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Managed Security Services Market Trends, Growth, Analysis and Research Report 2016

According to the report, increased use of mobile devices will be a key driver for market growth. With the growing need for uninterrupted connectivity between a corporate network and employees, employees are increasingly using their personal portable
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Managed Security Services Market Analysis, Share and Size,
Emerging Trends, Overview and Outlook, Growth And Segment
Forecasts To 2020
Technavio Announces the Publication of its Research Report – Global Managed Security Services Market
Technavio recognizes the following companies as the key players in the global managed security services
market: AT&T, Dell, IBM, Symantec, and Verizon Communications.
Other Prominent Vendors in the market are: Bell Canada, BT Global Services, CenturyLink, CentraComm
Communications, CGI Group, CheckPoint Software Technologies, Computer Sciences, Cisco, FishNet
Consulting, Fujitsu, Fortinet, HP, Lockheed Martin, NTT Com Security, Tata Communications, Trustwave,
and Wipro Technology Services.
Browse full report with [email protected]
Commenting on the report, an analyst from Technavio’ s team said: “Increased demand for managed
security services from SMBs will be a key trend for market growth. The evolving market and the
changing aspects of businesses have prompted organizations worldwide to constantly innovate and
overhaul their existing business models and enterprise infrastructure. Managed security services
support the growth of a company by addressing the security requirements and helping it gain a
competitive edge by optimizing business processes and improving operational efficiency. They help
SMBs by offering high-level security for sensitive and confidential information. Therefore, the IT
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infrastructure of many companies need to be upgraded to cater to business demands. This will increase
the adoption of secure IT services among end-users.”
According to the report, increased use of mobile devices will be a key driver for market growth. With the
growing need for uninterrupted connectivity between a corporate network and employees, employees
are increasingly using their personal portable such as mobile phones, tablets, and laptops to gain access
to confidential information. With the increased in adoption of mobile devices, the requirement for
storage and access to confidential information has also increased. This has increased the need to protect
confidential and critical business data.
Further, the report states that security risks associated with SaaS offerings will be a challenge against
the market growth. Data breaches and data loss are common problems associated with SaaS offerings.
Though a multi-tenant cloud database offers an inexpensive way of storing data, it has its own security
risks. A single bug in a client's records can give hackers access to another tenant's data. Though SaaS
encryption is a way to keep critical information intact, there are high chances of losing the encryption
key, which can lead to data loss. Account hijackings are also possible on the cloud. These factors hinder
the growth of SaaS offerings, especially among large enterprises and government organizations.
The study was conducted using an objective combination of primary and secondary information
including inputs from key participants in the industry. The report contains a comprehensive market and
vendor landscape in addition to a SWOT analysis of the key vendors.
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About Managed Security Services
Managed security services are the services provided by an outsourced managed security service
provider to maintain information security and network security. This service is provided either on the
client's premises or it is outsourced to a company that specializes in networking and information system
security. Managed security service providers (MSSPs) offer managed anti-virus; security monitoring;
network boundary protection that includes managed services for firewalls, intrusion detection systems
(IDSs), and VPNs; content filtering; information security risk assessments; incident management that
includes vulnerability assessment and penetration testing; emergency response and forensic analysis;
and data archiving and restoration services.
Technavio’ s analysts forecast the global thoracic surgery market to grow at a CAGR of 11.9% during the
period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global managed security
services market for 2016-2020. To calculate the market size, the report considers the revenue generated
from the sales of on-premises managed security services and cloud-based managed security services.
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The market is divided into the following segments based on geography:
• Americas
Technavio's report, Global Managed Security Services 2016-2020, has been prepared based on an indepth market analysis with inputs from industry experts. The report covers the market landscape and its
growth prospects over the coming years. The report also includes a discussion of the key vendors
operating in this market.
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Connect for more details:
Sam Collins
Market Reports Center
1-646-883-3044 (US)
[email protected]
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