Managed Cyber Security Services Market to Witness Significant Growth in the Coming Years

Albany, NY — 01/15/2018 — A latest report published by Transparency Market Research (TMR) projects that the global managed cyber security services market will remain positive over the next couple of years. Between 2016 and 2026, the market is expected to surge at over 15% CAGR. In recent years, the adoption of managed services has tremendous owing to their cutting-edge features and functionalities that facilitate high quality service delivery to users. This has been a major factor in driving the demand for managed cyber security solutions. Also, managed cyber security solutions can help in lowering the IT Budget, provide high levels of responsiveness, and ensure faster troubleshooting. The adoption of managed security services is expected to remain high in the forthcoming years.

It is observed that the altering aspects of business structures is also compelling corporation across the globe to strengthen and secure their existing IT infrastructure. Increasing demand for advanced security services in sector such as BFSI, telecommunication and Information technology is driving the demand for managed cyber security. Factors as such are expected to support the growth of the global market for managed cyber security during the forecast period.

Request A Sample Of This Report – https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=36083

Managed cyber security solution offer a high-level security for confidential and sensitive information of company and hence will remain of significance for organizations worldwide. Moreover, cyber security services provision further growth of a corporation by securing their technological capabilities and enhancing their operational efficiency. The global market for managed cyber security is expected to be influenced by rising incidences of cybercrimes that target enterprise networks in the near future. In addition, stringent regulatory norms and data security laws are forcing organizations to integrated cyber security tools in their network infrastructure.

Among regions, North America is expected to dominate the global managed cyber security services market in 2017, and the trend is likely to continue throughout the forecast period. North America managed cyber security services market is set to grow at a CAGR of 18.5% between 2017 and 2026. Meanwhile, regions such as Asia Pacific excluding Japan (APEJ) and Europe are also expected to present growth opportunities for service providers during the assessment period.

View Report – https://www.transparencymarketresearch.com/managed-cyber-security-services-market.html

On the basis of application, the identity & access management will remain highly attractive in 2017 and beyond. This segment currently for more than one-third revenue share of the market and is estimated to surpass a valuation of US$ 26,700 Mn by 2026-end, expanding at a CAGR of 16%. The segment is set to increase by US$ 4,029.7 Mn annually over the course of the forecast period.

On the basis of end use, the discrete manufacturing segment is expected to retain its leading position over 2026. Currently, the segment accounts for close to one-fourth market share and is projected to increase at a CAGR of 15.9% during the assessment period.

Buy This Report – https://www.transparencymarketresearch.com

Leading market participants profiled in TMR's report include Tata Consultancy Services, Secureworks, Symantec, CNS Group, Proficio, IBM Corporation, Optiv, Accenture, Honeywell and Assuria. A majority of these companies are incessantly innovating to optimism their cybersecurity services to requirements and offer end-to-end security. These companies are concentrating on developing solutions that can help organizations out-smart attackers every single day.

Powered by WPeMatico

You might like

About the Author: Carrie Brunner

Carrie Brunner grew up in a small town in northern New Brunswick. She studied chemistry in college, graduated, and married her husband one month later. They were then blessed with two baby boys within the first four years of marriage. Having babies gave their family a desire to return to the old paths – to nourish their family with traditional, homegrown foods; rid their home of toxic chemicals and petroleum products; and give their boys a chance to know a simple, sustainable way of life. They are currently building a homestead from scratch on two little acres in central Texas. There’s a lot to be done to become somewhat self-sufficient, but they are debt-free and get to spend their days living this simple, good life together with their five young children. Carrie writes mostly on provincial stories.
%d bloggers like this: