Managed security market was valued at $16.6 billion in 2016, and is projected to reach $56.4 billion by 2024, having a CAGR of 16.6% during the forecast period of 2017 to 2024.
Global managed security services market is segmented based on application, deployment type, organization size, industry vertical and geography. By application global managed security services market is segmented as IPS & IDS, Distributed denial of services, Unified threat management, Secured information & event, Endpoint security, Firewall management and Others. Based on deployment type, the market is segmented into onpremises and cloud models. Based on organization size, the market is segmented into small and medium sized businesses SMBs and large enterprises. Major industry verticals are BFSI, retail, telecommunications and IT, government, healthcare and others.
Geographically, the market is segmented into North America, Europe, AsiaPacific and Latin America, Middle East and Africa LAMEA.
Major players of the market are AT&T Inc., BT Group, Check Point Software Technologies Ltd., Cisco Systems Inc., Computer Sciences Corporation, Dell Secureworks, Inc., Fortinet Inc., HP Inc., IBM Corporation, and Symantec Corporation.
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• IPS & IDS
• Distributed denial of services
• Unified threat management
• Secured information & event
• Endpoint security
• Firewall management
By Deployment mode
• Cloud based
• On premise
By Industry Vertical
• Telecom & IT
By Organization Size
• Small & medium
• Large Enterprises
• North America
Key Market Players
• AT&T Inc.
• BT Group
• Check Point Software Technologies Ltd.
• Cisco Systems Inc.
• Computer Sciences Corporation
• Dell Secureworks, Inc.
• Fortinet Inc.
• HP Inc.
• IBM Corporation
• Symantec Corporation
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