2.2.3. Geographical Share
11.2.2.4. Business Segment Share
11.2.2.5. Recent Developments
11.3. Atos SE
11.3.1. Overview
11.3.1.1. Key Management
11.3.1.2. Headquarters
11.3.1.3. Offerings/Business Segments
11.3.2. Key Details (Key details are consolidated data and not product/service specific)
11.3.2.1. Employee Size
11.3.2.2. Past and Current Revenue
11.3.2.3. Geographical Share
11.3.2.4. Business Segment Share
11.3.2.5. Recent Developments
11.4. Wipro
11.4.1. Overview
11.4.1.1. Key Management
11.4.1.2. Headquarters
11.4.1.3. Offerings/Business Segments
11.4.2. Key Details (Key details are consolidated data and not product/service specific)
11.4.2.1. Employee Size
11.4.2.2. Past and Current Revenue
11.4.2.3. Geographical Share
11.4.2.4. Business Segment Share
11.4.2.5. Recent Developments
11.5. IBM Corporation
11.5.1. Overview
11.5.1.1. Key Management
11.5.1.2. Headquarters
11.5.1.3. Offerings/Business Segments
11.5.2. Key Details (Key details are consolidated data and not product/service specific)
11.5.2.1. Employee Size
11.5.2.2. Past and Current Revenue
11.5.2.3. Geographical Share
11.5.2.4. Business Segment Share
11.5.2.5. Recent Developments
11.6. Tata Consultancy Services Limited
11.6.1. Overview
11.6.1.1. Key Management
11.6.1.2. Headquarters
11.6.1.3. Offerings/Business Segments
11.6.2. Key Details (Key details are consolidated data and not product/service specific)
11.6.2.1. Employee Size
11.6.2.2. Past and Current Revenue
11.6.2.3. Geographical Share
11.6.2.4. Business Segment Share
11.6.2.5. Recent Developments
11.7. Trustwave Holdings, Inc.
11.7.1. Overview
11.7.1.1. Key Management
11.7.1.2. Headquarters
11.7.1.3. Offerings/Business Segments
11.7.2. Key Details (Key details are consolidated data and not product/service specific)
11.7.2.1. Employee Size
11.7.2.2. Past and Current Revenue
11.7.2.3. Geographical Share
11.7.2.4. Business Segment Share
11.7.2.5. Recent Developments
11.8. Thrive
11.8.1. Overview
11.8.1.1. Key Management
11.8.1.2. Headquarters
11.8.1.3. Offerings/Business Segments
11.8.2. Key Details (Key details are consolidated data and not product/service specific)
11.8.2.1. Employee Size
11.8.2.2. Past and Current Revenue
11.8.2.3. Geographical Share
11.8.2.4. Business Segment Share
11.8.2.5. Recent Developments
11.9. SecurityHQ
11.9.1. Overview
11.9.1.1. Key Management
11.9.1.2. Headquarters
11.9.1.3. Offerings/Business Segments
11.9.2. Key Details (Key details are consolidated data and not product/service specific)
11.9.2.1. Employee Size
11.9.2.2. Past and Current Revenue
11.9.2.3. Geographical Share
11.9.2.4. Business Segment Share
11.9.2.5. Recent Developments
11.10. ECI
11.10.1. Overview
11.10.1.1. Key Management
11.10.1.2. Headquarters
11.10.1.3. Offerings/Business Segments
11.10.2. Key Details (Key details are consolidated data and not product/service specific)
11.10.2.1. Employee Size
11.10.2.2. Past and Current Revenue
11.10.2.3. Geographical Share
11.10.2.4. Business Segment Share
11.10.2.5. Recent Developments
11.11. Check Point Software Technologies Ltd.
11.11.1. Overview
11.11.1.1. Key Management
11.11.1.2. Headquarters
11.11.1.3. Offerings/Business Segments
11.11.2. Key Details (Key details are consolidated data and not product/service specific)
11.11.2.1. Employee Size
11.11.2.2. Past and Current Revenue
11.11.2.3. Geographical Share
11.11.2.4. Business Segment Share
11.11.3. Recent Developments
11.12. Key Takeaways

$4,850
$6,850

Research Assistance

US: 800.298.5699
Int'l: +1.240.747.3093
Live help
Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Other tasks

Cookie Settings