This IDC Market Perspective examines organizations' needs for professional and managed security services in six sectors and unpicks the ingredients of successful vertical security strategies. Tailoring security services to organizations in specific sectors in Europe opens up new revenue opportunities but execution is vital. "Demand for cybersecurity services across Europe continues to rise due to the increasingly complex threat landscape and a lack of internal resources in many organizations," said Richard Thurston, research manager, European Security Services. "This has led to a congested market in which service providers must work hard to stand out. Creating sector-specific offerings provides an opportunity to win new customers, but successful strategic execution is vital."
Please Note: Extended description available upon request.
Executive Snapshot
New Market Developments and Dynamics
Introduction
Sector Insight
Financial Services
Driving Change and Resilience Against a Backdrop of Multiple Regulations
Addressing the Financial Services Sector With Security Services
Government
Safe, Secure, Visible, and Digital are Fundamentals
Addressing the Government Sector With Security Services
Manufacturing
Security Culture in Rapid Catch-Up Mode as Supply Chains and OT Increase Business Risk
Addressing the Manufacturing Sector With Security Services
Retail
Tackling Fraud and Inventory Theft as Well as Meeting Privacy Requirements Top the Agenda
Addressing the Retail Sector With Security Services
Transportation
Society's Vulnerable Connective Tissue
Addressing the Transportation Sector With Security Services
Utilities
Risk Mitigation Essential for Critical National Infrastructure
Addressing the Utilities Sector With Security Services