Managed Security Services Market Growth and Development Report 2014-2018

Global Managed Security Services Market
2014-2018
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Published: June 2014
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Global Managed Security Services Market 2014-2018
Managed security services are information and network security services that are
outsourced to third-party service providers. These providers offer network boundary
protection, including managed services for firewalls, intrusion detection systems,
and virtual private networks; security monitoring; managed anti-virus; content
filtering; information security risk assessments; incident management, including
emergency response and forensic analysis; vulnerability assessment and penetration
testing; and data archiving & restoration services.
In addition, some MSSPs also offer periodic vulnerability testing, patching, and
escalation services. Managed security services may either be completely handled by
the service providers from an off-site location, or the service provider may set-up the
necessary infrastructure on-site in the organization, leaving the security to be
managed by the organization. Analysts forecast the Global Managed Security
Services market will grow at a CAGR of 16.52 percent during the period 2013-2018.
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The Report recognizes the following companies as the key players in Global Managed
Security Services Market: AT&T Inc., Dell Inc., IBM Corp., Symantec Corp, Verizon
Communications Inc., Bell Canada Inc., BT Global Services Ltd, CentraComm
Communications Ltd, Check Point Software Technologies Ltd., CGI Group Inc.,
Computer Sciences Corporation, FishNet Consulting Inc., Fujitsu Ltd., Getronics USA
Inc., Hewlett-Packard Co., Integralis AG, Lockheed Martin Corp., Solutionary Inc., Tata
Communications Ltd., Trustwave Holdings Inc., VeriSign Inc., Wipro Technology
Services Ltd.
With the various advantages of adopting cloud services such as lower cost and ease
of installation and operations, SMEs prefer cloud services to other security service
offerings. Also, even large enterprises that are already using CPE-based managed
security services are switching to the cloud model. Thus, seeing the increasing
demand for and increased popularity of cloud-based offerings, many vendors in the
Global Managed Security Services market are offering cloud-based services. For
instance, specialized cloud service providers such as MessageLabs (part of
Symantec), Postini (acquired by Google Inc.), and Zscaler provide in-the-cloud
security.
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Covered in this Report
This report covers the present scenario and the growth prospects of the Global
Managed Security Services market for the period 2014-2018. To calculate the market
size, the report considers the revenue generated from CPE-based and cloud-based
managed security services. It also presents the vendor landscape and a
corresponding detailed analysis of the top four vendors in the Global Managed
Security Services market. In addition, the report discusses the major drivers that
influence the growth of the Global Managed Security Services market. It also
outlines the challenges faced by the vendors and the market at large, as well as the
key trends that are emerging in the market.
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Covered in this Report
According to the report, one of the major drivers is the need to improve the quality
of protection. Because of the increase in the frequency of attacks, organizations are
implementing managed security services that help in monitoring and providing
better protection. The quality of protection can also be enhanced by outsourcing
security responsibilities to MSSPs that have core expertise in this field. Hence, more
end-users are adopting managed security services, a trend which is propelling the
growth of the market.
Further, the report states that one of the major challenges faced by the market is the
high cost of implementation. Despite the potential benefits, certain organizations
refrain from investing in managed security services because of the high costs
associated with it. Also, there are certain hidden costs involved in the maintenance
of managed security services. This will make end-users reluctant to adopt them, thus
affecting the growth of the market.
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Key Regions
Americas
EMEA
APAC
Key Vendors
AT&T Inc.
Dell Inc.
IBM Corp.
Symantec Corp
Verizon Communications Inc.
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Other Prominent Vendors
Bell Canada Inc.
BT Global Services Ltd.
CentraComm Communications Ltd
Check Point Software Technologies Ltd.
CGI Group Inc.
Computer Sciences Corporation
FishNet Consulting Inc.
Fujitsu Ltd.
Getronics USA Inc.
View All Vendors

Key Market Driver
Improved Quality of Protection.
Key Market Challenge
High Implementation Costs.
Key Market Trend
Increasing Demand for Cloud-based Services.
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Information Technology Market

Key Questions Answered in this Report
What will the market size be in 2018 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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Managed Security Services Market Growth and Development Report 2014-2018

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Managed Security Services Market Growth and Development Report 2014-2018