NEW YORK, Dec. 18, 2013 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
Increased Spying and the Complexity of Attacks Drive Security Investment
The managed security services market in Latin America, particularly in the Southern Cone, has not yet reached maturity and is in an incipient phase compared to developed countries. Competing in this segment is an important challenge for service providers. Innovative devices and platforms are increasing, and new participants are entering the market. The main offerings in the Latin American managed security services market are firewall/virtual private network, intrusion detection system/intrusion prevention system, and antivirus/antispam/content filtering. Authentication and penetration testing/assessment services continue to have lower demand and higher growth rates.
•The Latin American managed security services (MSS) market generated a revenue of $X million in 2012. The market is expected to grow at a compound annual growth rate (CAGR) of X% from 2012 to 2018, reaching $Xmillion in 2018.
•Brazil holds the largest market share by sub-region, with X% of revenue. Brazil is followed in decreasing order by the Andean region, the Southern Cone, Mexico, and the Caribbean and Central America.
•The telcos and technology vertical continues to maintain the highest market share of X%, followed by manufacturing and industry, with a market share of X%. The distance manufacturing and industry maintains with banking and finance (X%) is being steadily reduced. The banking and finance vertical is expected to lead the market by 2015, with a share of X%.
•Firewall/virtual private network (VPN) will remain the most demanded service in the region. However, penetration testing/assessment services will grow at a high rate, boosted by increased information security regulation requirements and hacktivist initiatives.
•A noticeable feature of the Latin American MSS market is its level of concentration. The top X participants captured a total share of X% in 2012. By 2017, concentration levels will decrease because of fierce competition and the entrance of new participants in the market.
1. High growth rates will continue throughout the forecast period.
2. Brazil will continue to be the most important market, with nearly X% of revenue.
3. The most important vertical is telcos and technology. By 2018, however, the banking and finance vertical will lead.
4. Firewall/VPN will be the most demanded service throughout the forecast period.
5. The market is concentrated; however, competition and new entrants will change this by 2018.
Geographic Coverage: Latin America
Study Period: 2011–2018
Base Year: 2012
Forecast Period: 2013–2018
Monetary Unit: US Dollars
Latin America: Brazil, Caribbean and Central America, Mexico, the Southern Cone, and the Andean Region
•MSS is the outsourcing of network security to a third party, which hosts, monitors, and responds to malicious malware and criminal activity.
•One purpose of MSS is that the client can lower costs by delegating the micromanagement of security needs to a specialized service provider.
•MSS works symbiotically in an environment that is dominated by cloud computing.
Key Questions This Study Will Answer
What is the current situation of MSS in Latin America?
What is the market's growth rate and concentration? How will they change throughout the forecast period?
What differences are there between the regions? How will they evolve?
What is the market share for each vertical market?
What types of MSS are being offered? How is the demand structured?
How will recent spying scandals and virtual hacking outbreaks affect the future of the MSS market?
Table of Contents
1. Executive Summary
2. Market Overview
3. Total Managed Security Services Market
• External Challenges: Drivers and Restraints
• Forecast and Trends
• Market Share and Competitive Analysis
4. The Last Word
To order this report: Analysis of the Latin American Managed Security Services Market
Contact Clare: email@example.com
Intl: +1 339-368-6001