Global Managed Security Services Market Growth (Status and Outlook) 2023-2029

Global Managed Security Services Market Growth (Status and Outlook) 2023-2029

Stringent regulatory compliances and the increasing sophistication levels of cyber-attacks are expected to drive the Managed Security Services (MSS) market.

LPI (LP Information)' newest research report, the “Managed Security Services Industry Forecast” looks at past sales and reviews total world Managed Security Services sales in 2022, providing a comprehensive analysis by region and market sector of projected Managed Security Services sales for 2023 through 2029. With Managed Security Services sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Managed Security Services industry.

This Insight Report provides a comprehensive analysis of the global Managed Security Services landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Managed Security Services portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Managed Security Services market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Managed Security Services and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Managed Security Services.

The global Managed Security Services market size is projected to grow from US$ 20570 million in 2022 to US$ 46170 million in 2029; it is expected to grow at a CAGR of 12.2% from 2023 to 2029.

North America is expected to hold the largest market size and dominate the MSS market from 2018 to 2023, owing to the early adoption of new and emerging technologies and the presence of a large number of MSSPs in this region.

This report presents a comprehensive overview, market shares, and growth opportunities of Managed Security Services market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Network Security
Terminal Security
Application Security
Cloud Security

Segmentation by application
Financial Services
Communications Industry
Public Sector
Media
Retail
Manufacturing
Medical
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
IBM (US)
SecureWorks (US)
Symantec (US)
Trustwave (US)
Verizon(US)
AT&T (US)
Atos (France)
BAE Systems (UK)
BT (UK)
CenturyLink (US)
DXC (US)
Fortinet (US)
Fujitsu (Japan)
NTT Security (Japan)
Wipro (India)

Please note: The report will take approximately 2 business days to prepare and deliver.